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Welcome to Lot 54 at Ripshin Lake"”an extraordinary opportunity to own a lakefront property in one of East Tennessee's most private and pristine mountain lake communities.Set at over 3,500 feet elevation in the scenic Roan Highlands and bordered by the Cherokee National Forest, this 0.88-acre lot offers expansive lake views, direct water access, and a peaceful natural setting just minutes from the Appalachian Trail.As part of Ripshin Lake Corporation, ownership includes the private lot plus an equal share of corporate stock"”providing collective ownership of the lake, surrounding land, and shared amenities. A $63,000 equity membership is required and may be financed over a 10-year period. This unique structure supports the community's legacy of conservation, recreation, and multi-generational enjoyment.Lot 54 is one of only five lakefront properties released in a limited Expansion Membership offering, and it stands out with underground electrical conduit already installed by Mountain Electric"”streamlining your build process.The community recently completed dam and infrastructure upgrades to meet all state and federal compliance standards, ensuring the lake's long-term safety and sustainability.Founded in 1958, Ripshin Lake is one of the highest-elevation private lakes in the eastern U.S., offering four-season beauty and outdoor recreation. Whether you're dreaming of a peaceful fishing retreat, scenic kayaking, or relaxing by the water's edge, Lot 54 provides the perfect setting to create your mountain escape.
| DAYS ON MARKET | 1 | LAST UPDATED | 7/2/2025 |
|---|---|---|---|
| TRACT | Ripshin Lake Corporation | YEAR BUILT | 0 |
| COMMUNITY | 24-TN | COUNTY | Carter |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | TN |
|---|---|
| High School | Out of Area |
| ADDITIONAL DETAILS | |
| AREA | 24-TN |
|---|---|
| HOA DUES | 825 |
| LOT | 0.88 acre(s) |
| LOT DESCRIPTION | Rolling Slope, Waterfront |
| SUBDIVISION | Ripshin Lake Corporation |
| TAXES | 1045.31 |
| UTILITIES | Underground Utilities |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake, Lake Front, Lake Privileges |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jessica Auten, Premier Sotheby's International Realty- Banner Elk, 828-406-2937
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