401 Acres Recreational/Hunting/Residential/Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30394429
Property Subtypes: Agricultural, Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 401 - 402 Acres
Sale Price: $1,204,200
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 3/14/2019

Overview / Comments

Recreational; Hunting, Fishing, Hiking, Kayaking, Commercial Logging, or Residential Development may be enjoyed in this private gated farming community located on Timber Lake; a man made lake behind a locked gate on the Walden's Ridge Mountain range. Only two privately owned vacation homes are located on this lake and 15.26+/- acres of this property is located in the restricted area touching the lake for your protection. (An additional 8+ acre tract may be purchased on the lake front adjacent and contiguous to this subject property!) This is the perfect opportunity to develop a compound, use for your recreation, or dooms day prep to your heart's delight! This is the perfect set up due to the fact that a cemetery is located on the property at the end of Burdette Cemetery Road, so the County has to keep the road passable and somewhat maintained with gravel. Feed plot fields, ponds, and a beautiful rock creek run through this gorgeous property. Call Agent Today!

Attachments & Media

Additional Details

Nearest MSA: Dayton
County: Rhea
Taxing Authority: Bledsoe County
Tax ID/APN: 050/001.04 & 001.20
Zoning: ONLY PARCEL 001.0 IS RESTRICTED TO HOME SIZE AND USE.
Property Located Between: Spring City and Pikeville TN
Property Visibility: Excellent
Legal Description: Lake Front (somewhat restricted) parcel, includes half of the man made dam. 050/001.20 is 15.26+/- acres Tax info calls it Burdette Cemetery Road TN but it can't be used for GPS directions. Use J B Swafford Road for GPS! J B Swafford Road TN -Hunting/Recreational parcel 050/001.04 is 386.13+/- acres contiguous to lake front parcel. Logging appears to have been done more than 20 years ago with some marketable hardwood and some pine. Access can be achieved from other residential roads as well.
Largest Nearby Street: Summer City Road
Traffic/Vehicle Count: 2
Highway Access: County to State Hwy 30 or Hwy 27
Airports: no
Site Description: Gorgeous Clear Blue Lake Access with boat slip, the lake is about 15-20 acres surrounded by hardwood and pine with geese and wild ducks floating in the clear water. Amazing rock creeks and huge deciduous trees and tall pine swaying in the breeze, which always seems to blow on the mountain. The average temperature on the mountain is about 5 degrees cooler than the valley so a few more inches of snow may fall in the winter. The annual average temp is 60 degrees, annual snow fall is 16.5 inches, the Elevation is around 1200' There are around 14,000 residence of Bledsoe County.
Area Description: The annual average temp is 60 degrees, annual snow fall is 16.5 inches, the Elevation is around 1200' There are around 14,000 residence of Bledsoe County. This 400+ acres is located atop the Walden's Ridge, Appalachian Mountain Range in Bledsoe County but the mailing address is Spring City instead of Pikeville TN. Rural, quiet, peaceful and remote.
Lot Frontage: Must see
Lot Depth: Must see
Zoning Description: None
Part of Planned Development?: Yes
Development Name: Part of it is in Timberlake Development
Easements: Electric Lines, Ingress/Egress, Utilities, Other
Easements Description: Cemetery access
Soil Type: Loam
Available Utilities: Electric
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,826 6,100
Median Age: 43.43 42.22
Households: 742 2,462

Contact

Photograph of Listing Agent

Michelle Collier

Collier & Company Realty, LLC Greater Chattanooga REALTORS® Member
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