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000 Old Furnace Rd, Tellico Plains, 37385
Priced At: $1,400,000
Property Details for ID: 1270483
MLS Status: Active
Property Type: Land
On Market Date: 2024-07-27T07:15:36Z
Public Remarks: 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.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
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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.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!