Property profile

6485 Maynardville Hwy Maynardville, TN 37807

FOR SALE
Residential land & home lots
Property ID
US80-2007227
4,295,887 SF
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Property summary

AI-generated overview

Boasting stunning views of Norris Lake and gorgeous East Tennessee mountain ranges, this expansive 98.62 acre tract offers a blend of level and rolling terrain, cleared and wooded areas, and direct borders with an expansive amount of TVA waterfront land. The topography includes some of the highest vantage points in the area, offering breathtaking views and an ideal setting for a variety of uses. This prime piece of real estate provides the perfect space for multiple building sites or subdivision development, a farm, a resort, the possibilities are endless! This rare offering is bordered by TVA lakefront land and down the street from TVA Recreational property, presenting even more possibilities for development. Perfectly positioned atop the property is a 1600 square foot log home complete with 2 oversized bedrooms, 2 bathrooms, a heated and cooled sunroom. The home offers a family room with a stunning stone fireplace, spacious kitchen, and the entire home is bathed in natural light. A carport and spacious deck provide plenty of options for relaxing and enjoying the views or entertaining. These features make it suitable for immediate occupancy while planning future development or simply as a serene family getaway. With its proximity to Norris Lake, the property serves as a perfect spot for nature lovers and outdoor enthusiasts. This peaceful, private hideaway provides plenty of land for enjoying a nature walk or hike or unobstructed stargazing by night. Bring the horses and cattle---there's plenty of room! Nearby Beach Island Marina and Sunset Cove RV Park and Camp offer additional recreational options, including camping and enjoying the lake's many activities. Given its vast size , the land can be subdivided into multiple residential plots or perhaps a subdivision, catering to a growing demand for rural livability with urban accessibility. The mixed terrain supports farming activities, and its designation as a greenbelt provides a tax break and opens up avenues for sustainable living or agricultural projects. Utilize the existing log home as a private retreat from city life or as a seasonal vacation home with year-round potential. Whether you are envisioning a grand personal estate enveloped by nature, seeking to undertake a new development project, or looking to enjoy a combination of both, 6485 Maynardville Hwy stands as a fitting opportunity ready to meet diverse needs and aspirations. For more information or to schedule a visit, please reach out today. Please do not enter the property on your own. There is a gate and there may not be a suitable turn around area. There is an egress easement on one corner of the property. 5.94 acres of the property is across Highway 33

Property profile

Verified
Property type Residential land & home lots
Total area 4,295,887 SF
UPID US80-2007227

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6485 Maynardville Hwy Maynardville, TN 37807
Maynardville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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