3 months on rocket

00 Chestnut Stump Rd, Lafollette, TN, 37766

$130,000

10.50 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Trees/Woods, Lake
MLS #1276703
Lot Size10.50 Acres
StatusActive

About 00 Chestnut Stump Rd

Discover a rare opportunity to own 10.5 acres of wooded land with breathtaking views of Norris Lake, one of Tennessee's most beautiful lakes. This property offers the perfect blend of privacy and convenience, making it an ideal location to build your dream home or a lucrative investment opportunity. For Home Builders: Imagine your dream home nestled in a serene wooded landscape, offering complete privacy and spectacular lake and mountain views. Enjoy the tranquility of nature while being just 9 miles from town, providing easy access to all necessary conveniences in La Follette. Whitman Hollow Marina is just a 15-minute drive away, where they offer boat rentals, covered boat slip rentals as well as a full-service dining experience and live entertainment at Froggies Patio Bar. For Investors: This unrestricted land presents a fantastic investment opportunity. The 10.5-acre parcel can be subdivided, subject to Campbell County Planning Commission processes, allowing for multiple building sites. The demand for property in this scenic area is high, making it a smart choice for investors. Don't miss this unique chance to own a piece of Tennessee's natural beauty. Whether you're looking to build your forever home or invest in a profitable property, this 10.5-acre parcel on Chestnut Stump Rd offers endless possibilities. The property also offers logging opportunities when considering clearing options. The corner of the property touches Zone 3 TVA land at the lake which is deemed ''sensitive resources''. The property would not have the option for a dock per TVA.

Property Details

Property Features

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods, Lake

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded, Irregular Lot
  • Lot Size: 10.50 Acres

Other

Directions Information:

  • Directions: I-75 to Exit 134 (Caryville/Jacksboro/LaFollette); Take US 25W N (Veterans Memorial Hwy) toward Jacksboro/LaFollette. Continue approximately 6.5 miles, turn right onto Hunters Branch Road. At the stop sign turn right onto Demory Road. Turn right onto Grantsboro Road, at the Y. Turn right onto Chestnut Stump Road and turn right again to remain on Chestnut Stump Road. The property is on your left, directly across the street from 1714 Chestnut Stump Rd. Sign on the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
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Housing Market Comparison

See how this home compares to others in La Follette, TN.

Med. Sold Price

$260K

Med. Price/SqFt

$176

Avg. Days On Market

69

# of Sold Homes

13

00 Chestnut Stump Rd vs La Follette

96 DAYS ON ROCKET

+27 Days

$130,000

-$130K Less

KEY TAKEAWAY

This property is $130K less than the Median Sold Price in La Follette, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1276703

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-938497
7
/10
  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 4.32 miles

  • Public District Grades PK-6

school-card-donut-938498
4
/10
  • Lake City Elementary School

  • 402 Lindsay Ave

  • 5.60 miles

  • Public District Grades PK-5

school-card-donut-938499
4
/10
  • Caryville Elementary School

  • 120 Cardinal Ln

  • 5.71 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,696. Typical income of La Follette, TN residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 00 Chestnut Stump Rd

What is the listing price of this property?

The listing price of 00 Chestnut Stump Rd property is $130,000.

What type of property is this?

The property 00 Chestnut Stump Rd is land located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 00 Chestnut Stump Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 00 Chestnut Stump Rd is 10.50 acres.
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Rocket HomesTennesseeCampbell CountyLa Follette3776600 Chestnut Stump Rd

This home is located at 00 Chestnut Stump Rd in Lafollette, TN and zip code 37766 in the Leisure Lakeland neighborhood. This home sits on a 10.50 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $130,000.

Over 5 listings were sold over their listed price in November 2024 in La Follette, TN. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $260,000.

From Rocket Homes Real Estate and based on county public records data.

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