What a great opportunity to own a Lakefront property on beautiful Cherokee Lake. This lot is larger than most at 2.47 acres and has direct access to the lake via a private cove. Being just a little over an hour from Knoxville, this property's location would make a great place for a second home, vacation rental, or full time residence. There is abundant wildlife in this subdivision as it was once a private nature preserve. This lot is located in the esteemed gated subdivision of Chelaque Estates. Subdivision allows for site built homes only with a minimum of 1400 sq ft. Electric, cable, and high speed internet at the road; Subdivision amenities include a Clubhouse, picnic pavilion, boat ramp and private marina. The water level is controlled by TN River Authority and is typically high in the spring and summer and then they lower it during the fall and winter months. There is a great build site location close to the end of the cul-de-sac. From here you will have a great view of the Lake once you clear the build site. If you love fishing, boating, and enjoying being out in nature then you will absolutely love this property for your new home.