864 Stonegate Way Townsend, TN 37882

$97,000
0.9 acres
Land

Property details

About 864 Stonegate Way

Located in the heart of a prestigious gated community, this lot offers an exceptional opportunity to build your dream home in a serene and picturesque setting. This particular lot boasts one of the highest elevations in Stonegate, providing breathtaking seasonal mountain views when the trees are full of leaves and evolves into gorgeous mountain views as the leaves fall. Clear a few trees to create the view you desire. The wooded surroundings create a sense of privacy and tranquility, perfect for those seeking a peaceful retreat from the hustle and bustle of everyday life. As you drive to the property, you'll immediately notice the well-maintained private roads, a testament to the community's commitment to preserving the area's natural beauty and ensuring residents' comfort. A partial roughed in path (roughed in driveway) leads to a prime building site approximately 220 feet up the slope. You'll need to walk this, as it is not finished for driving. This thoughtful preparation allows you to envision your future home's placement with ease. The lot is permitted for a three-bedroom dwelling, offering ample space for a comfortable family residence or a luxurious vacation home. One of the most appealing aspects of this property, besides the beauty and privacy, is its convenient location. Situated less than 10 minutes from Townsend's charming restaurants, diverse shopping options, and exciting attractions, you'll have easy access to modern amenities while still enjoying the tranquility of your mountain hideaway. For those with an adventurous spirit, the property borders an undeveloped 600-acre tract, and an old logging road adjacent to the lot beckons for hiking and exploration. Imagine stepping out of your front door and immediately immersing yourself in nature's wonders. For nature enthusiasts, the proximity to the Great Smoky Mountains is a dream come true, providing endless opportunities for outdoor adventures and exploration. Gatlinburg, Knoxville, and the Regional airport are all within easy access as well. The lot's infrastructure is ready for development, with easy access to city water and underground electricity. This eliminates many of the challenges often associated with rural property development, allowing you to focus on designing your ideal home. The Stonegate community takes pride in maintaining its roads and protecting property values through a homeowners association. With a current annual fee of $457, you can rest assured that the neighborhood will remain well-maintained and preserve its charm for years to come. One unique feature that sets this lot apart is its potential for short-term rentals. This flexibility allows you to generate income from your property when you're not using it, making it an attractive option for investors or those looking for a vacation home with revenue potential. As you walk the property, you'll notice fluorescent pink flags marking the approximate property lines. These markers, placed by the sellers, help you visualize the expanse of your potential new home site. In summary, this beautiful lot in Stonegate offers a rare combination of natural beauty, privacy, and convenience. With its high elevation, potential for stunning views, and proximity to both nature and local amenities, it's an ideal canvas for creating your personal mountain retreat. Whether you're looking for a permanent residence or a vacation home with investment potential, this property presents an exciting opportunity to turn your vision into reality. Don't miss your chance to stake your claim in this slice of Tennessee paradise!

Highlights

Home typeOther
StatusActive
Lot size0.88 Acres
MLS #1279303

Summary

  • MLS Number: 1279303
  • MLS Name: East Tennessee REALTORS® MLS

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: 2/7/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$97,000

864 Stonegate Way

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Price information

Property sales

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Nearby schools

5

Townsend Elementary School

Public District PK-5

0.9 mi

140 Tiger Dr

5

Walland Elementary School

Public District PK-5

5.8 mi

247 E Millers Cove Rd

3

Pigeon Forge Primary School

Public District PK-3

11.2 mi

1766 Waldens Creek 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 $44,099. Typical income of Townsend, TN residents is between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

28%
<35k
63%
35k-100k
7%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
7%
Single, with Kids
43%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
48%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • CadillacCadillac
  • GMCGMC
  • OldsmobileOldsmobile

What do the neighbors listen to?

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

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Frequently asked questions

About 864 Stonegate Way

This home is located at 864 Stonegate Way in Townsend, TN and zip code 37882 in the Stonegate neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $97,000.

Townsend, TN housing market in January 2025 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. In January 2025 in Townsend, TN there were 28.9% more homes for sale than in December. The median list price of listings available in January 2025 was $448,500, while the average time on the real estate market was 31 days.

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

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