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Wooded Sloped Residential Development Land
For Sale
$49,900

Highwater Rd, Waverly, TN 37185

LAND - Waverly, TN

Lot Size4.41 Acres
Days on Market46

Property Features for Highwater Rd

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision The Summit
High school district Waverly
Directions From Waverly & Highway 70, take Clydeton Rd North. Bear right onto Jack Saunders at Mason's Boat Dock sign to top of hill/stop sign. Left onto Highwater Rd to corner of Highwater & Lakestone. Bear left, staying on Highwater and follow to Lot 196 on right
Standard status Active
Lot size 4.41 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 130

Utilities

Sewer type Septic Tank
Listing Agency: Real Broker
Listed By: Timothy Avery · License #372866
Added: Jun 17 Changed: Jul 2 Last Checked: Aug 1 at 12:06PM
MLS# 11835156

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 tract offers a wooded, naturally sloped homesite within The Summit at Lakewood Ranches, positioned outside the gated portion. The elevation change creates a landscape that can support a variety of home concepts, including options that take advantage of a walkout basement, lower-level access, or multi-level layouts. The property has frontage on Highwater Rd, and its terrain provides flexibility in how a home can sit relative to the road and surrounding views. For residential development, a well and septic system will be required for any home build. The area also has multiple local provider options mentioned for well, septic, propane, and fiberoptic services.

Access is described as straightforward due to the lot’s frontage on Highwater Rd and its placement just outside the gated area of The Summit at Lakewood Ranches, with full access to the broader community. The listing notes proximity to the Tennessee River/Kentucky Lake for boating and fishing, and that Turkey Creek Marina is nearby for fuel, launch access, and seasonal dining. Waverly is approximately 15 minutes away for daily needs, with Nashville about 75 minutes for additional services.

For prospective builders or buyers, the key value here is the terrain itself: the lot is not flat and is intended to work with the land rather than be treated as a basic homesite. If you’re looking for a residential parcel where the design can respond to elevation and create a more private, layered setting, this tract is positioned to accommodate that approach, while still keeping access simple through its road frontage.

Key Highlights

  • Lot 196 on Highwater Rd with frontage on Highwater Rd for straightforward access
  • Natural slope and wooded setting, offering potential for walkout basement, lower‑level access, or multi‑level layouts
  • Located within The Summit at Lakewood Ranches, outside the gated portion (easy entry with full access to the community)

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3
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 - Build-ready homesite with natural elevation and road frontage, suitable for designs that work with the terrain.
Where is this residential land & home lot located?
The property is located at Highwater Rd Waverly, TN.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Lot 196 on Highwater Rd with frontage on Highwater Rd for straightforward access; Natural slope and wooded setting, offering potential for walkout basement, lower‑level access, or multi‑level layouts; Located within The Summit at Lakewood Ranches, outside the gated portion (easy entry with full access to the community)
More about this property
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