TELLICO LAKE IN TENNESSEE

Lake History - Tellico Dam and Tellico Lake are part of an extension of the Fort Loudon project. The dam diverts water from the Little Tennessee River to Fort Loudon Lake rather than creating electricity. Construction began March 7, 1967 and the filling of the reservoir started on November 29, 1976. During construction, a new species of fish, the Snail Darter, was discovered. Construction was halted until the species was found in other places such as Tennessee, Georgia and Alabama. The dam was completed in 1979 and is located 1 mile south of Fort Loudon Dam. It is 129 feet high and 3238 feet long. The cost of the completed project came in around $141,000,000. The Dam created a navigational waterway up the Little Tennessee River and offers access to barges heading up the river. Tellico and Fort Loudon lakes are connected by a canal thus making a lock unnecessary. Such a canal creates the potential for limitless long distance cruising - making it possible to boat to 21 states, the Gulf of Mexico or the Great Lakes. Tellico Lake consists of 15,860 acres of surface, 373 miles of shoreline and a 2627 square mile watershed. It is located 30 minutes southwest of Knoxville and only minutes from Maryville and Lenoir City.

Lake Front Homes

Tellico Lake has the best views of the Great Smoky Mountains and 75% of the land around the lake is protected by the Tennessee Valley Authority - that makes for some quiet peaceful coves for swimming, boating. fishing or just relaxing.There are several developments on both sides of Tellico Lake with the 357 miles of shoreline. On the west side would be Rarity Bay, Kahite, Legacy Shores and Tellico Village. Along the east side there are several communities including the WindRiver Lake and Golf Community, Foothills Pointe, Tellico Harbor, Harbour Place, Morganton Landing and Tuckaway Cove.WindRiver offer both yacht docking, golf and award winning dining.

Championship Golf Courses

Tellico Village has three of the private championship golf courses - Toqua, Tanasi, and The Links at Kahite. Rarity Bay has a country club type facility and championship golf course.WindRiver offer both yacht docking, golf and award winning dining.

NO State Income Tax

Tennessee’s tax laws are getting more favorable every year. The state does not tax individual wage income earned by its residents. The gift tax was repealed January 2012. The estate tax was repealed January 2016. Now, the only tax left is the Hall tax and it will be repealed January 2022. Thereby, making the state more friendly to business and helping retirees to feel more financially secure. KIPLINGER rated Tennessee as the fifth best state to retire in 2018. This was based on financial factors including cost of living, tax burden and affordability of healthcare. USNEWS: Tennessee is the top state for fiscal stability. It’s followed by Florida, South Dakota, North Carolina and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.

Information on Tellico Living

FERGUSON REALTORS
800-747-0713 - 865-690-1300

Click for E-Mail Link
Tennessee Real Estate License # 15429

Tellico Online Resources