1071 Lakeview Road Rd $3,500,000

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    1071 Lakeview Road Rd Lenoir City, TN 37772

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    $3,500,000

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    • 214.00 Acres
    • Land
    • Listing# 1068552
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    Views: 52 Days On Market: 524

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    Property Details

    This farm is a rare opportunity to purchase substantial acreage in a growing part of Loudon county. Located just west of the Knox County line, and minutes from Fort Loudon Lake and Lenoir City, the property consists of 214 acres of hardwood forest, pasture and creek bottom. The farm has over 3800' of frontage on Muddy Creek, approximately 55 acres of mature woodland , and 115+- acres of pasture. The natural features make this property an exquisite estate, but the tract is also suitable for development. PUD approval would allow for up to 500+ units, while city annexation could allow 6.1 units/acre. A sewer main runs along Muddy Creek to a pump station at Lakeview road, and then continues another 1800'+ along Lakeview. The tract has access to three phase power, water, gas and cable.

    • General Features
      • Restrictions No
    • Building Features
      • Easements Flood Zone,Other
      • Present Structures Storage Building, Utility Building
    • Property Features
      • Acres 214
      • Improvements Fenced, Utilities on Site
      • Road Frontage County, Paved
      • Topography Rolling
      • Undeveloped Cultivated, Fenced - Partial, Other, Rail Line, Rail Siding
      • Utilities Available Cable TV, Electricity, Gas, Sewer, Telephone, Water

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    Neighborhood

    37772 (Lenoir City) Demographics

    48 Median Age
    294 Population Density (per sq. mile)
    41% College Educated
    $65,040 Estimated Median Income
    3,843 Estimated Total Home Owners
    1,084 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,490 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $260,000 Median Sales Price
    29 Homes Sold
    23 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,500,000
        2/1/2019 5:24:00 PM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Knoxville Area Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.