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    320 Waterwheel Way Jasper, TN 37347

    For Sale
    $85,000

    LAND - Jasper, TN

    Lot size:
    0.93 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 320 Waterwheel Way

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-1
    APN
    094 005.19
    Lot size
    0.93 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    RE/MAX Realty South (423) 942-3333 [email protected]

    Listing agent Jessica Wright (423) 942-3333 License #369302

    Listing date Nov 21, 2025

    MLS# 1505526 Listing URL

    Copyright © 2025 Greater Chattanooga 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

    Land in Jasper Highlands Farms

    Located in The Farms of Jasper Highlands, this 0.93-acre lot is perked for a 3-bedroom home. Situated on a private cul-de-sac off the main roads and surrounded by pine trees, the lot gently slopes to the back. This property offers the opportunity to build within a gated community on top of the Cumberland Plateau. Residents have access to amenities including two community pools, a kids' play area, a soccer field/Heli-Pad/annual BarBQ cook-off spot with a gazebo, tennis and pickleball courts, bocce ball, a putting green, horseshoe pits, dog parks, lending libraries, miles of hiking trails, hidden waterfalls, and an off-the-grid cabin and treehouse. The community hosts numerous social activities, events, and clubs. A wellness center is located just outside the gates, and the Top Of The Rock brewery is nearby. Local shopping is at the base of the mountain, with Chattanooga's attractions 30-45 minutes away and Nashville, Atlanta, and Knoxville within a 2-hour drive. The property is zoned R-1 and is located in Marion County.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Jasper
    County
    Marion
    State
    Tennessee
    Longitude
    -85.716751
    Latitude
    35.099423

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    FAQs

    What type of property is this?
    Land - Residential lot in gated community with extensive amenities.
    Where is this land located?
    The property is located at 320 Waterwheel Way Jasper, TN.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Located in Jasper Highlands, a prestigious gated community on the Cumberland Plateau.; - Lot is perked for a 3-bedroom home and situated on a private cul-de-sac.; - Extensive amenities including **2 community pools, sports courts (tennis, pickle ball, bocce ball), putting green, dog parks, and hiking trails.**
    (423) 942-3333
    Request Owner's contact information
    320 Waterwheel Way Jasper, TN 37347
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    Jasper, TN 37347
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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
    320 Waterwheel Way Jasper, TN 37347
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