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    289 Hbr Way Morristown, TN 37814

    For Sale
    $52,500

    Single Family Residence - Morristown, TN

    Type:Single Family Residence
    Lot size:
    0.60 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 289 Hbr Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.60 Acres

    Building Details

    Architectural style
    Other

    ASKEW REALTY (865) 322-5722

    Listing agent Billy Askew (865) 322-5722 License #269829

    Listing date Oct 30, 2025

    MLS# 709452 Listing URL

    Copyright © 2025 Lakeway Area Association of 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

    Waterfront Lot with Community Amenities

    This 0.6-acre lot is located in a gated, waterfront community on Cherokee Lake. The cleared lot is ready to build and positioned to provide an easy build site and views of the lake and mountains. Public utilities and fiber optics are run underground throughout the community. Residents have access to a full amenities package, including paved roads with rolling curbs and sidewalks, a private marina, clubhouse, pool, basketball court, and a tennis/pickleball court. A key feature is the 10,000 sq ft Manor House overlooking Cherokee Lake, equipped for entertaining and relaxation, and available to residents for regular use and up to 5 overnight stays per homeowner per year at no additional charge. The annual association dues are $900, which includes use of the manor house and private boat.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.298405
    Latitude
    36.261297

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    FAQs

    What type of property is this?
    Residential land & home lot - Cleared lot in gated community with lake and mountain views.
    Where is this residential land & home lot located?
    The property is located at 289 Hbr Way Morristown, TN.
    What is the asking price?
    The asking price for this property is $52,500.
    What are key features of this property?
    This property features: - Gated, waterfront community on Cherokee Lake with **lake and mountain views**; - Full amenities package including **private marina, clubhouse, pool, basketball court, and tennis/pickleball court**; - Access to a 10,000 sq ft Manor House with overnight stay privileges (5 nights/year)
    (865) 322-5722
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    289 Hbr Way Morristown, TN 37814
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    Morristown, TN 37814
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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
    289 Hbr Way Morristown, TN 37814
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