8074 Old Lee Highway, Unit 5

Ooltewah, TN 37363

$3,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Offering an exceptional opportunity for development, this property situated at 8074 Old Lee Highway in Ooltewah, Tennessee, falls under the coveted R-3 zoning and a permit has been issued by WWTA with plans constructed accordingly. Spanning across raw land, the parcel is primed for the construction of townhomes, promising a lucrative investment in a rapidly evolving community. With its strategic location and zoning allowances, this property stands as a blank canvas for a visionary developer to shape...Offering an exceptional opportunity for development, this property situated at 8074 Old Lee Highway in Ooltewah, Tennessee, falls under the coveted R-3 zoning and a permit has been issued by WWTA with plans constructed accordingly. Spanning across raw land, the parcel is primed for the construction of townhomes, promising a lucrative investment in a rapidly evolving community. With its strategic location and zoning allowances, this property stands as a blank canvas for a visionary developer to shape a thriving residential project. Power, public water and sewer connections, high-speed fiber optics, and telephone lines are all readily available at or nearby the site. Please note that this listing comprises three separate parcels as follows:
Address: 8074 Old Lee Hwy PARCEL ID: 140 011.10 SLIVER PT TR 2 SUMMIT POINTE SITE BOUNDARY SURVEY
Address: 4905 Pattentown Road PARCEL ID:140_012.02 NW 1/4 SEC 30 TWP 4 R2
Address: 4907 Pattentown Road PARCEL ID: 140_012 PT NW 1/4 SEC 30 TWP 4 R2
Unleash the full potential of this raw land, tailor it to your creative aspirations, and witness the transformation into a coveted townhome haven. Seize the chance to sculpt the future of this sought-after locale, where possibilities are as vast as the land itself. Act now and be the architect of a thriving residential masterpiece. Your canvas awaits at 8074 Old Lee Highway - where dreams meet development. Agent is daughter of Sellers.
  1. Listed by Brenda Jean Adamson • Scenic South Properties, LLC

Location

Listing Courtesy of Scenic South Properties, LLC, Brenda Jean Adamson (423.421.5636)
Add your commute
LISTING UPDATED: 01/17/2024 03:16 AM

Property Details for 8074 Old Lee Highway, Unit 5

StatusActive
MLS #1385332
Days on Market102
Taxes$3,647 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeLand / Residential
Year Built-
Lot Size12.26 AC
CountyHamilton County

Location

Listing Courtesy of Scenic South Properties, LLC, Brenda Jean Adamson (423.421.5636)
Add your commute

Building Information for 8074 Old Lee Highway, Unit 5

Building Size-Lot Size12.26 AC

Payment Calculator

$16,676 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$304

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8074 Old Lee Highway, Unit 5

Summary
Location and General Information
  • City: Ooltewah
  • County Or Parish: Hamilton
  • Directions: Go to Fat Boy's Roadside Eats at 8210 Apison Pike Ooltewah, TN 37363. Leave Fat Boy's Roadside Eats and turn right which is southeast on TN-317 Apison Pike. Go east towards toward Patsy Place. Then turn right onto Pattentown Rd. Entrance of address is 4905 Pattentown Rd Ooltewah, TN 37363 which is diagonally opposite of the Trading Post at 4896 Pattentown Road, Ooltewah, TN 37363.
  • Latitude: 35.067239
  • Longitude: -85.10246
  • Postal Code: 37363
  • State Or Province: TN
  • Subdivision Name: None
  • Location Tax Legal Info : Zoning: R-3 Residential Apartment/Townhouse District
  • Flood Zone : No: Yes
  • Road : None: Yes
Taxes and HOA
  • Tax Book Number: 11364
  • Tax Legal Description: SLIVER PT TRACT 2 SUMMIT POINTE SIT E BOUNDARY SURVEY NW 1/4 SEC 30 TWP 4 R2 PT NW 1/4 SEC 30 TWP 4 R2
  • Parcel Number: 140 011.10
  • Association Fee: $0
  • Tax Annual Amount: $3,647
  • Location Tax Legal Info : Deed Page: 915
  • Location Tax Legal Info : HOA Fee: N/A
  • Location Tax Legal Info : HOA Frequency: Not Applicable
School Information
  • Middle Or Junior School: Ooltewah Middle
  • High School: Ooltewah
  • Elementary School: Wolftever Creek Elementary
Property
Lot Information
  • Lot Features: Wooded
  • Lot Size Dimensions: 28.50X382.87
  • Lot Size Acres: 12.26
  • Lot Size Square Feet: 534045.6
Property and Assessments
  • Location Tax Legal Info : 55 Community: No
  • Property Type Label: Land
  • Documents Available: Confirmation of Agency, Disclaimer, Disclosure, Personal Interest
  • Floor Plans Count: 0
  • Property Type: C
  • Property Sub Type: Residential
  • Improvements : Public Water: Yes
  • Adjacent Use : Mobile Home: Yes
  • Adjacent Use : Single Family: Yes
  • Options : Will Not Divide: Yes
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
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

Property History for 8074 Old Lee Highway, Unit 5

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 8074 Old Lee Highway, Unit 5

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Wolftever Creek Elementary School
PublicPK to 5

Ooltewah Middle School
Public6 to 8

Ooltewah High School
Public9 to 12

Hamilton County Virtual School
PublicK 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.

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8074 Old Lee Highway, Unit 5 is a single family home for sale in Ooltewah, TN 37363. This property was listed for sale on January 17, 2024 by Scenic South Properties, LLC, it's currently listed at $3,000,000. This listing's school district is Hamilton County School District. Nearby schools include Wolftever Creek Elementary School, Ooltewah Middle School and Ooltewah High School. 8074 Old Lee Highway, Unit 5 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 Scenic South Properties, LLC, Brenda Jean Adamson (423.421.5636)

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: 01/17/2024 03:16 AM