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Cost-of-Living: Meets the National Average

 

Tennessee Retirement Communities

 

Lake Tansi

5050 Shoshone Loop

Crossville, Tennessee 38572

Affordable Lake Living in an Amenity-Rich Resort Community Proves Tempting at Retirement Time

 
Situated on 5,000 wooded acres on the Cumberland Plateau in east central Tennessee, just outside of Crossville, Lake Tansi is an established, amenity-rich resort community.   Built in the 1970s and 1980s, it has 4,000 home sites, 2,500 of which have dwellings on them.  Approximately 3,000 people currently live here.  While not an age-restricted community, Lake Tansi primarily attracts vacation-home owners, empty nesters and retirees (55% of the residents are age 45 or better), and it may be one of the most affordable resort communities around.
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Homes come in all shapes and sizes and can be found on wooded interior lots, by the golf course or along the lake.   Home prices begin at less than $100,000, with lakefront properties available in the $200,000s and $300,000s.   Prices top out in the $400,000s, a range that will fetch an elegant home with a gated entrance, a circular drive, a stamped concrete patio, a 5-car garage and 10 acres.  Home sites are for sale starting at around $6,000 (more for lakefront lots).   HOA fees are $180 per year.  Vacation rentals are also available.   Call the HOA at (800) 600-9913 or visit www.laketansipoa.com for more information.

Lake Tansi attracts buyers not only for the wide selection of housing prices but also for the amenities, which include 4 lakes, a 100-slip marina, a semi-private, 18 hole golf course, a pro shop, a beach, indoor and outdoor pools, a fishing pier, nature trails, tennis courts, a health club, restaurants and numerous clubs.   There is a non-denominational church, and the community has its own police force consisting of 12 full-time and part-time officers, as well as its own emergency response team and a volunteer fire department.  

 

Community residents enjoy golf fees that range from $23 per round for a resident to an annual membership of $1,900 (single), with various other prices for guests, different levels of ownership, frequent-player packages, etc.   Seventeen other golf courses are within 30 miles of Lake Tansi.  The Lake Tansi marina has pontoon boat and fishing boat rentals starting at $50 an hour and slip rentals starting at $350 per year.  Lake Tansi, the actual lake, covers 550-acres and has 10 miles of shoreline.  It is considered one of Tennessee's top fishing lakes.

Downtown Crossville (population 12,000 and growing) is 10 minutes away and has a respectable number of retail outlets, including Wal-Mart, Lowes, Staples, a mall, a 10 screen theater as well as a 175-bed hospital medical facility.   One thing to keep in mind, though, is that Crossville has a high crime rate,, although this does not appear to impact Lake Tansi.

January temperatures average 37 degrees and July sees averages of 88 degrees.  Five to six inches of precipitation fall each month but very little of it is snow.   Humidity averages 68% and the sun shines 205 days of the year.


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