Eastern Tennesseehas an allure to retirees because the it has NO state income tax, a moderate four season climate and for most – they can be back to where they retired from within a day’s drive. Rarity knew they were in a desirable region and over the coming decade or two, Eastern Tennessee would become even better well known as more Baby Boomers looked for a quality place to retire and relocate. Where Rarity misjudged was how fast the buyers were coming as Baby Boomers started to retire in 2008. Rarity got ahead of themselves in development by opening up 9 communities rather than sticking with a core of 3 to 5 developments.
Golf & Lake Communities in East Tennessee
Tellico Villageis a 20 year in the making non-gated, master planned community situated along the shores of Lake Tellico, on 5,000 acres wrapped around the 16,000 acre Tellico Lake. There are over 6,750 residents who have come from all over the U.S. Tellico Village, originally developed by Cooper Development 20 years ago, is a friendly and welcoming community where residents can enjoy social clubs and activities such as woodworking to book studies. Home to three pay-as-you-play golf courses, a yacht and marina club with restaurant and pro shop, a clubhouse, a fitness center, indoor and outdoor pools. Fishing, boating and other water recreational activity is ideal on Lake Tellico, a 16,000 acre lake. Located within 25 minutes of downtown Knoxville and 30 minutes of McGhee Tyson Airport.
If you are looking for a good quality life on a fiscally minded budget, Tellico Village might be the ideal development for you. This is a "real" community near Knoxville, Tennessee. People have come from every state in the Union to live in Tellico Village and they have been coming for the past 20 years when the property was first developed. There are a multitude of clubs and organizations as a means to get to know the fellow residents of Tellico Village. Started in 1986 by Cooper Development, Tellico Village is a lake community that offers something for everyone. The development is located along Lake Tellico, ideal for fishing, boating and other recreational water activities. Three golf courses to choose from that are "pay as you play"; no membership is required. A yacht and marina club, pro shop, clubhouse, new fitness center, both an indoor and outdoor pool for residents are all here to enjoy. Social clubs from A to Z are established here for residents to socialize and meet one another. As one resident said, "if you come to Tellico Village and do not make friends, well, it's your own darn fault".
Tellico Village leaves pretention at the door and has a very welcoming atmosphere, yet with a level of amenities that appeal to the retirement and second home buyer, Tellico Village is a lake community in Tennessee to consider. People we meet that live here, love it. This is a well established development, all amenities are in place and breaking the bank won't be necessary to buy or build a reasonable home. Homes at Tellico Village can range from $150,000 to well over $1M. The upper bracket homes - these are folks that could have lived in other developments but chose Tellico Village because this is where they wanted to be. For good reason as this is one of the most established, friendly properties we have seen. All in all, Tellico Village offers a high quality life, a great sense of community without the high membership and ongoing fees along Lake Tellico in in Loudon, Tennessee.
Rarity Bayis located on a 960 acre peninsula surrounded by gorgeous Lake Tellico, a lake where the clean cool waters originate from high in the mountains of North Carolina, Lake Tellico a non-polluted lake ideal for fishing enthusiasts. Lake Tellico connects to a lock free canal opening the way to 733 miles of navigable lake shoreline all the way to the Gulf of Mexico. Rarity Bay is designed with French Country Architecture, charming villages and has a warm country feeling. 18 holes of picturesque golf, world class equestrian activities and boating club provides plenty of fun outdoor recreation for residents to enjoy in Tennessee, year round in gentle winter and summer weather. Many homes at Rarity Bay have private docks, while non-waterfront residences still have dock privileges at one of several docking facilities around the peninsula. Private Membership at Rarity Bay includes luxury amenities; an elegant French Country designed Clubhouse with casual and elegant dining, The Swim & Tennis Club, The Equestrian Club and a complete fitness center. These completed amenities are debt free. Rarity Bay has homes for sale in the mid 400K's, home sites from $90K, detached villas from $299K and new French Country luxury condominiums from $199K, all in a gated community setting. Rarity Bay is located in both Monroe & Loudon Counties.
Home Owners Association Dues: $46.91 per month
Rarity Bay Golf Membership (Refundable Deposit): $45,000 reciprocal
Social Membership (Refundable Deposit): $5,000 / Monthly dues $83.75
Wind Riverresident’s enjoy a desirable location plus the community dock system for residents rather than private docks. Wind River offers a higher density community providing a neighborhood feel yet with allowance for parks and green space for residents to enjoy. Rarity residents have created for themselves a deep sense of community, a common thread found in French Country villages abroad. Rarity Pointe is located in Loudon County,
Home Owners Association Dues: $112.50 per month (Villas / Condos have additional fees)
Golf Membership (Refundable Deposit): $65,000 plus monthly dues of $200
Sports Membership (Refundable Deposit): $42,500 plus monthly dues of $100
Social / Yacht Club Membership (Refundable Deposit): $20,000. No Monthly Dues at this time
Below are some additional premier residential subdivision which have golf courses or are located directly on the lake front.
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$112.00 per month (year 2015)
3 - Toqua / Tanasi / The Links at Kahite
None - Pay as you play (discounts for annual bulk play)