Chickamauga Lakefront House Brings $481,250 At Auction

  • Friday, October 9, 2015

A lakefront residence at 2127 Clematis Dr. on Lake Chickamauga sold at auction on Thursday night for $481,250.

The winning bid was from Mr. and Mrs. Aaron Wilburn.

Henry Glascock of John Dixon and Associates earlier said of the property, "The residence is located in the exclusive Fairview lakefront subdivision which is convenient to area shopping, employment and educational facilities. The lot is located on the south bank of Fairview Harbor on the Chickamauga Lake Reservoir of the Tennessee River. Lakefront residences in the immediate and expanded area have sold for over two million dollars and the area is in high demand.

"Views from the property are spectacular. The property is located on the west bank of the Tennessee River which is an advantage in summer months as late afternoon sun is to the rear. Further, the property abounds with mature hardwoods, resulting in a good deal of shade and an extremely relaxed setting. Morning sunrises, as noted, are magnificent. Fairview Harbor, and 2127 Clematis Drive, have year-round deep water frontage.

"Included with the residence and lot is partial ownership of an adjoining community lot. This property is shared by the owner of 2127 Clematis, as well as three other Fairview subdivision lot owners. The purpose of this community lot was for clustered water use facilities but each dock is individually owned and maintained by the various community lot owners. The water use facility for 2127 Clematis is located adjacent to its northern lakefront and is a natural extension of the lot. Included with a multi-slip dock is a concrete patio with ample room for grilling and a small storage building.

"The residence was built in 1964 by a well-known local contractor. The structure was built with well above average attention to detail and it is in good condition. Interior rooms include an open living room with a fireplace and a kitchen that opens into the dining room. There are three bedrooms on the main level. The master bedroom has its own full bath and a spacious closet. A full bath in the hallway is shared by the two bedrooms. The basement is finished and features a full bath, a bar and fireplace and has ground level access to the patio and backyard. The residence also has a large covered deck that faces the lake and many views of the lake are available throughout the home. The structure has an attached car port and a basement workshop with garage door access to the outside. According to tax records, the structure consists of 3,373 square feet.

"The purpose of this auction is to settle an estate. While the property is not being offered on an absolute basis, the owners are extremely motivated to sell and will accept any reasonable offer. The result is an opportunity to own a lakefront home in a very high value neighborhood at the price you set."

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