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110 Falls Lane, Spencer, TN 38585

Van Buren County · Mixed Use
$750,000
A Geoff & Geoff listing
Bedrooms
1
Bathrooms
1 full
Living area
525 sqft
Acreage
10 acres
Year built
2022
Property type
Mixed Use
County
Van Buren
MLS number
1524910

About this property

Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license. Owner will consider owner financing with 30% down, amortized over 30 years with a 7 year balloon payment, interest rate is negotiable.

Property details4 groups

Utilities

Water
Well
Sewer
See Remarks, Septic Tank
Utilities
Cable Available, Electricity Available, Electricity Connected, See Remarks, Water Available, Water Connected
Heating
Ductless
Cooling
Ductless

Construction

Construction
Metal Siding
Flooring
Luxury Vinyl

Land and access

Lot features
Irregular Lot, Level, Many Trees, Native Plants, Private, Sloped, Split Possible, See Remarks, Steep Slope, Views, Waterfall, Wooded, Brow Lot
View
Mountain(s), Panoramic, Rural, Trees/Woods, Valley
Parcel number
068 092.00
Annual taxes
$806 a year

Schools

Elementary school
Spencer Elementary
Middle school
Spencer Middle
High school
Van Buren County High

Information deemed reliable but not guaranteed.