Listing Office: eXp Realty, LLC
Property details
About 00 Chestnut Stump Rd
Discover a rare opportunity to own 10.5 acres of wooded land with breathtaking views of Norris Lake, one of Tennessee's most beautiful lakes. This property offers the perfect blend of privacy and convenience, making it an ideal location to build your dream home or a lucrative investment opportunity. For Home Builders: Imagine your dream home nestled in a serene wooded landscape, offering complete privacy and spectacular lake and mountain views. Enjoy the tranquility of nature while being just 9 miles from town, providing easy access to all necessary conveniences in La Follette. Whitman Hollow Marina is just a 15-minute drive away, where they offer boat rentals, covered boat slip rentals as well as a full-service dining experience and live entertainment at Froggies Patio Bar. For Investors: This unrestricted land presents a fantastic investment opportunity. The 10.5-acre parcel can be subdivided, subject to Campbell County Planning Commission processes, allowing for multiple building sites. The demand for property in this scenic area is high, making it a smart choice for investors. Don't miss this unique chance to own a piece of Tennessee's natural beauty. Whether you're looking to build your forever home or invest in a profitable property, this 10.5-acre parcel on Chestnut Stump Rd offers endless possibilities. The property also offers logging opportunities when considering clearing options. The corner of the property touches Zone 3 TVA land at the lake which is deemed ''sensitive resources''. The property would not have the option for a dock per TVA.
Highlights
Summary
- MLS Number: 1276703
- MLS Name: East Tennessee REALTORS® MLS
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$130,000
00 Chestnut Stump Rd
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Price information
Property sales
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Nearby schools
7
Jacksboro Elementary School
Public District PK-6
4.3 mi
•164 Jacksboro Elem School Rd
4
Lake City Elementary School
Public District PK-5
5.6 mi
•402 Lindsay Ave
4
Caryville Elementary School
Public District PK-5
5.7 mi
•120 Cardinal Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,696. Residents of Lafollette, TN typically earn less than $<35k each year. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 00 Chestnut Stump Rd
This home is located at 00 Chestnut Stump Rd in Lafollette, TN and zip code 37766 in the Leisure Lakeland neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $130,000.
Over 2 listings were sold over their listed price in December 2024 in Lafollette, TN. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price. Between November and December 2024, Lafollette, TN real estate market has seen increase in the number of listings by 2.7%. The median list price of listings available in December 2024 was $260,000, while the average time on the real estate market was 130 days.