A home with a mortgage costs a median of $2,097 per month, but you can rent for a median of just $1,209 monthly. But this retirement community also has plenty to offer. Residents enjoy an active lifestyle with boating, swimming, horseback riding, biking and walking throughout the hills and valleys of East Tennessee. 8595 Pelham Road, Suite 400 #2070 | Greenville, SC 29615-5763 | 843-564-8067. Before constructing a place on the water, check the local codes. Lots are priced from $160,000 to $1 million; Homes are priced from the $700,000s to $3 million+. The content These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. One-Time Checkup with a Financial Advisor, SmartAsset financial advisor matching service, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. A strong sense of community coupled with an abundance of recreational facilities and amenities including a yacht and country club for social activities and dining, recreation and fitness centers, boating and fishing on Tellico Lake, and dozens of social, sports, and community clubs. We cover some of the best retirement communities in the Volunteer State, along with what you can expect. Another Tellico Village option, but this time we trade the mountains for the beautiful lake. Residents will also enjoy a beautiful lakeside pavilion with a grill and ample seating. This retirement community provides an extra friendly atmosphere as it shares its amenities with the wider Bent Creek community. Bottom LineLiving on a lake can offer a wonderful, relaxing lifestyle. Visiting family, old friends, or vacationing to another state will be a breeze! Or, you can exercise with friends. You forgot to mention the imminent threat of earthquakes. Popular clubs include those for water aerobics, yoga, line dancing and tai chi. Units include two bedrooms, two bathrooms and an attached two-car garage. Here are 20 great places to retire on a lake where you can do all of these things. Today we live in NC not far from Jordan Lake. Recently we wrote a story about comparing taxes in Florida verses Tennessee. Meanwhile, the Hermitage and Centennial resale single-family models offer about 1,549 to 2,597 square feet. Just south of Lake Providence is another beautiful Del Webb community, Southern Springs. Common amenities include; a pool, a community center, and a fitness center. Copyright 1996 - 2023. The combination of a small city on a lake has lead many active adults here. Click on a community to view information, photos, homes for sale, and resident reviews. 6 person Hot tub and a sauna! You may be able to throw away your lawnmower, as a professional grounds crew will tend to the lawn and make it look resort-quality all the time. Lake Frederick in the Shenandoah Valley (near Winchester VA) was nominated by Jan Sedaka. Sarasota is located on the Sarasota Bay near the Gulf of Mexico. WindRiver features homes and homesites of the highest quality, complementing the beauty of the natural environment and a lakefront lifestyle you will cherish. Bob, yes, folks should be aware, but ticks and other pests (insects, rodents, arachnids, animals and bad people exist everywhere). Take Kentucky and Tennessee Lakes. Sign up to receive helpful info on homebuying. Tampa is a city of high rises and several skyscrapers and is also known as a beach destination for retirees and tourists. This cookie is set by GDPR Cookie Consent plugin. A typical townhome features 1,545 square feet of living space with a first-floor master suite. Whether you're looking for a new house, condo, townhouse, golf communities, or 55+ communities in Tennessee, we have you covered! But the state-of-the-art health care facilities, affordable cost of living, and terrific retirement communities also make it a great place to spend your freedom years. She described it as 120 acres of pure-blue quiet. Common drawbacks can include the risk of flooding or damage from storms, higher insurance and maintenance costs, and in some instances, limited access to certain amenities or services, says Richard Connelly, a real estate agent with The Connelly Team at Douglas Elliman based in New York, who has experience finding retirees waterfront properties. There are lakes where you can retire that have nothing around them except the occasional camp or cottage. Considering the amenities that come with these communities the price of a home is typically more expensive than buying a house outside of a community. Floridas most populous city is among the fastest-growing places in the U.S. and has attracted 90,000 new residents over the past decade. We have WAY TOO MANY HUMANS here in Southern California; but bugs and other pests are not really a problem compared to other parts of the country. Get access to exclusive & coming soon properties, Each Office Is Independently Owned and Operated 2505 Kingston Pike Knoxville, TN 37919, Cell/Text: 865-696-9002 Sign up! Some homes offer bonus rooms for extra storage or entertaining space. Simply paradise, Lakefront Estates is a 90-acre finely-planned community offering unique water-front living. Klamath Falls, OR. There are about 3,500+ homes with private docks and access to theSacramento-San Joaquin River Delta. Situated on a scenic peninsula overlooking the Great Smoky Mountainswith 10 miles of shoreline along Lake TellicoRarity Bay is ideal for retirees as well as second home and vacation property buyers seeking peaceful Tennessee waterfront living. These detached residences feature two to four bedrooms, two to three bathrooms and two- to three-car garages. Experts | Additionally, the fees you pay each month will help cover a lot of maintenance expenses. So if youre looking for a more activeand aquaticlifestyle, Tennessee has much to offer. A place here could have a great view, though youll need to account for potential storms. Give us a call today to discover what Tellico Lake Home Team can do for you. Consider these affordable and exotic places to launch your retirement abroad. Tennessee has one national forest, 15 state forests, 54 state parks, 253 larger lakes, over 1000 smaller lakes, over 60,000 miles of streams, and some 540,000 incredible lake acres in all! Tennessee, There are no guarantees that working with an adviser will yield positive returns. After living with no state income tax, these folks find it hard to move to a state who will be now taxing their retirement income. We use cookies to collect data to improve our website and user experience. Check out some of our beautiful Tennessee lake homes and properties and contact us whenever you are ready to sit back, relax, have fun, and live the lakefront lifestyle! You can also reside in luxurious homes with most maintenance costs covered by homeowners association (HOA) fees. Here are some fishing spots around Tellico Lake you can go to with your buddies! Pretty much everyone knows most of the folks who live in Florida are transplants from northeastern states. 18 Hole Championship Golf Course - Voted #1 course on the Plateau 2 Swimming Pools (Includes 1 indoor pool) Lakefront Beach and Boardwalk Fishing Pier Full-Service Seasonal Marina Bike . Communities near bodies of water often have higher property values, Comino says. The fee typically covers; a grounds crew which will keep all properties looking like a resort at all times, the upkeep of the pool, gym, tennis courts, roads, and even some major exterior home repairs. Ask our Retirement expert. Under new ownership, Rarity Bay is being continually improved. Lakefront Estates is beautifully landscaped and complimented with underground utilities. WindRiver is a lakefront golf community located minutes outside Knoxville, Tennessee on Tellico Lake. Scroll down Beautiful boating and hiking. Without question, healthcare must be a major point of consideration when you're looking to enjoy your retirement years. Located in Mt. Lake Martin includes many popular attractions, including eagles nests, natural sand beaches, restaurants, camping areas and popular islands. We're glad you asked. If youre still not sure where you want to retire in the Volunteer State, you can check out our study of the. Potential homebuyers can choose from several single-level residencies featuring two bedrooms, two bathrooms and a two-car garage. Low Maintenance / Maintenance Free Communities. Fill out the following form to send a friend information about this item. As a retiree, you may be eligible to audit courses for free. Call Karen Millikan direct atOn the Lake Realty423.519.3258 ext1 to schedule a tour. For easy lake access, the community has its own marina with 38 boat slips and a boat launch. Private Communities Registry, LLC All rights reserved. These include single-family homes with about 1,564 to 1,976 square feet of living space encompassing two bedrooms, two bathrooms and an attached garage. Tellico Village attached homes include two bedrooms, two bathrooms, and an attached two-car garage. Facing a financial squeeze, some retirees are returning to work. Commonly called the "Windy City," Chicago is located along the shore of the gigantic Lake Michigan. You also must take into account the amenities! You can also host events at the clubhouse party room. Think about the advantages and disadvantages for retirees before moving. An old world wine cellar with refrigeration. Residents can enjoy 12,000 acres of space here during their golden years. It features an outdoor patio and pool. Why We Love WindRiver Real Estate If youre a social butterfly, youll find theres always something going on at the clubhouse. Many of our inquires are from Floridians who want to move away from the cities and half way back to the northeast. The community prides itself on providing its residents with a maintenance-free community. Sign in! Homes are typically around $500,000 - $1,500,000 and are absolutely gorgeous. Lakefront Living, On The Lake Realty100 Rarity Bay Parkway, Vonore, TN37885(800) 884-2260, 2023 Lakefront Living International, LLC, Each office independently owned and operated, No one knows Tennessee Lakes better than the people who have lived and played on them for over, Purchasing Tennessee Lakefront property is different than any other real estate. Some are even situated on a golf course or lakefront and promote an active adult lifestyle. You can also pound several walking trails. Price Range: High $300k to mid $400kNumber of Homes: 101Age Restrictions: 55+. How Much Do I Need to Save for Retirement? Income diversification can help you set up a financially secure retirement. Tellico Village is Eastern Tennessee's premier active-adult community for retirees and remote workers of any age who want to enjoy the region's finest collection of resort-style amenities. By choosing just 20 lake towns in this report, it means that we have omitted dozens if not hundreds of other great candidates. This page contains a list of the best lakefront communities in Tennessee. One of the lakefront retirement communities we find that offers a good life is Rarity Bay on Tellico Lake. Nova Scotia, Nunavut, North Carolina, Washington. New Hampshire, Lake Martin near Auburn, Alabama is rated one of the top lakes in the country for fun, recreation, and beauty. Private Communities Registry, LLC All rights reserved. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Avenida Cool Springs, in Franklin, are beautiful apartment homes designed with the active adult in mind. Rarity Bay supports a very active retirement community in Tennessee. Office: 865-675-8326 Toll free 817-215-LAKE We're going to cover these communities below, and explain why they are so popular. While the community's amenities are among the finest anywhere, it is the rare combination of fresh-water lakes and dramatic mountain vistas that imbue this special place with a spirit all its own. While some properties along a shoreline can be pricey, there are reasonable options throughout the country that might be easier on your retirement budget. Before selecting a place, think through your lifestyle plans. Felix Homes is a 1.5% realtor servicing the greater Nashville Tennessee area. More than the tax cost savings, we know theres something magical about Tennessee attracting retirees to lakefront retirement communities. This story was published at an earlier date and has been updated with new information. Juliet, TN, Lake Providence is only about 30 minutes away from Nashville and is probably one of the most sought after 55 and over communities in the Nashville area. Tennessee Copyright 2006-2023 Topretirements.com All Rights Reserved |, 20-great-places-where-you-can-retire-on-a-lake, Affordable Places to Retire on the Waterfront, 5 Big Reasons Why Small Towns Are Great Places to Retire, Site Visit: Our Members Tour Virginia's Cascades at Embrey Mill, Dueling FL Communities: The Villages vs. On Top of the World vs. Solivita, Traditional and Surprising, the 15 Most Popular Adult Communities at Topretirements for 2023, 10 Great Undiscovered Beach Towns for Retirement, Social Security Trustees' Report: SS Fund Will Run Out of Money 1 Year Earlier, Updated Topretirements.com Site Launches April 3. Waterfront property is easy to come by in Cape Coral, where there are more than 400 miles of canals. A financial advisor can provide expert guidance. Unlike most retirement communities, residents at the Tellico Village have access to three large recreational centers. Dominated by the Appalachian Mountains in the east and Gulf Coastal Plains in the west, there are an abundance of lakes in every corner of the state that make it all sparkle.

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