Waterwheel Way, Unit 342

Jasper, TN 37347

$93,000
Price
58,806 / 1.35
Lot Size / Acres
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Description

1.35 acre building lot in prestigious, gated Jasper Highlands. Located just 30 minutes from Chattanooga and 1 hour 30 minutes East of Nashville, Jasper Highlands is a master planned, mountain community spanning 9,000 acres and offers world class amenities and endless views. Amenities include but are not limited to the following-
Inspiration Park which is the centerpiece of the community. The park offers a pool, a dog park, a two-story open pavilion with luxurious furnishings, a soccer/football field...1.35 acre building lot in prestigious, gated Jasper Highlands. Located just 30 minutes from Chattanooga and 1 hour 30 minutes East of Nashville, Jasper Highlands is a master planned, mountain community spanning 9,000 acres and offers world class amenities and endless views. Amenities include but are not limited to the following-

Inspiration Park which is the centerpiece of the community. The park offers a pool, a dog park, a two-story open pavilion with luxurious furnishings, a soccer/football field and a heli-pad. Raulston Park is located on the Western Escarpment and features a 100 foot waterfall and exquisite views. Pat's Summit, a community space dedicated to the legendary Hall of Fame Tennessee women's basketball coach- features an open-air pavilion for events and sunset mountain views to the West with long range views of the Tennessee River. Jasper Farms pool, which is the second pool in the community, offers modern restroom facilities, a pavilion, green space, fire pits and incredible views to the East. Other amenities include Run 'N Reel Park which features an almost 6 acre lake for fishing and swimming, an additional fenced dog park and an amphitheater. Additionally, miles of hiking trails surround the community. Restaurants include the Top of the Rock Restaurant and Brewery and the Fiery Gizzard Pizzaria. Both are part of the Village at Jasper Highlands and feature views of the Tennessee River and Nickajack Lake. Next door is a state-of-the-art fitness facility that is open 24/7. Utilities include high speed Gigabit internet provided by Sequatchie Valley Electric, city water and underground electric service. Jasper Highlands has its own on-site, dedicated fire and EMS services plus Erlanger Life Force for emergency helicopter transport. For more information visit jasperhighlands.com. Buyers should confirm and satisfy themselves of any and all statements and information given, before making an informed offer. Not all amenities may be included. POA fees are $2,775 per year and that fee includes fire protection. Transfer fees may apply at closing and should be confirmed with the management company. Covenants and restrictions are on file. Per the original survey and soil mapping on file, the lot is approved for up to three bedrooms. This is lot #342.
  1. Listed by Brian Hall • Isham-Jones Realty

Property Details for Waterwheel Way, Unit 342

Sub division Name
Jasper Highlands 5-A
Zoning Description
Zoned Residential
View
Country Setting, Wooded
Zoning Zoned Residential
True
LISTING UPDATED: 03/19/2026 02:06 PM

Property Details for Waterwheel Way, Unit 342

StatusActive
MLS #1332940
Days on Market10
Taxes$411 / year
HOA Fees$2,775 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage
Year Built-
Lot Size1.35 AC
CountyMarion County
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Location

Listing Courtesy of Isham-Jones Realty, Brian Hall
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Building Information for Waterwheel Way, Unit 342

Lot Size1.35 AC

Payment Calculator

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$717 per month

30 year fixed, 6.11% Interest

Principal and Interest

$451

Property Taxes

$34

HOA Dues

$231

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Property Information for Waterwheel Way, Unit 342

Summary
Location and General Information
  • City: Jasper
  • County Or Parish: Marion County
  • Directions: From Jasper Highlands Blvd turn in at the gate. then right onto Raulston Falls Rd then left onto Crockett Pointe, then right onto Waterwheel Way. Lot #342 is on the right. No signs allowed.
  • Latitude: 35.099365
  • Longitude: -85.715382
  • MLS Area Major: Marion County
  • MLS Area Minor: Marion County
  • Postal Code: 37347
  • State Or Province: TN
  • Unit Number: #342
  • Road Access Private Road: True
  • Road Frontage Paved: True
  • Road Frontage Private: True
  • View Country Setting: True
  • View Wooded: True
  • Location Tax Legal Info Unit Number: #342
  • Location Tax Legal Info Community: Jasper Highlands
  • Location Tax Legal Info Area: Marion County
  • Remarks Misc Directions: From Jasper Highlands Blvd turn in at the gate. then right onto Raulston Falls Rd then left onto Crockett Pointe, then right onto Waterwheel Way. Lot #342 is on the right. No signs allowed.
  • Topography Rolling: True
Taxes and HOA Information
  • Association Fee: 2775.0
  • Association Fee Frequency: Yearly
  • Parcel Number: 094 005.23
  • Location Tax Legal Info Total Tax: 411.47
  • General Property Description HOA Fee: 2775.0
  • General Property Description HOA Freq: Yearly
  • General Property Description HOA Contact: Ghertner and Company 615-277-0358
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 1.35
  • Lot Size Units: Acres
  • Lot Size Square Feet: 58806.0
  • Lot Features: Rolling, Wooded
  • Lot Size Acres: 1.35
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: Out of 94/1.03
  • General Property Description SqFt - Min Ranch: 1450.0
  • General Property Description SqFt - Min 2 Story: 1850.0
  • General Property Description Lot Dimensions: Out of 94/1.03
  • General Property Description Acres: 1.35
  • General Property Description Acre Source: Tax Records
  • Lot Description Rolling: True
  • Lot Description Wooded: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: No
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements Typical Subdivision: True
  • Documents on File Restrictions: True
  • Documents on File Soil Test: True
  • Documents on File Survey: True
  • Developmnt Potential Single Family: True
  • Possession At Closing: True
Utilities
  • Utilities Available Electricity: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True
  • Utilities Available Other: True
Interior and Exterior Features
Exterior Features
  • Association Amenities: Tennis Courts, Swimming Pool, Club House, Playground, Recreation Facilities
  • Community Amenities Architect Restricted: True
  • Community Amenities Club House: True
  • Community Amenities Exercise Room: True
  • Community Amenities Gated Community: True
  • Community Amenities Playground: True
  • Community Amenities Rec Facilities: True
  • Community Amenities Swimming Pool: True
  • Community Amenities Tennis Courts: True
  • Improvements None: True
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: Yes

Property History for Waterwheel Way, Unit 342

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Listed (Active)

KAARMLS #1332940

$93,000—
DateEvent & SourcePrice
03/16/2026

Listed (Active)

KAARMLS #1332940

$93,000

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

Schools near Waterwheel Way, Unit 342

This home is within Marion County School District.
Rating
School
Type
Grades
Distance
Jasper Elementary School
Public - PK to 4
Whitwell Elementary School
Public - PK to 4
South Pittsburg Elementary School
Public - PK to 6
Jasper Middle School
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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More information about Waterwheel Way, Unit 342, Jasper, TN 37347

Waterwheel Way, Unit 342 is a 1.35 ac of land for sale in Jasper, TN 37347. This property was listed for sale on March 17, 2026 by Isham-Jones Realty, it's currently listed at $93,000. This listing's school district is Marion County School District. Nearby schools include Jasper Elementary School, Whitwell Elementary School and South Pittsburg Elementary School. Waterwheel Way, Unit 342 is a 0-bed, 0-bath, 1.35 ac of land on a 58,806 sq. ft. / 1.35 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 Isham-Jones Realty, Brian Hall

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: 03/19/2026 02:06 PM