$1,700,000
$1,850,000
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235.4 Acres Lot
SOLD DATE : 02/25/2022
Key Details
Sold Price $1,700,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1335888
Sold Date 02/25/22
Lot Size 235.400 Acres
Acres 235.4
Lot Dimensions 235
Property Sub-Type Farm
Source Greater Chattanooga REALTORS®
Property Description
A rare opportunity is being presented for the individual or entity looking for a truly magnificent piece of real estate in southeastern Tennessee. Being offered for sale is 235 acers nestled in the heart of the Sequatchie Valley in Dunlap, TN, which offers spectacular sunrises cresting over Walden's Ridge and sunsets fading behind the Cumberland Plateau. The property comes by its name Riverbend Hills honestly, as it has 1 ½ miles of the Sequatchie River meandering along its north and western border. This property is highly suitable for a single occupancy estate, small equestrian community or full scale development. Originally designed for a 93 home community, this property is a developer's dream as it already has an impressive amount of infrastructure in place. *See ''more'' A paved split entrance accesses the property and county road spec gravel roads ready for asphalt provide all necessary access throughout the property. Additional infrastructure includes a 6 inch water line main feeding throughout the property, fire hydrants, electrical boxes and conduit ready to feed underground utilities, storm water drainage and all necessary dirt work. A full development plat and supporting engineering is available. An additional 10 acres and home can also be purchased for $305,000. Contact one of the listing agents for your private tour.
*All information is deemed accurate, but Buyer is responsible for verifying all pertinent information
Location
State TN
County Sequatchie
Area 235.4
Exterior
Exterior Feature Rain Gutters
Community Features Curbs
Utilities Available Electricity Available, Water Available
View Creek/Stream, Other
Garage No
Building
Lot Description Cleared, Level, Rectangular Lot, Rural, Sloped, Split Possible, Other, Partially Cleared, Will Not Divide
Faces From the intersection of State Highway 111 and US 127, travel north on 127 for 2.8 miles and turn right onto Wade Johnson Road. Turn left onto River Drive and keep right. Sign on the property. From US 40, take the Crossville exit onto Miller Avenue (392). Take 127 south toward Pikeville/Dunlap for approximately 46 miles. Turn Left onto Wade Johnson Road, left onto River Drive and keep right to property.
Water Public
Additional Building None
Schools
Elementary Schools Griffith Elementary School
Middle Schools Sequatchie Middle
High Schools Sequatchie High
Others
Senior Community No
Tax ID 031 006.00 000
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Investor
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