$2,232,000

0 1 Cherohala Skyway Unit 1323018 Tellico Plains, TN 37385

Estimated payment $11,794/month

5.58 Acres
$400,000 Price per Acre
243,065 Sq Ft Lot

About This Lot

Premier Acreage - READY TO BUILD near downtown Tellico Plains at the corner of Veterans Memorial and Cherohala Skyway! 5.58 Acre Tract Available. Level, cleared lot in commercial corridor. No clearing costs. Dirt to development in record time. This is the site that saves you 6 months and significant capital before you even break ground. All utilities accessible. POSITIONED AT THE EPICENTER OF EAST TENNESSEE'S TOURISM BOOM Tellico Plains - a vintage mountain town experiencing a remarkable renaissance as Tennessee's newest must-visit destination. With an estimated $31.7 billion in tourism revenue flowing into Tennessee's economy, this strategic location places you at the gateway to some of the nation's most sought-after outdoor recreation and scenic driving experiences. The Cherohala Skyway is a 43-mile National Scenic Byway connecting Tellico Plains to Robbinsville, North Carolina, completed at a cost of $100 Million. '' Featured as one of the Discovery Channel's Top 10 Motorcycle Rides in North America. UNPRECEDENTED GROWTH: Real Estate Performance: Tellico Plains has experienced some of the highest home appreciation rates in the nation over the last 10 years, with real estate appreciating 145.57% - an average annual appreciation rate of 9.40%, placing Tellico Plains in the top 10% nationally for real estate appreciation. The area has experienced explosive growth in hospitality and dining establishments, transforming from a quiet lumber town into a sophisticated mountain resort community while maintaining its authentic charm. TARGET MARKET: ADVENTURE SEEKERS & EXPERIENCE-DRIVEN TRAVELERS Motorcycle enthusiasts (estimated 2+ million annually travel through the region for the Dragon and Skyway) Outdoor recreation enthusiasts, Second-home buyers seeking mountain escapes, Eco-tourism and luxury travelers, Baby boomers and retirees relocating. Tellico Plains has emerged as a culinary hotspot Tellicafe - Monroe County's premiere restaurant, helmed by a Certified Executive Chef from the Culinary Institute of America, featuring an impressive diverse menu. Iron Works Grille - Riverside dining on the Cherohala Skyway with hand-crafted cocktails. Tellico Grains Bakery - destination bakery offering fresh-baked breads, brick-fired pizza, and artisan pastries. Peach Street Grill - locally sourced menu rivaling big city restaurants. La Loteria - authentic Mexican cuisine that visitors rave about EMERGING RETAIL SOPHISTICATION The downtown district has evolved beyond typical small-town offerings to feature: Abstract - a thoughtfully curated art and design shop offering quality furniture, bedding, accessories, and gift items, with personal design consultation services. Tellico Outfitters - premier fly-fishing outfitters with guided mountain trips. Tellico Arts Center - featuring over 80 local artists. Scott Street Gallery - local and regional fine art. Wren Rock Mercantile - curated antiques and artisan goods. Tellico Goods and Gear WORLD-CLASS ATTRACTIONS WITHIN 50 MILES The Lost Sea (35 miles): America's largest underground lake attracting about 2,000 visitors daily. Bald River Falls: A breathtaking 90-foot waterfall with newly completed bridge and pedestrian overlook. Cherokee National Forest, and Great Smoky Mountains National Park. Strategic Location: • 1 hour from Knoxville TYS Airport - 35 miles • 1.5 hrs from Chattanooga • 2.5 hrs from Atlanta

Listing Agent

Mike Fuller

Mike Fuller Realty & Co License #249198 Listed on: 11/26/2025

Co-Listing Agent

Suzanne Fuller

Mike Fuller Realty & Co License #335278

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 5.58 Acre Lot
  • Lot Dimensions are 175x288.18
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as Zoned Commercial

Parking

  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 146b a 003.00

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Directions: From Knoxville, follow US-129 S and US-411 S to TN-68 S/New Hwy 68 in Madisonville. Take the TN-68 exit from US-411 S. Turn right onto Broadway SW Turn left onto Oak Ave Turn left onto Blackstock Ave Turn right onto N 17th St Turn left onto Ailor Ave Use the right lane to take the US-129 S ramp Continue onto US-129 S Keep right to stay on US-129 S, follow signs for US-411 S/Fontana/Atlanta Pass by First Horizon Bank - Maryville, TN - West Broadway Continue onto US-411 S Take the TN-68 exit toward Sweetwater/Tellico Plains Drive to TN 165 E/Cherohala Skyway
  • Prop. Type: Land
  • Lot Size Acres: 5.58
  • Lot Size: 175x288.18
  • Road Frontage Type: Paved
  • Co List Office Phone: 865-909-7471
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level
  • Topography: Level, Cleared

Lot Info

  • Parcel #: 146b a 003.00
  • Zoning Description: Zoned Commercial

Tax Info

  • Tax Annual Amount: 500.36

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $2,232,000 -- --
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1323018

East Tennessee REALTORS® MLS