292.7 Acres Lot
292.7 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Pending
Purchase Type For Sale
Subdivision Sequatchie
MLS Listing ID 1363964
Originating Board Greater Chattanooga REALTORS®
Lot Size 292.700 Acres
Acres 292.7
Lot Dimensions 2503x2261x2870x2257x2047
Property Description
This property is famous for a Stone Cave Spring that is located across from Stone Cave Loop Rd. The entirety of the land is 294.7 Acres with approximately half on either side of Stone Cave Rd. The spring side is mostly hardwood, and includes beautiful development sites along Thurman Creek. The property rises up to provide easy sloping top of the ridge land that can be developed with spectacular views of the Sequatchie Valley. The Campus Side includes multiple buildings and rental income properties. an estimated 50 acres or more is in pasture land. ( do not hold the agent accountable for the estimate of cleared land) The seller will divide the 294.7 acres, and the seller will owner finance, with terms to be negotiated. There is a commercial and agricultural aspect to this listing and it does have a green belt tax status. Wildlife roams freely with deer, turkey, fox, beaver (creek beavers), raccoons, and coyote present. NOTE: Portions of this property is in the 100 year flood plain. At one time the campus side was a Sanitarium and a Private School. Stone Creek is dry most of the season and is full of Stones.
If divided the seller will accept 1.5 Million for the Spring Side and 1.7Million for the Campus Side.
NOTE: There are 140ish Line measurements in the survey for the total of 292.7 Acres. (Please disregard the measurements listed, the MLS requires something in that field so the listing agent counted the Length X the width with out counting the turns of the line measurements on the campus side added them together but they are in no way represented of the reality of the bound
Location
State TN
County Sequatchie
Area 292.7
Zoning Agricultural District
Exterior
Utilities Available Electricity Available, Phone Available, Water Available
View Creek/Stream, Other
Garage No
Building
Lot Description Irregular Lot, Level, Rural, Sloped, Split Possible, Wooded, Partially Cleared
Faces I 24 to Hwy 28 toward Dunlap, Stone Cave Rd will be on the left. Or best route from Chattanooga is to take Hwy 111 to Dunlap then take a left on Hwy 28 toward I 24 thru Dunlap and stay right at the Hwy 28 split and Stone Cave will be on the left.
Water Well
Additional Building Barn(s), Residence, Storage, Workshop
Schools
Elementary Schools Griffith Elementary School
Middle Schools Sequatchie Middle
High Schools Sequatchie High
Others
Senior Community No
Tax ID 070 004.00
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Trust
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "