138 Madison Drive, Dunlap, TN 37327
$1,700,000
Property Type:
Land
Lot Size (sq. ft.):
6,534,000
Status:
Closed
Current Price:
$1,700,000
List Date:
8/21/2022
Last Modified:
9/12/2024
Listing Details MLS# 1361211
General Property Information
- Lot Size Acres
- 150
- Lot Size Square Feet
- 6534000
- Association YN
- No
- Senior Community YN
- No
- View YN
- Yes
- Waterfront YN
- No
- Flood Zone YN
- Partial
- List Price/Acre
- 11666.67
- Sold Price/Acre
- 11333.33
- Lot Size Dimensions
- No
Property Features
Community Features:
None
Listing Terms:
Cash; Conventional
Lot Features:
Irregular Lot; Lake on Lot; Partially Cleared; Pond on Lot; Rural; Will Not Divide; Wooded
Other Structures:
Storage; Workshop
Possession:
Negotiable
Possible Use:
Commercial; Single Family
Road Frontage Type:
Private Road
Special Listing Conditions:
Investor
Utilities:
None
View:
Other
Lock Box Type:
None
Contract Information
- Listing Contract Date
- 2022-08-21
- Auction YN
- No
- Property Sub Type
- Farm
- Office Exclusive
- No
Location Tax and Legal
- Street Number
- 138
- Street Name
- Madison
- Street Suffix
- Drive
- County
- Sequatchie
- State
- TN
- Postal Code
- 37327
- Subdivision Name
- Old Madison Ests
Remarks and Miscellaneous
- Public Remarks
- Offered is a wonderful opportunity to acquire 150 +/- acres wide open for an amazing new development opportunity OR keep as a Golf Course and Country Club w/ improvements. Acreage is nestled in the scenic valley base of the TN Cumberland Plateau right on the Bledsoe & Sequatchie County lines within Old Madison Estates conveniently located approx 40 min north of Downtown Chattanooga, TN Msa. Currently, the acreage is being used by owner as golf business. This beautiful acreage within Old Madison Estates combines the peacefulness of the TN Mountains with Panoramic mountain views. Property offered improvements include a clubhouse approx 7,942 sq ft featuring a pro shop, snack bar, event/meeting room that comfortably accommodates 25 guests, and a locker room with showers. Property has two swimming pools, one outdoor approx 70,000 gallon pool and an indoor heated 5ft deep pool and tennis courts. More improvements include an office/flex multi purpose building approx 1536 sq ft & additional warehouse/ storage buildings together totaling approx 6,600 sq ft. Continue as a golf course/ business or subdivide and develop as the possibilities are endless here. Just 45 min to Chattanooga, TN MSA. Chattanooga is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. ***Please note. Golf Carts are NOT included in offered price and must be transacted and sold separately due to arrangement in place with EZ GO golf cart dealer/owner.***Caveat Emptor , let the buyer beware! It is buyers responsibility to complete all due diligence to verify any/all buyer pertinent information including but not limited to zoning use, survey, soil mapping, utilities, permits, covenants / restrictions etc.**Licensee has personal interest in this property.** The ideas for this property are endless!! Call today!
- Directions
- Take TN-111 N to US-127 N/Rankin Ave in Dunlap. Take the exit toward Pikeville from TN-111 N. Follow US-127 N to Madison Dr. Property on left.
Status Change Information
- Major Change Timestamp
- 2023-10-16T18:24:18Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2023-10-16
- Under Contract Date
- 2023-05-12
- Close Date
- 2023-10-13
- Close Price
- 1700000
More Information
License Number Info
- Listing Agent’s State of Licensure
- TN
- Listing Agent’s License Number
- 328449
- Listing Office’s State of Licensure
- TN
- Listing Office’s License Number
- 258777
Historical Information
- Public Historical Remarks 1
- Owner Pays: Will Not Divide.
Location, Tax, and Legal
- Parcel Number
- 030d A 005.00
- Elementary School
- Griffith Elementary School
- Middle Or Junior School
- Sequatchie Middle
- High School
- Sequatchie High
- Tax Annual Amount
- 16814
- Tax Legal Description
- INFORMATION OFFICE*** Multiple Parcels w/ diff legal descriptions
- Deed Book
- 331
- Deed Page
- 80
Community Features
- None
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Irregular Lot
- Yes
- Lake on Lot
- Yes
- Partially Cleared
- Yes
- Pond on Lot
- Yes
- Rural
- Yes
- Will Not Divide
- Yes
- Wooded
- Yes
Other Structures
- Storage
- Yes
- Workshop
- Yes
Possession
- Negotiable
- Yes
Possible Use
- Commercial
- Yes
- Single Family
- Yes
Road Frontage Type
- Private Road
- Yes
Special Listing Conditions
- Investor
- Yes
Utilities
- None
- Yes
View
- Other
- Yes
Lock Box Type
- None
- Yes
Listing Office:
RE/MAX Renaissance Realtors
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.