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Waterfront Villa in Rarity Bay - Priced to Move. At $775,000, opportunities like this are hard to find--especially for a true lakefront property on Tellico Lake, where the majority of lakefront homes are well over $1 million. This 3,100+ sq ft villa offers the perfect blend of comfort and lake living, with a main-level primary suite, open living spaces, and a walk-out lower level featuring a second kitchen, living area, two bedrooms, and full bath--ideal for guests or entertaining. The lower level also features a screened-in patio that opens to a spacious backyard with a gentle slope down to the lake--plus another great spot to relax and take in the views. Enjoy year-round lake views from the tiled sunroom and the deck off the main-level living area, easy access to the water, and covered boat slips within walking distance--giving you the ability to keep your boat right in your backyard. Located in the gated community of Rarity Bay, you'll have access to golf, dining, fitness, pickleball, pool, social events, walking trails, and over 10 miles of shoreline. Includes a full golf membership valued at $30,000. An unbeatable lakefront opportunity at a price point that's hard to come by.
| LAST UPDATED | 4/7/2026 | TRACT | Rarity Bay |
|---|---|---|---|
| YEAR BUILT | 2000 | COMMUNITY | Loudon County - 32 |
| GARAGE SPACES | 2.0 | COUNTY | Loudon County - 32 |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer |
| AREA | Loudon County - 32 |
| BASEMENT | Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Frame, Stone, Synthetic Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central, Electric, Natural Gas |
| HOA DUES | 1212|Annually |
| INTERIOR | Breakfast Bar, Cathedral Ceiling(s), Pantry, Walk-In Closet(s) |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Landscaped, Level, Waterfront |
| PARKING | Garage Door Opener, Attached |
| SEWER | Public Sewer |
| STYLE | Traditional |
| SUBDIVISION | Rarity Bay |
| TAXES | 2045.48 |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front, Lake Privileges, Waterfront Access |
| SATELLITE VIEW |
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The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026. All rights reserved.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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