Residential Land with Lake
For Sale
$65,500
1012 Locust Lot 40 Lane, Butler, TN 37640
LAND - Butler, TN
Property SizeContact for details
Lot Size5.61 Acres
Days on Market623
Property Features for 1012 Locust Lot 40 Lane
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Heartwood
Lot features
Rolling Slope, Wooded
Elementary school
Little Milligan
Middle school
Little Milligan
High school
Cloudland
Directions
From Hampton take Hwy 67/321 towards Mountain City, turn right onto Hwy 321 towards Boone, at Elk Mills Store, turn right onto Heaton Branch ''Newly Paved'', follow signs approx. 4 miles to Heartwood.
Standard status
Active
APN
069 024.47
Lot size
5.61 Acres
Taxes and HOA fees
Tax Annual Amount
355
HOA Fee
$600 Annually
Utilities
Utilities
Electricity Available
Listing Agency:
Highland Ridge Properties LLC
(423) 297-1600
Listed By:
Deborah Sutherland · License #262650
(423) 213-7005
Added: Dec 11, 2024
Changed: Aug 5
Last Checked: Aug 26 at 1:06AM
MLS# 9974260
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 offering is for vacant residential land totaling 5.61 acres, suited for building a private retreat at your own pace, with no stated building timeline. The property is described as a house-seat location designed for a walkout basement/garage configuration on the first level, with main living planned on the second floor as you arrive.
The land is within Heartwood Development, a 330-acre gated mountain community in Upper East Tennessee. The setting is presented as having layered, long-range mountain views, with lake views beyond. The community includes an electric front gate, gravel roads maintained year-round by the HOA, several stocked common area ponds, and a common area shelter with bath accommodations.
For buyers seeking a residential homesite in a controlled-access mountain community, this tract offers the combination of acreage and the view orientation described, along with established community infrastructure such as maintained gravel roads and shared recreational amenities. Please note the seller remarks reference HOA annual dues for vacant land versus land with a home, with vacant-track dues listed separately from occupied-home dues.
The land is within Heartwood Development, a 330-acre gated mountain community in Upper East Tennessee. The setting is presented as having layered, long-range mountain views, with lake views beyond. The community includes an electric front gate, gravel roads maintained year-round by the HOA, several stocked common area ponds, and a common area shelter with bath accommodations.
For buyers seeking a residential homesite in a controlled-access mountain community, this tract offers the combination of acreage and the view orientation described, along with established community infrastructure such as maintained gravel roads and shared recreational amenities. Please note the seller remarks reference HOA annual dues for vacant land versus land with a home, with vacant-track dues listed separately from occupied-home dues.
Key Highlights
- 5.61 secluded acres in the Heartwood Development, a 330‑acre gated mountain community in Upper East Tennessee
- Property offers mountain views with lake views beyond
- Northeast‑facing house seat designed for a walkout basement/garage on the first level
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
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Business Placement
Demographics for 37640, TN
3,664
Population
2,344
Households
1.6
Avg Household Size
51
Median Age
16%
College-Educated
83%
High-School Grad
105.0 sq mi
ZIP Area
35
Density / Sq Mi
$47,404
Median Household Income
$34,250
Median Earnings
$674
Median Rent
$154,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Secluded residential homesite in a gated mountain community with long-range mountain and lake views.
Where is this residential land & home lot located?
The property is located at 1012 Locust Lot 40 Lane Butler, TN.
What is the asking price?
The asking price for this property is $65,500.
What are key features of this property?
This property features: 5.61 secluded acres in the Heartwood Development, a 330‑acre gated mountain community in Upper East Tennessee; Property offers mountain views with lake views beyond; Northeast‑facing house seat designed for a walkout basement/garage on the first level
