172 River Drive, Dunlap, TN 37327 (MLS# 1335888)

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

Overview

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 ... (Read more)

Listing Details MLS# 1335888

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

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

Contract Information

Start Showing Date: 2021-05-14
Listing Contract Date: 2021-05-13
Auction YN: No
Property Sub Type: Farm
Office Exclusive: No

Location Tax and Legal

Street Number: 172
Street Name: River
Street Suffix: Drive
County: Sequatchie
State: TN
Postal Code: 37327
Subdivision Name: None

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

Major Change Timestamp: 2022-03-01T02:27:03Z
Major Change Type: Status Change
Price Change Timestamp: 2021-05-14T14:15:28Z
Status Change Timestamp: 2022-02-28
Under Contract Date: 2021-08-20
Close Date: 2022-02-25
Close Price: 1700000

More Information

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

Historical Information

Public Historical Remarks 1: Owner Pays: Will Divide, Will Not Divide. HOA Fee: N/A.

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

Community Features

Curbs: Yes

Current Use

Agricultural: Yes

Exterior Features

Rain Gutters: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner May Carry: Yes

Lot Features

Cleared: Yes
Level: Yes
Partially Cleared: Yes
Rectangular Lot: Yes
Rural: Yes
Sloped: Yes
Split Possible: Yes
Will Not Divide: Yes
Other: Yes

Other Structures

None: Yes

Possession

Close Of Escrow: Yes

Possible Use

Single Family: Yes

Road Frontage Type

Private Road: Yes

Road Surface Type

Gravel: Yes
Paved: Yes

Special Listing Conditions

Investor: Yes

Utilities

Electricity Available: Yes
Water Available: Yes

View

Creek/Stream: Yes
Other: Yes

Water Source

Public: Yes

Lock Box Type

None: Yes

Listing Office: George Hamilton Real Estate and Management Co

Last Updated: September - 11 - 2024

Information deemed reliable but not guaranteed.