Walnut Bend Drive lot: 27R Auction Property: List price may not reflect final sales price. List price is starting bid on the property and is non-reflective of value. Auction Ends November 10th at 3PM. Check out this +/- 0.99 acre lot is located on the main channel of Cherokee Lake in a private gated community surrounded by newer executive-style homes and beautiful mountain scenery. Located on a peninsula just above water level, the property offers gorgeous views, an easy building area, and plenty of privacy with woods surrounding the lot. The property also backs up to Tennessee state land. The lot is approved for septic and has fiber internet available. The community offers a dock and boat launch nearby. The HOA dues are approximately $550 per year and include light restrictions, including a 1, 600 sqft minimum home size. A great opportunity to build your lakefront home in a peaceful rural setting on Cherokee Lake.