1071 Lakeview Road Rd, Lenoir City, TN 37772

$1,700,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 4,356,000 Status: Closed
Current Price: $1,700,000 List Date: 1/22/2021 Last Modified: 4/15/2021

Description

This farm in Loudon County Tennessee is a rare opportunity to purchase substantial acreage in the fastest growing part of the county. Located just west of the Knox County line, and minutes from Fort Loudon Lake and Lenoir City, the property consists of 214 acres of hardwood forest, pasture and creek bottom. The property has over 3800' of frontage on Muddy Creek, offering a spectacular bottom rich in native flora and fauna. The property has approximately 55 acres of woodland comprised of hardwood timber and pine, and has 115+- acres of pasture. The natural features make this property an exquisite estate, but the tract is also suitable for development. PUD approval would provide for up to 500+ units, or city annexation could provide up to 6.1 units/acre. A sewer main runs along Muddy Creek.

More Information MLS# 1140704

Location, Tax & Legal Info

Area: Loudon County - 32 City/County Code: County Total Tax: 1167

Contract Info

Auction Y/N: No Listing Price: 3500000 Current Price: $1,700,000 Status: Closed Listing Date: 2021-01-20

General Property Description

Lot Dimensions: IRR Acres: 100 Acre Source: Survey Restrictions: No Property Status: N/A

Remarks & Misc

Directions: From Knoxville, TN travel I-40W (approx 18,5 miles) to Watt Road exit 369, travel on Watt Road to US-11 S and Muddy Creek Road (approx 6.3 miles) to Martel Road. Turn right onto Martel, then left onto Lakeview. Property begins just past the railroad tracks on the left. Public Remarks: This farm in Loudon County Tennessee is a rare opportunity to purchase substantial acreage in the fastest growing part of the county. Located just west of the Knox County line, and minutes from Fort Loudon Lake and Lenoir City, the property consists of 214 acres of hardwood forest, pasture and creek bottom. The property has over 3800' of frontage on Muddy Creek, offering a spectacular bottom rich in native flora and fauna. The property has approximately 55 acres of woodland comprised of hardwood timber and pine, and has 115+- acres of pasture. The natural features make this property an exquisite estate, but the tract is also suitable for development. PUD approval would provide for up to 500+ units, or city annexation could provide up to 6.1 units/acre. A sewer main runs along Muddy Creek.

Property Sub-Type

Farm: 1 Recreational: 1 Single Family: 1 Other: 1

Topography

Rolling: 1

Road Access

Public Road: 1

Road Frontage

County: 1 Paved: 1

Sale Options

Fee Simple: 1

Improvements

Fenced: 1 Utilities on Site: 1

Lot Description

Irregular Lot: 1 River: 1 Will Divide: 1 Wooded: 1 Other: 1

Easements

Flood Zone: 1 Other: 1

View

Country Setting: 1 Other: 1

Documents on File

Topography Map: 1

Developmnt Potential

Farm: 1 Recreational: 1 Single Family: 1 Subdivision: 1

Utilities Available

Cable TV: 1 Electricity: 1 Gas: 1 Sewer: 1 Telephone: 1 Water: 1

Zoning

Zoned Agricultural: 1

Present Structures

Storage Building: 1 Utility Building: 1

Undeveloped

Cultivated: 1 Fenced - Partial: 1 Rail Line: 1 Rail Siding: 1 Other: 1

New Financing

Call Listing Agent: 1 Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 1071 Street Name: Lakeview Road St Suffix: Rd State/Province: TN Zip Code: 37772 PIN #: 016 374.00 Geo Lat: 35.806594 Geo Lon: -84.233194

Status Change Info

Status Change Date: 2021-04-15 Under Contract Date: 2021-01-27 Sold Date: 2021-04-14 Sold Price: $1,700,000

Property Features

Property Sub-Type: Farm; Recreational; Single Family; Other Topography: Rolling Road Frontage: County; Paved Road Access: Public Road Sale Options: Fee Simple Improvements: Fenced; Utilities on Site Easements: Flood Zone; Other Lot Description: Irregular Lot; River; Will Divide; Wooded; Other View: Country Setting; Other Documents on File: Topography Map Developmnt Potential: Farm; Recreational; Single Family; Subdivision Utilities Available: Cable TV; Electricity; Gas; Sewer; Telephone; Water Zoning: Zoned Agricultural Present Structures: Storage Building; Utility Building Undeveloped: Cultivated; Fenced - Partial; Rail Line; Rail Siding; Other New Financing: Call Listing Agent; Cash; Conventional
Listing Office: National Land Realty
Last Updated: April - 15 - 2021
1071 Lakeview Road Rd, Lenoir City, TN 37772- MLS# 1140704
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