$120,000
About this home
Discover the perfect place to build your dream home in the prestigious gated community of Legacy Bay on Cherokee Lake. Located at 5043 Serenity Drive, this beautiful lakefront homesite offers the privacy and tranquility of a protected cove while still providing direct access to one of East Tennessee's most sought-after lakes. The shoreline is currently wooded, giving the future owner the opportunity to selectively clear the property and create their own custom lakefront setting while preserving as much natural beauty and privacy as they desire. One of the biggest steps toward building has already been completed, with the septic permit already approved, making it even easier to begin planning your new home. Whether you're looking for a full-time residence or a peaceful weekend retreat, this property provides an outstanding opportunity to create exactly what you've envisioned. Legacy Bay is known for its well-maintained gated entrance, upscale homes, and exceptional community amenities, including a clubhouse, swimming pool, fitness center, tennis and pickleball courts, marina, boat ramp, and community boat storage, all designed to help you enjoy the Cherokee Lake lifestyle to its fullest. Underground utilities are available at the road, and the community is conveniently located within easy driving distance of Morristown, Rogersville, Knoxville, and the Great Smoky Mountains. If you've been searching for an affordable lakefront lot where you can build exactly what you want, this is an opportunity you won't want to miss.
Property details
- MLS
- East Tennessee REALTORS® MLS
- MLS #
- 1350830
- Property type
- Land
- Subdivision
- Legacy Bay
- Status
- Active
- Days on market
- 56
- On market date
- August 6, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.46 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 177
- Student:teacher ratio
- 14.8:1
- District
- Hawkins County
- Enrollment
- 518
- Student:teacher ratio
- 15.7:1
- District
- Hamblen County
- Enrollment
- 1,612
- Student:teacher ratio
- 18.7:1
- District
- Hamblen County
Walkability
Blended score for Mooresburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Mooresburg, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 30 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.