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BJ Can Help You Purchase This Property
Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find that perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!
Laurel Loop, Monterey, 38574
Priced At: $25,000
Property Details for ID: 1320443
MLS Status: Active
Property Type: Land
On Market Date: 2025-10-31T16:01:55Z
Subdivision: Cumberland Cove
Public Remarks: If you've been dreaming of living in the woods—but not completely off the grid—this 1.24 acre lot in beautiful Cumberland Lakes is the perfect balance of privacy and convenience. Nestled among mature trees, this lot backs onto a quiet cove of the community lake, offering peaceful water views and a private, natural setting. This subdivision is a deed-restricted community designed to protect your investment and property values. Residents of Cumberland Lakes enjoy access to two private boat ramps, three scenic common parks, picnic areas, and a community clubhouse. Nature lovers will appreciate the running rockslide creek and an abundance of local wildlife, perfect for those who enjoy hiking or biking along the 25 miles of paved roads that wind through this secluded, peaceful retreat. Electric is available, making it easy to start building your dream home in this tranquil Tennessee paradise. Lot has been surveyed- a copy is in the MLS documents.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
Exterior Features
Property Details
Utilities
Financing
HOA Information
HOA Fee: 175
HOA Freq: Yearly
HOA Contact: Cumberland Lakes POA
Community Features
Outbuildings
Up Coming Open Houses
Directions
From I-40, take Exit 300 to Monterey, head north on S Holly St (US-70N E), right on E Stratton Ave (US-70N) , left onto S Chestnut St (TN-164), right onto E Commercial Ave (TN-62). right onto Cumberland Lakes Dr., right on Laurel Loop. Lot is on the right, sign in yard
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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. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!