771 State Highway 58, Lot 2, Georgetown, TN 37336 (MLS# 1382569)

771 State Highway 58, Lot 2, Georgetown, TN 37336

$1,250,000
Property Type: Land Lot Size (sq. ft.): 4,875,671 Status: Closed
Current Price: $1,250,000 List Date: 11/08/2023 Last Modified: 9/10/2024

Overview

Description

111+/- VAST ACRES! Only 1 mile north of the Hamilton / Meigs County line and within 45 minutes of Downtown Chattanooga. Add your creative touch to this property: Build your custom estate, create your ''bucket list'' farm or hunting property, develop to meet the local housing demand, or subdivide and choose your friends as neighbors. Thoughtfully-created, rolling pastures and lush woodlands create an impressive blend on a large scale. Seller has invested in creating a GATED entrance, gravel driveway, and internal roads. Convenient frontage on Hwy 58 and minutes to Hwy 60. Wildlife make their home among the vast landscape including deer, turkeys, rabbits, owls, and upland fowl. Maximize multiple potential home sites, two of which are perched on a ridge and lightly cleared and approved for septic systems. Deer stands throughout the property encourage wildlife habitats. Seeking a water feature? Charming creek runs through the middle of the property, and enjoy being only 10 minutes to Chick ...

Listing Details MLS# 1382569

General Property Information

Lot Size Acres
111.93
Lot Size Square Feet
4875670.8
Lot Size Dimensions
111.93 +/- Acres
Association YN
No
Senior Community YN
No
View YN
Yes
Waterfront YN
No
Flood Zone YN
No
List Price/Acre
12507.82
Sold Price/Acre
11167.69

Property Features

Exterior Features: Driveway Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Level; Partially Cleared; Rectangular Lot; Rural; Will Not Divide; Wooded Other Structures: None Possession: Negotiable Possible Use: Single Family Road Frontage Type: State Road Road Surface Type: Paved Utilities: Cable Available; Electricity Available View: Creek/Stream Lock Box Type: None

Contract Information

Listing Contract Date
2023-11-08
Auction YN
No
Property Sub Type
Farm
Office Exclusive
No

Location Tax and Legal

Street Number
771
Street Name
State Highway 58
Unit Number
Lot 2
County
Meigs
State
TN
Postal Code
37336
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
111+/- VAST ACRES! Only 1 mile north of the Hamilton / Meigs County line and within 45 minutes of Downtown Chattanooga. Add your creative touch to this property: Build your custom estate, create your ''bucket list'' farm or hunting property, develop to meet the local housing demand, or subdivide and choose your friends as neighbors. Thoughtfully-created, rolling pastures and lush woodlands create an impressive blend on a large scale. Seller has invested in creating a GATED entrance, gravel driveway, and internal roads. Convenient frontage on Hwy 58 and minutes to Hwy 60. Wildlife make their home among the vast landscape including deer, turkeys, rabbits, owls, and upland fowl. Maximize multiple potential home sites, two of which are perched on a ridge and lightly cleared and approved for septic systems. Deer stands throughout the property encourage wildlife habitats. Seeking a water feature? Charming creek runs through the middle of the property, and enjoy being only 10 minutes to Chickamauga Lake. Rural, yet not remote: 15 minutes to I-75, Paul Huff Parkway in Cleveland, providing access to big box stores, dining options, hospitals, grocery stores, and interstate access. 20 minutes to Ooltewah and popular Cambridge Square. Less than 45 minutes to Downtown Chattanooga and 75 minutes to Knoxville. This could be an opportunity to utilize 1031-exchange funds in income tax-free Tennessee. Additional acreage available! (Information provided is deemed reliable but not guaranteed. Buyer is responsible to do their due diligence to verify that all information is correct, accurate, and for obtaining any and all restrictions deemed important to the Buyer. Any and all property lines on photos are simulated and are approximate. Property is currently enrolled in the Greenbelt. Should Purchaser choose to remove the property from the Greenbelt, Purchaser to be responsible for the payment of any rollback taxes.)
Directions
From Downtown Chattanooga: Take Riverfront Parkway / Amnicola Hwy to Hwy 153. Take exit to Hwy 58. Head N on TN-58, Travel for 22 miles, the property will be on your left.

Status Change Information

Major Change Timestamp
2024-01-12T21:47:31Z
Major Change Type
Status Change
Status Change Timestamp
2024-01-12
Under Contract Date
2023-11-22
Close Date
2024-01-12
Close Price
1250000

More Information

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
280357
Listing Office’s State of Licensure
TN
Listing Office’s License Number
259794

Historical Information

Public Historical Remarks 1
Owner Pays: Will Not Divide.

Location, Tax, and Legal

Parcel Number
085 006.00
Elementary School
Meigs South Elementary
Middle Or Junior School
Meigs County Middle
High School
Meigs County High
Tax Annual Amount
0
Tax Legal Description
PT S1/2 SEC 18 TWP 1 R 2
Deed Book
L6
Deed Page
70

Exterior Features

Driveway
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Level
Yes
Partially Cleared
Yes
Rectangular Lot
Yes
Rural
Yes
Will Not Divide
Yes
Wooded
Yes

Other Structures

None
Yes

Possession

Negotiable
Yes

Possible Use

Single Family
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes

View

Creek/Stream
Yes

Lock Box Type

None
Yes
Listing Office: Keller Williams Realty
Last Updated: September - 10 - 2024
Information deemed reliable but not guaranteed.