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110 Falls Lane, Spencer, TN 38585

$750,000
  • 110 Falls Lane, Spencer, TN 38585 Main Photo

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Active
LOT SIZE 10.000 acres MLS#1524911
STATUSActive PROPERTY TYPELand - Farm

Property Description

Absolutely breathtaking acreage, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family and friends. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license. Owner will consider owner financing with 30% down, amortized over 30 years with a 7 year balloon payment, interest rate is negotiable.

110 Falls Lane | MLS# 1524911

This land located at 110 Falls Lane, Spencer, TN 38585 is currently listed for sale with an asking price of $750,000. The property has approximately 10.00 Acres. Search Spencer real estate on online.fusion2b.com today.

Property Features

Property Type: Land - Farm
Lot Size: 10.00 Acres
Taxes: $806

Feature Descriptions

Days on Site: 165
Exterior Amenities: Driveway
Lot: Level, Rectangular Lot, Sloped, Wooded, Rural, Brow Lot, Partially Cleared, Will Not Divide
Lot Dimensions: 10 Acres
Parcel #: 068 092.00
Special View Info: Other
Utilities: Electricity Available
Wooded: Yes

Local Schools

High School: Van Buren County High
Middle School: Spencer Middle
Elementary School: Spencer Elementary

Listed By / Shown By

Listed By

Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-362-8333

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,955.09 per month $1,669.17 Principal & Interest $67.17 Property Tax $218.75 Homeowner's Insurance

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