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    lot 4 &5 Peaceful Ln Spencer, TN 38585

    For Sale
    $55,000

    LAND - Spencer, TN

    Lot size:
    4.02 Acres
    Days on Market:
    265
    Last Refresh:
    Dec 9 at 6:06 am

    Property Features for lot 4 &5 Peaceful Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    yes
    APN
    023 081.00
    Lot size
    4.02 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed
    Water source
    Public

    RE/MAX Finest (931) 484-4003

    Listing agent Melissa Harmon (931) 256-5364

    Listing date Mar 20, 2025

    MLS# 235213 Listing URL

    Copyright © 2025 Upper Cumberland 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

    Wooded Land in Cozy Cabin Retreat

    This property features a 4.02-acre wooded lot situated on a private cul-de-sac road within the Cozy Cabin Retreat community. The sale includes two lots. Electricity is available at the road, and county water and fiber optic services are accessible. A driveway has been cut in, leading to several potential homesites. The minimum build size is 1,000 square feet, and mobile homes are not permitted. Airbnb is allowed. Modular homes or barndominiums are permitted on a permanent foundation. Buyers are advised to verify all information to make an informed offer. The property is located in Spencer, TN.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.43893169
    Latitude
    35.76318518

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    FAQs

    What type of property is this?
    Residential land & home lot - 4.02 acre wooded lot in a tranquil community.
    Where is this residential land & home lot located?
    The property is located at lot 4 &5 Peaceful Ln Spencer, TN.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - 4.02 acre wooded lot (includes 2 lots) in a private cul-de-sac.; - No HOA fees or restrictions.; - Airbnb allowed.
    (931) 256-5364
    Request Owner's contact information
    lot 4 &5 Peaceful Ln Spencer, TN 38585
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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

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    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
    lot 4 &5 Peaceful Ln Spencer, TN 38585
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