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Gated Mountain Home Site with Well
For Sale
$129,900

331 Chestnut Ridge Road, Walland, TN 37886

5.17-acre gated community lot with a leveled build area, gravel drive, and an existing capped well.

Property Size225,204 SF
Lot Size5.17 Acres
Price / SF$0.58
Days on Market1236

Property Features for 331 Chestnut Ridge Road

General Information

Standard status Active
Size 225,204 SF
Lot size 5.17 Acres
Property subtype Lots & Acreage

Taxes and HOA fees

Annual Taxes $292

Amenities

True
Listing Agency: Pristine Realty
Listed By: Craig Stephenson
Source: Compass
Added: Apr 8, 2023 Changed: Aug 8 Last Checked: Mar 25 at 3:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pristine Realty

Investment Insights

Based on property information with market context.

This 5.17-acre homesite in a gated Chestnut Ridge community is already graded and mostly prepared for construction. The property includes a leveled build site area approximately 40 feet wide by 60 to 70 feet deep, with the option to accommodate a larger footprint if desired. Existing site improvements include a 400-foot deep well that has been capped and is awaiting activation, a gravel driveway running up to the build site, and a storage shed with a lockable door. A temporary power pole and meter base are also in place.

The driveway is steep toward the top and includes a steeper section near the upper portion. Access is described as suitable for 4WD or AWD vehicles; alternatively, visitors may park near the level driveway section at the bottom and walk up to the build area. Please do not drive onto the leveled build site plateau at the top; if driving to the top, park in front of the shed to the left. The capped well and site infrastructure can support development planning, and buyers are encouraged to verify measurements and perform their own due diligence, including a survey and inspections.

Key Highlights

  • 5.17‑acre lot in the Chestnut Ridge gated community with a graded and mostly prepared build site
  • Leveled build area estimated at about 40 ft wide x 60 to 70 ft long (front to rear)
  • Gravel driveway runs to the top build site with a steeper section near the top

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hotel & Motel Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 37886, TN

4,481
Population
1,808
Households
2.5
Avg Household Size
50
Median Age
25%
College-Educated
89%
High-School Grad
42.4 sq mi
ZIP Area
106
Density / Sq Mi
$65,719
Median Household Income
$41,112
Median Earnings
$973
Median Rent
$207,000
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.17-acre gated community lot with a leveled build area, gravel drive, and an existing capped well.
Where is this residential land & home lot located?
The property is located at 331 Chestnut Ridge Road Walland, TN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 5.17‑acre lot in the Chestnut Ridge gated community with a graded and mostly prepared build site; Leveled build area estimated at about 40 ft wide x 60 to 70 ft long (front to rear); Gravel driveway runs to the top build site with a steeper section near the top
More about this property
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