Gated Mountain Building
For Sale
$93,000
Waterwheel Way, Jasper, TN 37347
LAND - Jasper, TN
Property SizeContact for details
Lot Size1.35 Acres
Days on Market162
Property Features for Waterwheel Way
General Information
Property type
Land
Property subtype
Other
Zoning description
Zoned Residential
Subdivision
Jasper Highlands 5-A
Lot features
Rolling, Wooded
Directions
From Jasper Highlands Blvd turn in at the gate. then right onto Raulston Falls Rd then left onto Crockett Pointe, then right onto Waterwheel Way. Lot #342 is on the right. No signs allowed.
Standard status
Active
APN
094 005.23
Lot size
1.35 Acres
Taxes and HOA fees
Tax Annual Amount
411
HOA Fee
$2,775 Annually
Listing Agency:
Isham-Jones Realty
(931) 994-0022
Listed By:
Brian Hall
(931) 200-6493
Added: Mar 16
Changed: Jun 10
Last Checked: Aug 24 at 11:06AM
MLS# 1332940
Copyright © 2026 East Tennessee 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 1.35-acre building lot is located within a gated community and includes a seasonal creek on the property. The lot is identified as lot #342, and the original survey and soil mapping on file indicate it is approved for up to three bedrooms. Utilities listed for the community include high-speed gigabit internet provided by Sequatchie Valley Electric, city water, and underground electric service.
Jasper Highlands is described as a master planned, mountain community spanning 9,000 acres with miles of hiking trails. The property is approximately 30 minutes from Chattanooga and about 1 hour 30 minutes east of Nashville. Community amenities referenced include Inspiration Park with a pool and open-air pavilion, Raulston Park with a 100-foot waterfall, and additional outdoor recreation spaces and parks.
For buyers looking to build, the documented three-bedroom approval and the availability of city water and underground electric can help streamline planning. The community also notes covenants and restrictions on file, along with POA fees of $2,775 per year that include fire protection. Transfer fees may apply at closing and should be confirmed with the management company. Buyers are encouraged to verify all statements and information before making an offer.
Jasper Highlands is described as a master planned, mountain community spanning 9,000 acres with miles of hiking trails. The property is approximately 30 minutes from Chattanooga and about 1 hour 30 minutes east of Nashville. Community amenities referenced include Inspiration Park with a pool and open-air pavilion, Raulston Park with a 100-foot waterfall, and additional outdoor recreation spaces and parks.
For buyers looking to build, the documented three-bedroom approval and the availability of city water and underground electric can help streamline planning. The community also notes covenants and restrictions on file, along with POA fees of $2,775 per year that include fire protection. Transfer fees may apply at closing and should be confirmed with the management company. Buyers are encouraged to verify all statements and information before making an offer.
Key Highlights
- 1.35‑acre building lot in the gated Jasper Highlands community
- Seasonal creek on the property
- Approved for up to three bedrooms per the original survey and soil mapping on file
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.35-acre lot in a gated mountain community with a seasonal creek and approval for up to three bedrooms.
Where is this residential land & home lot located?
The property is located at Waterwheel Way Jasper, TN.
What is the asking price?
The asking price for this property is $93,000.
What are key features of this property?
This property features: 1.35‑acre building lot in the gated Jasper Highlands community; Seasonal creek on the property; Approved for up to three bedrooms per the original survey and soil mapping on file
