This unrestricted land offers stunning mountain views, and has access to electricity, making it ideal for development, or a serene retreat. All adjacent properties with dwellings have wells, ensuring a reliable water source. Its location is conveniently close to Downtown Mountain City, Sugar Mountain, Boone NC, Blowing Rock NC, The Creeper Trail in Damascus VA, and Watauga Lake, providing a perfect blend of natural beauty and accessibility to amenities in any direction. The property includes both a 5-acre parcel and a 9-acre parcel, offering ample space for various uses. All information subject to buyer verification.
Property Details
Property Features
Listing Office:
Office Name: True North Real Estate
Office Phone: (423) 210-4155
Listing Agent: Daniel Rengering
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot Size: 14.00 Acres
Other
Directions Information:
Directions: From Mountain City, travel Highway 421 towards North Carolina. Right on Highway 167. Travel 2.8 miles, Right on Mining Town Rd., Left on Shady Lane. Travel 0.3 miles. Right on Gate Hollow Lane. Use 248 Gate Hollow Private Lane as GPS. Parcels above and below this GPS property. Sign on the property
Price Information
Listing Price Info
Price Summary:
List Price: $200,000
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 Mountain City, TN.
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.
$1,066
Per Month
Principal & Interest
$999
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
$666
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
4
/10
Roan Creek Elementary School
2410 Roan Creek Rd
Distance between this listing and this school0.43 miles
Public District Grades PK-6
6
/10
Mountain City Elementary School
301 Donnelly St
Distance between this listing and this school3.82 miles
Public District Grades PK-6
5
/10
Doe Elementary School
7164 Highway 67 W
Distance between this listing and this school4.39 miles
Public District Grades PK-6
Nearby Schools
4
/10
Johnson County Middle School
278 Fairground Hl
Distance between this listing and this school4.41 miles
Public District Grades 7-8
6
/10
Mabel School
404 Mabel School Rd
Distance between this listing and this school8.61 miles
Public District Grades PK-8
6
/10
Bethel School
138 Bethel School Rd
Distance between this listing and this school8.93 miles
Public District Grades PK-8
Nearby Schools
6
/10
Johnson County High School
290 Fairground Hl
Distance between this listing and this school4.46 miles
Public District Grades 9-12
6
/10
Holston High School
21308 Monroe Rd
Distance between this listing and this school16.08 miles
Public District Grades 9-12
4
/10
Unaka High School
119 Robinson Ln
Distance between this listing and this school17.35 miles
The neighbors living near this home have an average income of $26,558. The most common annual income of people living in Mountain City, TN is less than $35k. Residents typically live in single, 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 Tbd Gate Hollow Private Lane
What is the listing price of this property?
The listing price of Tbd Gate Hollow Private Lane property is $200,000.
What type of property is this?
The property Tbd Gate Hollow Private Lane is land located in Mountain City, Tennessee, 37683.
Is this property for sale now?
Active Listing: Tbd Gate Hollow Private Lane is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property Tbd Gate Hollow Private Lane is 14.00 acres.
Interested in Tbd Gate Hollow Private Lane? Let's connect.
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 Tbd Gate Hollow Private Lane in Mountain City, TN and zip code 37683. This home sits on a 14.00 acre lot. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $200,000.
Over 1 listings were sold over their listed price in October 2024 in Mountain City, TN. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Mountain City, TN decreased by 7.9% between September 2024 and October 2024. Listings spent 99 days on the market in October 2024, and had a median list price of $264,250 during the same period.
From Rocket Homes Real Estate and based on county public records data.