David Kilgore
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110 Falls Lane, Spencer, TN 38585

$750,000
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Active
BEDS1 BATHS1 full SQUARE FEET525 MLS#1524910
STATUSActive PROPERTY TYPEResidential -

Property Description

Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license. Owner will consider owner financing with 30% down, amortized over 30 years with a 7 year balloon payment, interest rate is negotiable.

110 Falls Lane | MLS# 1524910

This home located at 110 Falls Lane, Spencer, TN 38585 is currently listed for sale with an asking price of $750,000. This property has 1 bedrooms and 1 full baths with 525 sq. ft. Search Spencer real estate on davidk.crye-leike.com today.

Property Features

Property Type: Residential -
Cooling: Ductless
Garage: 2
Heating: Ductless
Lot Size: 10.00 Acres
Taxes: $806

Feature Descriptions

Appliances: Dishwasher, Electric Range, Free-Standing Electric Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
Days on Site: 163
Exterior: Metal Siding
Exterior Amenities: None, Outdoor Shower
Flooring: Luxury Vinyl
Interior Amenities: Eat-in Kitchen, High Speed Internet, Recessed Lighting, Tub/shower Combo
Laundry: Laundry Closet, Washer Hookup
Lot: Irregular Lot, Level, Many Trees, Native Plants, Private, Sloped, Split Possible, See Remarks, Steep Slope, Views, Waterfall, Wooded, Brow Lot
Lot Dimensions: 10 acres IRR
Parcel #: 068 092.00
Parking: Driveway, Garage, Gated, Gravel
Special View Info: Mountain(s), Panoramic, Rural, Trees/Woods, Valley
Utilities: Cable Available, Electricity Available, Electricity Connected, See Remarks, Water Available, Water Connected
View: Mountain(s), Panoramic, Rural, Trees/Woods, Valley
Wooded: Yes

Local Schools

High School: Van Buren County High
Middle School: Spencer Middle
Elementary School: Spencer Elementary

Listed By / Shown By

Listed By

Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-362-8333

Shown By

Agent Name: David Kilgore
Agent Phone: (423) 488-3973
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: CARMLS

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Estimated Payment

$ 1,955.09 per month $1,669.17 Principal & Interest $67.17 Property Tax $218.75 Homeowner's Insurance

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