Looking for luxury homes on Norris Lake? You've probably never seen a premier gated lakefront community in Tennessee quite like this one! The Peninsula in Lafollette, TN offers incredible beauty and serenity.
The Peninsula on Norris Lake
It's of little wonder why this small lakefront community built on 450 acres of exhilarating perfection is the crown jewel of Norris Lake, Tennessee. The town of Lafollette, TN may be small but this waterfront development offers unparalleled views of mountains and lake for those who seek a comfortable and peaceful lifestyle. The Chuck Swan Wildlife Management Area surround and naturally protect the Peninsula with acres of protected unspoiled forests and miles of shoreline.
Today, the Peninsula is maturing and the vision of Henry Materna (owner and developer) is coming true. A string of custom designed lake homes have become a showcase on Norris Lake. Although the majority of homes at this lake community average around 4,500+ sq ft or more the minimum square footage to build is 2,900 sq ft. No condominiums or rental programs are allowed. Thus, helping preserve the integrity and increasing value of homes over time. Covenants and restrictions are in place to protect this valuable investment.
Lake Homes for Sale
The Peninsula offers fabulous lake homes with lake lots that vary in size from 0.6 acres to 1.3 acres and 150 ft to 250 ft of lake frontage. Amenities include private security gate, paved roads, electricity, city water, fiber optic cable, mail center and boat launch ramp. Homeowner's fee is $500/year. If you are new to the area, there are 5 restaurants nearby with 2 accessible by boat on the water. There is also a golf course nearby. Outdoor recreational activities include swimming, fishing, boating, wake-boarding, water skiing, jet skiing, hiking, camping and golfing to name a few.
| Property Description | BDRMS | BATHS | SQ FT | SUBDIVISION | LIST PRICE | MLS ID |
|---|---|---|---|---|---|---|
| 201 Crown Jewel Lane Lafollette TN | 6.0 | 6.0 | 13,340 | The Peninsula | $11,997,000.00 | 1234565 |
Lake Lots for Sale
Dockable waterfront lake lots are now available for purchase at the Peninsula. Don't miss out on this rare opportunity with limited availability. You can now own premier lakefront property that is incredibly affordable in one of the most desirable areas of Norris Lake in East Tennessee. Prices range from low $189K+ and up. Lots Pointe 1, 3, 4, 5, 7, 8, 9, 30, 31 and 32 has received TVA approval years ago and can build to the 1035 elevation. This is a $50K-$80K endeavor for each lot. For a full graphic description view the master-plan at the Peninsula.
| Property Description | Lot Size | SUBDIVISION | LIST PRICE | MLS ID |
|---|---|---|---|---|
| 1 Crown Point Lafollette TN | 1.20 | The Peninsula | $1,150,000.00 | 1263549 |
Still haven't found what you're looking for? Build your dream vacation home with lake lots for sale at the Peninsula on Norris Lake. Be sure to check out our FREE Norris Lake Home Search. You give us your request and we will do the research for you. No obligation to purchase.
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