$1,599,000
$151K PRICE DROP

Estimated payment $8,859/month

Total Views 4,830
4 Beds
3 Baths
3,940 Sq Ft
$406 Price per Sq Ft

Highlights

  • Lake Front
  • Docks
  • Fitness Center
  • Boat Ramp
  • Golf Course Community
  • Gated Community

About This Home

Lakefront Living at Its Finest — Your Private Oasis on Tellico Lake

Welcome to a rare opportunity for lakefront living in the exclusive gated community of Rarity Bay. This thoughtfully designed home, built by renowned legacy builder Heartwood Homes, offers timeless architecture and quality craftsmanship. Impeccably maintained, it's ready for the next owner to personalize and transform it into a true masterpiece.

The main level features a spacious open floor plan with a large great room and fireplace, a generously sized kitchen, and a primary suite with direct access to a convenient laundry room. There's also a versatile study that can easily serve as a fourth bedroom, plus a bright and cheerful sunroom—perfect for enjoying your morning coffee with peaceful views of the lake. An oversized 2.5-car garage provides plenty of space for vehicles and storage.

The lower level is designed for entertaining and guest comfort, offering a large den, two additional bedrooms, a full bath, and a hobby or exercise room. There's also 672 square feet of unfinished space—ideal for storage or future expansion to suit your lifestyle needs.

Step outside to your private dock, located in a serene and quiet area of Tellico Lake—ideal for recreational boats and equipped with a jet ski lift.

As an added bonus, this property includes a full golf membership to Rarity Bay's championship golf course—valued at $30,000 and widely regarded as one of the most scenic in the South.

Experience the good life on Tellico Lake. Come discover the beauty, serenity, and luxury of Rarity Bay—where your dream home awaits.

Listing Agent

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Lake Front
  • Landscaped Professionally
  • Private Lot
  • Lot Has A Rolling Slope
  • Rain Sensor Irrigation System

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 3,940 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Breakfast Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Docks
  • Dock Permitted
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Property Available on 7/29/25
  • Assessor Parcel Number 078H A 018.00

Community Details

Overview

  • Rarity Bay Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,813

Year Built

Built in 2002

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Directions: From Knoxville driving I-75s to exit 72, continue on highway 72 for 13.3 miles to entrance of Rarity Bay. Left onto Rarity Bay Parkway, continue onto Rarity Bay Parkway, left onto Marsh Hawk Drive, Split right, look for the home on your right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2002
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.35
  • Subdivision Name: Rarity Bay
  • Architectural Style: Other
  • Property Attached Yn: No
  • Structure Type: Basement Ranch
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2450.0
  • General Property Description:SqFt - Down Lvl: 1490.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Siding:Stone3: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Lot Description:Golf Community: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Dining Area:Breakfast Room2: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Siding:Stucco2: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Has Basement: Walkout, Finished, Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Pantry, Breakfast Bar
  • Window Features: Windows - Insulated
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Workshop: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Irrigation System, Prof Landscaped, Dock
  • View: Lake
  • Lot Features: Lake/Water Access, Private, Lakefront, Current Dock Permit on File, Golf Community, Rolling Slope
  • Construction Type: Stucco, Stone, Frame
  • Patio And Porch Features: Porch - Screened, Porch - Enclosed, Porch - Covered, Patio, Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Porch - Enclosed: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.5
  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Garage Faces Side, Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes
  • GarageParking Garage Faces Side: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer, Septic Tank
  • Security: Gated Community, Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Natural Gas, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Swimming Pool, Tennis Courts, Club House, Golf Course
  • Association Fee: 1155.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Tennis Courts: Yes
  • Association Fee Incl:Other20: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 078H A 018.00

Rental Info

  • Available Date: 2025-07-29

Tax Info

  • Tax Annual Amount: 3813.34

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,274 $215,650 $72,500 $143,150
2023 $3,274 $215,650 $0 $0
2022 $3,274 $215,650 $72,500 $143,150
2021 $3,274 $215,650 $72,500 $143,150
2020 $3,630 $215,650 $72,500 $143,150
2019 $3,630 $201,250 $75,000 $126,250
2018 $3,630 $201,250 $75,000 $126,250
2017 $3,630 $201,250 $75,000 $126,250
2016 $3,888 $209,175 $75,000 $134,175
2015 $3,888 $209,175 $75,000 $134,175
2014 $3,888 $209,175 $75,000 $134,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $1,599,000 -3.1% $406 / Sq Ft
08/28/2025 08/28/25 Price Changed $1,650,000 -5.7% $419 / Sq Ft
07/29/2025 07/29/25 For Sale $1,750,000 -- $444 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $115,000 --
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1309669

East Tennessee REALTORS® MLS

APN: 078H-A-018.00