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Residential Land in Gated Community
For Sale
$79,000

320 Waterwheel Way lot Jf-338, Jasper, TN 37347

LAND - Jasper, TN

Property SizeContact for details
Lot Size0.93 Acres
Days on Market577

Property Features for 320 Waterwheel Way lot Jf-338

General Information

Property type Land
Property subtype Other
Zoning R-1
Zoning description Single-Family Residential District
Subdivision Jasper Highlands
Lot features Cul-De-Sac, Interior Lot, Many Trees, Native Plants, Private, Rectangular Lot, Rural, Sloped Down, Views, Wooded, Will Not Divide
Elementary school Jasper Elementary
Middle school Jasper Middle
High school Marion County High
Directions From I-24, turn LEFT onto TIMBER RIDGE DRIVE, follow this up and through the gates, at the first roundabout, turn LEFT onto RAULSTON FALLS ROAD, follow this to the stop sign at CROCKETT POINT and turn LEFT, immidiate RIGHT ONTO WATERWHEEL WAY, .02 MILES the lot will be on the RIGHT. 320 WATER WHEEL WAY.
Standard status Active
APN 094 005.19
Lot size 0.93 Acres

Taxes and HOA fees

Tax Description Jasper Highlands 5-A, 6/152, /338, 03.
Tax Annual Amount 402
HOA Fee $340 Monthly
Legal Description Jasper Highlands 5-A, 6/152, /338, 03.

Utilities

Utilities Water Available
Water source Public
Listing Agency: RE/MAX Realty South · RE/MAX International
Listed By: Jessica Wright · License #369302
Added: Jan 10, 2025 Changed: Aug 1 Last Checked: Aug 10 at 12:06PM
MLS# 1505526

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.

Located in the private, gated community of Jasper Highlands on the Cumberland Plateau, this 0.93-acre lot in Jasper, Tennessee, offers an opportunity for residential construction. The property is perked for a 3-bedroom home and is situated on a private cul-de-sac off the main roads, surrounded by pine trees. The lot gently slopes to the back. Jasper Highlands provides amenities including two community pools, a kids' play area, a soccer field, tennis and pickleball courts, bocce ball, a putting green, horseshoe pits, dog parks, lending libraries, hiking trails, waterfalls, and an off-grid cabin and treehouse. Social activities, events, and clubs are available. A wellness center and brewery are located just outside the community gates. Local shopping is at the base of the mountain, with Chattanooga 30-45 minutes away and Nashville, Atlanta, and Knoxville within a 2 to 2.5-hour drive. The property is located in a state with no income tax and low property taxes.

Key Highlights

  • Located in Jasper Highlands, a private, gated community on the Cumberland Plateau.
  • Access to numerous community amenities including 2 pools, kids play area, sports courts, dog parks, and hiking trails.
  • Lot is perked for a 3‑bedroom home and situated on a private cul‑de‑sac within the community.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 37347, TN

8,280
Population
3,996
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
48.9 sq mi
ZIP Area
169
Density / Sq Mi
$57,854
Median Household Income
$36,734
Median Earnings
$798
Median Rent
$141,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.93 acre lot in Jasper Highlands, Tennessee.
Where is this residential land & home lot located?
The property is located at 320 Waterwheel Way lot Jf-338 Jasper, TN.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Located in Jasper Highlands, a private, gated community on the Cumberland Plateau.; Access to numerous community amenities including 2 pools, kids play area, sports courts, dog parks, and hiking trails.; Lot is perked for a 3‑bedroom home and situated on a private cul‑de‑sac within the community.
More about this property
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