0 Lakewood Dr Morristown, TN 37814
This exceptional 2-acre property boasts nearly 370 feet of pristine Cherokee Lake shoreline in Hamblen County, Tennessee. Located on Lakewood Drive in Morristown (zip code 37814), this 100% wooded lot offers a secluded setting with a gentle slope down to the lake. The property's APN is 032017IC00500. Buyers have the option to apply for a dock permit through the TVA. The diverse neighborhood allows for a variety of home styles, including manufactured homes, making this an ideal location for a primary residence or a tranquil weekend retreat. The area presents a unique investment opportunity, given the limited availability of short-term rentals on this side of the lake. Enjoy convenient access to downtown Morristown, approximately 10 minutes away, and easy access to Knoxville, Johnson City, Bristol, Pigeon Forge, and Hot Springs, all within an hour's drive. This land offers a rare chance to own a piece of Tennessee's sought-after lakefront property. The asking price is $200,000, representing a price per acre of $100,000.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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