Think of attending a Vols game at Neyland Stadium. Seat prices will vary. If you are sitting on the 50-yard line, those seats will cost you more than in the end zone. Some seats have viewing obstructions; these will typically cost you even less than the end zone. Or what about seats in the nosebleed section? Get the picture?
Well, real estate on/or in proximity to Cherokee Lake is comparable. Cherokee Lake is the game you’re watching. Lakefront lots will cost you more than lakeview. Lakeview will cost you more than no view. And within these categories, there are subcategories. Is the lakefront lot on the main channel or in a cove? There are advantages and disadvantages to both. How easy is it to get to the water? Is the land level or is it a steep drop? Is the lakeview panoramic, or narrow? Is the view obstructed because of trees, or do you have a clean open view of the lake? Can you view the lake year-round or only when the trees have lost their leaves? How many other homes are blocking your views? Do you see more of your neighbors’ homes or the lake? Other categories that affect pricing on Cherokee Lake include… will TVA allow you build a dock on your lakefront property or not? Does the community where the lot is located have access to private boat slips and ramps for unloading your boat? If not, how close are these facilities? Bottom line? No two Cherokee Lake properties are the same. So, pricing will vary. By contacting us, we can discuss a specific property and determine what the pros and cons are of each, and which ones will fit your needs.
