1950 Knoxville Hwy Unit 1950 Wartburg, TN 37887
Estimated payment $23,665/month
Total Views
220,053
24
Acres
$174,949
Price per Acre
1,060,686
Sq Ft Lot
Highlights
- RV Access or Parking
- Pond
- Fenced
- Mountain View
- Lake, Pond or Stream
About This Lot
Located in the picturesque area of Wartburg, TN, and strategically situated right off HWY 62, this 25-acre parcel of prime land presents an exceptional opportunity for savvy developers and investors. The land, boasting vast expanses of developable terrain, is perfectly poised for a variety of commercial ventures, including a hotel, restaurant, grocery store, or mixed-use development. Given its proximity to major tourist attractions such as the Brushy Mountain State Penitentiary and Frozen Head State Park, the location is a magnet for both local and visiting patrons. This unique blend of natural beauty and historical significance ensures a steady stream of visitors year-round, offering an ideal backdrop for a thriving business hub. The property's easy access to major transportation routes, combined with the allure of surrounding natural landscapes and attractions, makes it a highly desirable spot for development projects aimed at tapping into the tourism and retail markets. Whether looking to build a boutique hotel that caters to adventure-seekers and history buffs, a restaurant that serves as a culinary gateway to the region, or a retail complex that meets the needs of locals and tourists alike, this land offers the flexibility and location to make those visions a reality. In essence, this 25-acre plot is not just land; it's a blank canvas for creating a landmark destination in Wartburg, TN. Its potential for generating significant returns on investment through a well-conceived development project is immense. For investors and developers with a vision to blend commerce with the captivating charm of Tennessee's landscapes and historical sites, this opportunity is unparalleled.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,101
Lot Details
- 24.35 Acre Lot
- Fenced
- Cleared Lot
- Finished Lot(s)
- Zoning described as Zoned Residential, Zoned Agricultural
Property Views
- Mountain Views
Parking
- Driveway
- RV Access or Parking
Outdoor Features
- Pond
- Lake, Pond or Stream
Utilities
- Gas Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 108 013.02 and 108 013.09
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 |
|---|---|---|---|---|
| 2024 | $1,101 | $40,475 | $12,975 | $27,500 |
| 2023 | $1,101 | $40,475 | $12,975 | $27,500 |
| 2022 | $1,101 | $40,475 | $12,975 | $27,500 |
| 2021 | $1,101 | $40,475 | $12,975 | $27,500 |
| 2020 | $1,273 | $40,475 | $12,975 | $27,500 |
| 2019 | $1,273 | $38,925 | $18,950 | $19,975 |
| 2018 | $1,162 | $35,525 | $17,275 | $18,250 |
| 2017 | $1,123 | $35,525 | $17,275 | $18,250 |
| 2016 | $1,123 | $35,525 | $17,275 | $18,250 |
| 2015 | $1,101 | $35,525 | $17,275 | $18,250 |
| 2014 | $1,080 | $34,850 | $17,275 | $17,575 |
| 2013 | $1,080 | $34,854 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | For Sale | $4,260,000 | 0.0% | -- |
| 09/15/2024 09/15/24 | Off Market | $4,260,000 | -- | -- |
| 03/18/2024 03/18/24 | For Sale | $4,260,000 | 0.0% | -- |
| 03/15/2024 03/15/24 | Off Market | $4,260,000 | -- | -- |
| 03/09/2024 03/09/24 | Price Changed | $4,260,000 | -0.1% | -- |
| 11/27/2023 11/27/23 | Price Changed | $4,265,000 | -0.2% | -- |
| 10/11/2023 10/11/23 | Price Changed | $4,275,000 | -0.6% | -- |
| 08/23/2023 08/23/23 | Price Changed | $4,300,000 | -4.4% | -- |
| 06/26/2023 06/26/23 | Price Changed | $4,500,000 | -10.0% | -- |
| 01/19/2023 01/19/23 | Price Changed | $5,000,000 | -28.6% | -- |
| 09/15/2022 09/15/22 | For Sale | $7,000,000 | -- | -- |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $18,500 | -- | |
| Deed | $54,450 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $113,910 | New Conventional |
Source: Public Records
About the Listing Agent
The youngest of seven children, I grew up in New Canaan, Connecticut, took up competitive diving, and earned an athletic scholarship to Virginia Tech University. After graduating from Tech, I moved with my family to Florida, New York and then finally, thankfully, to Knoxville in 2000. I love the climate and most of all, the people of Knoxville.
My experience includes sales and management jobs with Brookstone, TGI Fridays, The Walt Disney Company and State Farm Insurance, and most
Martha's Other Listings
Source: East Tennessee REALTORS® MLS
MLS Number: 1205943
APN: 108-013.02
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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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