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170 Cormorant Drive, Vonore, 37885
Priced At: $789,000
Property Details for ID: 1278396
MLS Status: Active
Property Type: Land
On Market Date: 2024-10-03T20:45:13Z
Subdivision: Rarity Bay Phase Vi
Public Remarks: One of the best deep-water dockable lakefront homesites available on the main channel of Tellico Lake. This large lot (0.41 acres) is located in the exclusive gated lakefront living community of Rarity Bay and offers year-round water with 104 ft of beautiful lake frontage. Pilings for the TVA permitted and approved 1800 sqft dock, including riprap are installed along the shoreline. This gorgeous gently sloping lot showcases the stunning panoramic lake views and is ideal for a walk-out lower level from your custom dream home. Rarity Bay combines waterfront living with mountain views and premium amenities that include an 18-hole championship golf course and an Equestrian Center with access to the community's 125 acres of riding and hiking trails. Dine and socialize at the Country Club and enjoy the swimming pool, tennis courts, pickleball courts, fitness center and recreation center that hosts regular special events for residents. Surrounded by water on three sides, Rarity Bay offers lake living at its best, where you can water ski, boat, fish or kayak from over 10 miles of shoreline. Residents also enjoy a variety of other amenities including a community dog park, garden plots to grow your own vegetables and over 40 clubs and interest groups. The community is conveniently located 35 minutes from McGhee Tyson Airport and 45 miles to the entrance of the majestic Smoky Mountain National Park, the most visited national park in the country. Nearby Knoxville was named one of the 10 Most Beautiful Places to Live in the US with premier shopping and dining, live music, culture, outdoor adventure, highly acclaimed cuisine and is home to the University of Tennessee. Tennessee offers a tax-friendly haven with no state income tax, no inheritance tax, low property taxes all while enjoying a mild four-season climate.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
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HOA Information
HOA Fee: 1100
HOA Freq: Yearly
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Directions
Follow I-75 S to Loudon. Take exit 72 from I-75. Continue on TN-72 E. Turn left onto Rarity Bay Pkwy. Go through entrance gate (Rarity Bay is a gated community), turn right onto Watercrest Dr, turn right onto Killdeer Dr, turn right onto Cormorant Drive.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!