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Public Remarks: AFM Real Estate is a pleased to present the FDIC Lakefront property in Hamilton County, Tennessee. This rare 787+/- acre property contains approximately 5,000 feet of lake frontage on Chickamauga Lake in the Tennessee River System. Chickamauga Lake is approximately 60 miles long and contains over 800 miles of beautiful shoreline. FDIC is located approximately 30 minutes drive from Chattanooga, the outdoor hub of the US South. One of the fastest growing cities in the US South, Chattanooga's location between the Appalachian Mountains and Cumberland Plateau place the area in one of the most scenic areas in the region. Chattanooga has a revitalized downtown and riverfront area, with dining, entertainment, art, and cultural attractions. The area is home to major industry including automotive, manufacturing, food and beverage, healthcare, insurance, corporate headquarters, and of course tourism. The quality of life and proximity to recreation make this area desirable. The property is located a few minutes' drive of Dayton, Tennessee which contains all the shopping and necessities of daily life. FDIC contains +/-1,300 feet of paved road frontage along Aslinger Road and a 60-foot wide easement from the adjoining Channel Point Subdivision on the southeast side of the property. Electricity and telephone are available at the frontage and lines have been established to the waterfront to service a recreation area. The tract has miles of well established internal roads, including roads from the pavement to the waterfront. The property contains various ages of mature pine and hardwood timber in a beautiful setting and the property's ridgetops allow long range views of the lake and the surrounding valleys. The tract is home to abundant wildlife including both game and non-game species. The site contains a dock and language in the deed allows for water-use facilities. Chicamauga is a TVA lake and the seller makes no guarantees as to any approvals for lake use, the purchaser should contact TVA regarding specific information for permits for lake access. The lake, natural beauty, and location of this tract provide multiple opportunities for a purchaser to create something amazing on this rare property.
From the intersection of HWY 20 and Black Oak Ridge Rd take Black Oak Ridge Rd 3.6 miles continue on Aslinger Road 0.9 miles and entrance is on the left.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
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