Tennessee Lakefront Search | Knoxville Tennessee Real Estate and East Tennessee Lakefront | RE/MAX Preferred Properties : Knoxville TN Real Estate

East Tennessee Lakefront Real Estate

East Tennessee is blessed with an abundance of lakes and streams. There are 7 lakes within an

hour drive of Knoxville Tennessee (click here for map) and depending on the lake, parcel size
and location prices can range from about $75,000 to several Million Dollars for lakefront land.
Tennessee lakefront homes start in the $200,000 range and go up to several Million Dollars as
well.

All of our Knoxville area lakes are large enough to support boating, skiing, fishing, etc. These

lakes were created and are managed by the Tennessee Valley Authority (TVA) for flood control

power production and recreation. The lakes North and East of Knoxville ( Norris, Cherokee and

Douglas ) are tributary lakes whose water levels are dropped in the Fall to create storage for

Winter/Spring runoff from the Cumberland Mountains to the West and the Smoky Mountains to

the East. Because of the dramatic fluctuation in water level these lakes require floating docks.

The lakes further downstream ( Fort Loudon, Tellico, Melton Hill and Watts Bar ) also have

fluctuating water levels but not as severe as the tributary lakes. As a result, fixed docks are

common on these lakes. TVA and the U.S. Army Corps of Engineers control the dock permit

process and any construction within their waterfront easements.

Depending on local topology and water depth some properties have seasonal water while others

have year round water. Properties with year round dockable water and convenient to Knoxville, or

a fair sized town, demand a premium price. Communities such as Tellico Village and Rarity Bay
on Tellico Lake offering amenities like marinas, golf courses, tennis, and organized social activities
also demand higher prices. Property in more remote areas, without on-site utilities, amenities
and/or without year round water sell for less.

Some important things to keep in mind when shopping for Tennessee lakefront property:

1. Price - If it seems too good to be true it most likely is. Bargains on lakefront property are rare.

2. Docks - TVA and the Corps of Engineers have the final say in issuing dock permits. Just

because it is advertised as dockable, or the owner/developer says it is dockable,

doesn't make it so. Properties with an existing dock permit must have that permit

transferred to the new owners when a property sells. Even a change in dock size

or design must be approved. To learn more about TVA dock permits and fees

click on this link: http://tva.com/river/26apermits/howto.htm

3. Surveys - Many lenders no longer require surveys when financing a purchase, especially

in newer subdivisions with recent surveys on file with the County. Unless the

survey pins are still in place and clearly located where the plat maps/surveys

indicate they should be, a new survey is highly recommended.

4. Buyer's Agent - Find an experienced Realtor® to represent you, especially if you are not

familiar with our area lakes. The characteristics, prices, advantages and

disadvantages of the area lakes and lakefront communities vary. Team

                           with a Realtor® who is knowledgeable about our area lakes and can help
                           you find a property that will meet your needs.

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