0 South Pittsburg Mountain Road, Unit 17

South Pittsburg, TN 37380

$4,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

$1M Price Improvement from the original $5M List Price. Now only $4m! It is an investor's dream to have the opportunity to purchase 615+/- acres to develop into a premier residential community, vineyard, or private estate overlooking the TN River in S Pittsburg, TN—minutes off i24 exit 152a, less than 20 miles outside downtown Chattanooga. There are two other extraordinary communities, Black Creek and Jasper Highlands, that are already developed, and River Gorge Ranch is right around the corner being...$1M Price Improvement from the original $5M List Price. Now only $4m! It is an investor's dream to have the opportunity to purchase 615+/- acres to develop into a premier residential community, vineyard, or private estate overlooking the TN River in S Pittsburg, TN—minutes off i24 exit 152a, less than 20 miles outside downtown Chattanooga. There are two other extraordinary communities, Black Creek and Jasper Highlands, that are already developed, and River Gorge Ranch is right around the corner being developed in the local area. HappyHollowVista would complement the other 3 to add additional amenities and homesites a short drive outside downtown Chattanooga, TN. Please visit the property website to view and share the extensive details with your team. We look forward to working with you. HappyHollowVista

Potential timber, trails, and hunting. Prime development opportunity to leverage the TN River Town Initiative. 615+/- sloping acres overlooking the scenic Tennessee River and the quaint town of South Pittsburg, TN. Well-suited for various uses, including hospitality, specialty, sports and entertainment, and residential and commercial development. The property is located in an Opportunity Zone, granting tax incentives to developers. Tennessee is ranked #1 for business climate, with low business tax rates and no personal income tax. South Pittsburg is part of an exciting new program to embrace the Tennessee River; it is designated as a Tennessee Riverline ''RiverTown.'' The project is an initiative to promote the development of commerce and recreation along the 652-mile Tennessee River.
  1. Listed by Erik Palmer • Crye-Leike, REALTORS

Amenities

  • Waterfront

Location

Listing Courtesy of Crye-Leike, REALTORS, Erik Palmer (706.944.3745)
Add your commute
LISTING UPDATED: 05/03/2024 05:07 PM

Property Details for 0 South Pittsburg Mountain Road, Unit 17

StatusActive
MLS #1382718
Days on Market188
Taxes$2,090 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeLand / Residential
Year Built-
Lot Size615.00 AC
CountyMarion County

Location

Listing Courtesy of Crye-Leike, REALTORS, Erik Palmer (706.944.3745)
Add your commute

Building Information for 0 South Pittsburg Mountain Road, Unit 17

Building Size-Lot Size615.00 AC

Payment Calculator

$22,004 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$174

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 South Pittsburg Mountain Road, Unit 17

Summary
Location and General Information
  • City: South Pittsburg
  • County Or Parish: Marion
  • Directions: Take i24 to exit 152a N Cedar Ave (72) towards South Pittsburg. Turn right on 2nd St (156) S Pittsburg Mountain Rd. 615 acres is on the left.
  • Latitude: 35.021265
  • Longitude: -85.716747
  • Postal Code: 37380
  • State Or Province: TN
  • Subdivision Name: None
  • Location Tax Legal Info : Zoning: None
  • Flood Zone : Partial: Yes
  • Road : City: Yes
  • Road : Paved: Yes
  • Road : None: Yes
Taxes and HOA
  • Tax Book Number: 387
  • Tax Legal Description: 141 009.00
  • Parcel Number: 141 009.00
  • Association Fee: $0
  • Tax Annual Amount: $2,090
  • Location Tax Legal Info : Deed Page: 375
  • Location Tax Legal Info : HOA Fee: 0
  • Location Tax Legal Info : HOA Frequency: Not Applicable
School Information
  • Middle Or Junior School: South Pittsburg Middle
  • High School: South Pittsburg High
  • Elementary School: South Pittsburg Elementary
Property
Lot Information
  • Lot Features: Brow Lot, Rural, Scenic View, Sloping, Water View
  • Lot Size Dimensions: irregular 615+/- multiple parcels
  • Lot Size Acres: 615.0
  • Lot Size Square Feet: 2.67894E7
Property and Assessments
  • Location Tax Legal Info : Multi-Use: No
  • Location Tax Legal Info : 55 Community: No
  • Property Type Label: Land
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Residential
  • Improvements : None: Yes
  • Adjacent Use : Rural: Yes
  • Adjacent Use : Single Family: Yes
  • Options : Will Not Divide: Yes
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Structures : None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Shape : Irregular: Yes
Multi Family
Multi-Family Information
  • Location Tax Legal Info : Unit #/Lot: 1-7

Property History for 0 South Pittsburg Mountain Road, Unit 17

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 South Pittsburg Mountain Road, Unit 17

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 - K to 8
Rating
School
Distance
Jasper Elementary School
PublicPK to 4

Whitwell Elementary School
PublicPK to 4

South Pittsburg Elementary School
PublicPK to 6

Monteagle Elementary School
PublicK 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.

Similar Homes

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0 South Pittsburg Mountain Road, Unit 17 is a single family home for sale in South Pittsburg, TN 37380. This property was listed for sale on November 10, 2023 by Crye-Leike, REALTORS, it's currently listed at $4,000,000. This listing's school district is Marion County School District. Nearby schools include Jasper Elementary School, Whitwell Elementary School and South Pittsburg Elementary School. 0 South Pittsburg Mountain Road, Unit 17 is a 0-bed, 0-bath, single family home.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crye-Leike, REALTORS, Erik Palmer (706.944.3745)

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 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 05/03/2024 05:07 PM