5 months on rocket

000 Old Furnace Rd, Tellico Plains, TN, 37385

$1,400,000

93.00 Acres
Land

Location

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Property Highlights

Home TypeOther
WaterfrontCreek, Other
ViewMountain(s), Trees/Woods
MLS #1270483
Lot Size93.00 Acres
StatusActive

About 000 Old Furnace Rd

Rare find in Southeastern Tennessee! Discover 93 acres of raw mountain land in Tellico Plains. This property offers the potential for logging or development, subdivided with 19 separate lots. Nestled within the property, Lyons Creek adds to its natural charm, while approximately 2674 feet of the northeastern boundary directly borders the Cherokee National Forest. Take advantage of the Greenbelt tax status to enjoy a tax exemption.

Property Details

Property Features

Listing Office:

  • Office Name: Skyway Realty Land & Homes
  • Office Phone: (423) 253-7100

Exterior Features

Exterior Information:

  • Waterfront: Creek, Other
  • View: Mountain(s), Trees/Woods

Lot Features

Lot Information:

  • Lot: Creek, Private, Rolling/Hilly, Wooded, Irregular Lot, Other
  • Lot Size: 93.00 Acres

Other

Directions Information:

  • Directions: From Historic Downtown Tellico Plains, Turn left onto TN-68 S/New Hwy 68/Unicoi Tpke for 7.0 mi, then turn left onto Old Furnace Rd 1.3 mi. Destination will be on the left. From Cherohala Skyway, right across from Tellico Beach, about 6.1 miles on Old Furnace Rd. Property will be on the right. From TN-68, turn on to Roberts Lane. Property is about 0.6 miles to the left. Follow signs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
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Housing Market Comparison

See how this home compares to others in Tellico Plains, TN.

Med. Sold Price

$259K

Med. Price/SqFt

$177

Avg. Days On Market

51

# of Sold Homes

7

000 Old Furnace Rd vs Tellico Plains

153 DAYS ON ROCKET

+102 Days

$1,400,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Tellico Plains, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1270483

Listing Office:

  • Office Name: Skyway Realty Land & Homes
  • Office Phone: (423) 253-7100

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, 7:21:07 PM 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

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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-1058493
3
/10
  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 6.74 miles

  • Public District Grades PK-4

school-card-donut-1058494
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 17.86 miles

  • Public District Grades 3-5

school-card-donut-1058495
4
/10
  • Copper Basin Elementary School

  • 206 Cougar Dr

  • 19.40 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,860. Typical income of Tellico Plains, TN residents is less than $35k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 000 Old Furnace Rd

What is the listing price of this property?

The listing price of 000 Old Furnace Rd property is $1,400,000.

What type of property is this?

The property 000 Old Furnace Rd is land located in Tellico Plains, Tennessee, 37385.

Is this property for sale now?

Active Listing: 000 Old Furnace Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 000 Old Furnace Rd is 93.00 acres.
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Rocket HomesTennesseeMonroe CountyTellico Plains37385000 Old Furnace Rd

This home is located at 000 Old Furnace Rd in Tellico Plains, TN and zip code 37385. This home sits on a 93.00 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $1,400,000.

Over 1 listings were sold over their listed price in November 2024 in Tellico Plains, TN. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. Between October 2024 and November 2024, Tellico Plains, TN real estate market has seen increase in the number of listings by 2%. In November 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $259,050.

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

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