Almost NO lakefront and dockable lots remain in the Gated Community of Legacy Shores! Wonderful opportunity to own almost 1 acre on Tellico Lake. Enjoy a LEVEL walk down to your Private Dock. Lot IS DOCKABLE and see pervious dock permit in the MLS documents. This spacious .94-acre homesite offers a large homesite with room for 3+ car garage, pool, larger yard for lakeside entertaining, and more! Enjoy morning Sunrises and cool and relaxing evenings taking in spectacular lake views! Site survey and TVA dock permit on file. Build your dream home or lakefront getaway in the Legacy Shores Community on Tellico Lake with utilities on site. Private setting, Legacy Shores POA and a Church owned adjacent lot to the right of this lot. Fabulous location with low HOA, close to great restaurants, golf courses, state park, grocery, and more. Tellico Lake is one of the most popular lake home destinations in the E. TN area offering deep water coves, picturesque scenery, clean water, recreational activities, and fabulous lakeside communities. A lot like this is sought after so call soon for more details.
Property Details
Property Features
Listing Office:
Office Name: Lake Homes Realty of East Tennessee
Office Phone: (865) 850-2518
Lot Features
Lot Information:
Lot Size: 0.94 Acres
Other
Directions Information:
Directions: From I-75, take Lenoir City exit 81, head north on US Hwy 321 towards the Fort Loudoun Dam. Turn right onto SR 444 (Tellico Parkway). Turn left onto TN 72 East. Turn left onto Old Slag road. Turn left onto Falcon Trail. No signs are allowed on properties. See photos to help locate.
Price Information
Listing Price Info
Price Summary:
List Price: $495,000
HOA Fees:
Amount: $1000
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vonore, TN.
This property is $28.5K less than the Median Sold Price in Vonore, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1276955
Listing Office:
Office Name: Lake Homes Realty of East Tennessee
Office Phone: (865) 850-2518
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,621
Per Month
Principal & Interest
$2,471
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$83
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,551
Powered By
Advertisement
NMLS#3030
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
4
/10
Vonore Elementary School
1135 Highway 411
Distance between this listing and this school1.06 miles
Public District Grades PK-4
5
/10
Madisonville Intermediate School
1000 Green Rd
Distance between this listing and this school6.41 miles
Public District Grades 3-5
6
/10
Steekee Elementary School
4500 Steekee School Rd
Distance between this listing and this school8.68 miles
Public District Grades PK-5
Nearby Schools
6
/10
Vonore Middle School
414 Hall St
Distance between this listing and this school1.36 miles
Public District Grades 5-8
4
/10
Madisonville Middle School
175 Oak Grove Rd
Distance between this listing and this school6.54 miles
Public District Grades 6-8
4
/10
Philadelphia Elementary School
300 Spring St
Distance between this listing and this school10.35 miles
Public District Grades PK-8
Nearby Schools
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school4.45 miles
Public District Grades 9-12
6
/10
Greenback School
6945 Morganton Rd
Distance between this listing and this school6.55 miles
Public District Grades PK-12
5
/10
Loudon High School
1039 Mulberry St
Distance between this listing and this school10.93 miles
The neighbors living near this home have an average income of $30,316. Residents of Vonore, TN typically earn less than $35k each year. Typical family type is single, 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 Lot103 Falcon Tr
What is the listing price of this property?
The listing price of Lot103 Falcon Tr property is $495,000.
What type of property is this?
The property Lot103 Falcon Tr is land located in Vonore, Tennessee, 37885.
Is this property for sale now?
Active Listing: Lot103 Falcon Tr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Lot103 Falcon Tr in Vonore, TN and zip code 37885 in the Legacy Shores neighborhood. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $495,000.
Over 0 listings were sold over their listed price in October 2024 in Vonore, TN. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Vonore, TN decreased by 5.4% between September 2024 and October 2024. Listings spent 42 days on the market in October 2024, and had a median list price of $523,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Monster Trucks
Monster Trucks
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
New Country