320 Waterwheel Way

40,510 / 0.93
Lot Size / Acres

Description

Best Bargain in Jasper Highlands. Jasper Highlands is a Private, Gated Community on the Cumberland Plateau, west of Chattanooga. Welcome to the state of Tennessee and NO income tax. Low Property taxes-we've been told. and Mountain top natural beauty. A taste of all for Seasons, green from March till October! Welcome to your slice of paradise in The Farms of Jasper Highlands. This lot is perked for a 3-bedroom home, sitting on a private cul-de-sac off the main roads and in the pine trees. This lot...Best Bargain in Jasper Highlands. Jasper Highlands is a Private, Gated Community on the Cumberland Plateau, west of Chattanooga. Welcome to the state of Tennessee and NO income tax. Low Property taxes-we've been told. and Mountain top natural beauty. A taste of all for Seasons, green from March till October! Welcome to your slice of paradise in The Farms of Jasper Highlands. This lot is perked for a 3-bedroom home, sitting on a private cul-de-sac off the main roads and in the pine trees. This lot gently slopes to the back. This is your opportunity to build in the privacy of this amazing gated community on top of the Cumberland Plateau in this prestigious gated community. With the amenities of 2- community pools, and kids play area, soccer field/Heli-Pad/annual BarBQ cook-off spot with the Gazebo to enjoy views for miles, You have tennis courts and pickle ball courts, bocce ball, a putting green, horse-shoe pits, Dog Parks, lending libraries, miles of hiking trails, hidden water falls, off the grid cabin and tree house. So many social activities, events and clubs to join, Your adventures will keep you young here. Just outside the Gates is a wellness center for your physical fitness needs. Or enjoy the brewery in Top Of The Rock, also just outside the gate. At the base of the mountain is your local shopping and 30-45 minutes into Chattanooga hot spots, or 2-hours into Nashville, Atlanta & 2 1/2 hours into Knoxville. Call for a private tour of this lot and community today. AGENTS: Go and show! Get out and walk the lot! Builder's Special!
  1. Listed by Jessica Wright • RE/MAX Realty South

Property Details for 320 Waterwheel Way

Subdivision Name
Jasper Highlands
Waterfront
No
LISTING UPDATED: 01/23/2026 01:53 PM

Property Details for 320 Waterwheel Way

StatusActive
MLS #2883047
Days on Market388
Taxes$402 / year
HOA Fees$321 / month
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.93 AC
CountyMarion County

Location

Listing Courtesy of RE/MAX Realty South, Jessica Wright (816.812.1443)
Add your commute

Building Information for 320 Waterwheel Way

Lot Size0.93 AC

Payment Calculator

$769 per month

30 year fixed, 6.15% Interest

Principal and Interest

$414

Property Taxes

$34

HOA Dues

$321

The Payment Calculator is for illustrative purposes only.

Property Information for 320 Waterwheel Way

Summary
Location and General Information
  • Directions: From I-24, turn LEFT onto TIMBER RIDGE DRIVE, follow this up and through the gates, at the first roundabout, turn LEFT onto RAULSTON FALLS ROAD, follow this to the stop sign at CROCKETT POINT and turn LEFT, immidiate RIGHT ONTO WATERWHEEL WAY, .02 MILES the lot will be on the RIGHT. 320 WATER WHEEL WAY.
  • Elementary School: Jasper Elementary School
  • High School: Marion Co High School
  • Middle Or Junior School: Jasper Middle School
  • Mlg Can View: Yes
  • Topography: Other,Wooded,Private,Views,Cul-De-Sac
  • Zoning: R-1
  • Road Frontage Type: City Street
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Association Amenities: Playground, Pool, Tennis Court(s), Gated
  • Association Fee Includes: Maintenance Grounds
  • Condo Coop Association YN: Yes
  • Tax Lot: Jf-338
Property
Lot Information
  • Current Use: Unimproved
  • Lot Features: Other, Wooded, Private, Views, Cul-De-Sac
  • Lot Size Source: Agent Calculated
  • Lot Size Units: Acres
  • Parcel Number: 094 00519 000
  • Road Surface Type: Asphalt
  • Lot Size Area: 0.93
Property and Assessments
  • Documents Count: 3
  • Possession: Close Of Escrow
  • Property Attached: No
  • Senior Community: No
Utilities
  • Cooling: No
  • Heating: No
  • Sewer: None
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: No

Property History for 320 Waterwheel Way

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Price Change

REALTRACS #2883047

$85,000—
Nov 20, 2025

Listed (Active)

REALTRACS #2883047

$89,900—
Nov 19, 2025

Active - Not Showing

Greater Chattanooga Association of REALTORS #1398394

—
Jan 6, 2025

Withdrawn

REALTRACS #2775470

$89,000—
Jan 5, 2025

Withdrawn

Greater Chattanooga Association of REALTORS #1398394

$89,000—
Aug 29, 2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1398394

$89,000—
Aug 29, 2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1398394

$89,000—
Aug 29, 2024

Expired

REALTRACS #2710973

$89,000—
May 25, 2024

Expired

REALTRACS #2714185

$99,000—
DateEvent & SourcePrice
11/20/2025

Price Change

REALTRACS #2883047

$85,000
11/20/2025

Listed (Active)

REALTRACS #2883047

$89,900
11/19/2025

Active - Not Showing

Greater Chattanooga Association of REALTORS #1398394

—
01/06/2025

Withdrawn

REALTRACS #2775470

$89,000
01/05/2025

Withdrawn

Greater Chattanooga Association of REALTORS #1398394

$89,000
08/29/2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1398394

$89,000
08/29/2024

Listed (Active)

Greater Chattanooga Association of REALTORS #1398394

$89,000
08/29/2024

Expired

REALTRACS #2710973

$89,000
05/25/2024

Expired

REALTRACS #2714185

$99,000

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

Schools near 320 Waterwheel Way

This home is within Marion County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 6
Public - 5 to 8
Rating
School
Distance
Jasper Elementary School
PublicPK to 4

Whitwell Elementary School
PublicPK to 4

South Pittsburg Elementary School
PublicPK to 6

Jasper Middle School
Public5 to 8

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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320 Waterwheel Way is a 0.93 ac of land for sale in Jasper, TN 37347. This property was listed for sale on November 20, 2025 by RE/MAX Realty South, it's currently listed at $85,000. This listing's school district is Marion County School District. Nearby schools include Jasper Elementary School, Whitwell Elementary School and South Pittsburg Elementary School. 320 Waterwheel Way is a 0-bed, 0-bath, 0.93 ac of land on a 40,510 sq. ft. / 0.93 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 RE/MAX Realty South, Jessica Wright (816.812.1443)

Based on information submitted to the MLS GRID as of 01/23/2026 01:53 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.