Have lived in other parts of the country since I graduated from UTK, but have heard this area mentioned three different times in just the past few months. The chairman of one of the boards I sit on for a Seattle based company retired in Rarity Bay in late 2019. The CEO of another company I am associated with (interestingly, it is a real estate investment fund) also just bought an existing house on the lake in Rarity Bay for planned retirement. Based on the pictures, it looks like an amazing peninsula. And then I was on a flight to Miami from Atlanta and the person sitting next to me lived in Tellico Village. They all obviously spoke very highly of Tellico Lake and the area. Although I grew up in East Tennessee, I do not ever remember venturing down to that area.
All of this to answer your question...we are at that stage in life where we are likely going to get back to East Tennessee and thought I would ask by chance any of you have a good feel for what is going on in that general Rarity Bay/Tellico area that you cannot get from "google" as someone suggested above.
Tellico lake is beautiful. Much better water (but colder) and scenery than Ft Loudon. From Wind River, you are only 15 minutes or so to Maryville, which has really sprung to life over the past decade. There are a few really good restaurants there. And, it's only another 30 to the Smokies -- hiking, wildlife, etc aplenty.
There are basically no children in any of those communities. I have a couple of patients who live in them, and they have nobody to play with in their neighborhood. This may not be an issue for you. If it is, I can give you more info on area schools.
If you are after golf, make sure you also look at Tennessee National. Best course around, also on the water, also with no dock rights, but it sits on the other side of the dam, on the TN River. It also has a better clubhouse, nicer pool, and some very high-end homes. It's the most expensive membership, as well.
You might want to keep distance to amenities in mind, and this may be more important for your wife. Farragut/Turkey Creek has plenty of dining, grocery, and shopping options. It's a bit of a hike from Rarity Bay and Tellico (about 40"). More like 20" from Wind River. Loudon and Lenoir City have basic stuff, but really no great places to eat, get groceries, or shop. 321 in Lenoir City has developed with your basic chains, Food City & Ingles, etc. Google maps will demonstrate.
There's not really any nightlife in Loudon Co, if that's your thing. Not much in Farragut either, for that matter, save nicer restaurant bars, a couple brew pubs, and Water Into Wine in Farragut.
Oh, one other note: there's an awesome trail system that runs along the bank of Lake Tellico from near the dam, all the way to Vonore.
http://www.outdoorknoxville.com/places/trails/south/easeast-lakeshore-trail
It's not well known, but a great spot to walk, run, or take dogs.
Let me know if you need more help.