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Off-Grid Homestead Land with Cabin
For Sale
$315,000

1034 Gadsden Way, Spencer, TN 38585

Land, Spencer, TN

Property SizeContact for details
Lot Size31.58 Acres
Days on Market459

Property Features for 1034 Gadsden Way

General Information

Property type Land
Property subtype Other
Zoning A-1
Zoning description Agricultural District
Exterior features Awning(s), Fire Pit
Fencing Fenced
Lot features Level, Rectangular Lot, Rural, Wooded, Partially Cleared, Will Not Divide
View Hills, Forest, Water
Elementary school Spencer Elementary
Middle school Spencer Middle
High school Van Buren County High
Directions From Dunlap take 111 N toward Spencer. Turn right on Phifer Mine Road then right again on Gadsden Way. Property is on right with green gate.
Standard status Active
APN 061 029.00
Lot size 31.58 Acres

Taxes and HOA fees

Tax Description Wpp LLC Mineral Tract 46-6Mbd
Tax Annual Amount 140
Legal Description Wpp LLC Mineral Tract 46-6Mbd

Utilities

Utilities Cable Available
Water source Well

Amenities

firepit
walking trails
spring-fed creek
fruit trees
RV pad
metal awning
shipping container

Building Details

Additional Structures Mobile Home
Listing Agency: EXP Realty LLC
Listed By: Jeremy R Callahan · License #323014
Added: May 23, 2025 Changed: Aug 22 Last Checked: Aug 24 at 5:06AM
MLS# 1513493

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This property offers 31.58 acres of mostly usable land with A-1 zoning and a Greenbelt status referenced in the remarks. Improvements include a 12x20 cabin with two 8x12 sleeping lofts, a 20x40 high metal awning, an RV pad, a firepit, and a 40' high cube shipping container for storage or additional use. The site is described as fenced on three sides, with the street forming the fourth boundary. A well with pump is already installed, and fruit-bearing apple, peach, pear, and plum trees are in place.

The land is described as a hardwood tract with walking trails, including a spring-fed year-round creek and an additional wet-weather creek. The property is also noted as being known to attract deer and other wildlife. The listing remarks state it is just minutes from Fall Creek Falls State Park.

The property is also referenced as 1034 Country Meadow Road and is addressed at 1034 Gadsden Way, Spencer, TN 38585.

Key Highlights

  • Nearly 32 acres of prime, usable land with Greenbelt status (low property taxes).
  • Turn‑key, off‑grid homestead with short‑term rental potential.
  • Minutes from Fall Creek Falls State Park.

Property Analytics

Current Use

Recreation land

Lease Details

Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 38585, TN

4,276
Population
1,962
Households
2.2
Avg Household Size
45
Median Age
12%
College-Educated
80%
High-School Grad
185.0 sq mi
ZIP Area
23
Density / Sq Mi
$51,458
Median Household Income
$35,563
Median Earnings
$705
Median Rent
$137,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Recreation land - 31.58 acres in A-1 zoning with a 12x20 cabin, RV pad, and installed well with pump.
Where is this recreation land located?
The property is located at 1034 Gadsden Way Spencer, TN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Nearly 32 acres of prime, usable land with Greenbelt status (low property taxes).; Turn‑key, off‑grid homestead with short‑term rental potential.; Minutes from Fall Creek Falls State Park.
More about this property
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