$2,240,000
$10K PRICE DROP

400 Summit Chase Rd Cedar Grove, TN 38321

Estimated payment $12,431/month

Total Views 16,154
6 Acres
$379,661 Price per Acre
257,004 Sq Ft Lot

Highlights

  • Lake Front
  • Home fronts a pond
  • Pond
  • Pool House
  • Lake Privileges
  • Wooded Lot

About This Lot

For sale is the former Falcon Ridge Golf Course located about 15 minutes from Lexington, TN and about 20 minutes from Jackson, TN. This property has 353+/- acres, 150+/- acres of hardwood timber, several small ponds, two gorgeous spring fed lakes. The large lake is approximately 20+/- acres and the smaller is 11+/- acres. The lakes are stocked and beautiful in the springs. All water, electrical, sewer, paved roads, cart paths, and several buildings used previously as a golf shop, clubhouse, and equipment shed. Property is located about halfway between Memphis and Nashville and 20 minutes east of Jackson, TN. There are tons of options with this property, with no restrictions it would make a very unique private hunting, fishing retreat, campground, another golf course, or a beautiful subdivison with lakes in place. Some fairways and greens have been planted. The cart paths provide great access into property. Over 6 miles of paved trails, a newer modular home with over 2,504 sqft, a 2200 sqft pavillion, a wired 2322 sqft metal shop w/ 4 10x10 doors, and much more!

Listing Agent

Talonda Melton-Mays

The People's RE Group License #319371

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $144

Year Built

  • 2002

Lot Details

  • 5.9 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Wooded Lot
  • Zoning described as Singlefamres

Property Views

  • Lake
  • Pond
  • Golf Course
  • Creek or Stream

Parking

  • Paved Parking
  • Additional Parking

Farming

  • Agricultural
  • Pasture

Mobile Home

Additional Features

  • Residence on Property
  • Property is near a golf course
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020 015.02

Community Details

Overview

  • Falcon Ridge Subdivision

Recreation

  • Pool House
  • Pond
  • Lake Privileges
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$144

Year Built

2002

Lot Details

0

Listing Details

  • Property Sub-Type: Agriculture
  • Current Use: Residential, Single Family
  • Lot Size Acres: 5.9
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View Type:Pond View: Creek/Stream, Golf Course, Lake, Pond, Water
  • Co List Office Phone: 731-513-5553
  • MLS Status: Active
  • Subdivision Name: Falcon Ridge
  • Location Tax and Legal:Tax Annual Amount: 143.52
  • Location Tax and Legal Parcel Number2: 020 015.02
  • General Property Information Lot Size Acres: 5.9
  • General Property Information Lot Size Dimensions: 353
  • Location Tax and Legal Zoning Description2: Singlefamres
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information:Land Lease YN2: No
  • Other Structures:Workshop: Yes
  • Other Structures:Out Building: Yes
  • Other Structures Residence: Yes
  • General Property Information Auction YN2: No
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Road Frontage Type:Private Road: Yes
  • General Property Information Electric On Property YN: Yes
  • View Water3: Yes
  • Other Structures Pool House: Yes
  • Lot Features Pond On Lot2: Yes
  • View:Lake2: Yes
  • ViewPond: Yes
  • Other Structures:Shed(s): Yes
  • View Golf Course3: Yes
  • Other Structures Mobile Home: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 2002

Interior Features

  • Possible Use: Agricultural, Commercial, Development, Farm, Horses, Hunting, Livestock, Plantable, Recreational, Single Family, Subdivision, Timber

Exterior Features

  • View: Yes
  • Waterfront Features: Lake Front, Lake Privileges, Pond, Waterfront
  • Waterfront: Yes
  • Other Structures: Mobile Home, Outbuilding, Pool House, Residence, Shed(s), Workshop
  • Lot Features:Wooded: Yes
  • Lot Features:See Remarks14: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Waterfront Features:Waterfront3: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Pasture2: Yes
  • Lot Features:Near Golf Course: Yes
  • View:CreekStream: Yes

Garage/Parking

  • Parking Features: Additional Parking, Paved, Other
  • Parking Features:Additional Parking: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Septic Tank
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer Septic Tank: Yes

Lot Info

  • Parcel Number: 020 015.02
  • Land Lease: No
  • Lot Dimensions: 353
  • Lot Size Sq Ft: 257004.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 150.0
  • Zoning Description: Singlefamres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 143.52
  • Tax Map Number: 033

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

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 $2,121 $134,125 $3,625 $130,500
2023 $2,121 $134,125 $3,625 $130,500
2022 $2,089 $88,125 $2,500 $85,625
2021 $2,089 $88,125 $2,500 $85,625
2020 $2,188 $92,300 $6,675 $85,625
2019 $2,188 $92,300 $6,675 $85,625
2018 $1,949 $85,375 $6,675 $78,700
2017 $2,023 $88,625 $6,675 $81,950
2016 $2,044 $86,025 $6,675 $79,350
2015 $2,041 $85,925 $6,675 $79,250
2014 -- $85,921 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 For Sale $2,240,000 0.0% --
11/01/2022 11/01/22 Off Market $2,240,000 -- --
07/30/2022 07/30/22 Price Changed $2,240,000 -0.4% --
04/21/2022 04/21/22 For Sale $2,250,000 0.0% --
04/15/2022 04/15/22 Off Market $2,250,000 -- --
10/28/2021 10/28/21 For Sale $2,250,000 -- --
Source: Central West Tennessee Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $273,000 --
Special Warranty Deed $145,500 --
Deed $175,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Source: Public Records

Source: Central West Tennessee Association of REALTORS®

MLS Number: 209825

Central West Tennessee Association of REALTORS®

APN: 020-020.00