213+/- Acre development opportunity! Dunlap Golf Course

Vacant Land for Sale
Catylist Listing ID: 30764998
Property Subtypes: Residential (Single Family)
Gross Land Area: 213 Acres
Sale Price: $1,750,000
Unit Price: $8,215 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2022

Overview / Comments

Offered is an opportunity to acquire a beautiful 213 +/- acres for a development opportunity OR keep as a Golf Course and Country Club w/ improvements nestled in the scenic valley base of the TN Cumberland Plateau right on the Bledsoe & Sequatchie county lines approx 40 min north of Downtown Chattanooga, TN MSA. Mount Airy combines the peacefulness of the TN Mountains and countryside with a true golfer’s course. Panoramic mountain views and wide open space between each challenging hole offer golfers a true retreat from the hustle and bustle of the daily city grind. Mount Airy Golf Course is an 18 hole PAR 72 course that received a complete rejuvenation & restoration in 2016. Course improvements include an updated clubhouse approx 7,942 sq ft featuring a pro shop, snack bar, event/meeting room that comfortably accommodates 25 guests, and a locker room with showers. Club has two swimming pools, one outdoor approx 70,000 gallon saltwater pool w/ beach entry and an indoor heated 5ft deep pool redesigned complete w/ updated lounge chairs and tennis courts for year round member/ guest enjoyment. More improvements include an office/ flex multi purpose building approx 1536 sq ft & additional warehouse/ storage buildings together totaling approx 6,600 sq ft. Continue as a golf course or subdivide and develop as the possibilities are endless here! Chattanooga, TN MSA is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. **Please note! Golf Carts are NOT included in offered price and must be transacted and sold separately due to arrangment in place with EZ GO golf cart dealer. **Licensee has personal interest in this property.

Additional Details

Nearest MSA: Chattanooga
County: Sequatchie
Taxing Authority: Sequatchie County
Tax ID/APN: 002066 02300

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,967 5,770
Median Age: 36.16 39.16
Households: 763 2,219


Photograph of Listing Agent

Katie L Ashley

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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