Nestled in the rolling hills of Sharps Chapel, TN, this 5.16-acre property offers the perfect canvas for your dream home. Located in a gated community near the picturesque Norris Lake, this land combines privacy with natural beauty and offers recreational amenities such as a community dock, club house and swimming pool. This Sharps Chapel acreage presents an excellent opportunity to build your ideal single-family home amidst stunning rolling terrain. Electricity is already available at the road, bringing you one step closer to realizing your rural Tennessee dream. While a septic system and well will need to be installed, these additions allow for customization to suit your needs. Sharps Chapel, just 40 miles north of Knoxville, offers a perfect blend of natural beauty and accessibility. The proximity to Norris Lake adds to its appeal, providing opportunities for fishing, kayaking, and other water activities. Situated in the Appalachian Mountains, the property features elevations ranging from 900 to 1,500 feet above sea level, potentially offering breathtaking views of the surrounding countryside and glimpses of Norris Lake. Sharps Chapel's land market has shown steady appreciation, with growing interest from out-of-state buyers seeking vacation properties or retirement homes. As demand for rural properties with water access continues to rise, this 5.16-acre parcel represents a solid investment opportunity in a burgeoning market. Ready to make this Sharps Chapel acreage your own? Contact us today to schedule a viewing and take the first step towards owning your piece of Tennessee.
Property Details
Property Features
Listing Office:
Office Name: The Real Estate Depot, LLC
Office Phone: (865) 440-9709
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 5.16 Acres
Other
Directions Information:
Directions: From Knoxville - 640 E to Old Broadway, Left on Broadway, Left on Sharps Chapel Rd, Right on Leadmine Bend Rd, Slight right on Old Leadmine Bend Rd, Right on Mountain Way.
Price Information
Listing Price Info
Price Summary:
List Price: $49,900
HOA Fees:
Amount: $500
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1281304
Listing Office:
Office Name: The Real Estate Depot, LLC
Office Phone: (865) 440-9709
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$358
Per Month
Principal & Interest
$250
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)
$41
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
$216
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
Valley View Elementary School
1187 Old Middlesboro Hwy
Distance between this listing and this school11.11 miles
Public District Grades PK-5
5
/10
Big Ridge Elementary School
3420 Hickory Valley Rd
Distance between this listing and this school11.64 miles
Public District Grades PK-5
6
/10
Tazewell-New Tazewell Elementary School
501 Davis Dr
Distance between this listing and this school13.98 miles
Public District Grades KG-4
Nearby Schools
6
/10
Sharps Chapel Elementary School
1550 Sharps Chapel Rd
Distance between this listing and this school3.99 miles
Public District Grades PK-8
6
/10
Powell Valley Elementary School
255 Powell Valley School Ln
Distance between this listing and this school7.67 miles
Public District Grades KG-8
6
/10
Midway Elementary School
4411 Clouds Rd
Distance between this listing and this school8.65 miles
Public District Grades PK-8
Nearby Schools
4
/10
Union County High School
150 Main St
Distance between this listing and this school10.95 miles
Public District Grades 9-12
5
/10
Cumberland Gap High School
661 Old Jacksboro Pike
Distance between this listing and this school12.99 miles
Public District Grades 9-12
4
/10
Claiborne High School
815 Davis Dr
Distance between this listing and this school14.39 miles
The neighbors living near this home have an average income of $37,318. Residents of Claiborne County, TN typically earn less than $35k each year. Typical family type 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 LOT132 Mountain Way
What is the listing price of this property?
The listing price of LOT132 Mountain Way property is $49,900.
What type of property is this?
The property LOT132 Mountain Way is land located in Sharps Chapel, Tennessee, 37866.
Is this property for sale now?
Active Listing: LOT132 Mountain Way is For Sale (Active/New) which means the seller is accepting offers.
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 LOT132 Mountain Way in Sharps Chapel, TN and zip code 37866. This home sits on a 5.16 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $49,900.
In October 2024 more than 3 listings in Claiborne County, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 9 were sold below. The number of listings in Claiborne County, TN decreased by 3.6% between September 2024 and October 2024. Listings spent 128 days on the market in October 2024, and had a median list price of $249,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Dollar General
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
Ram
GMC
Chevrolet
Classic Country
New Country