Tennessee Foothills Recreational Property

Vacant Land for Sale
Catylist Listing ID: 30270828
Property Subtypes: Agricultural, Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 234 Acres
Sale Price: $700,000
Unit Price: $2,991 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2018

Overview / Comments

This 234+- acre wooded property lies off Reagan Valley just 9 miles from Tellico Plains, Tennessee. The property has varied topography and abundant hardwoods throughout. The tract is accessed off Reagan Valley road, and can also be accessed through the Laurel Mountain Lake private gated community. The tract has good interior dirt roads and has access to power and community water from Laurel Mountain Lake. The property also gives the owner access to Laurel Mountain Lake and its amenities. This is an excellent hunting, recreation and land/timber investment property in East Tennessee with some development potential.

Additional Details

Nearest MSA: Chattanooga
County: Monroe
Taxing Authority: Monroe County
Tax ID/APN: 115 026.09
Zoning: AGRICULTURE
Property Visibility: Good
Largest Nearby Street: Reagan Valley Road
Feet of Frontage: 500
Highway Access: Access to Highway 68 from Reagan Valley Road
Site Description: The property consists of varied topography that is overall gentle, with level areas between hilltops and ridges.
Area Description: The property is conveniently located just off Highway 68 between Madisonville and Tellico Plains, TN.
Zoning Description: ag
Topography: Undulating
Soil Type: Mixed
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,715 12,351
Median Age: 41.68 40.19
Households: 1,495 4,887

Contact

Photograph of Listing Agent

Thomas Krajewski

National Land Realty KAAR CIE Member
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