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.
Active
$125,000
5043 Serenity Dr, Mooresburg, TN 37811
--beds
0baths
1.46Acres
Land
Built in ----
1.46 Acres Lot
$-- Zestimate®
$--/sqft
$39/mo HOA
What's special
Lakefront homesiteShoreline is currently wooded
- 28 days
- 236
- 11
Zillow last checked:
Listing updated:
Listed by:
Bruce Hull 865-207-6859,
Lake Homes Realty 866-525-3466
Source: East Tennessee Realtors,MLS#: 1350830
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- On waterfront: Yes
- Waterfront features: Waterfront, Lake/Water Access
- Frontage type: Lakefront
Lot
- Size: 1.46 Acres
- Topography: Partially Cleared
Details
- Parcel number: 141N C 003.00
- Zoning description: Zoned Residential
Community & HOA
Community
- Security: Gated Community
- Subdivision: Legacy Bay
HOA
- HOA fee: $39 monthly
Location
- Region: Mooresburg
Financial & listing details
- Tax assessed value: $47,200
- Annual tax amount: $301
- Date on market: 8/6/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $125,000+52.4% |
Source: | ||
| 11/29/2024 | Sold | $82,000-18% |
Source: | ||
| 11/7/2024 | Pending sale | $100,000 |
Source: | ||
| 7/9/2024 | Listed for sale | $100,000+12.4% |
Source: | ||
| 7/1/2024 | Listing removed | -- |
Source: | ||
| 3/18/2024 | Listed for sale | $89,000 |
Source: | ||
| 2/29/2024 | Pending sale | $89,000 |
Source: | ||
| 11/17/2023 | Listed for sale | $89,000 |
Source: | ||
| 10/1/2023 | Listing removed | -- |
Source: | ||
| 8/29/2023 | Price change | $89,000-10.6% |
Source: | ||
| 3/28/2023 | Listed for sale | $99,500+4.8% |
Source: | ||
| 7/28/2021 | Listing removed | -- |
Source: Lakeway Area AOR Report a problem | ||
| 5/27/2021 | Price change | $94,900-5% |
Source: Lakeway Area AOR #600517 Report a problem | ||
| 2/19/2021 | Listed for sale | $99,900-33.4% |
Source: Lakeway Area AOR #600517 Report a problem | ||
| 7/29/2005 | Sold | $149,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $301 | $11,800 |
| 2024 | $301 +9.9% | $11,800 |
| 2023 | $274 +0.3% | $11,800 |
| 2022 | $273 | $11,800 |
| 2021 | -- | $11,800 -43.8% |
| 2020 | $532 | $21,000 |
| 2019 | $532 | $21,000 |
| 2018 | $532 0% | $21,000 |
| 2017 | $532 | $21,000 |
| 2016 | $532 +2.8% | $21,000 |
| 2015 | $518 -45.4% | $21,000 -45.4% |
| 2014 | $948 +5.1% | $38,475 |
| 2013 | $902 -0.2% | $38,475 |
| 2012 | $904 +0.2% | $38,475 |
| 2011 | $902 | $38,475 |
| 2010 | -- | $38,475 |
| 2009 | $1,041 +3.6% | $38,475 |
| 2008 | $1,004 | $38,475 |
| 2007 | $1,004 +10.6% | $38,475 |
| 2006 | $908 -11.9% | $38,475 |
| 2005 | $1,031 | $38,475 |
Find assessor info on the county website








