1034 Gadsden Way

Spencer, TN 38585

$315,000
Price
1,375,624 / 31.58
Lot Size / Acres
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Description

Nearly 32 acres of prime, usable land with low property taxes thanks to Greenbelt status—this is your chance to own a fully turn-key, off-grid homestead with tremendous short-term rental potential. Just minutes from Fall Creek Falls State Park and tucked away on a beautiful hardwood tract, this property includes a 12x20 cabin with two 8x12 sleeping lofts, a 20x40 high metal awning and RV pad, a firepit, and a 40' high cube shipping container for storage or additional use. Enjoy the privacy of full...Nearly 32 acres of prime, usable land with low property taxes thanks to Greenbelt status—this is your chance to own a fully turn-key, off-grid homestead with tremendous short-term rental potential. Just minutes from Fall Creek Falls State Park and tucked away on a beautiful hardwood tract, this property includes a 12x20 cabin with two 8x12 sleeping lofts, a 20x40 high metal awning and RV pad, a firepit, and a 40' high cube shipping container for storage or additional use. Enjoy the privacy of full fencing on three sides (with the street forming the fourth boundary), and spend your days exploring multiple walking trails and the spring-fed year-round creek, plus an additional wet-weather creek. A well with pump is already installed, and fruit-bearing apple, peach, pear, and plum trees (planted and thriving at 6' tall) are already in place for your future orchard. Plus, the land is teeming with deer and other wildlife that roam freely across the hardwood forest. If you've been searching for a mostly flat, usable off-grid property—not the steep side of a mountain which offers a tremendous investment upside, this rare gem near one of Tennessee's top parks checks every box. Bring your animals and your dreams—this is ready for you. Property is also known as 1034 Country Meadow Road.
  1. Listed by Jeremy Callahan • EXP Realty LLC

Property Details for 1034 Gadsden Way

Zoning
A-1
Waterfront
No
LISTING UPDATED: 09/03/2025 11:33 AM

Property Details for 1034 Gadsden Way

StatusActive
MLS #1513493
Days on Market360
Taxes$140 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size31.58 AC
CountyVan Buren County
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Location

Listing Courtesy of EXP Realty LLC, Jeremy Callahan (423.800.2180)
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Building Information for 1034 Gadsden Way

Lot Size31.58 AC

Payment Calculator

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$1,581 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,570

Property Taxes

$12

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1034 Gadsden Way

Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Van Buren
  • Directions: From Dunlap take 111 N toward Spencer. Turn right on Phifer Mine Road then right again on Gadsden Way. Property is on right with green gate.
  • Latitude: 35.664053
  • Longitude: -85.453212
  • Postal Code: 38585
  • State Or Province: TN
  • Subdivision Name: None
  • Location Tax Legal Info : Zoning: A-1
Taxes and HOA
  • Tax Legal Description: Wpp LLC Mineral Tract 46-6Mbd
  • Additional Parcels: No
  • Parcel Number: 061 029.00
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $140
School Information
  • Middle Or Junior School: Spencer Middle
  • High School: Van Buren County High
  • Elementary School: Spencer Elementary
Property
Lot Information
  • Lot Features: Level, Rectangular Lot, Rural, Wooded, Partially Cleared, Will Not Divide
  • Lot Size Dimensions: 1500x1500
  • Lot Size Acres: 31.58
  • Lot Size Square Feet: 1375624.8
  • Lot Size Units: Acres
Property and Assessments
  • Property Type Label: Land
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Improvements : Fenced: Yes
  • Options : Will Not Divide: Yes
Utilities
  • WaterSewer : Well: Yes
  • Water Source: Well
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available, None
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Exterior Features: Awning(s), Fire Pit
  • Structures : Mobile Home: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Multi Family
Unit 3
  • Unit 3 Features : Storage: Yes

Property History for 1034 Gadsden Way

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Temporarily Off Market

Greater Chattanooga Association of REALTORS #1384253

—
Sep 3, 2025

Price Change

Greater Chattanooga Association of REALTORS #1513493

$315,000—
May 22, 2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1513493

$345,000—
DateEvent & SourcePrice
11/19/2025

Temporarily Off Market

Greater Chattanooga Association of REALTORS #1384253

—
09/03/2025

Price Change

Greater Chattanooga Association of REALTORS #1513493

$315,000
05/22/2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1513493

$345,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1034 Gadsden Way

Taxable ValueLand$3,900Additions-Total$3,900
Tax Record2022$94 ($8 / month)
Home Facts
Lot Size1,375,625 SqFtStyleAgricultural / RuralCountyVAN BURENAPN088061 02900

Schools near 1034 Gadsden Way

This home is within Van Buren County School District.
Rating
School
Type
Grades
Distance
Spencer Elementary School
Public - PK to 5
Van Buren Co High School
Public - 6 to 12
Rating
School
Distance
Spencer Elementary School
PublicPK to 5

Van Buren Co High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1034 Gadsden Way, Spencer, TN 38585

1034 Gadsden Way is a 31.58 ac of land for sale in Spencer, TN 38585. This property was listed for sale on May 23, 2025 by EXP Realty LLC, it's currently listed at $315,000. It has been on the market for a total of 360 days and was last sold on October 10, 2020. This listing's school district is Van Buren County School District. Nearby schools include Spencer Elementary School and Van Buren Co High School. 1034 Gadsden Way is a 0-bed, 0-bath, 31.58 ac of land on a 1,375,624 sq. ft. / 31.58 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC, Jeremy Callahan (423.800.2180)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 09/03/2025 11:33 AM