Tellico Lake Main Channel Homesite with .85 acres located in Rarity Bay on Tellico Lake. DOCKABLE! Incredible value on Tellico Lake with a gentle slope, perfect for a walk-out basement. Beautiful views of Tellico Lake, glimpses of the Smoky Mountains with scenic views of nature across the lake. They aren't making any more waterfront homesites on Tellico Lake! Full Golf Membership valued at $25,000 is included in the purchase price.