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$194,000
Est. payment /mo
0.77 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 256249
HOA Fees $825/Semi-Annually
HOA Y/N Yes
Annual Tax Amount $1,052
Lot Size 0.770 Acres
Acres 0.77
Property Sub-Type Residential
Property Description
Own a piece of rare Tennessee mountain lakefront with Lot 53 at Ripshin Lake, a stunning .77-acre parcel offering private water access, panoramic views and direct proximity to the Appalachian Trail. At 3,510 feet in the Roan Highlands and bordered by the Cherokee National Forest, Ripshin Lake is among the highest-elevation private lakes in the eastern United States—prized for its natural beauty, serenity, and legacy of preservation. Lot 53 is part of a limited release of just five lakeside parcels within this longstanding private community. Ownership includes your individual lot and an equal share in Ripshin Lake Corporation, which manages and protects the lake and surrounding lands. A $63,000 equity membership is required to join and may be financed over a 5-year period, making this a lifestyle and legacy investment. As part of Ripshin Lake Corporation, ownership includes the private lot plus an equal share of corporate stock—providing collective ownership of the lake, surrounding land and shared amenities. This unique structure supports the community's legacy of conservation, recreation and multi-generational enjoyment. Utility infrastructure is in place, with underground electrical conduit installed by Mountain Electric, offering convenience and readiness for future construction. The community has also recently completed dam and infrastructure enhancements to ensure compliance with modern environmental standards—supporting safe and sustainable enjoyment for decades to come. Established in 1958, Ripshin Lake is home to a small, intentional community that values stewardship, outdoor recreation and privacy. Members enjoy fishing, kayaking and direct access to nearby hiking, including trails that connect to the Appalachian Trail. Lot 53 is your opportunity to build a custom retreat in one of the region's protected and picturesque enclaves.
Location
State TN
County Carter
Area 24-Tn
Interior
Fireplace No
Exterior
Utilities Available Underground Utilities
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 02600 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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