Closed
Last Sold Price
$240,000

Lot 4 Spence Rd, Rutledge, TN 37861

Description

Great 29 acre lot that would make a great little farm or place to build. The seller would build the buyer a house or a cabin. Nice rural setting that is not isolated. There is 1 other adjoining lot available that would total 41 acres with this lot. You can buy 1 or both. AEC's contractor said high speed Fiber Optic internet would be on Spence Road by the end of 2022. There is plenty of grazing land and wooded land that is loaded with deer and turkey. The view of the smoky mountains from the top of...Great 29 acre lot that would make a great little farm or place to build. The seller would build the buyer a house or a cabin. Nice rural setting that is not isolated. There is 1 other adjoining lot available that would total 41 acres with this lot. You can buy 1 or both. AEC's contractor said high speed Fiber Optic internet would be on Spence Road by the end of 2022. There is plenty of grazing land and wooded land that is loaded with deer and turkey. The view of the smoky mountains from the top of this lot is incredible!
FarmProperty Type
29 acresLot Size
  • Listed by: Billy Daniel 423.748.8871 realdealtn@hotmail.com Brokerage DRE #260798 • Crye-Leike Lakeway Real Estate
Listing closed: 03/03/2022 01:00 AM
Source: Lakeway Area AOR, MLS#: 604057
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$140,000

Avg days on market

98

Sale-to-list ratio

82.8%

Rutledge, TN

9 comparable properties found

$309,900 | 58.5-acres Greenlee Road, Rutledge, TN 37861
1/29
1

$309,900

Sold 04/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
58.54
Acres
$212,800 | 1333 Cherry Street, Rutledge, TN 37861
1/27
2

$212,800

Sold 10/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.5
Acres
$460,000 | 880 Gray Road, Rutledge, TN 37861
1/33
3

$460,000

Sold 02/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.74
Acres
$140,000 | 1655 Lester Whitt Road, Rutledge, TN 37861
1/41
4

$140,000

Sold 06/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
17.89
Acres
$55,000 | 756 Greenlee Road, Rutledge, TN 37861
1/5
5

$55,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.53
Acres
$57,500 | 5-r3 Greenlee Road, Rutledge, TN 37861
1/5
6

$57,500

Sold 09/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.08
Acres
$165,000 | River Drive, Rutledge, TN 37861
1/12
7

$165,000

Sold 03/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.57
Acres
$55,000 | 5-r1 Greenlee Road, Rutledge, TN 37861
1/5
8

$55,000

Sold 08/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.57
Acres
$55,000 | 727 Rocky Branch Road, Rutledge, TN 37861
1/13
9

$55,000

Sold 10/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.83
Acres

Location

Add your commute
Property Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,298 per month

Principal and Interest

$1,281

Property Taxes

$17

The Payment Calculator is for illustrative purposes only.
Get prequalified

Property information

Lot 4 Spence Road

Property Details

  • Taxes: $199 / year
  • MLS Type: Farm / Farm

Building Information

  • Lot Size: 29.00 AC

Summary

Location and General Information

  • Directions: HIGHWAY 25E NORTH TO HIGHWAY 11W TOWARD RUTLEDGE. TURN LEFT ON BOWEN ROAD. TURN LEFT ON SPENCE ROAD. PROPERTY ON LEFT.

Taxes and HOA

  • Association: No
  • Parcel Number: 46.04
  • Tax Annual Amount: $198.90
  • Tax Map Number: 051
  • Tax Year: 2019

Property

Lot Information

  • Lot Features: Sloped, Greenbelt, Gentle Sloping
  • Lot Size Acres: 29.0
  • Lot Size Area: 29.0
  • Lot Size Dimensions: 55/irr/irr/irr
  • Lot Size Square Feet: 1263240.0
  • Lot Size Units: Acres

Property and Assessments

  • Current Use: Row Crops
  • Possible Use: Farm, Multi-Family, Manufactured Home, Residential, Single Family
  • Property Sub Type: Farm
  • Property Type: Farm

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Natural Gas Not Available

Property History

Lot 4 Spence Road

DateEventPrice
Mar 3, 2022

Closed

Lakeway Area AOR #604057

$240,000
Feb 18, 2022

Contract - Not Showing

Lakeway Area AOR #604057

—
Sep 22, 2021

Listed (Active)

Lakeway Area AOR #604057

$179,000
DateEventPrice
03/03/2022

Closed

Lakeway Area AOR #604057

$240,000
02/18/2022

Contract - Not Showing

Lakeway Area AOR #604057

—
09/22/2021

Listed (Active)

Lakeway Area AOR #604057

$179,000

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

Schools

Near Lot 4 Spence Road

This home is within Grainger County School District.

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.

Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Similar Homes

New listings in 37861

$299,000 | 1151 Wa Ni Village Road, Rutledge, TN 37861
1/15
New

$299,000

3
Bedrooms
1,792
Square Feet
0.52
Acres
$385,000 | 128 Neal Drive, Unit 128, Rutledge, TN 37861
1/9

$385,000

3
Bedrooms
1,563
Square Feet
0.78
Acres
$774,900 | 796 Holston Shores Drive, Rutledge, TN 37861
1/54

$774,900

4
Bedrooms
3,078
Square Feet
1.58
Acres
$219,000 | 1720 Jackson Road, Rutledge, TN 37861
1/42
Active Under Contract

$219,000

4
Bedrooms
1,512
Square Feet
1.2
Acres
a view of outdoor space and yard
1/49

$499,000

3
Bedrooms
1,880
Square Feet
1.09
Acres
$275,000 | 130 Walnut Lane, Rutledge, TN 37861
1/38

$275,000

2
Bedrooms
1,249
Square Feet
2.3
Acres
$165,000 | 1338 Central Point Road, Rutledge, TN 37861
1/43

$165,000

4
Bedrooms
2,048
Square Feet
0.42
Acres
a front view of a house with garden
1/26

$600,000

2
Bedrooms
1,734
Square Feet
0.36
Acres
a view of a house with yard and sitting area
1/20

$450,000

2
Bedrooms
1,720
Square Feet
0.46
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 4 Spence Road, Rutledge, TN 37861
$240,000
–
–
–
1,263,240
$105,000
–
–
–
233,046
$54,000
–
–
–
25,264
$105,000
–
–
–
444,312
$240,000
–
–
–
541,450
$27,000
–
–
–
15,246

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike Lakeway Real Estate, Billy Daniel (423.748.8871)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lakeway Area Association of REALTORS®. 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. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Lakeway Area Association of REALTORS®. All Rights Reserved.