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$199,000
Est. payment /mo
0.8 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 256251
HOA Fees $825/Semi-Annually
HOA Y/N Yes
Annual Tax Amount $1,059
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Residential
Property Description
Discover Lot 55 at Ripshin Lake—an extraordinary .80-acre lakefront homesite offering rare access to one of East Tennessee's scenic and storied private lake communities. At over 3,500 feet elevation in the Roan Highlands and surrounded by the Cherokee National Forest, this lakefront parcel delivers unmatched natural beauty, crisp mountain air, and year-round recreational potential in an environment designed for serenity and stewardship. Ripshin Lake, established in 1958, is a private, spring-fed lake with a legacy of conservation and shared community values. As a member of the Ripshin Lake Corporation, ownership includes your private lot and equal shares in the corporation's protected land and lake resources. This structure has sustained the integrity of the lake and its surroundings for nearly 70 years. Expansion memberships like Lot 55 are rarely offered, with only five newly developed lakeside parcels available in this limited release. The setting is ideal for a custom seasonal retreat or nature-focused getaway. Enjoy private lake access, panoramic water and mountain views, and community values rooted in preservation, privacy and outdoor appreciation. Recent capital improvements to the lake's dam and infrastructure ensure safe, long-term enjoyment under today's rigorous environmental regulations—a rarity among high-elevation lakes in the Southeast. A $63,000 equity membership is required and may be financed over a 5-year period. With fishing, hiking, kayaking and peaceful solitude at your doorstep, Lot 55 offers a rare chance to build in harmony with nature in one of the Appalachian Highlands' treasured hidden gems.
Location
State TN
County Johnson
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, Septic Needed
Water Not Connected
Schools
Elementary Schools Tn
High Schools Out Of Area
Others
Tax ID 0101014B A 02400 000
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
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