Bank Foreclosed Property For Sale

Download a pdf file of our current listings of bank owned Property for Sale. These listings are also described below.

Please refer to the 3-digit reference number at the beginning of the listing when making inquires.
Note: Square footage to be verified by purchaser on all descriptions of living space.


001 - 3 bedroom 2 bath home located in the Coker Creek Community nine miles outside Tellico Plains, TN. This 1,755 sq. ft. log home sits on 1.50 acres and is only 6 years old with an open floor plan with a fireplace in the living room. Great views and a separate laundry room are just a couple of the many bonus features. $154,900.

Sonya Harris, Volunteer Federal (423) 253-3535



002 - 0.29 acre corner lot located on Saloli Way in Chatuga Coves, Tellico Village (Lot 6, Block 3). Gently sloping property located near Tellico Lake. $36,000.00 Susan Sloan, Lakeside Realty (865) 755-8448
003 - 0.68 acre corner lot located beside 0.27 acre Tellico Village Common Property on Elohi Way, Mialaquo Point Tellico Village, Loudon, TN (Lot 20, Block 27). Gently sloping property. $18,990.00 Bonnie Hughes, Village Realty (865) 458-3500


004 - 3 bedroom, 1.5 bath home located in Arrowhead Estates just outside of Madisonville, TN. Situated on a 0.69 acre lot. Madisonville City water & gas. Totally remodeled home with partially finished basement. 2,248 sq. feet* of living space. New roof & two car carport. $118,000.00 Susan Saunders, Saunders Realty (423) 442-1975


Bank Property For Sale
005 - 3 bedroom, 3 bath home located at 1244 Lincoln Drive, in established subdivision in Madisonville, TN. Situated on 0.84 acre comprised of two lots. Madisonville City water and gas. Recently painted interior and exterior with partially finished basement and 2 car garage. New gas log fireplace in this 2,400 sq. ft. home. $199,900.00 Dan Watson, Norman Lee Realty (423) 442-3944


006 - 2 bedroom 1 bath home located in the Coker Creek Community five miles outside Tellico Plains, TN. The home is 1,020 sq. ft. with an additional 1,020 sq. ft. unfinished basement. This home sits on 3 acres with a 768 sq. ft. double detached garage. Beautiful views of the mountains makes this a home worthy of consideration. $89,900.

Sonya Harris, Volunteer Federal (423) 253-3535



007 - 2 bedroom 2 Bathroom 1993 single wide mobile home located 7 miles outside Sweetwater TN. Situated on 10 acres of land with a 30x38 double detached garage. This 921 sq. ft. home has beautiful views as it sits on gradually sloping property. $65,000.

David Viar, Volunteer Federal (423) 337-9326




Bank Foreclosed land For Sale
008 - 1.40 acre corner commercial lot (Lot 5) located in Townsend Town Square with 526 total feet of road frontage on Town Square Drive and Highway 73. Property is level and clear and sits next to the Townsend Post Office and near the Townsend Visitor's Center. $190,000.00 Chad Rochelle, Parkside Realty Services (865) 216-6898


The following 5 homesites (009-013) are adjacent to each other on Marsh Hawk Drive in the Rarity Bay Subdivision:
009 - 0.43 acre lake lot in the Rarity Bay Development located on Marsh Hawk Drive. Gently sloping property has good views, underground utilities and TVA dock rights. $165,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
Bank Foreclosed lot For Sale
Bank Foreclosed lots For Sale
010 - 0.42 acre lake lot in the Rarity Bay Development located on Marsh Hawk Drive. Gently sloping property has good views, underground utilities and TVA dock rights. $154,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
011 - 0.50 acre Lot #533 is adjacent to lake lots in the Rarity Bay Development located on Marsh Hawk Drive. Gently sloping property has lake views and underground utilities.$77,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
Bank owned Foreclosed lot For Sale
Bank owned land For Sale
012 - 0.44 acre Lot #534 in the Rarity Bay Development located on Marsh Hawk Drive.Gently sloping property has great views and underground utilities. $55,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
013 - 0.48 acre Lot # 535 in the Rarity Bay Development located on Marsh Hawk Drive. Gently sloping property has great views and underground utilities. $44,000.00 Karen Milikan, On the lake Realty (423) 519-1015


The following 4 homesites are in the Rarity Bay Subdivision:
Bank Foreclosed homes For Sale
014 - 0.49 acre Lot #744 in the Rarity Bay Development located on Song Sparrow Lane. Gently sloping property has lake views and underground utilities. $44,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
015 - 0.46 acre Lot #453 in the Rarity Bay Development located on Rarity Bay Parkway. Gently sloping property has lake and mountain views with underground utilities. $83,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
Bank Foreclosed lot For Sale
Bank Foreclosed Property For Sale at Rarity Bay
016 - 0.48 acre Lot #458 in the Rarity Bay Development located on Rarity Bay Parkway. Gently sloping property has lake and mountain views with underground utilities. $154,000.00 Karen Milikan, On the Lake Realty (423) 519-1015
017 - 0.31 acre Lot #479 in the Rarity Bay Development located on Rarity Bay Parkway. Gently sloping property has lake and mountain views with underground utilities. $110,000.00 Karen Milikan, On the Lake Realty (423) 519-1015


019 - 3 bedroom, 2.5 baths home located on 5.6 acres 3 miles outside Tellico Plains in the Fairview Community. This beautiful 2,459 sq. ft. home is only 6 years old with spacious rooms throughout & a wrap-around porch & deck. A gas fireplace in the living room & a full unfinished basement is just the start. Two car garage on the main floor & a 2 car garage in the basement. The property is level with beautiful views of the mountains. $325,000.00
Sonya Harris, Volunteer Federal (423) 253-3535


020 - 2 bedroom one bath recently remodeled home is situated on 4 acres of land with a pond and is located just 3 miles outside Sweetwater. Two car garage & smokehouse on property. This 1,252 sq. ft. home would make an excellent rental or first home. $130,000.

Rob Rule, Volunteer Federal (423) 337-3737




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