ST111. Big View. Easy Access. Owner Finance $9500 down $199,500

Lake Home For Sale

Welcome to ST111. Located only five miles from the Airport, these lots offer very easy access. As you exit FM2011 onto the private lake road, you'll breathe a sigh of relief seeing the Lake Cherokee sign as it seems to instantly reduce anxiety. Travel the beautiful tree lined road for a half-mile to reach this oasis of serenity. You are on the quiet end of Lake Cherokee, an ideal location to disconnect from a hectic life and surround yourself with God’s creations. Whether it’s trees, animals, birds, or water - being with nature feeds the spirit.

The house on ST111 is appox 1750 sq.ft., a 2 bedroom with a living room with nice brick fireplace and a large laundry/pantry area. The kitchen area is a blank slate. There is a large room lakeside that could be converted into bedrooms or maybe a screened porch. This is a project house, but it does have a good metal roof and with some work it could be used until you build your new modern home. An advantage of having this existing home is it allows you to keep a RV on site as a temporary accessory dwelling without any special permits.

Roadside, there is a lumber shed and a nice flat area on the hill that's a great spot for a big shop. Lakeside, the terrain gently slopes making it easy to navigate to the lake. The old growth Oaks provide great shade and nature lovers will love the creek area with its dense population of Cypress Trees.
ST111 has canal frontage and some lake frontage. The is a boat slip in canal were previous owner kept a fishing boat. It's only a short boat ride on Mohawk, the boat road that follows the Tiawichi Creek path though Old Smith Lake into ski water where you will find the famous Bikini Island.
We are a private community of like-minded neighbors seeking the solitude offered at the water's edge. Skiing, fishing and sailing are only a few of the water sports available to residents and their families. Boaters pass slowly down the boat lanes that etch out paths between neighbors' homes, motoring toward the ski water as they set out for a day on the lake. After a fun day, enjoy a sunset cruise before you dock at The Cherokee Club for an evening of dining and visiting with the fine folks of the community. Lake Cherokee is an amazing place to live, some say the best place ever. Making memories here with family and friends is priceless. You are buying a lifestyle, not just a property! Come see for yourself.
Offering easy qualifying owner financing terms with a competitive fixed rate note. $199,500. $9500 down. $1000 Closing. $1360 monthly. You will be responsible for the Cherokee Water Company transfer fees $3500 for new folks and $1500 for existing shareholders. You can own this place in a matter of days!
Please note: If you acquire ST111, we can also discuss price and terms on the adjacent acre lot, ST112. It has a great place to build high on a bluff overlooking the creek and lake, It's next to a designated "park lot" that will remain native - it provides an abundance of privacy and wilderness.
Rumor has it that the Smith Lake Club House was located on this hill before the creation of Lake Cherokee.

I'll also entertain trades for other local property, up or down.

ST110 is also available for $265,000

Shown by appointment only.