$2,550,000
$2,800,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
582 Acres Lot
SOLD DATE : 08/30/2024
Key Details
Sold Price $2,550,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1246374
Sold Date 08/30/24
Originating Board East Tennessee REALTORS® MLS
Lot Size 582.000 Acres
Acres 582.0
Lot Dimensions irregular
Property Description
The Three Points property is a rare property adjoining Tennessee Valley Authority (TVA) owned Little Tennessee River frontage on more than half of its boundary line. This close proximity to the water frontage on so many sides of the property provides amazing views of the river and surrounding hills and valleys. Three Points has great access starting along paved Three Points Road and then continuing onto a well maintained gravel road through the property. Additional interior dirt surface accesses that are suitable for a truck or ATV provide additional access throughout the tract. The property is within a 25-minute drive of Madisonville and within an hour and 15 minutes of Knoxville, TN. Madisonville shopping provides all the necessities of life. This property has high potential for a large acreage waterfront estate or subdivided acreage development given the great access and adjacency to TVA boundary. The abundant recreational opportunities including area lakes, rivers, and Great Smokey Mountain National Park add to the desirability of the area. The tract has been historically managed for timber production and has a well established pine plantation on the majority of the acres, as well as natural hardwood areas. AFM Real Estate signs are at the frontage, call to arrange a personal showing of this one of a kind property. Lake access across TVA lands is foot traffic only. Docks are not permitted.
Location
State TN
County Monroe County - 33
Area 582.0
Zoning Zoned Agricultural
Exterior
View Mountain View, Wooded, Other, Lake
Topography Rolling
Improvements Other, Utilities on Site
Road Frontage , Gravel, County, Paved
Garage No
Building
Lot Description Lakefront, Private, Rolling, Wooded, Rolling Slope, Other
Faces From the intersection of Highway 411 and Ballplay Road in Madinsonville TN go east on Ballplay Road 10.2 miles, turn left on Three Points Road and go 4.2 miles and tract is on both sides of the road.
Others
Restrictions No
Tax ID 082 020.00, 070 036.00, 034.00
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