4 months on rocket

6485 Maynardville Hwy, Maynardville, TN, 37807

$8,000,000

98.62 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Other, Lake
MLS #1268034
Lot Size98.62 Acres
StatusActive

About 6485 Maynardville Hwy

Boasting stunning views of Norris Lake and gorgeous East Tennessee mountain ranges, this expansive 98.62 acre tract offers a blend of level and rolling terrain, cleared and wooded areas, and direct borders with an expansive amount of TVA waterfront land. The topography includes some of the highest vantage points in the area, offering breathtaking views and an ideal setting for a variety of uses. This prime piece of real estate provides the perfect space for multiple building sites or subdivision development, a farm, a resort, the possibilities are endless! This rare offering is bordered by TVA lakefront land and down the street from TVA Recreational property, presenting even more possibilities for development. Perfectly positioned atop the property is a 1600 square foot log home complete with 2 oversized bedrooms, 2 bathrooms, a heated and cooled sunroom. The home offers a family room with a stunning stone fireplace, spacious kitchen, and the entire home is bathed in natural light. A carport and spacious deck provide plenty of options for relaxing and enjoying the views or entertaining. These features make it suitable for immediate occupancy while planning future development or simply as a serene family getaway. With its proximity to Norris Lake, the property serves as a perfect spot for nature lovers and outdoor enthusiasts. This peaceful, private hideaway provides plenty of land for enjoying a nature walk or hike or unobstructed stargazing by night. Nearby Beach Island Marina and Sunset Cove RV Park and Camp offer additional recreational options, including camping and enjoying the lake's many activities. Given its vast size , the land can be subdivided into multiple residential plots or perhaps a subdivision, catering to a growing demand for rural livability with urban accessibility. The mixed terrain supports farming activities, and its designation as a greenbelt provides a tax break and opens up avenues for sustainable living or agricultural projects. Utilize the existing log home as a private retreat from city life or as a seasonal vacation home with year-round potential. With its combination of undeveloped land and an existing residence, prospective buyers have a canvas to either preserve the charm and privacy of the property or to innovate through developing new residences or farming ventures. The proximity to local amenities, combined with the seclusion offered by the extensive acreage, makes it a uniquely appealing proposition. Whether you are envisioning a grand personal estate enveloped by nature, seeking to undertake a new development project, or looking to enjoy a combination of both, 6485 Maynardville Hwy stands as a fitting opportunity ready to meet diverse needs and aspirations. Experience the blend of natural splendor and developmental potential this property offers. For more information or to schedule a visit, please reach out today. Please do not enter the property on your own. There is a gate and there may not be a suitable turn around area. There is an egress easement on one corner of the property. 5.94 acres of the property is across Highway 33

Property Details

Property Features

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Exterior Features

Exterior Information:

  • View: Mountain(s), Other, Lake

Virtual/3D Tour

  • Virtual Tour: 6485 Maynardville Hwy
Virtual Tour

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded
  • Lot Size: 98.62 Acres

Other

Directions Information:

  • Directions: North on Highway 33 (Maynardville Highway). Driveway will be on left, small address marker at the road. No sign on property. There is a gate, no turn around area, do not enter without appointment

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,000,000

Tax Information:

  • Annual Amount: $740
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Maynardville, TN.

Med. Sold Price

$295.5K

Med. Price/SqFt

$189

Avg. Days On Market

26

# of Sold Homes

10

6485 Maynardville Hwy vs Maynardville

138 DAYS ON ROCKET

+112 Days

$8,000,000

+$7.7M More

KEY TAKEAWAY

This property is $7.7M more than the Median Sold Price in Maynardville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1268034

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

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.

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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: 11/15/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 28, 2012Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$740$34,600
2019$875$40,875
2018$875$40,875
2017$733$40,875

History based on county public records data.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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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-289906
6
/10
  • Luttrell Elementary School

  • 241 Tazewell Pike

  • 8.47 miles

  • Public District Grades PK-5

school-card-donut-289907
6
/10
  • Joppa Elementary School

  • 4745 Rutledge Pike

  • 9.65 miles

  • Public District Grades PK-6

school-card-donut-289908
5
/10
  • Big Ridge Elementary School

  • 3420 Hickory Valley Rd

  • 10.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,460. Typical income of Maynardville, TN residents is less than $35k annually. The majority of families are married, no kids. 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 6485 Maynardville Hwy

What is the listing price of this property?

The listing price of 6485 Maynardville Hwy property is $8,000,000.

What type of property is this?

The property 6485 Maynardville Hwy is land located in Maynardville, Tennessee, 37807.

Is this property for sale now?

Active Listing: 6485 Maynardville Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $740 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 28, 2012 for $50,000. (source: MLS/tax record).

How much acreage is this property?

The property 6485 Maynardville Hwy is 98.62 acres.
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Rocket HomesTennesseeUnion CountyMaynardville378076485 Maynardville Hwy

This home is located at 6485 Maynardville Hwy in Maynardville, TN and zip code 37807. This home sits on a 98.62 acre lot. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $8,000,000.

In October 2024, from all listings sold in Maynardville, TN there were more than 2 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. In October 2024 in Maynardville, TN there were 16.7% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $295,500, while the average time on the real estate market was 26 days.

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

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