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$189,000
Est. payment /mo
0.84 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Ripshin Lake Corporation
MLS Listing ID 260631
HOA Fees $825/Semi-Annually
HOA Y/N Yes
Annual Tax Amount $105,785
Lot Size 0.840 Acres
Acres 0.84
Property Sub-Type Residential
Property Description
Welcome to Lot 52 at Ripshin Lake, an exceptional .84-acre lakefront property in one of East Tennessee's private and pristine mountain lake communities. At over 3,500 feet elevation in the Roan Highlands and bordered by the Cherokee National Forest, this rare offering delivers sweeping lake views, private water access and a peaceful natural setting just minutes from the Appalachian Trail. As part of Ripshin Lake Corporation, ownership includes the private lot and an equal share of corporate stock, providing collective ownership of the lake, surrounding land and common resources. A $63,000 equity membership is required and may be financed over a five-year period. This unique structure supports the community's long-standing commitment to conservation, recreation and multi-generational enjoyment. Only five lakeside lots were included in this limited expansion membership release, and Lot 52 stands out with underground electrical conduit installed by Mountain Electric, making it easier to build your dream retreat. The community recently completed dam and infrastructure upgrades to ensure compliance with state and federal standards, securing long-term lake safety and sustainability. Established in 1958, Ripshin Lake remains one of the highest-elevation private lakes in the eastern U.S., offering year-round beauty and four-season outdoor recreation. Whether you're looking to fish, kayak, hike nearby trails, including the Appalachian Trail, or simply relax in nature, this property is an exceptional canvas for your future mountain getaway.
Location
State TN
County Carter
Community Lake
Area 24-Tn
Interior
Fireplace No
Exterior
Community Features Lake
Waterfront Description Lake,Lake Front,Lake Privileges
View Y/N Yes
Water Access Desc Not Connected
View Mountain(s), Lake
Building
Lot Description Rolling Slope
Sewer Not Connected
Water Not Connected
Schools
Elementary Schools Tn
High Schools Out Of Area
Others
Tax ID 010104B A 02700000
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Listed by Premier Sotheby's International Realty- Banner Elk
NEARBY SCHOOL & BUSINESS
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