This rare 1.95-acre combination lot (313 & 317 Chelaque Way) offers a unique opportunity to build your dream home in one of East Tennessee's finest lake communities. The property previously had a home, which was lost to fire in 2023, but all utilities are in place for a quick rebuild. A 415-foot-deep well produces 20 gallons per minute, and a 3-bedroom septic system is already installed. The concrete slab foundation remains, offering a head start on construction. Located in the prestigious Chelaque subdivision, this property enjoys a peaceful wooded setting with community access to Cherokee Lake. Chelaque offers exceptional amenities, including a boat ramp, marina (slips available for purchase), clubhouse, picnic pavilion, and pickleball court. The subdivision requires a minimum 1,400 sq ft site-built home, ensuring architectural consistency and neighborhood appeal. High-speed internet is available, perfect for remote work or streaming. With a list price of just $50,000, this property is an excellent value in a community where lakefront living meets convenience and comfort. HOA fees are $1,300 per year, covering both lots. Seize this chance to build your dream retreat on Cherokee Lake!
Property Details
Property Features
Listing Office:
Office Name: REMAX Real Estate Ten of Morristown
Office Phone: (423) 581-8881
Listing Agent: Amy Shrader
Exterior Features
Exterior Information:
Waterfront: Lake Privileges
Lot Features
Lot Information:
Lot: Wooded, See Remarks
Lot Size: 1.95 Acres
Other
Directions Information:
Directions: Slate Hill Rd to JV Circle. Continue on Profitt Ridge Rd to Chelaque gate. From gate go approx 1.5 miles and lots are on left.
Price Information
Listing Price Info
Price Summary:
List Price: $50,000
HOA Fees:
Amount: $1300
Frequency: Annually
Tax Information:
Annual Amount: $102
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Mooresburg Elementary School
305 Highway 31
Distance between this listing and this school2.71 miles
Public District Grades KG-5
6
/10
Whitesburg Elementary School
7859 E Andrew Johnson Hwy
Distance between this listing and this school4.58 miles
Public District Grades KG-5
5
/10
Russellville Elementary School
5655 Old Russellville Pike
Distance between this listing and this school5.04 miles
Public District Grades PK-5
Nearby Schools
7
/10
East Ridge Middle School
6595 Saint Clair Rd
Distance between this listing and this school4.08 miles
Public District Grades 6-8
5
/10
Bulls Gap School
315 Allen Dr
Distance between this listing and this school7.23 miles
Public District Grades KG-8
5
/10
Meadowview Middle School
1623 Meadowview Ln
Distance between this listing and this school8.33 miles
Public District Grades 6-8
Nearby Schools
1
/10
Hamblen County Alternative School
376 Snyder Rd
Distance between this listing and this school7.74 miles
Public District Grades KG-12
4
/10
Cherokee High School
2927 Highway 66 S
Distance between this listing and this school9.47 miles
Public District Grades 9-12
4
/10
Morristown East High School
1 Hurricane Ln
Distance between this listing and this school9.50 miles
The neighbors living near this home have an average income of $43,571. Residents of Mooresburg, TN typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 313 Chelaque Way
What is the listing price of this property?
The listing price of 313 Chelaque Way property is $50,000.
What type of property is this?
The property 313 Chelaque Way is land located in Mooresburg, Tennessee, 37811.
Is this property for sale now?
Active Listing: 313 Chelaque Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $102 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 5, 2004 for $16,000. (source: MLS/tax record).
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This home is located at 313 Chelaque Way in Mooresburg, TN and zip code 37811. This home sits on a 1.95 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $50,000.
In November 2024, from all listings sold in Mooresburg, TN there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The median list price of listings available in November 2024 was $289,000, while the average time on the real estate market was 112 days.
From Rocket Homes Real Estate and based on county public records data.
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