Wake up to breathtaking lake views and enjoy the ease of waterfront living in this spacious 3,100+ sq ft villa located in the gated community of Rarity Bay. From the moment you step inside, you'll appreciate the stunning views of Tellico Lake that can be enjoyed from multiple rooms throughout the home, as well as from the tiled sunroom, expansive deck, screened patio, and backyard. Designed with convenience in mind, the main level features the primary suite, open living areas, and a well-appointed kitchen that has recently been updated with all-new stainless steel appliances, quartz countertops, pull-out drawers, and a second pantry located in the utility room for exceptional storage and functionality. The walk-out lower level creates the perfect setup for guests, extended family, or entertaining, complete with its own living area, second kitchen, two bedrooms, full bath, and direct access to a screened patio. From there, step into the backyard and enjoy the gentle walk to the water's edge while taking in the peaceful lake setting. One of the standout features of this property is the ability to keep your boat just a short walk from your back door, with covered boat slips conveniently located nearby. Whether it's a morning cruise, an afternoon on the water, or an evening sunset ride, lake access couldn't be more convenient. Located within Rarity Bay, residents enjoy a gated setting with access to golf, dining, fitness facilities, pickleball, swimming, social events, walking trails, and more than 10 miles of shoreline along Tellico Lake. To make the opportunity even more attractive, the home includes a full golf membership valued at $30,000. Lakefront properties offering this much space, spectacular lake views, this level of convenience, updated features, and this price point are becoming increasingly difficult to find.