Waterfront 0.66-acre lot in a gated community for under $40,000! Enjoy the privacy and security of this scenic gated community while building your dream home or vacation retreat. This wooded waterfront property offers incredible potential with a preliminary determination from TVA indicating the property may have the necessary land rights to obtain a dock permit; however, the buyer must apply directly to TVA for official approval. Located within a day's drive of most major cities east of the Mississippi, this stunning property offers both seclusion and convenience. Easily accessible from multiple interstate highways, making it an ideal getaway or year-round residence. Imagine waking up to sweeping views of the Cherokee Lake and the majestic mountains every day. The property is ideally situated near Chelaque's picnic area and boat ramp, offering endless opportunities for outdoor adventures. Chelaque Estates is packed with exclusive amenities to enhance your lifestyle, including a boat ramp, dock (slips available for an additional fee), a picnic pavilion, and a pickleball and basketball court. The same owner also has an adjoining lakefront lot available. If additional acreage is desired, the seller is willing to negotiate a more favorable price with the purchase of the adjoining lot. The community is designed for site-built homes with a minimum of 1,400 square feet of heated living space, ensuring your home will blend perfectly with the natural surroundings. HOA fees are $690 annually per lot. With electric, cable, telephone, and high-speed internet already available at the road. A well and septic system will be needed for full development. Buyer's agents and buyers to verify all information. Whether you're looking to retire to East Tennessee or build your forever home in a tranquil, nature-filled setting, this property offers a rare combination of breathtaking views, abundant wildlife, and unmatched peace and quiet, all while being close to modern conveniences. The beauty of Cherokee Lake, the charm of Chelaque Estates, and the serenity of East Tennessee await you.