110 Falls Lane

Spencer, TN 38585

$750,000
Price
435,600 / 10
Lot Size / Acres

Description

Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family or potential investment opportunities. Access...Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family or potential investment opportunities. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home or for renting out as an additional source of income. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license.
  1. Listed by Geoffrey Ramsey • Real Estate Partners Chattanooga LLC

Property Details for 110 Falls Lane

Waterfront
No
LISTING UPDATED: 12/15/2024 02:50 PM

Property Details for 110 Falls Lane

StatusActive
MLS #1385503
Days on Market339
Taxes$472 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size10.00 AC
CountyVan Buren County

Building Information for 110 Falls Lane

Lot Size10.00 AC

Property Information for 110 Falls Lane

Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Van Buren
  • Directions: From Downtown Chattanooga; take US 27 N,; take TN-111 N/Dunlap; take SR-284//Baker Mtn Rd; LT on Baker Rd; LT on Hawks Bluff Rd; RT to stay on Hawks Bluff Rd; RT on Ridge View Dr; LT on Falls Ln; Property is at the end of cul-de-sac.
  • Latitude: 35.630676
  • Longitude: -85.521869
  • Postal Code: 38585
  • State Or Province: TN
  • Subdivision Name: None
Taxes and HOA
  • Tax Legal Description: Wpp LLC Mineral Contract 4 6-6D
  • Parcel Number: 068 092.00
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $472
School Information
  • Middle Or Junior School: Spencer Middle
  • High School: Van Buren County High
  • Elementary School: Spencer Elementary
Property
Lot Information
  • Lot Features: Brow Lot, Level, Rectangular Lot, Rural, Sloped, Wooded, Partially Cleared, Will Not Divide
  • Lot Size Dimensions: 10 Acres
  • Lot Size Acres: 10.0
  • Lot Size Square Feet: 435600.0
  • Lot Size Units: Acres
Property and Assessments
  • Property Type Label: Land
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Farm
  • Improvements : Fenced: Yes
  • Options : Will Not Divide: Yes
Utilities
  • WaterSewer : Well: Yes
  • Water Source: Well
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Exterior Features: Driveway
  • Structures : Residence: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Multi Family
Unit 3
  • Unit 3 Features : Storage: Yes

Property History for 110 Falls Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 110 Falls Lane

Taxable ValueLand$16,275Additions$17,325Total$33,600
Tax Record2023$854 ($71 / month)
Home Facts
Beds0Total Finished SqFt525 SqFtAbove Grade Finished SqFt525 SqFtStories1Lot Size435,600 SqFtStyleSingle Family ResidenceYear Built2022CountyVAN BURENAPN088068 09200

Schools near 110 Falls Lane

This home is within Van Buren County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Spencer Elementary School
PublicPK to 5

Van Buren Co High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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110 Falls Lane is a 10 ac of land for sale in Spencer, TN 38585. This property was listed for sale on January 20, 2024 by Real Estate Partners Chattanooga LLC, it's currently listed at $750,000. It has been on the market for a total of 339 days and was last sold on April 20, 2022. This listing's school district is Van Buren County School District. Nearby schools include Spencer Elementary School and Van Buren Co High School. 110 Falls Lane is a 0-bed, 0-bath, 10 ac of land on a 435,600 sq. ft. / 10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Partners Chattanooga LLC, Geoffrey Ramsey (423.227.5564)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 12/15/2024 02:50 PM