Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

TBD will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before November 24th, 2025.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS", without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS", without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!

Tellico Lakefront Home | 207 Chickasaw Lane Loudon, TN 37774 ONLINE ONLY REAL ESTATE AUCTION Stunning Tellico Lakefront Home in Tommotley Coves BIDDING BEGINS TO CLOSE: Wednesday, October 22nd at 12:00PM Noon (ET) OPEN HOUSE: Monday, October 20th from 2:00PM-4:00PM (ET) 150'+/- Lake Frontage with Covered Dock Tellico Village Exceptional 3,964+/- SF lakefront retreat in the prestigious Tommotley Coves Subdivision of Tellico Village, offering 150+/- feet of pristine lake frontage on a beautifully wooded 0.65+/- acre lot. This quality-built home features 4 bedroom & 4 bathrooms with premium finishes and spectacular lake frontage. Waterfront Paradise Covered boat dock with single slip, boat lift, and expansive swim deck for endless water recreation 150+/- feet of lake frontage providing privacy and direct water access Naturally landscaped and wooded lot creating a serene, private setting Large rear deck spanning the back of the home for outdoor entertaining Main Level Elegance with 2,342+/- SF Open concept floor plan maximizes entertaining flow, featuring wood flooring throughout the foyer, den, and kitchen. The formal living and dining areas with carpet provide elegant spaces for special occasions. Gourmet Kitchen Excellence Eat-in kitchen with impressive double island design, including one with bar seating KraftMaid cabinets featuring soft-close doors and drawers paired with granite counters Convenient pantry for ample storage Open to den with gas fireplace and dry bar, plus huge picture window showcasing lake vistas Luxurious Master Suite Spacious master bedroom with en-suite bathroom featuring dual vanities, jetted garden tub, and walk-in shower Dual walk-in closets providing exceptional storage Large guest bedroom and guest bathroom complete the main level Lower Level Living with 1,622+/- SF Full basement offers additional living space with living room featuring gas fireplace, large storage room or office, two bedrooms (one with en-suite bathroom and walk-in closet, one with walk-in closet), and guest bathroom with linen closet. Carpet throughout basement and tile in all bathrooms provide comfort and durability. Premium Features Peachtree windows throughout for quality and energy efficiency 2-car attached garage with convenient laundry/mudroom access Lovely rear patio area for ground-level outdoor relaxation Tellico Village Lifestyle This remarkable home combines luxury lakefront living with the amenities and lifestyle of prestigious Tellico Village, offering the perfect retreat for water enthusiasts and those seeking quality mountain lake living. PLEASE NOTE: The antique light fixtures in various parts of the house have been sold and removed. No new fixtures will be installed. SALE CONDUCTED IN CONJUNCTION WITH Ronnie Colyer Auction & Realty | 423-506-0990 Chris Purcell | ReMax Preferred Properties | 865-694-8100 Loudon County Parcel / Tax ID: 042E A 011.00 Yearly Property Taxes: $3,745.70 Loudon County only Lot Size: 0.65+/- acre Year Built: 1998