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    261 Ootsima Way Loudon, TN 37774

    For Sale
    $40,000

    LAND - Loudon, TN

    Lot size:
    0.27 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 261 Ootsima Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    050M A 027.00
    Lot size
    0.27 Acres

    The House Store (865) 966-4001 [email protected]

    Listing agent Caroline Zhao (865) 266-4628

    Listing date Oct 6, 2025

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Tellico Village

    Located at 261 Ootsima Way in Tellico Village, Loudon, TN, this vacant land parcel offers a scenic setting. The 0.27-acre lot is bordered by common areas on the right and rear, providing privacy. The site is suitable for a basement ranch and is located less than 750 feet from Tellico Lake, offering seasonal lake views. Residents have access to community amenities, including a golf course, recreation center, walking trails, dock, boat ramp, clubhouse, exercise room, picnic and barbecue areas, playground, swimming pool, and tennis courts. Shopping, dining, and major routes are nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Clothing Store Gym & Fitness Skin Care Clinic Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loudon
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.261643
    Latitude
    35.7025

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    FAQs

    What type of property is this?
    Land - Vacant lot with lake views and community amenities access.
    Where is this land located?
    The property is located at 261 Ootsima Way Loudon, TN.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Generously sized lot in Tellico Village, ideal for a basement ranch.; - Bordered by common areas, providing enhanced privacy and a peaceful buffer.; - Less than 750 feet from Tellico Lake with seasonal lake views.
    (865) 266-4628
    Request Owner's contact information
    261 Ootsima Way Loudon, TN 37774
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    Loudon, TN 37774
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 Ootsima Way Loudon, TN 37774
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