325 Waterwheel Way, Unit JF331

260,924 / 5.99
Lot Size / Acres

Description

Discover a rare opportunity to own a breathtaking 5.99-acre wooded lot in the prestigious Jasper Highlands, Jasper, TN. Boasting over 500 feet of stunning bluff frontage, this expansive property offers unparalleled panoramic views of the Sequatchie Valley, perfect for creating your dream mountain retreat. Nestled within a premier gated community, residents enjoy exclusive access to exceptional amenities, including sparkling community pools, pickleball courts, scenic hiking trails, and awe-inspiring...Discover a rare opportunity to own a breathtaking 5.99-acre wooded lot in the prestigious Jasper Highlands, Jasper, TN. Boasting over 500 feet of stunning bluff frontage, this expansive property offers unparalleled panoramic views of the Sequatchie Valley, perfect for creating your dream mountain retreat. Nestled within a premier gated community, residents enjoy exclusive access to exceptional amenities, including sparkling community pools, pickleball courts, scenic hiking trails, and awe-inspiring vistas at every turn. Embrace the serenity of nature and the luxury of a thoughtfully designed community—your ideal homesite awaits!
  1. Listed by Sherrie Matl • Keller Williams Realty

Property Details for 325 Waterwheel Way, Unit JF331

Zoning
R-1
Waterfront
No
LISTING UPDATED: 01/07/2026 09:09 PM

Property Details for 325 Waterwheel Way, Unit JF331

StatusContingent
MLS #1509307
Days on Market292
Taxes$1,815 / year
HOA Fees$1,309 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size5.99 AC
CountyMarion County

Location

Listing Courtesy of Keller Williams Realty, Sherrie Matl (770.686.2412)
Add your commute

Building Information for 325 Waterwheel Way, Unit JF331

Lot Size5.99 AC

Payment Calculator

$1,966 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,705

Property Taxes

$151

HOA Dues

$109

The Payment Calculator is for illustrative purposes only.

Property Information for 325 Waterwheel Way, Unit JF331

Summary
Location and General Information
  • City: Jasper
  • County Or Parish: Marion
  • Directions: :Follow I-24 from Georgia into Tennessee, exit right onto 152B towards US-41/Kimball. Turn right onto US-64E/US-72E. Turn left onto Timber Ridge Drive and continue onto Jasper Highlands Blvd. At first roundabout, turn left onto Raulston Falls Drive, Continue on Raulston Falls into The Farms until it dead ends into Crockett Point . Left on Crocket point, Right on Waterwheel Way. Lot is located on the left, Just before the court.
  • Latitude: 35.09872
  • Longitude: -85.717281
  • Postal Code: 37347
  • State Or Province: TN
  • Subdivision Name: Jasper Highlands
  • Location Tax Legal Info : Zoning: R-1
Taxes and HOA
  • Tax Legal Description: Subdivision Jasper Highlands 5-A Plat Book/Page 6/152 Block/Lot /JF331 District/Ward 03
  • Additional Parcels: No
  • Association Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Annually
  • Parcel Number: 094 005.12
  • Association Fee: $1,309
  • Association: Yes
  • Tax Annual Amount: $1,815
School Information
  • Middle Or Junior School: Jasper Middle
  • High School: Marion County High
  • Elementary School: Jasper Elementary
Property
Lot Information
  • Lot Features: Bluff, Many Trees, Rolling Slope, Wooded
  • Lot Size Dimensions: OUT OF 94/1.03
  • Lot Size Acres: 5.99
  • Lot Size Square Feet: 260924.4
  • Lot Size Units: Acres
Property and Assessments
  • Property Type Label: Land
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Improvements : None: Yes
Utilities
  • WaterSewer : Septic Tank: Yes
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Community Features: Fitness Center, Gated, Park, Playground, Pool, Restaurant, Tennis Court(s)
  • Exterior Features: None
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Other Equipment: None
Rental
Rental Information
  • Tenant Pays : None: Yes

Property History for 325 Waterwheel Way, Unit JF331

DateEvent & SourcePriceAppreciation
Jan 7, 2026

Contract - Showing

Greater Chattanooga Association of REALTORS #1509307

Nov 19, 2025

Active - Not Showing

Greater Chattanooga Association of REALTORS #1374660

Mar 20, 2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1509307

$349,900
Sep 26, 2024

Withdrawn

Greater Chattanooga Association of REALTORS #1374660

$349,990
Jun 28, 2024

Price Change

Greater Chattanooga Association of REALTORS #1374660

$374,990
Apr 19, 2024

Price Change

Greater Chattanooga Association of REALTORS #1374660

$429,990
Aug 24, 2023

Price Change

Greater Chattanooga Association of REALTORS #1374660

$499,000
Jun 5, 2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1374660

$549,990
Jun 5, 2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1374660

$549,990
DateEvent & SourcePrice
01/07/2026

Contract - Showing

Greater Chattanooga Association of REALTORS #1509307

11/19/2025

Active - Not Showing

Greater Chattanooga Association of REALTORS #1374660

03/20/2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1509307

$349,900
09/26/2024

Withdrawn

Greater Chattanooga Association of REALTORS #1374660

$349,990
06/28/2024

Price Change

Greater Chattanooga Association of REALTORS #1374660

$374,990
04/19/2024

Price Change

Greater Chattanooga Association of REALTORS #1374660

$429,990
08/24/2023

Price Change

Greater Chattanooga Association of REALTORS #1374660

$499,000
06/05/2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1374660

$549,990
06/05/2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1374660

$549,990

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

Schools near 325 Waterwheel Way, Unit JF331

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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Listing Courtesy of Keller Williams Realty, Sherrie Matl (770.686.2412)

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: 01/07/2026 09:09 PM