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    Waterwheel Way Jasper, TN 37347

    For Sale
    $109,999

    LAND - Jasper, TN

    Lot size:
    0.88 Acres
    Days on Market:
    243
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for Waterwheel Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    094 005.18
    Lot size
    0.88 Acres

    Utilities

    Utilities
    Cable Available

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

    Listing agent Melissa Hubbard (423) 942-3333 License #TN352509

    Listing date Apr 8, 2025

    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

    Jasper Highlands Residential Land

    Located in Jasper Highlands, a premier mountain community in Tennessee, this 0.88-acre lot presents an opportunity to build a dream home. Approved for a 3-bedroom residence, the property is suited for a walkout basement, complemented by a large deck overlooking a wet weather creek at the back. The lot features bluff views at the front and potential views from the backside. Jasper Highlands amenities include Pat's Summit Open Air Pavilion & Recreation Area, Raulston Falls, Kimball Falls, hiking trails, Inspiration Park with community pools, a kids' play area, tennis courts, a Lifeforce Heli Pad, high-speed internet, a fitness center, and the Top of the Rock Restaurant and Micro Brewery.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Jasper
    County
    Marion
    State
    Tennessee
    Longitude
    -85.717146
    Latitude
    35.099582

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    FAQs

    What type of property is this?
    Residential land & home lot - 0.88 acre lot in Jasper Highlands mountain community.
    Where is this residential land & home lot located?
    The property is located at Waterwheel Way Jasper, TN.
    What is the asking price?
    The asking price for this property is $109,999.
    What are key features of this property?
    This property features: - Access to Jasper Highlands Premier Mountain Community amenities including pools, fitness center, restaurant/brewery, and recreation areas.; - 0.88 Acre lot approved for a 3-bedroom home.; - Ideal for a walkout basement with a LARGE DECK overlooking a wet weather creek.
    (423) 942-3333
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    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
    Waterwheel Way Jasper, TN 37347
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