I spotted this plant a week ago, and was excited to see it again after not being at the property for a couple years.
It is an Indian Pipe Plant
Try this link to read some more about the origin from a Cherokee perspective.
Indian Pipe (Monotropa uniflora), is a plant not a fungus. It belongs to Order Ericales (Heaths). It is also known commonly as Ghost Flower, Corpse Plant, Ghost Pipe, Dutchman's Pipe, Ice Plant, Fairy Smoke, Eyebright, Convulsion Weed, and Fit Root.
Indian Pipe is a unique herbaceous plant, easily spotted by it's waxy-white color. Sometimes it can be pinkish colored. Indian Pipe lacks chlorophyll and thus does not use photosynthesis. Without the need to capture sunlight with leaves, Indian Pipe is morphologically reduced, having no branches and vestigial leaves that are reduced to membranous fleshy scales. It is a perennial plant which can reach 10 inches in height. Blooms first appear in mid July and continue into late August. The number of flower parts may vary but there is only a single flower on each stem. The flowers droop down towards the ground at first later becoming erect as the fruit matures. The fruit contains extremely small seeds.