172 River Drive, Dunlap, TN 37327
$1,700,000
Property Type:
Land
Lot Size (sq. ft.):
10,254,024
Status:
Closed
Current Price:
$1,700,000
List Date:
8/16/2021
Last Modified:
9/11/2024
Description
A rare opportunity is being presented for the individual or entity looking for a truly magnificent piece of real estate in southeastern Tennessee. Being offered for sale is 235 acers nestled in the heart of the Sequatchie Valley in Dunlap, TN, which offers spectacular sunrises cresting over Walden's Ridge and sunsets fading behind the Cumberland Plateau. The property comes by its name Riverbend Hills honestly, as it has 1 ½ miles of the Sequatchie River meandering along its north and western border. This property is highly suitable for a single occupancy estate, small equestrian community or full scale development. Originally designed for a 93 home community, this property is a developer's dream as it already has an impressive amount of infrastructure in place. *See ''more''
Supplements: A paved split entrance accesses the property and county road spec gravel roads ready for asphalt provide all necessary access throughout the property. Additional infrastructure includes a 6 inch water line main feeding throughout the property, fire hydrants, electrical boxes and conduit ready to feed underground utilities, storm water drainage and all necessary dirt work. A full development plat and supporting engineering is available. An additional 10 acres and home can also be purchased for $305,000. Contact one of the listing agents for your private tour. *All information is deemed accurate, but Buyer is responsible for verifying all pertinent information
More Information MLS# 1335888
Contract Information
Auction YN: No
Start Showing Date: 2021-05-14
Office Exclusive: No
Current Price: $1,700,000
Status: Closed
Listing Contract Date: 2021-05-13
Sold Price: $1,700,000
Property Sub Type: Farm
Location, Tax, and Legal
Parcel Number: 031 006.00 000
Elementary School: Griffith Elementary School
Middle Or Junior School: Sequatchie Middle
High School: Sequatchie High
Tax Annual Amount: 2512.41
Tax Legal Description: see tax map 031 parcel 006.00, SCAP
Deed Book: 328
Deed Page: 350
General Property Information
Lot Size Acres: 235.4
Lot Size Square Feet: 10254024
Lot Size Dimensions: 235
Association YN: No
Senior Community YN: No
View YN: Yes
Waterfront YN: Yes
Flood Zone YN: Partial
List Price/Acre: 7858.96
Sold Price/Acre: 7221.75
Remarks and Miscellaneous
Public Remarks: A rare opportunity is being presented for the individual or entity looking for a truly magnificent piece of real estate in southeastern Tennessee. Being offered for sale is 235 acers nestled in the heart of the Sequatchie Valley in Dunlap, TN, which offers spectacular sunrises cresting over Walden's Ridge and sunsets fading behind the Cumberland Plateau. The property comes by its name Riverbend Hills honestly, as it has 1 ½ miles of the Sequatchie River meandering along its north and western border. This property is highly suitable for a single occupancy estate, small equestrian community or full scale development. Originally designed for a 93 home community, this property is a developer's dream as it already has an impressive amount of infrastructure in place. *See ''more''
Directions: From the intersection of State Highway 111 and US 127, travel north on 127 for 2.8 miles and turn right onto Wade Johnson Road. Turn left onto River Drive and keep right. Sign on the property.
From US 40, take the Crossville exit onto Miller Avenue (392). Take 127 south toward Pikeville/Dunlap for approximately 46 miles. Turn Left onto Wade Johnson Road, left onto River Drive and keep right to property.
Status Change Information
Status Change Timestamp: 2022-02-28
Major Change Timestamp: 2022-03-01T02:27:03Z
Major Change Type: Status Change
Price Change Timestamp: 2021-05-14T14:15:28Z
Under Contract Date: 2021-08-20
Close Date: 2022-02-25
Close Price: 1700000
Community Features
Curbs: 1
Current Use
Agricultural: 1
Exterior Features
Rain Gutters: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Cleared: 1
Level: 1
Partially Cleared: 1
Rectangular Lot: 1
Rural: 1
Sloped: 1
Split Possible: 1
Will Not Divide: 1
Other: 1
Other Structures
None: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Road Frontage Type
Private Road: 1
Road Surface Type
Gravel: 1
Paved: 1
Special Listing Conditions
Investor: 1
Utilities
Electricity Available: 1
Water Available: 1
View
Creek/Stream: 1
Other: 1
Water Source
Public: 1
License Number Info
Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 333828
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 256463
Co-Listing Agent's State of Licensure: TN
Co-Listing Agent's License Number: 217959
Co-Listing Office State of Licensure: TN
Co-Listing Office License Number: 256463
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: Will Divide, Will Not Divide. HOA Fee: N/A.
Location Tax and Legal
Street Number: 172
Street Name: River
Street Suffix: Drive
County: Sequatchie
State: TN
Postal Code: 37327
Subdivision Name: None
Property Features
Community Features: Curbs
Current Use: Agricultural
Exterior Features: Rain Gutters
Listing Terms: Cash; Conventional; Owner May Carry
Lot Features: Cleared; Level; Partially Cleared; Rectangular Lot; Rural; Sloped; Split Possible; Will Not Divide; Other
Other Structures: None
Possession: Close Of Escrow
Possible Use: Single Family
Road Frontage Type: Private Road
Road Surface Type: Gravel; Paved
Special Listing Conditions: Investor
Utilities: Electricity Available; Water Available
View: Creek/Stream; Other
Water Source: Public
Lock Box Type: None
Listing Office:
George Hamilton Real Estate and Management Co
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.