Market Report - Eastern Tennessee

No state income tax, beautiful Eastern Tennessee lakes and four mild seasons. Will Tennessee become the best state to retire in the Southeast? After talking with our colleagues this week, the level of interest in their communities has surged since December. Take a look at what's happening:

WATERSIDE AT NORRIS LAKE:

Imagine the greenest emerald you’ve ever seen. This is close to the color of the water at 34,000 acre Norris Lake TN. To us, this is the prettiest lake we've boated on in Eastern Tennessee. A lake with hardly any homes built along the shoreline making you feel like you’re boating in a nature preserve. When we discovered Waterside at Norris Lake, we set off on a quest to find more waterfront communities on Norris Lake TN.

We discovered more but by far, Waterside at Norris Lake is in the best location, has the best amenities and provides the best value. Just 20 minutes from the best of Knoxville TN, this gated Eastern Tennessee lake community has a 450 slip marina, dockside cafe, community clubhouse, swimming pool, jacuzzi, fitness center and is debt free. To me, the condominiums are a bargain priced in the mid $200k’s featuring high ceilings, big floor plans, upgraded kitchens and fantastic lake views. Buyer’s purchasing a condo are guaranteed the option of having a boat slip. If you are looking for vacation or second home in the best small towns in Eastern Tennessee, make it a point to see Waterside at Norris Lake and ask about being our guest at Waterside. 

LONG BRANCH LAKES : 

Tennessee horse whisperer Mike Branch is bringing his amazing teaching gift to the Eastern Tennessee equestrian community for two special events at the end of March and April. Mike Branch established the Wild Mustang School in Tennessee. He teaches clinics about basic horsemanship to more advance trainings while speaking the ‘horse’s language’. He is fascinating to watch. Long Branch Lakes has a top notch equestrian facility in Spencer Tennessee connecting to Bledsoe Creek State Park. Between the two Bill Dance Signature fishing lakes and the equestrian center, it’s hard to decide which community amenity is the best. 


When you combine 30 miles of riding trails across the Cumberland Plateau, we'd have to say if you’re a horse lover or want to be, their equestrian amenity trumps the beautiful Bill Dance Signature lakes. Long Branch Lakes has invested millions of dollars in their Equestrian Center with horse trail access to Bledsoe Creek State Park. Whether you’re looking for timber frame home, low maintenance condo or to build your dream home, Long Branch Lakes has something for everyone searching to live in the low cost of living state of Tennessee. Long Branch Lakes still offers developer financing on homesites. Ask us to send you more information about the Eastern Tennessee equestrian community Long Branch Lakes and the horse whisperer, Mike Branch.

FAIRFIELD GLADE:

How many places can you find beautiful homes under $200k in a master planned community rich with social environments? I can tell you from my research, not many. Fairfield Glade is located in The Golf Capital of Tennessee, just over an hour west of Knoxville. This established 12,500 acre golf community delivers a big bang for the buck when it comes to retirement living including medical care on property. Five golf courses, 12 tennis courts, 4 swimming pools and a state of the art wellness center are just a few of the community’s amenities. Property owner’s are able to pay for amenities they are interested in a la carte instead of paying for mandatory full golf memberships.

Nearby Cookeville TN could be on the list of best mountain towns in Tennessee. Art galleries, delicious cuisine and outstanding live performances are reasons to scoot off into town after a day of playing hard at Fairfield Glade. The Fairfield Ladies Club has more than 700 active members providing plenty of opportunities to connect and make new friends. Fairfield Glade is close to the highway providing quick access to northern and southern states, an easy gateway to visit family and friends. If you would like to check out the new homes being built at Fairfield Glade or see a list of re-sales, contact me for more information. Our contact who lives at Fairfield Glade can share with you why it’s smart to retire at Fairfield Glade besides the fact that Tennessee has no state income tax. Contact us and we will connect to two of you.

TELLICO VILLAGE: 

On November 11, 2011, we wrote a story about the Tellico Village POA financial concerns. Since then, the Tellico Village Property Owner’s Association has done an excellent job of informing residents about the employee changes, Board Member changes and the new financial budget goals. We are pleased to read the property owner reviews mailed back to us from Tellico Village property owner’s reflecting their overall satisfaction.

Tellico Village celebrates 25 years in 2012 on Tellico Lake. This non-gated Eastern Tennessee lake community has three championship golf courses, a yacht club and new Village Club wellness center. If you have not seen this clean 16,000 acre Tennessee lake, you will be impressed when you see the Great Smoky Mountains off in the distance too. Residents of Tellico Village can quickly access the best of Knoxville via the highways or through public transportation. Our colleague who lives at Tellico Village can quickly share with you the latest news about the POA and add your home desires to her watch list. Contact us and we will connect the two of you.

RARITY BAY:

We've taken some heat from colleagues about supporting Rarity Bay. While the media continues to lynch real estate developer Michael Ross as if he was the sharpest pin bursting the real estate bubble, underneath the scuttlebutt lies one of his finest master pieces which continues to shine named Rarity Bay. An established master planned community on Tellico Lake, all lifestyle amenities in place. Amenities include golf, an equestrian center, tennis courts, swimming pool, walking trails and more. There are currently 7 homes under construction, two of them over 6,000 square feet being built by green builders. About 400 homes have been built of the 1,600 planned. In addition to the lakefront McMansion’s, Rarity Bay has affordable turn-key new home/lot packages starting at $399k and new condominiums starting at $159k. Many overlook Tellico Lake and/or the golf course. POA fees are less than $52 a month. We can share with you which homes come with a transferrable club membership.

The heartbeat of Rarity, the Rarity Bay Women’s Club are very busy girls. They have 290 members. From arranging Super Bowl parties to tournaments, concerts on the lawn to group day excursions to enjoy the best of Knoxville, there are plenty of social activities to participate in at Rarity Bay. See beyond the threatening clouds as we have and get an inside glimpse at this friendly Eastern Tennessee lake community worth considering for retirement in a state with no state income tax. Eventually the dust will settle causing prices to rise. We're happy to share our ‘hot list’ of desirable Rarity Bay properties. 

For a quick reply, write us at info@communityfinder.com or call us toll free at 866.384.1799