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Gated Community Homesite Land Parcel
For Sale
$114,900

Float Dr, Waverly, TN 37185

LAND - Waverly, TN

Lot Size6.32 Acres
Days on Market136

Property Features for Float Dr

General Information

Property type Land
Property subtype Other
Subdivision The Summit
Lot features Cul-De-Sac
View Lake, River, Water
High school district Waverly
Directions From Waverly take Clydeton Rd north from Hwy 70. Right at Mason's Boat Dock sign onto Jack Saunders. Left at top of the hill onto Highwater. Follow to the gated community/The Summit. Enter through gate onto Old Skyline. Right on Float Dr to Lot 247.
Standard status Active
Lot size 6.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 325

Utilities

Sewer type Septic Tank
Listing Agency: Real Broker
Listed By: Timothy Avery · License #372866
Added: Mar 19 Changed: Aug 1 Last Checked: Aug 1 at 11:06AM
MLS# 11834923

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale land parcel offers 6.32 acres of buildable property with a mix of open space and wooded areas. The lot is positioned on a quiet cul-de-sac within The Summit, a gated section of Lakewood Ranches, and includes multiple ideal build sites. The terrain and elevated setting provide options for a walkout basement design intended to take advantage of views toward the Tennessee River/Kentucky Lake area.

The property’s cul-de-sac positioning is designed for reduced through-traffic and added privacy, while still keeping the homesite within easy reach of Waverly and Kentucky Lake access. Utility and service notes in the listing indicate that well and septic will be required for any home build, and that there are multiple well, septic, fiberoptic, and propane providers available in the area.

For buyers seeking a private homesite with flexibility for different home layouts, this parcel’s combination of build locations and elevated views can support a range of residential designs. The well-and-septic requirement should be considered early in the planning process, along with selecting among the available providers for water, wastewater, and available communications and fuel services.

Key Highlights

  • Gated community lot in The Summit at Lakewood Ranches, located on a quiet cul‑de‑sac (Lot 247)
  • Over 6 acres of land with multiple build‑site options, including potential walkout basement locations
  • Scenic Tennessee River/Kentucky Lake area views from elevated build sites

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 37185, TN

9,082
Population
4,853
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
224.5 sq mi
ZIP Area
40
Density / Sq Mi
$52,849
Median Household Income
$31,148
Median Earnings
$827
Median Rent
$182,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Over 6 acres in a gated cul-de-sac with multiple build locations and required well-and-septic for a home.
Where is this residential land & home lot located?
The property is located at Float Dr Waverly, TN.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Gated community lot in The Summit at Lakewood Ranches, located on a quiet cul‑de‑sac (Lot 247); Over 6 acres of land with multiple build‑site options, including potential walkout basement locations; Scenic Tennessee River/Kentucky Lake area views from elevated build sites
More about this property
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