RV Lots: A Newcomer to the TN Lake Market by Lacey Spear
Press Release
- RV lake lots are a great option for people who want to:
- Move to Kentucky Lake or the Tennessee River
- Buy lake property for a lower price
- Have more flexibility in their lifestyles
If lake homes are popular ones at school, then RV lake lots might seem like the new kid on the block. However, these adaptable second homes are gaining popularity, especially among Tennessee lake enthusiasts. In fact, the Kentucky Lake and Tennessee River region is one of the only areas in the nation that has privately-owned RV lots. Many Kentucky Lake and the Tennessee River residents buy RV lots because they aren’t as pricey as lake homes, provide travel opportunities, and require less maintenance. If this sounds like the lake lifestyle for you, then check out these benefits of owning an RV lake lot!
Why Tennessee Lakes?
Although RVs are certainly not a new concept, they have recently become more popular. Since COVID-19, more people are pursuing remote jobs and want to travel while working. RVs are portable and provide all the amenities of a permanent home, like TVs, spacious kitchens, large beds, and full bathrooms. So, they make the perfect choice for those seeking an adventurous lifestyle while staying close to old comforts.
Specifically, these RV lots have grown in marketability in Tennessee due to the state’s desirable living conditions. Tennessee has no state income tax, and for most RV lots, the annual property tax is only around $300. Lastly, Tennessee is centrally located in the Southeast, providing easy access to thriving cities like Nashville, Atlanta, Greenville, and Charleston. Residents of Kentucky Lake and the Tennessee River can enjoy convenient travel, all while relaxing in the rural lake countryside.
Buying an RV Lot vs. a Lake Home
Although lake homes accrue more investment value, RV lake lots provide more convenience and flexibility. Many premier RV communities—such as White Oak Landing, The Woodlands, Red Oak, and Paradise Landing—do not have HOAs, permitting residents to develop their properties as they wish. Additionally, buying an RV lot allows residents to purchase premier lakefront property for an excellent price. Most basic waterfront lots start around $59,000, and this includes full ownership. Plus, residents won’t have to pay additional fees a lake home would require.
Benefits of Owning an RV Lot on the Lake
If you live on an RV lot on the Tennessee River or Kentucky Lake, you won’t have to miss the comforts of a traditional home. Many of the RV communities provide stellar amenities. Paradise Landing, for example, has water, septic, and electricity, along with central water. Plus, they offer free on-site boat storage, a boat launch, a lakeside park, free internet, and a nearby golf course. And when you drive into the community through the private gate, you will automatically feel safe and at ease.
Purchasing land on the Tennessee River and Lake Kentucky is a decision you will never regret. If you want the flexibility to travel throughout the Southeast while also experiencing lakeside living, a Tennessee RV lot is the ideal place for you.