0 South Pittsburg Mountain Road, Unit 17
0 South Pittsburg Mountain Road, Unit 17
$4,000,000
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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.
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.
- Listed by Erik Palmer • Crye-Leike, REALTORS
Amenities
- Waterfront
Location
LISTING UPDATED: 05/03/2024 05:07 PM
Property Details for 0 South Pittsburg Mountain Road, Unit 17
Status | Active |
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MLS # | 1382718 |
Days on Market | 188 |
Taxes | $2,090 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Land / Residential |
Year Built | - |
Lot Size | 615.00 AC |
County | Marion County |
Location
Building Information for 0 South Pittsburg Mountain Road, Unit 17
Building Size-Lot Size615.00 AC
Payment Calculator
$22,004 per month
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Property Information for 0 South Pittsburg Mountain Road, Unit 17
Property History for 0 South Pittsburg Mountain Road, Unit 17
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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Public - | PK to 4 | |||
Public - | PK to 4 | |||
Public - | PK to 6 | |||
Public - | K to 8 |
Rating | School | Distance |
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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.
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