RARE FIND! This lakefront retreat on Lake Loudon has been COMPLETELY RENOVATED with a Craftsman design and is nestled on 2.47 flat acres with no HOA in a private, peaceful cove. This home was completely transformed down to the studs in 2022, with every major system replaced, including electrical, plumbing, roof, Trane HVAC, septic, and water softener system. Structural upgrades were made to support a new roofline and thoughtful addition, making this essentially a brand-new home. In 2024, a spacious 22x15 screened porch with a tongue-and-groove ceiling and a large open deck were added to maximize outdoor living. A 20x20 stamped concrete fire pit area, new dock decking, rip rap shoreline, and a new ramp were completed to further enjoy the lake and views. All work was fully permitted, and the craftsmanship throughout reflects both quality and thoughtful design. Inside, the open floor plan creates a seamless flow between the kitchen, living, and dining areas. The dining room centers around a striking stone fireplace, while the chef's kitchen boasts custom cabinetry, granite countertops, a double oven, eat-in bar, and a walk-in pantry—perfect for entertaining or everyday comfort. The main level features bamboo flooring throughout, a spacious primary suite with a walk-in closet and spa-like en suite, a stylish half bath ideal for lake days, and a well-designed laundry room complete with a sink, cabinetry, and drop zone. Upstairs includes a bonus room and a second bedroom with two closets (including a walk-in) and a full en suite bath with tiled tub surround and tile flooring. A huge bonus room allows for kids or in-laws to have their own space. The fully finished walk-out basement offers incredible flexibility with a third bedroom, a full bath, and an additional guest room or office with a wet bar—ideal for guests or a separate living space. Outdoor living continues across the expansive 59x8 covered back porch overlooking the lake, as well as an 18x6 covered front porch and an 18x8 covered side porch. For all your storage needs, the property includes four garages and a floored loft above the garage. The flat yard to the water is a rare and coveted feature for lakefront properties and provides easy access to your private dock and boat ramp. The large driveway allows for boat or RV storage space. This is East Tennessee lake living at its finest—private yet convenient, with boat access to popular destinations like Calhoun's, Cheers at Choto, and Neyland Stadium. Whether you're looking for a peaceful year-round home or a luxurious lake getaway, this stunning property truly has it all. Schedule your showing today! ***The neighboring 1.90 acre lot is available to purchase WITH this listing to make 4.37 acres total. That lot also has a covered deck with boat lift. See MLS # 1307684.