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Tellico Village

112 Chota Center, Loudon, Tennessee 37774

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In Rolling Eastern Tennessee, the Lush Lakeside Community of Tellico Village is Popular with Baby Boomers and Has Wooded Neighborhoods, Three Golf Courses, a Marina and a Wide Range of Home Prices

Large, lush and established, Tellico Village is a master-planned community along the western shore of 15,500-acre Tellico Reservoir (Tellico Lake) in rolling East Tennessee. Although this beautiful development is not age-restricted, it markets itself as a retirement community and has many of the amenities that baby boomers desire.

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Tellico Village started in 1986 after the completion of the Tellico Dam in 1979. Cooper Communities was the original builder, but over the years other developers have left their mark, and home sites are still for sale today. The community sits on 4,600 acres and has 40 miles of shoreline. Nearly 3,400 homes and 6,000 people currently reside here.

Quiet lanes wind their way through low density, thickly wooded neighborhoods. A sense of privacy permeates the community as trees mostly obscure homes from one another. Through the foliage, water views, golf course views and distant Smoky Mountain views create a soothing, scenic tableau.

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Housing stock, which is primarily single family homes with a few town homes, ranges from fairly average needing a little TLC to extraordinary. Many residences are brick ranch ramblers or brick raised ranch ramblers. At the higher end of the price scale, multi-story Colonials, Cape Cods and gorgeous custom homes are more common. The majority of homes sit in the woods, but many others line fairways or the lakefront.

Prices begin in the low-$200,000s. Please verify this with a Realtor as prices may change.

The amenities, some of which require a fee for use, are what many people love most about Tellico Village. Three 18 hole golf courses, the Toqua Championship Golf Course, the Tanasi Championship Golf Course and the Links at Kahite, each has its own practice range and a clubhouse with casual dining. The Chota Recreation Center has tennis courts, a swimming pool and racquetball courts.

The Kahite Activity Center has a swimming pool and a fitness center. The Wellness Center, which covers 27,000 square feet, has two swimming pools, a fitness center and tennis courts. The Tellico Yacht and Country Club, majestic and overlooking the water, has restaurants, boat slips and a full service a marina. In fact, the Yacht Club is the social hub of the community.

Residents also enjoy more than one hundred clubs, groups and organizations. Activities include everything from woodworking and playing bridge to potlucks and trips. Two community shopping centers have the basics, including a food market, a pharmacy, banks, churches, a library and more.

Loudon, just to the west of Tellico Village, is attractive with a small, walkable town core that has a farmers' market, antique stores, ice cream shops and historic buildings. Lenoir, about 7 miles away, has a hospital that is accredited. Knoxville is about 45 minutes to the north via Interstate 75.

Summer temperatures are in the 80s and 90s, and humidity is high. Winters are mild with temperatures in the 40s, 50s and 60s. On average, the area receives 50 inches of rain per year.

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Visit www.tellicovillage.org for more information. Go to tinyurl.com/ydaosf5k for listings.

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Tennessee:

The state's nickname was born in the War of 1812 when a contingent of volunteer soldiers fought valiantly at the Battle of New Orleans. The Volunteer State was the 16th to enter the Union on June 1, 1796. Today, it may be best known as the home of blues and country music. Its largest cities, Memphis and Nashville, have hosted the best in both genres from Muddy Waters and B. B. King to Johnny Cash and Dolly Parton.

Tennessee is only 112 miles wide, but its longitudinal borders stretch from the Appalachian Mountains to the Mississippi River. It contains 41,200 square miles of land and 926 square miles of water. Main land regions include the Blue Ridge, the Appalachian Ridge, the Cumberland Plateau, the Nashville Basin, and the Gulf Coastal Plain. Clingman's Dome, the state's highest point, is in the Blue Ridge. Weather throughout is generally mild. Winter and spring are the rainiest seasons. Hazardous storms are rare.

Farmland spreads over 44% of the state. Beef cattle and calves are top agricultural products. Tennessee's manufacturing industry produces processed foods, transportation equipment, and chemicals. Tourism is also a driving force.

Nashville's Grand Ole Opry began in 1925 as the WSM Barn Dance. It's one of the state's most popular attractions and remains on the record books as the longest running radio show in the U.S. Named after a city in Egypt, Memphis is home to Sun Studio and Elvis Presley's Graceland.

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Stats:

Population - 6,651,218

Persons 65 years old and over - 15%

High school graduates, percent of persons age 25+ - 85%

Bachelor's degree or higher, pct of persons age 25+ - 24%

Persons of Hispanic or Latino origin, percent - 6%

White persons, not Hispanic, percent - 75%

Median household income - $45,219

Median home price - $144,400

Social Security taxed? No

Source: U.S. Census Bureau

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Why are HOA Fees So High in 55+ Communities?

HOA fees (homeowner association fees) come in a wide range, and each 55+ community has a different set of guidelines for determining its HOA fees. Generally, the more amenities, the higher the fee. And often older communities have higher fees because as a development ages, maintenance costs increase. Most communities have bylaws stating how high HOA fees can be raised each year. When looking for a 55+ community, always ask about the fees. How much are they? What do they cover? How many increases have there been in the last 10 years? If the developer or sales staff will not tell you, visit on a Saturday when people are out and about and ask a resident or two about the HOA fees.

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