Discover lakefront living at its finest with this stunning 1.67-acre lot in the esteemed Legacy Bay community on Cherokee Lake. Offering approximately 140 feet of shoreline, this dock-able lot (with TVA permit) is the perfect canvas for your dream home. Imagine waking up every day to serene views and direct water access in a setting that blends natural beauty with upscale community amenities. This partially cleared lot is primed for development, adhering to community standards that require site-built homes with a minimum of 1600 sq ft, ensuring a cohesive and elegant neighborhood. With an annual HOA fee of $497, residents enjoy a suite of recreational facilities including a clubhouse with fitness center, tennis and pickleball courts, a swimming pool, plus RV and boat parking. The convenience of a boat ramp and marina just a short walk away highlights the appeal of this location, making it easy to enjoy lake activities without the commute. Utility-wise, the lot is equipped with underground electric and access to high-speed internet at the road. A well and septic system will be needed, giving you full control over these critical home elements. Legacy Bay isn't just about the stunning lake views and amenities but also its prime location. Mooresburg offers a peaceful, rural lifestyle with Morristown just 20 minutes away for all your shopping and dining needs. For a change of pace, Knoxville's urban offerings are just an hour's drive, and the tourist attractions of Dollywood and the scenic beauty of Asheville, NC are easily accessible for weekend getaways. This lot in Legacy Bay presents a unique opportunity to build not just a home but a lifestyle in one of Cherokee Lake's most desirable gated communities. Whether it's leisurely lake days, active afternoons on the courts, or simply relaxing by the pool, this is where your new chapter begins.
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 Front, Lake Access
View: Mountain(s), Water
Lot Features
Lot Information:
Lot: Sloped, Wooded, See Remarks
Lot Size: 1.67 Acres
School Info
Assigned Schools Information:
Cherokee High School, Public District Grades 9-12
Rogersville Middle School, Public District Grades 6-8
Mooresburg Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Slate Hill Rd to Berry Drive. Enter Legacy Bay gate. Left on Horizon. Right on Serenity. Lot on left across from clubhouse and pool
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
HOA Fees:
Amount: $497
Frequency: Annually
Tax Information:
Annual Amount: $600
Tax Year: 2020
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 Mooresburg, TN.
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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.
Elementary School
5
/10
Mooresburg Elementary School
305 Highway 31
Distance between this listing and this school2.39 miles
Public District Grades PK-5
Middle School
2
/10
Rogersville Middle School
958 E Mckinney Ave
Distance between this listing and this school13.29 miles
Public District Grades 6-8
High School
4
/10
Cherokee High School
2927 Highway 66 S
Distance between this listing and this school10.38 miles
Public District Grades 9-12
Assigned Schools
5
/10
Mooresburg Elementary School
305 Highway 31
Distance between this listing and this school2.39 miles
Public District Grades PK-5
Nearby Schools
5
/10
Russellville Elementary School
5655 Old Russellville Pike
Distance between this listing and this school4.49 miles
Public District Grades PK-5
6
/10
Whitesburg Elementary School
7859 E Andrew Johnson Hwy
Distance between this listing and this school4.83 miles
Public District Grades KG-5
Assigned Schools
2
/10
Rogersville Middle School
958 E Mckinney Ave
Distance between this listing and this school13.29 miles
Public District Grades 6-8
Nearby Schools
6
/10
East Ridge Middle School
6595 Saint Clair Rd
Distance between this listing and this school3.78 miles
Public District Grades 6-8
5
/10
Meadowview Middle School
1623 Meadowview Ln
Distance between this listing and this school7.40 miles
Public District Grades 6-8
Assigned Schools
4
/10
Cherokee High School
2927 Highway 66 S
Distance between this listing and this school10.38 miles
Public District Grades 9-12
Nearby Schools
4
/10
Morristown East High School
1 Hurricane Ln
Distance between this listing and this school8.60 miles
Public District Grades 9-12
4
/10
Morristown West High School
1 Trojan Trl
Distance between this listing and this school9.73 miles
The neighbors living near this home have an average income of $43,571. The majority of Mooresburg, TN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5057 Serenity Dr
What is the listing price of this property?
The listing price of 5057 Serenity Dr property is $250,000.
What type of property is this?
The property 5057 Serenity Dr is land located in Mooresburg, Tennessee, 37811.
Is this property for sale now?
Active Listing: 5057 Serenity Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5057 Serenity Dr are: Mooresburg Elementary School: GreatSchools Rating 5/10Rogersville Middle School: GreatSchools Rating 2/10Cherokee High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $600 (source: MLS/based on county public records data).
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This home is located at 5057 Serenity Dr in Mooresburg, TN and zip code 37811. This home sits on a 1.67 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $250,000.
Mooresburg, TN housing market in April 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The inventory of homes for sale in Mooresburg, TN between March 2024 and April 2024 increased by 33.3%. In April 2024 median list price was $275,000 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.
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