$225,000
SOLD APR 13, 2026
0.42 Acre
$535,714 Price per Acre
18,295 Sq Ft Lot

Sale Details

Date Sold: April 13, 2026

8% Below List Price

161 on Market

Highlights

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

About This Lot

As of April 2026

Build your dream home on this rare basement lot that comes with a deeded boat slip just a short stroll away. The dock will be shared by only a handful of neighbors, giving you convenient and exclusive lake access. Set within one of East Tennessee's most scenic gated communities, Rarity Bay offers endless amenities: golf, pickleball, tennis, fitness center, pool, walking trails, and a vibrant calendar of social activities. From this homesite, you'll enjoy stunning views of both the lake and surrounding mountains, and the property backs to TVA conservation land—perfect for peaceful walks to the water's edge and shoreline.

Last Agent to Sell the Property

Sam Allen

Allen Realty License #340240 Listed on: 10/01/2025

Last Buyer's Agent

William Vosburg

River Rock Real Estate Group License #381697

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $995

Lot Details

  • 18,295 Sq Ft Lot
  • Lot Dimensions are 161 x 141
  • Lake Front
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Zoning described as Zoned Residential

HOA Fees

  • $96 Monthly HOA Fees

Property Views

  • Lake
  • Seasonal

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078J A 029.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green
  • Access To Lake
  • Pond

Security

  • Security Service
  • Gated Community

Additional Features

  • Clubhouse
  • Security

Property Details

Property Type

Land

Est. Annual Taxes

$995

Lot Details

0.42 Acres

HOA Fees

$96 per month

Listing Details

  • Directions: Rarity Bay is a gated community. You must enter with an agent.
  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.42
  • Lot Size: 161 X 141
  • Road Frontage Type: Paved
  • Subdivision Name: Rarity Bay
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake, Seasonal Mountain View
  • Lot Features: Pond on Lot, Golf Community, Waterfront, Rolling Slope, Lake/Water Access, Rolling
  • Topography: Cleared

Utilities

  • Security: Gated Community
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Recreation Facilities, Golf Course, Lake/Water Access, Boat Ramp, Clubhouse, Security, Tennis Court(s), Pool
  • Association Fee: 1155.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 18295.0
  • Parcel #: 078J A 029.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 994.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2025
Closed on
Apr 9, 2026
Sold by
Lockhart Robert and Lea Christensen Patricia
Bought by
Craig Timothy and Craig Brenda L
Seller's Agent
Sam Allen
Allen Realty
Buyer's Agent
William Vosburg
River Rock Real Estate Group
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Views
41
Current Estimated Value
$244,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,445
Avg. Annual Appreciation
181.83%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Apr 29, 2022
Sold by
Salem Pointe Capital Llc
Bought by
Lockhart Robert J and Lockhart Patricia L
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Brian Kincaid
Keller Williams Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Downard Kenneth A and Downard Kathy J
Bought by
Salem Pointe Capital Llc

Purchase Details

Closed on
Sep 28, 2017
Sold by
Palermo Nancy and Palermo Eugene
Bought by
Downard Kenneth A and Downard Kathy J

Purchase Details

Closed on
Feb 7, 2008
Sold by
Palermo Eugene F
Bought by
Nancy Palermo

Purchase Details

Closed on
Jun 20, 2006
Sold by
Entrust Adm Inc Fbo
Bought by
Palermo Eugene F

Purchase Details

Closed on
May 28, 2003
Bought by
Entrust Adm Inc Fbo Betty F Scullen Ira #2760

Purchase Details

Closed on
Oct 7, 1998
Bought by
Bills Ron Alan and Vines William David
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $225,000 Blue Ridge Title Company
Warranty Deed $225,000 Paramount Land Title
Quit Claim Deed -- None Available
Warranty Deed $85,000 Tellico Title Services Inc
Deed -- --
Deed $259,700 --
Warranty Deed $210,000 --
Warranty Deed $750,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2026 04/13/26 Sold $225,000 +80.0% --
03/11/2026 03/11/26 Pending -- -- --
12/01/2025 12/01/25 For Sale $125,000 -49.0% --
10/01/2025 10/01/25 For Sale $245,000 +8.9% --
04/29/2022 04/29/22 Sold $225,000 -10.0% -- View Prior Sale
10/07/2021 10/07/21 For Sale $249,900 +194.0% --
12/29/2017 12/29/17 Sold $85,000 0.0% -- View Prior Sale
12/29/2017 12/29/17 Sold $85,000 -- -- View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
Source: East Tennessee REALTORS® MLS

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 $995 $56,250 $56,250 --
2024 $854 $56,250 $56,250 --
2023 $854 $56,250 $0 $0
2022 $854 $56,250 $56,250 $0
2021 $854 $56,250 $56,250 $0
2020 $1,014 $56,250 $56,250 $0
2019 $1,014 $56,250 $56,250 $0
2018 $1,014 $56,250 $56,250 $0
2017 $1,014 $56,250 $56,250 $0
2016 $1,046 $56,250 $56,250 $0
2015 $1,046 $56,250 $56,250 $0
2014 $1,046 $56,250 $56,250 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1317139

East Tennessee REALTORS® MLS

APN: 078J-A-029.00

Your Personal Tour Guide

Ask me questions while you tour the home.