Welcome to Espalier Bay, where luxury living meets riverside serenity. Nestled within this prestigious subdivision lies a rare gem - a 1.59 acre lot, one of the last parcels allowed for a private dock. Set against the picturesque backdrop of the Tennessee River, this coveted property offers unparalleled vistas that seamlessly blend with the natural beauty of its surroundings. With most of the land thoughtfully cleared, envision crafting your dream residence amidst the tranquility of Espalier Bay. This lot presents an extraordinary opportunity to create your own riverside retreat, where days are spent basking in the sun's warm embrace and evenings unfold in the gentle embrace of river breezes. Whether you're drawn to the allure of water sports or simply relaxing by the water, this parcel offers the ideal canvas for your dreams. Adding to this exceptional property is the exclusive access to Espalier Bay's amenities, including a community center and a convenient boat ramp. Residents of this subdivision enjoy the convenience of a shared gathering space, perfect for hosting events or simply socializing with neighbors. The community boat ramp provides effortless access to the Tennessee River, ensuring that every aquatic adventure is within reach. Don't miss your chance to secure a slice of paradise in Espalier Bay. Buyer to verify information & TVA permits.
Property Details
Property Features
Listing Office:
Office Name: WEICHERT REALTORS - SEM Associates
Office Phone: (423) 745-2634
Exterior Features
Exterior Information:
Waterfront: River, Water Access
Lot Features
Lot Information:
Lot: Private, River, Rolling/Hilly
Lot Size: 1.59 Acres
Other
Directions Information:
Directions: From Highway 30/58, Go North on 58, take a left onto River Rd. Subdivision will be on then left after a few miles.
Price Information
Listing Price Info
Price Summary:
List Price: $179,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Decatur, TN.
This property is $84.6K less than the Median Sold Price in Decatur, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1265809
Listing Office:
Office Name: WEICHERT REALTORS - SEM Associates
Office Phone: (423) 745-2634
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$965
Per Month
Principal & Interest
$898
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$606
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Meigs North Elementary School
22015 State Highway 58 N
Distance between this listing and this school2.07 miles
Public District Grades PK-5
7
/10
Meigs South Elementary School
9638 State Highway 58 S
Distance between this listing and this school9.91 miles
Public District Grades PK-5
7
/10
Frazier Elementary School
3900 Double S Rd
Distance between this listing and this school9.94 miles
Public District Grades KG-5
Nearby Schools
6
/10
Meigs Middle School
586 N Main St
Distance between this listing and this school2.48 miles
Public District Grades 6-8
5
/10
E K Baker Elementary School
1044 Co 172 Rd
Distance between this listing and this school8.63 miles
Public District Grades PK-8
5
/10
Rogers Creek Elementary School
137 County Road 82
Distance between this listing and this school8.67 miles
Public District Grades PK-8
Nearby Schools
6
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school2.78 miles
Public District Grades 9-12
5
/10
Rhea County High School
885 Eagle Ln
Distance between this listing and this school8.83 miles
Public District Grades 9-12
5
/10
McMinn High School
2215 Congress Pkwy S
Distance between this listing and this school11.84 miles
The neighbors living near this home have an average income of $59,102. Most Decatur, TN residents have annual incomes between $35k-100k. The most common type of family is 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 Espalier Dr
What is the listing price of this property?
The listing price of Espalier Dr property is $179,900.
What type of property is this?
The property Espalier Dr is land located in Decatur, Tennessee, 37322.
Is this property for sale now?
Active Listing: Espalier Dr is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on September 28, 2021 for $75,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Espalier Dr in Decatur, TN and zip code 37322. This home sits on a 1.59 acre lot. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $179,900.
In November 2024 more than 4 listings in Decatur, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Decatur, TN increased by 18.8% between October 2024 and November 2024. In November 2024 median list price was $264,500 and the average listing age was 74 days.
From Rocket Homes Real Estate and based on county public records data.