Discover a unique opportunity to own a beautiful 1.46-acre lot located in the exclusive gated community, The Ridges of Tellico Lake. This lot is nestled at the end of the street at the top of a ridge line. Utilities are available at the curb. Bring a builder and create the home of your dreams. Embrace the natural surroundings while still being less than hour from Knoxville and Tyson McGhee airport. 10 minutes to boat launch. This is a great opportunity for those who enjoy the outdoors!
Property Details
Property Features
Listing Office:
Office Name: Allen Realty
Office Phone: (865) 770-9201
Lot Features
Lot Information:
Lot: Cul-De-Sac, Rolling/Hilly, Wooded
Lot Size: 1.46 Acres
Other
Directions Information:
Directions: From Vonore, take TN 72 north to Lakeside Rd. Turn left onto Lakeside. Ridges of Tellico Lake is a gated community and is 1/2 mile on Lakeside on the right. Enter community on Wilderness Rd. Turn left on to Overlook. Take Overlook to top of ridge. Lot 13 will be on the cul-de-sac. Sign on property.
Price Information
Listing Price Info
Price Summary:
List Price: $70,000
HOA Fees:
Amount: $100
Frequency: Monthly
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 $484K 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: #1274026
Listing Office:
Office Name: Allen Realty
Office Phone: (865) 770-9201
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$517
Per Month
Principal & Interest
$350
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)
$100
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
$276
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 school3.91 miles
Public District Grades PK-4
6
/10
Steekee Elementary School
4500 Steekee School Rd
Distance between this listing and this school5.37 miles
Public District Grades PK-5
4
/10
Loudon Elementary School
2175 Roberts Rd
Distance between this listing and this school7.05 miles
Public District Grades PK-5
Nearby Schools
6
/10
Vonore Middle School
414 Hall St
Distance between this listing and this school3.64 miles
Public District Grades 5-8
4
/10
Philadelphia Elementary School
300 Spring St
Distance between this listing and this school7.42 miles
Public District Grades PK-8
4
/10
Ft. Loudoun Middle School
1083 Mulberry St
Distance between this listing and this school7.45 miles
Public District Grades 6-8
Nearby Schools
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school5.95 miles
Public District Grades 9-12
6
/10
Greenback School
6945 Morganton Rd
Distance between this listing and this school6.32 miles
Public District Grades PK-12
5
/10
Loudon High School
1039 Mulberry St
Distance between this listing and this school7.62 miles
The neighbors living near this home have an average income of $46,595. Residents of Vonore, TN typically earn between $35k-100k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Overlook Way
What is the listing price of this property?
The listing price of Overlook Way property is $70,000.
What type of property is this?
The property Overlook Way is land located in Vonore, Tennessee, 37885.
Is this property for sale now?
Active Listing: Overlook Way is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on August 24, 2021 for $38,000. (source: MLS/tax record).
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 Overlook Way in Vonore, TN and zip code 37885 in the The Ridges at Tellico Lake neighborhood. This home sits on a 1.46 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $70,000.
Over 1 listings were sold over their listed price in November 2024 in Vonore, TN. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Vonore, TN decreased by 11.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $554,000, while the average time on the real estate market was 38 days.
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. 
NASCAR
NASCAR
Hunting
Monster Trucks
Bass Pro Shops
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Ram
Chevrolet
Classic Country
New Country