Norris Lake View Lot | 102 Cheri Lane – Caryville, TN 37714
ONLINE ONLY REAL ESTATE AUCTION
Norris Lake View Lot — 0.49+/- Acres — On a Cul-de-Sac Road — East Tennessee Paradise
BIDDING BEGINS TO CLOSE:
Friday, June 5th
at 12:00PM – Noon (ET)
Don’t miss this stunning 0.49+/- acre lakeview lot nestled at the end of a quiet cul-de-sac road in one of East Tennessee’s most coveted lake communities. Recently cleared and backing up to a private cove on historic Norris Lake, this remarkable property offers breathtaking mountain views, year-round water access, and stunning sunsets that simply have to be seen to be believed. Deer and other wildlife frequently roam the area, enhancing the peaceful and serene natural setting that makes this slice of East Tennessee paradise so special.
The Property:
The lot features rolling terrain with lake access from the property crossing TVA green space, offering a scenic shoreline experience in a truly natural setting. The property is situated in front of TVA green space, and as such, private docks are not permitted — however, the community amenities more than compensate with exceptional shared water access and recreation options.
Community Features:
- Community dock
- Community boat launch conveniently located between Mountain Lake Marina and Twin Cove Marina
- Pickleball courts
- High-speed internet available (on pole)
- City water
- Perk test completed (see the Important Information section)
- Lake water available year-round
HOA Guidelines:
This property is governed by a homeowners association with the following requirements:
- Minimum home size of 1,000 SF
- HOA approval required for construction
- No campers, single-wide, or modular homes permitted
- Additional community information available at covenorris.org
Location & Lifestyle:
Norris Lake is one of East Tennessee’s premier recreational lakes, celebrated for its crystal-clear water, stunning mountain backdrop, and world-class fishing — including smallmouth bass, largemouth bass, spotted bass, striped bass, white bass, crappie, bluegill, catfish, sauger, and walleye. Whether you’re envisioning a full-time lakeside residence or a weekend retreat surrounded by nature, this lot provides the perfect foundation to bring that vision to life.
The Opportunity:
End-of-cul-de-sac lakeview lot with mountain views, year-round water access, and a recently cleared and perk-tested canvas are a rare find on Norris Lake. Whether you’re ready to build now or simply securing your piece of East Tennessee’s most beloved lake community for the future, this exceptional 0.49+/- acre property is an opportunity not to be missed.
Campbell County Parcel / Tax ID:
127K A 056.00
Yearly Property Taxes:
$48.32 – Campbell County only
Lot Size:
102 x 220 | 0.49 +/- acres
HOA Dues:
$100 per year
Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.
M&M Title will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before July 6th, 2026.
The contract will not be contingent upon financing, inspections or any other contingencies.
Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**
Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.
New Bidders, please Pre-Register, we will have to approve you to Bid!
