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Listed by Felix Valdes • Cherokee Lake Realty
$54,900
Est. payment /mo
23,522 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 23,522 sqft
Price per Sqft $2
MLS Listing ID 712446
Annual Tax Amount $109
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 0.54
Property Sub-Type Single Family Residence
Source Lakeway Area Association of REALTORS®
Property Description
Owner financing available. Call for information on the terms.
Rare opportunity to own a parcel of land with direct access to Lakeshore Drive. All the adjacent lots were sold years ago and have very nice homes built on them. Lot 1 was held by the developer to build a personal home but is now being made available. On one side of the lot is the private entrance to the gated Shiloh Springs Subdivision. A nice group of mature trees will provide shade and extreme privacy on that side. The building area of the land is cleared saving you the thousands of dollars it takes to clear a lot of this size. The short distance to Lakeshore Drive will also save you the cost of concrete when building a driveway. Plus, public water is available. This is huge as the current cost of building a well will run you $20,000 plus. When you take into consideration the savings on clearing the land, cost of a driveway, and well drilling when you get ready to build your home, this lot is a steal.
Lakeshore Drive in one direction will take you to the city of Morristown. The other direction will take you to Jefferson City. Conveniently located to shopping and medical facilities in both cities. There are two Walmarts and two Lowe's within 18 miles. Hospitals? There are also two within 16 miles. Schools, shopping, golf courses, and dining are all close by.
Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. 4 full, mild seasons, and no destructive hurricanes, or flooding with this lot. You can have all this and have close access to Cherokee Lake, with its world-renowned fishing, boating, and recreation! Live the Cherokee Lake Life!
Rare opportunity to own a parcel of land with direct access to Lakeshore Drive. All the adjacent lots were sold years ago and have very nice homes built on them. Lot 1 was held by the developer to build a personal home but is now being made available. On one side of the lot is the private entrance to the gated Shiloh Springs Subdivision. A nice group of mature trees will provide shade and extreme privacy on that side. The building area of the land is cleared saving you the thousands of dollars it takes to clear a lot of this size. The short distance to Lakeshore Drive will also save you the cost of concrete when building a driveway. Plus, public water is available. This is huge as the current cost of building a well will run you $20,000 plus. When you take into consideration the savings on clearing the land, cost of a driveway, and well drilling when you get ready to build your home, this lot is a steal.
Lakeshore Drive in one direction will take you to the city of Morristown. The other direction will take you to Jefferson City. Conveniently located to shopping and medical facilities in both cities. There are two Walmarts and two Lowe's within 18 miles. Hospitals? There are also two within 16 miles. Schools, shopping, golf courses, and dining are all close by.
Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. 4 full, mild seasons, and no destructive hurricanes, or flooding with this lot. You can have all this and have close access to Cherokee Lake, with its world-renowned fishing, boating, and recreation! Live the Cherokee Lake Life!
Location
State TN
County Grainger
Direction Lakeshore Drive, next to Shiloh Springs entrance.
Exterior
Utilities Available Cable Available, Electricity Available, Water Available, Fiber Internet
Building
Lot Description Cleared
Water Public
Others
Senior Community No
Tax ID 061F B 00100 000
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Nearby Locations
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