$450,000
$33K PRICE DROP

0 Rhea County Hwy Unit 20250049 Dayton, TN 37321

Estimated payment $2,532/month

Total Views 8,474
46 Acres
$9,783 Price per Acre
2,003,760 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • 46 Acre Lot
  • No HOA
  • Panoramic View
  • Wooded Lot
  • 4-minute walk to Pendegrass Park

About This Lot

WELCOME TO THE RHEA 46...A LAND TRACT OFFERING GREAT FLEXIBILITY AND INCREDIBLE POTENTIAL! Located just three miles north of Dayton, off of Highway 27, the 46± acre Rhea County, TN property is currently used for deer and turkey hunting, although originally purchased with plans to be transformed into a luxury subdivision. With preliminary development plans already in place, the property has an exceptional opportunity for developers and those looking to build their dream home. Upon initial visit to the property, the view from the top of the ridge was absolutely eye-catching! When you visit, be sure to stop there and take in the incredible views of Dayton Mountain and the Tennessee Valley.Rhea County is experiencing a significant housing shortage, making this property a prime candidate to address the growing demand for new homes. The land offers easy access to Dayton while still providing the peace and privacy of a country setting. Whether you're looking to develop the property into a neighborhood or simply desire a secluded retreat, this parcel offers the best of both worlds. The land features a large, beautiful field with mature cedar and pine trees ideal for creating multiple home sites or even constructing a single- family estate. Picture building your dream home on a hill, enjoying views across your 46± acre parcel, all while being close to town yet surrounded by nature.Although currently outside the city limits, this property is within reach of annexation, adding potential for future growth and expansion. Whether for residential development or a private retreat, this piece of land offers a unique blend of rural tranquility and strategic potential. Additional acreage is available.

Listing Agent

Jason Heathcoe

SmallTown Hunting Properties & Real Estate, LLC License #342053 Listed on: 01/03/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $304

Lot Details

  • 46 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • Panoramic
  • City
  • Trees
  • Ridge
  • Pasture
  • Mountain
  • Hills
  • Forest
  • Valley

Schools

  • Frazier K-5 Elementary School
  • Rhea Middle School
  • Rhea County High School

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 083 036.01

Property Details

Property Type

Land

Est. Annual Taxes

$304

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 46.0
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Directions: Directions From Dayton, TN: Travel 0.2 miles on Market Street toward 3rd Avenue. Continue on Market St (TN-378) for 0.4 miles. Turn left onto Rhea County Hwy (US-27 N) and continue 3 miles. Turn right onto Lower Hensley Lane and in 0.2 miles you will arrive at the property.
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Mini Storage, Vacant, Agricultural, Cattle, Development, Farm, Grazing, Horses, Hunting, Industrial, Investment, Medical/Dental, Single Family, Subdivision
  • Community Features:None3: Yes

Exterior Features

  • Lot Features: Wooded, Pasture, Level, Greenbelt, Cleared
  • View: Valley, Trees/Woods, Ridge, Pasture, Panoramic, Mountain(s), Hills, Forest, City
  • View: Yes
  • Waterfront: No
  • Other Structures: None
  • Property Condition: None
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Pasture2: Yes
  • Lot Features:Greenbelt: Yes

Utilities

  • Sewer: Public Sewer
  • Electricity On Property: Yes
  • Utilities: Water Available, Sewer Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None7: Yes

Schools

  • Elementary School: Frazier K-5
  • High School: Rhea County
  • Middle Or Junior School: Rhea

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 2003760.0
  • Additional Parcels: No
  • Parcel #: 083 036.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 303.85
  • Tax Book Number: 505

Map

Range of Values:

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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 Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $450,000 -6.8% --
01/03/2025 01/03/25 For Sale $483,000 -- --
Source: River Counties Association of REALTORS®

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Source: River Counties Association of REALTORS®

MLS Number: 20250049

River Counties Association of REALTORS®