Lake City Hwy

$2,200,000
Price
3,728,735 / 85.60
Lot Size / Acres

Description

This gorgeous property features approximately 85 acres and sits just a mile from downtown Clinton and is a short drive to I-75. There is more than 600' of frontage on Lake City Highway and more than 800' on Longmire Road. Approximately 10 acres is cleared. The property offers views of the Cumberland Mountains and currently has a two-mile walking trail. The property is ideal for a single-family development or a variety of senior living and/or assisted living options (see concept plans in documents)....This gorgeous property features approximately 85 acres and sits just a mile from downtown Clinton and is a short drive to I-75. There is more than 600' of frontage on Lake City Highway and more than 800' on Longmire Road. Approximately 10 acres is cleared. The property offers views of the Cumberland Mountains and currently has a two-mile walking trail. The property is ideal for a single-family development or a variety of senior living and/or assisted living options (see concept plans in documents). The senior living opportunity is a high-need, high-margin business opportunity (see Senior Housing Market Analysis in documents), just 20 minutes from downtown Knoxville, University of Tennessee Medical Center, Tennova North Hospital, Fort Sanders Regional Medical Center and East Tennessee Children's Hospital. Additional opportunities include, with zoning approval, assisted living, rehab center and more. This sits in a tremendous location near Clinton Schools, Clinton Fire Department Station 1 (on Longmire Road), Aspire Park, restaurants, grocery and more.
  1. Listed by Wes Cate • Furrow Strickland Real Estate Services

Property Details for Lake City Highway

Zoning Description
Other, Zoned Residential
Zoning Zoned Residential
True
LISTING UPDATED: 01/29/2025 10:44 AM

Property Details for Lake City Highway

StatusActive
MLS #1288115
Days on Market345
Taxes$416 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage
Year Built-
Lot Size85.60 AC
CountyAnderson County

Location

Listing Courtesy of Furrow Strickland Real Estate Services, Wes Cate
Add your commute

Building Information for Lake City Highway

Lot Size85.60 AC

Payment Calculator

$10,757 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,722

Property Taxes

$35

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Lake City Highway

Summary
Location and General Information
  • City: Clinton
  • County Or Parish: Anderson County - 30
  • Directions: From the intersection of Main Street and Market Street in Clinton, Travel north on Main Street for 1.2 miles. Property on right. The property is just past 804 Lake City Highway. Turn onto Longmire and then left onto property.
  • Latitude: 36.119595
  • Longitude: -84.13133
  • MLS Area Major: Anderson County - 30
  • MLS Area Minor: Anderson County - 30
  • Postal Code: 37716
  • State Or Province: TN
  • Topography: Partially Cleared
  • Road Frontage County: True
  • Road Frontage State: True
  • View Country Setting: True
  • Location Tax Legal Info Area: Anderson County - 30
  • Remarks Misc Directions: From the intersection of Main Street and Market Street in Clinton, Travel north on Main Street for 1.2 miles. Property on right. The property is just past 804 Lake City Highway. Turn onto Longmire and then left onto property.
  • Topography Partially Cleared: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 065 095.00
  • Location Tax Legal Info Total Tax: 416.0
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 85.6
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3728736.0
  • Lot Features: Rolling, Rolling Slope
  • Lot Size Acres: 85.6
  • Lot Size Source: Survey
  • Lot Size Dimensions: 3413x1074
  • General Property Description Lot Dimensions: 3413x1074
  • General Property Description Acres: 85.6
  • General Property Description Acre Source: Survey
  • Lot Description Rolling: True
  • Lot Description Rolling Slope: True
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements None: True
  • Documents on File Survey: True
  • Developmnt Potential Multi-Family: True
  • Developmnt Potential Single Family: True
  • Developmnt Potential Subdivision: True
  • Developmnt Potential Other: True
  • Possession At Closing: True
Utilities
  • Utilities Available Electricity: True
  • Utilities Available Gas: True
  • Utilities Available Water: True
Interior and Exterior Features
Exterior Features
  • Improvements None: True
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: No

Property History for Lake City Highway

DateEvent & SourcePriceAppreciation
Jan 29, 2025

Listed (Active)

KAARMLS #1288115

$2,200,000—
Apr 30, 2024

Closed

KAARMLS #1255958

$14,000—
Mar 16, 2024

Contract - Not Showing

KAARMLS #1255958

—
Mar 15, 2024

Listed (Active)

KAARMLS #1255958

$15,000—
Jun 30, 2022

Expired

KAARMLS #1161195

—
Oct 15, 2021

Contract - Not Showing

KAARMLS #1161195

—
Jul 22, 2021

Listed (Active)

KAARMLS #1161195

$750,000—
Jan 30, 2021

Expired

KAARMLS #1068267

—
Feb 7, 2019

Closed

KAARMLS #1058327

$149,000—
Jan 30, 2019

Listed (Active)

KAARMLS #1068267

$750,000—
Jan 10, 2019

Contract - Not Showing

KAARMLS #1058327

—
Oct 7, 2018

Expired

KAARMLS #981223

—
Oct 4, 2018

Listed (Active)

KAARMLS #1058327

$159,900—
Oct 7, 2017

Price Change

KAARMLS #981223

$750,000—
Aug 8, 2017

Closed

KAARMLS #973831

$60,000—
Oct 10, 2016

Listed (Active)

KAARMLS #981223

$850,000—
Aug 2, 2016

Listed (Active)

KAARMLS #973831

$60,000—
Nov 30, 2013

Expired

KAARMLS #821259

—
Jun 13, 2013

Closed

KAARMLS #803712

$43,000—
Jun 13, 2013

Contract - Not Showing

KAARMLS #803712

—
Oct 31, 2012

Listed (Active)

KAARMLS #821259

$34,900—
Aug 31, 2012

Price Change

KAARMLS #803712

$50,000—
May 29, 2012

Listed (Active)

KAARMLS #803712

$64,900—
DateEvent & SourcePrice
01/29/2025

Listed (Active)

KAARMLS #1288115

$2,200,000
04/30/2024

Closed

KAARMLS #1255958

$14,000
03/16/2024

Contract - Not Showing

KAARMLS #1255958

—
03/15/2024

Listed (Active)

KAARMLS #1255958

$15,000
06/30/2022

Expired

KAARMLS #1161195

—
10/15/2021

Contract - Not Showing

KAARMLS #1161195

—
07/22/2021

Listed (Active)

KAARMLS #1161195

$750,000
01/30/2021

Expired

KAARMLS #1068267

—
02/07/2019

Closed

KAARMLS #1058327

$149,000
01/30/2019

Listed (Active)

KAARMLS #1068267

$750,000
01/10/2019

Contract - Not Showing

KAARMLS #1058327

—
10/07/2018

Expired

KAARMLS #981223

—
10/04/2018

Listed (Active)

KAARMLS #1058327

$159,900
10/07/2017

Price Change

KAARMLS #981223

$750,000
08/08/2017

Closed

KAARMLS #973831

$60,000
10/10/2016

Listed (Active)

KAARMLS #981223

$850,000
08/02/2016

Listed (Active)

KAARMLS #973831

$60,000
11/30/2013

Expired

KAARMLS #821259

—
06/13/2013

Closed

KAARMLS #803712

$43,000
06/13/2013

Contract - Not Showing

KAARMLS #803712

—
10/31/2012

Listed (Active)

KAARMLS #821259

$34,900
08/31/2012

Price Change

KAARMLS #803712

$50,000
05/29/2012

Listed (Active)

KAARMLS #803712

$64,900

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

Schools near Lake City Highway

This home is within Anderson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 12
Rating
School
Distance
Lake City Elementary School
PublicPK to 5

Clinton Middle School
Public6 to 8

Clinton High School
Public9 to 12

Anderson County Innovation Academy
Public3 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.

Similar Homes

Similar Sold Homes

Lake City Highway is a 85.60 ac of land for sale in Clinton, TN 37716. This property was listed for sale on January 29, 2025 by Furrow Strickland Real Estate Services, it's currently listed at $2,200,000. It has been on the market for a total of 345 days and was last sold on April 30, 2024. This listing's school district is Anderson County School District. Nearby schools include Lake City Elementary School, Clinton Middle School and Clinton High School. Lake City Highway is a 0-bed, 0-bath, 85.60 ac of land on a 3,728,735 sq. ft. / 85.60 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 Furrow Strickland Real Estate Services, Wes Cate

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: 01/29/2025 10:44 AM