$64,000
$69,900
8.4%For more information regarding the value of a property, please contact us for a free consultation.
1.11 Acres Lot
SOLD DATE : 03/14/2025
Key Details
Sold Price $64,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Homestead In Wears Valley
MLS Listing ID 304497
Sold Date 03/14/25
HOA Fees $25/mo
HOA Y/N Yes
Annual Tax Amount $74
Tax Year 2023
Lot Size 1.110 Acres
Acres 1.11
Property Sub-Type Unimproved Land
Source Great Smoky Mountains Association of REALTORS®
Property Description
Create your dream residence or short-term rental home on this sizable 1.11-acre wooded lot that offers mountain views, easy access, and great location. Nestled within the picturesque Homestead Subdivision, this parcel benefits from well-maintained paved roads and underground utilities, ensuring an unobtrusive landscape. The Homestead is a unique community that spans an impressive 2,000 acres and is known for its beautiful setting including exceptional views, streams, waterfalls and more yet has all the convenience of being centrally located between the national park and all the most popular restaurants & attractions! This 1.1 acre lot is not steep and is very buildable. The Homestead community with HOA fees of only $25/month offers more than 100 acres dedicated to streams and hiking trails that will be exclusively allocated to property owners and protected as a permanent preserve, preserving the pristine environment for generations to come. This highly desired community has a mixture of primary residences as well as overnight vacation homes and is the perfect place to build your next mountain adventure.
Location
State TN
County Sevier
Zoning R-1
Direction From Wears Valley Rd, turn onto Happy Hollow Rd. Follow for 2.5 miles and turn Left on Whetstone Rd. Go 0.4 miles, turn right to stay on Whetstone and go 1.6 miles. Turn left on Grist Mill Ln. and Lot is on the right on the corner of Grist Mill Lane and Whetstone Rd. (You can put 2820 Grist Mill Lane in GPS, lot 115 is to the right of the cabin located at 2820 Grist Mill Lane)
Exterior
Utilities Available Electricity Available
Street Surface Paved
Road Frontage County Road
Building
Lot Description Corner Lot, Irregular Lot, Rolling Slope, Wooded
Sewer Septic Needed
Water None
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
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