Three homes. One property. Cherokee Lake access one tenth of a mile from the driveway. Out-of-state buyers keep asking the same question: how do you get on Cherokee Lake without a million dollar waterfront price tag? This is one answer. 1.68 unrestricted acres in Mooresburg with a 3-bedroom, 2-bath home remodeled top to bottom in 2020, a 2-bedroom, 1-bath home, and a 12x32 tiny home with a full kitchen, full bath, and stackable washer and dryer. Live in one. Rent the other two. Or fill all three with the people you actually want to see. Every home has its own covered porch, its own driveway, and its own electric meter. Two detached carports, a 648 square foot garage for the boat, and three storage buildings. The land is unrestricted, so you can add a septic and park campers or RVs if you want another stream of income. Here's what nobody tells you until you get here. Tennessee has no state income tax. Cherokee Lake runs 54 miles with public ramps up and down it. The Smokies are about an hour and a half southeast, and Knoxville's airport is close enough that family can fly in for a long weekend instead of planning a road trip. Cherokee Lake access is at the end of the road. This property is tucked off Hwy 11W in Hawkins County, where the road stays quiet and the ridgelines do the decorating. Three roofs, one closing, and a boat ramp at the end of the street.
Based on the average sale price from the Johnson City, TN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
125 Substation Road Mooresburg, TN is a Single Family Home for sale at $289900 with 924 sqft and a lot size of 1.18 Acres Acre(s). 125 Substation Road Mooresburg has 5 bedrooms, 4 baths and was built in 1985. The property's zip code is 37811 which is in Mooresburg, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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