Louisville, TN 37777

$1,900,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 500,069 Status: Closed
Current Price: $1,900,000 List Date: 2/12/2021 Last Modified: 10/18/2023

Description

VERY POSSIBLY THE MOST HIDDEN LAKEFRONT GEM IN ALL OF East Tennessee! Presenting to the public ''Cactus Cove'' for the first time ever on the market. You will find a current campground with over 11 LAKEFRONT ACRES, 12 separate docks, 2 boat ramps, panoramic lake and mountain views, and OVER 1500 FT OF LAKE FRONTAGE! This is an ideal location with multi-million dollar properties surrounding this private sanctuary; from the point of property, you overlook Fort Loudon lake and Carl Cowan park and Northshore Drive/prime West Knoxville properties. While this property is currently used as a campground, there is huge potential for a private and extraordinary executive estate or potentially multiple building sites. Cleared and wooded land combine to make this the dream property. Sellers have

Supplements: estimates to remove items/debris from property for potential buyers with acceptable offer. Current tenants on property are on month-to-month leases and can vacate with 30 day notice. You'll also find patches of cacti throughout the property, waterfront gazebo area, fishing area, original barn & cabin, and for a final fantastic surprise, around 18 peacocks that roam the property freely as well as deer and Osprey. Call today for more information or your personal tour. Listing agent(s) required at showings - please do not drive on property without a scheduled appointment.

More Information MLS# 1142723

Location, Tax & Legal Info

Area: Blount County - 28 City/County Code: County Total Tax: 4786.24

Contract Info

Auction Y/N: No Sold Price: $1,900,000 Current Price: $1,900,000 Status: Closed Listing Contract Date: 2021-02-11

General Property Description

Lot Dimensions: 1439x361x1672 IRR Acres: 11.48 Acre Source: Survey Restrictions: No Property Status: N/A

Remarks & Misc

Directions: From Knoxville, take Hwy 129-S towards Maryville; turn right onto Topside Road; right onto Louisville Road; keep right onto Old Lowes Ferry Road; right onto Lowes Ferry Road at stop sign; in approximately 1 mile, turn left onto Cactus Cove Road to sign at entrance; right side of property on point and into cove is Cactus Cove. DO NOT ENTER WITHOUT APPT. LISTING AGENT(S) TO BE PRESENT FOR ALL SHOWINGS. TENANTS/WILD LIFE ON PROPERTY CURRENTLY. Public Remarks: VERY POSSIBLY THE MOST HIDDEN LAKEFRONT GEM IN ALL OF East Tennessee! Presenting to the public ''Cactus Cove'' for the first time ever on the market. You will find a current campground with over 11 LAKEFRONT ACRES, 12 separate docks, 2 boat ramps, panoramic lake and mountain views, and OVER 1500 FT OF LAKE FRONTAGE! This is an ideal location with multi-million dollar properties surrounding this private sanctuary; from the point of property, you overlook Fort Loudon lake and Carl Cowan park and Northshore Drive/prime West Knoxville properties. While this property is currently used as a campground, there is huge potential for a private and extraordinary executive estate or potentially multiple building sites. Cleared and wooded land combine to make this the dream property. Sellers have

Property Sub-Type

Lake Front: 1 Recreational: 1 Single Family: 1 Waterfront Access: 1

Topography

Level: 1 Partially Cleared: 1 Rolling: 1

Road Frontage

County: 1 Other: 1

Sale Options

Will Not Divide: 1

Improvements

Boat Dock: 1 Boat Ramp: 1 Septic Installed: 1 Utilities on Site: 1

Lot Description

Irregular Lot: 1 Lake/Water Access: 1 Level: 1 Private: 1 Waterfront: 1 Wooded: 1

Easements

TVA Flowage Easement: 1

View

Lake View: 1 Lakefront: 1 Mountain View: 1 Wooded: 1

Community Amenities

Boat Ramp: 1 Dock: 1 Lake/Water Access: 1 Picnic/Barbeque Area: 1 Other: 1

Documents on File

Survey: 1 Other: 1

Developmnt Potential

Commercial: 1 Recreational: 1 Single Family: 1

Utilities Available

Cable TV: 1 Electricity: 1 Telephone: 1 Water: 1

Zoning

Zoned Other: 1 Zoned Residential: 1

Present Structures

Barn: 1 Other: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Showing Instructions

See Agent Instructns: 1

Location Tax Legal Info

State: TN Zip Code: 37777 Parcel Number: 015 001.00

Status Change Info

Status Change Timestamp: 2021-03-02 Purchase Contract Date: 2021-02-19 Close Date: 2021-03-01 Close Price: 1900000

Property Features

Property Sub-Type: Lake Front; Recreational; Single Family Topography: Partially Cleared; Rolling Road Frontage: Other Sale Options: Will Not Divide Improvements: Boat Ramp; Septic Installed; Utilities on Site Community Amenities: Boat Ramp; Dock Lot Description: Irregular Lot; Private; Waterfront; Wooded View: Lake View; Mountain View; Wooded Developmnt Potential: Commercial; Recreational; Single Family Utilities Available: Cable TV; Electricity Zoning: Zoned Other; Zoned Residential New Financing: Conventional; New Loan
Listing Office: The Dwight Price Group Realty Executives Associates
Office Phone: 865-888-7653
Last Updated: October - 18 - 2023
Louisville, TN 37777- MLS# 1142723
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.