16408 Highway 11 E Lenoir City, TN 37772
Estimated payment $3,257/month
Total Views
1,312
3
Beds
2
Baths
2,170
Sq Ft
$265
Price per Sq Ft
Highlights
- View of Trees or Woods
- Wooded Lot
- No HOA
- 8.5 Acre Lot
- Traditional Architecture
- Storm Windows
About This Home
PLEASE READ!!
This property may be sold as a single parcel or as a whole tract in combination with MLS #: 1312058, as listed by MLS #: 1312020. The houses on this land are not vacant and therefore, any showings of the land or the houses, must be scheduled and confirmed.
Unlock the full potential of this exceptional property located at 16404 & 16408 US Highway 11. Sitting just shy of 11 sprawling acres, this rare offering blends location, accessibility, and development possibilities.
Situated just minutes from the heart of Farragut, this property provides a seamless connection to West Knoxville's thriving residential and commercial corridors while maintaining easy access to I-75, I-40, and Highway 321. Whether your vision is residential, commercial, or mixed-use, the location offers unmatched convenience for both residents and businesses.
Living or working here means being just minutes from top-rated schools, shopping destinations, restaurants, parks, and recreational facilities. Farragut's charm, combined with its steady growth, ensures strong demand and long-term value for any development.
The land offers a versatile mix of open, gently rolling terrain and mature tree lines, creating an ideal balance for both development and natural privacy. With its frontage along US Highway 11, the property ensures high visibility—perfect for future commercial ventures—while still allowing for thoughtfully designed residential communities. Utilities are nearby, making infrastructure planning straightforward for your next project.
Development Possibilities:
Residential subdivision with large estate lots or upscale townhomes - zoning to be confirmed by Buyer.
Commercial or mixed-use complex to meet Farragut's growing demand.
Equestrian estate, farm, or private retreat.
Strategic land hold for future appreciation in a rapidly expanding market.
This is your chance to own a highly desirable piece of East Tennessee real estate in one of the area's fastest-growing and most sought-after corridors.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,488
Year Built
- Built in 1950
Lot Details
- 8.5 Acre Lot
- Level Lot
- Irregular Lot
- Wooded Lot
Property Views
- Woods
- Countryside Views
- Forest
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 2,170 Sq Ft Home
- Wood Burning Fireplace
- Storm Windows
- Range
- Washer and Dryer Hookup
- Unfinished Basement
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Carport Spaces
- 2 Car Parking Spaces
- Parking Available
- Off-Street Parking
Schools
- Highland Park Elementary School
- North Middle School
- Loudon High School
Utilities
- Central Heating and Cooling System
- Private Water Source
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 011 035.00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,488 | $84,125 | $50,100 | $34,025 |
| 2023 | $1,277 | $84,125 | $0 | $0 |
| 2022 | $1,277 | $84,125 | $50,100 | $34,025 |
| 2021 | $1,277 | $84,125 | $50,100 | $34,025 |
| 2020 | $1,382 | $84,125 | $50,100 | $34,025 |
| 2019 | $1,382 | $76,625 | $50,100 | $26,525 |
| 2018 | $1,382 | $76,625 | $50,100 | $26,525 |
| 2017 | $1,382 | $76,625 | $50,100 | $26,525 |
| 2016 | $1,126 | $60,575 | $33,125 | $27,450 |
| 2015 | $1,126 | $60,575 | $33,125 | $27,450 |
| 2014 | $1,126 | $60,575 | $33,125 | $27,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | For Sale | $575,000 | -36.1% | $265 / Sq Ft |
| 08/14/2025 08/14/25 | For Sale | $900,000 | -- | -- |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Homes in Lenoir City, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1312095
APN: 011-035.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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