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$4,260,000

1950 Knoxville Hwy Wartburg, TN 37887

24.4 acres
Land

Property details

About 1950 Knoxville Hwy

Located in the picturesque area of Wartburg, TN, and strategically situated right off HWY 62, this 25-acre parcel of prime land presents an exceptional opportunity for savvy developers and investors. The land, boasting vast expanses of developable terrain, is perfectly poised for a variety of commercial ventures, including a hotel, restaurant, grocery store, or mixed-use development. Given its proximity to major tourist attractions such as the Brushy Mountain State Penitentiary and Frozen Head State Park, the location is a magnet for both local and visiting patrons. This unique blend of natural beauty and historical significance ensures a steady stream of visitors year-round, offering an ideal backdrop for a thriving business hub. The property's easy access to major transportation routes, combined with the allure of surrounding natural landscapes and attractions, makes it a highly desirable spot for development projects aimed at tapping into the tourism and retail markets. Whether looking to build a boutique hotel that caters to adventure-seekers and history buffs, a restaurant that serves as a culinary gateway to the region, or a retail complex that meets the needs of locals and tourists alike, this land offers the flexibility and location to make those visions a reality. In essence, this 25-acre plot is not just land; it's a blank canvas for creating a landmark destination in Wartburg, TN. Its potential for generating significant returns on investment through a well-conceived development project is immense. For investors and developers with a vision to blend commerce with the captivating charm of Tennessee's landscapes and historical sites, this opportunity is unparalleled.

Highlights

Home typeOther
StatusActive
Lot size24.35 Acres
ParkingRV Parking
MLS #1205943
WaterfrontPond
ViewMountain(s)

Summary

  • Attached Garage: No
  • Parking: RV Parking
  • Waterfront: Pond
  • View: Mountain(s)
  • List Price: $4,260,000
  • Lot: Pond
  • Directions: Oak Ridge Hwy to Wintergap Rd to Knoxville Hwy, 14 miles, property on right.
  • Lot Size: 24.35 Acres
  • MLS Number: 1205943
  • MLS Name: East Tennessee REALTORS® MLS
  • Office Name: MR10 Realty
  • Office Phone: (865) 737-4567
  • Office Email: michael@mr10realty.com

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 Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 28, 2010
Home Sold
$125,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Wartburg Central Elementary School

Public District PK-5

1.4 mi

1315 Knoxville Hwy

6

Bowers Elementary School

Public District PK-5

12.4 mi

120 Breazeale St

6

Dyillis Springs Elementary School

Public District PK-5

12.9 mi

120 Ollis 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 $42,417. The most common annual income of people living in Wartburg, TN is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

40%
<35k
52%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
15%
Single, with Kids
25%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

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

Frequently asked questions

About 1950 Knoxville Hwy

The listing price of 1950 Knoxville Hwy property is $4,260,000.

The property 1950 Knoxville Hwy is land located in Wartburg, Tennessee, 37887.

Active Listing: 1950 Knoxville Hwy is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1950 Knoxville Hwy are: Wartburg Central Elementary School (GreatSchools Rating 4/10), Bowers Elementary School (GreatSchools Rating 6/10), Dyillis Springs Elementary School (GreatSchools Rating 6/10), Wartburg Central Middle School (GreatSchools Rating 4/10), Petros-Joyner Elementary School (GreatSchools Rating 4/10), Harriman Middle School (GreatSchools Rating 5/10), Morgan County Career and Technical Center (GreatSchools Rating 2/10), Wartburg Central High School (GreatSchools Rating 4/10), Oakdale School (GreatSchools Rating 5/10).

The last sale was on October 28, 2010 for $125,000 (source: MLS/tax record).

The property 1950 Knoxville Hwy is 24.35 acres.

This home is located at 1950 Knoxville Hwy in Wartburg, TN and zip code 37887. Features: 0 bathroom. It has been listed on Rocket Homes since September 15, 2022 and is currently priced at $4,260,000.

In June 2025, from all listings sold in Wartburg, TN there were more than 1 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Wartburg, TN decreased by 20% between May and June 2025. Listings spent 25 days on the market in June 2025, and had a median list price of $285,000 during the same period.

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

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