$345,000

1034 Gadsden Way Spencer, TN 38585

31.6 acres
Land

Property details

About 1034 Gadsden Way

Nearly 32 acres of prime, usable land with low property taxes thanks to Greenbelt status—this is your chance to own a fully turn-key, off-grid homestead with tremendous short-term rental potential. Just minutes from Fall Creek Falls State Park and tucked away on a beautiful hardwood tract, this property includes a 12x20 cabin with two 8x12 sleeping lofts, a 20x40 high metal awning and RV pad, a firepit, and a 40' high cube shipping container for storage or additional use. Enjoy the privacy of full fencing on three sides (with the street forming the fourth boundary), and spend your days exploring multiple walking trails and the spring-fed year-round creek, plus an additional wet-weather creek. A well with pump is already installed, and fruit-bearing apple, peach, pear, and plum trees (planted and thriving at 6' tall) are already in place for your future orchard. Plus, the land is teeming with deer and other wildlife that roam freely across the hardwood forest. If you've been searching for a mostly flat, usable off-grid property—not the steep side of a mountain which offers a tremendous investment upside, this rare gem near one of Tennessee's top parks checks every box. Bring your animals and your dreams—this is ready for you. Property is also known as 1034 Country Meadow Road.

Highlights

Home typeUnimproved Land
StatusActive
Lot size31.58 Acres
MLS #1513493
ViewCreek/Stream, Forest, Hills, Meadow, Pasture, Water, Other

Summary

  • View: Creek/Stream, Forest, Hills, Meadow, Pasture, Water, Other
  • Exterior: Awnings, Fire Pit, Fence
  • List Price: $345,000
  • Lot: Level, Rectangular Lot, Rural Area, Wooded, Cleared
  • Directions: From Dunlap take 111 N toward Spencer. Turn right on Phifer Mine Road then right again on Gadsden Way. Property is on right with green gate.
  • Lot Size: 31.58 Acres
  • MLS Number: 1513493
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: EXP Realty LLC
  • Office Phone: (888) 519-5113
  • Office Email: tn.mls@exprealty.net

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 10:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1034 Gadsden Way, Spencer, TN 38585

$345,000

1034 Gadsden Way

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Price information

Property sales

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Tax history

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Nearby schools

6

Spencer Elementary School

Public District PK-5

6.1 mi

311 Sparta St

7

Mary V Wheeler Elementary School

Public District PK-5

12.4 mi

33073 Sr 30

6

Doyle Elementary School

Public District PK-5

13.2 mi

174 W Gooseneck Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,800. Residents of Spencer, TN typically earn less than $<35k each year. Most families are married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

50%
<35k
39%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
10%
Single, with Kids
38%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 1034 Gadsden Way

The listing price of 1034 Gadsden Way property is $345,000.

The property 1034 Gadsden Way is land located in Spencer, Tennessee, 38585.

Active Listing: 1034 Gadsden Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1034 Gadsden Way are: Spencer Elementary School (GreatSchools Rating 6/10), Mary V Wheeler Elementary School (GreatSchools Rating 7/10), Doyle Elementary School (GreatSchools Rating 6/10), Eastside Elementary School (GreatSchools Rating 3/10), Bledsoe County Middle School (GreatSchools Rating 3/10), Irving College Elementary School (GreatSchools Rating 5/10), Van Buren County High School (GreatSchools Rating 5/10), Bledsoe County High School (GreatSchools Rating 4/10), White County High School (GreatSchools Rating 8/10).

The property 1034 Gadsden Way is 31.58 acres.

This home is located at 1034 Gadsden Way in Spencer, TN and zip code 38585. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $345,000.

Spencer, TN housing market in April 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of listings in Spencer, TN increased by 31% between March and April 2025. While the average time on the market in April 2025 was 13 days, the median list price was $320,000.

From Rocket Homes Real Estate and based on county public records data.

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