Looking for an inexpensive lakefront lot? This 0.62 acre Cherokee Lakefront lot in Legacy Bay is available for only $48,000. This lot is partially cleared and has a gentle slope from the road down to the water's edge. This lot will not have year round water but it does have gorgeous views! Legacy Bay is a gated community on Cherokee Lake offering residents a clubhouse, boat ramp, marina, swimming pool, tennis court and picnic pavilion. Subdivision allows site built homes only with a minimum of 1600 sq ft. Underground electric, cable, & high speed internet at road; well and septic needed. HOA fees $496/year. This is a gated community; please call an agent to schedule an appointment. Lot is listed at 1/2 of tax appraised value--don't miss out on this one!