New Union Road
New Union Road
Graysville, TN 37338
$3,900,000
Price
33,410,520 / 767
Lot Size / Acres
Description
Lake Chickamauga Frontage and Views
AFM Real Estate is pleased to present the New Union Tract located in southern Rhea County, TN. The southern boundary of New Union adjoins +/-8,000 feet of TVA Chickamauga Lake frontage. The 767-acre tract has high development potential with over 4,700 feet of double frontage on New Union Road with property located on both sides of the paved frontage. Electricity, water, and telephone are the noted utilities on New Union Road. The gentle topography makes the tract...Lake Chickamauga Frontage and Views
AFM Real Estate is pleased to present the New Union Tract located in southern Rhea County, TN. The southern boundary of New Union adjoins +/-8,000 feet of TVA Chickamauga Lake frontage. The 767-acre tract has high development potential with over 4,700 feet of double frontage on New Union Road with property located on both sides of the paved frontage. Electricity, water, and telephone are the noted utilities on New Union Road. The gentle topography makes the tract highly accessible and usable. The tract is subject to Restrictive Covenants, Reservation and Easements set forth in the deeds from the United States of America conveying TVA parcels XCR-177 and XCR-178. These covenants contain certain residential building set back restrictions on 160 acres of the land adjacent to the water. Language in the deed allows for water use facilities, subject to TVA approval. Seller and seller's agent make no representations or guarantees as to any approvals on any applications. Buyers should contact TVA as to any specific information regarding such permits for lake access. Maps can be provided showing approximate setback boundaries. The property has been owned for decades by a forest products company. The primary use of the land was growing timber for the paper mill in Calhoun Tennessee. The forest cover on the tract ranges from merchantable pine pulpwood to young pine plantations. There is also a significant portion of natural hardwoods. This diverse forest provides natural beauty, recreational opportunities, and income potential for a future owner. East Tennessee is growing rapidly. New housing is being built in the area near the tract and the local Rhea County Airport is about one mile from the tract. Good county and state roads connect the tract to Dayton, which is 7 miles from the northwest border. Dayton has a wide range of retail opportunities and any necessities of life a resident would require. This tract is less than an hour's drive North of Chattanooga, TN.
AFM Real Estate is pleased to present the New Union Tract located in southern Rhea County, TN. The southern boundary of New Union adjoins +/-8,000 feet of TVA Chickamauga Lake frontage. The 767-acre tract has high development potential with over 4,700 feet of double frontage on New Union Road with property located on both sides of the paved frontage. Electricity, water, and telephone are the noted utilities on New Union Road. The gentle topography makes the tract...Lake Chickamauga Frontage and Views
AFM Real Estate is pleased to present the New Union Tract located in southern Rhea County, TN. The southern boundary of New Union adjoins +/-8,000 feet of TVA Chickamauga Lake frontage. The 767-acre tract has high development potential with over 4,700 feet of double frontage on New Union Road with property located on both sides of the paved frontage. Electricity, water, and telephone are the noted utilities on New Union Road. The gentle topography makes the tract highly accessible and usable. The tract is subject to Restrictive Covenants, Reservation and Easements set forth in the deeds from the United States of America conveying TVA parcels XCR-177 and XCR-178. These covenants contain certain residential building set back restrictions on 160 acres of the land adjacent to the water. Language in the deed allows for water use facilities, subject to TVA approval. Seller and seller's agent make no representations or guarantees as to any approvals on any applications. Buyers should contact TVA as to any specific information regarding such permits for lake access. Maps can be provided showing approximate setback boundaries. The property has been owned for decades by a forest products company. The primary use of the land was growing timber for the paper mill in Calhoun Tennessee. The forest cover on the tract ranges from merchantable pine pulpwood to young pine plantations. There is also a significant portion of natural hardwoods. This diverse forest provides natural beauty, recreational opportunities, and income potential for a future owner. East Tennessee is growing rapidly. New housing is being built in the area near the tract and the local Rhea County Airport is about one mile from the tract. Good county and state roads connect the tract to Dayton, which is 7 miles from the northwest border. Dayton has a wide range of retail opportunities and any necessities of life a resident would require. This tract is less than an hour's drive North of Chattanooga, TN.
- Listed by Jake Almond • AFM Real Estate
Property Details for New Union Road
Zoning Description
Zoned Agricultural
ViewCountry Setting, Mountain View, Seasonal Lake View, Seasonal Mountain, Other, Lake
Zoning Zoned AgriculturalTrue
Location
Listing Courtesy of AFM Real Estate, Jake Almond
Add your commute
LISTING UPDATED: 11/07/2023 11:00 AM
Property Details for New Union Road
| Status | Active |
|---|---|
| MLS # | 1245062 |
| Days on Market | 175 |
| Taxes | $2,690 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Lots & Acreage |
| Year Built | - |
| Lot Size | 767.00 AC |
| County | Hamilton County |
Location
Listing Courtesy of AFM Real Estate, Jake Almond
Add your commute
Building Information for New Union Road
Lot Size767.00 AC
Payment Calculator
$21,508 per month
30 year fixed, 7.25% Interest
Principal and Interest
$21,284
Property Taxes
$224
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for New Union Road
Summary
Location and General Information
- City: Dayton
- County Or Parish: Rhea County - 42
- Directions: From the intersection of HWYs 27 and 30 in Dayton TN head east on HWY 30 3.4 miles, turn right on New Union Road 0.8 miles, turn right on New Union Road 3.4 miles and tract is on both sides of the road.
- FrontageType: Lakefront
- Latitude: 35.393838
- Longitude: -85.141935
- MLS Area Major: Rhea County - 42
- MLS Area Minor: Rhea County - 42
- Postal Code: 37321
- State Or Province: TN
- Topography: Steep
- Road Access Public Road: True
- Road Frontage County: True
- Road Frontage Paved: True
- Road Frontage Private: True
- View Country Setting: True
- View Lakefront: True
- View Mountain View: True
- View Seasonal Lake View: True
- View Seasonal Mountain: True
- Location Tax Legal Info Area: Rhea County - 42
- Remarks Misc Directions: From the intersection of HWYs 27 and 30 in Dayton TN head east on HWY 30 3.4 miles, turn right on New Union Road 0.8 miles, turn right on New Union Road 3.4 miles and tract is on both sides of the road.
- Amenities Available Lake: true
- Property Sub-Type Waterfront Access: True
- Topography Level: True
- Topography Steep: True
Taxes and HOA Information
- Association Fee: 0.0
- Parcel Number: 104 016.00
- Location Tax Legal Info Total Tax: 2689.98
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 767.0
- Lot Size Units: Acres
- Lot Size Square Feet: 3.341052E7
- Lot Features: Lake Access, Lakefront, Man-Made Lake, River, Rolling, Waterfront Access, Wooded, Irregular Lot
- Lot Size Acres: 767.0
- Lot Size Source: Owner
- Lot Size Dimensions: 1000
- General Property Description Lot Dimensions: 1000
- General Property Description Acres: 767.0
- General Property Description Acre Source: Owner
- Lot Description Irregular Lot: True
- Lot Description Lake Access: True
- Lot Description Lakefront: True
- Lot Description Man-Made Lake: True
- Lot Description River: True
- Lot Description Rolling: True
- Lot Description Waterfront Access: True
- Lot Description Wooded: True
Property and Assessments
- Possession: Negotiable
- Property Type Label: Lots & Acreage
- Floor Plans Count: 0
- Property Type: D
- Easements Agricultural Rights: True
- Easements TVA Flowage Easement: True
- Documents on File Restrictions: True
- Documents on File Topography Map: True
- Developmnt Potential Farm: True
- Developmnt Potential Multi-Family: True
- Developmnt Potential Recreational: True
- Developmnt Potential Subdivision: True
- Possession Negotiable: True
Utilities
- Improvements Utilities on Site: True
- Utilities Available Electricity: True
- Utilities Available Telephone: True
- Utilities Available Water: True
Interior and Exterior Features
Exterior Features
- Community Amenities Other: True
Interior Features
- Bathrooms Total Integer: 0
Rental
Rent Information
- General Property Description Restrictions: No
Property History for New Union Road
| Date | Event & Source | Price | Appreciation |
|---|
| 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 New Union Road
This home is within Hamilton County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
North Hamilton Elementary School PublicPK to 5 | ||
Sale Creek Middle / High School Public6 to 12 | ||
Sequoyah High School Public9 to 12 | ||
Ivy Academy Inc Charter6 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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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of AFM Real Estate, Jake Almond
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