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BJ Can Help You Purchase This Property
Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find that perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!
00 Chestnut Stump Rd, LaFollette, 37766
Priced At: $130,000
Property Details for ID: 1276703
MLS Status: Active
Property Type: Land
On Market Date: 2024-09-17T13:38:13Z
Public Remarks: Discover a rare opportunity to own 10.5 acres of wooded land with breathtaking views of Norris Lake, one of Tennessee's most beautiful lakes. This property offers the perfect blend of privacy and convenience, making it an ideal location to build your dream home or a lucrative investment opportunity. For Home Builders: Imagine your dream home nestled in a serene wooded landscape, offering complete privacy and spectacular lake and mountain views. Enjoy the tranquility of nature while being just 9 miles from town, providing easy access to all necessary conveniences in La Follette. Whitman Hollow Marina is just a 15-minute drive away, where they offer boat rentals, covered boat slip rentals as well as a full-service dining experience and live entertainment at Froggies Patio Bar. For Investors: This unrestricted land presents a fantastic investment opportunity. The 10.5-acre parcel can be subdivided, subject to Campbell County Planning Commission processes, allowing for multiple building sites. The demand for property in this scenic area is high, making it a smart choice for investors. Don't miss this unique chance to own a piece of Tennessee's natural beauty. Whether you're looking to build your forever home or invest in a profitable property, this 10.5-acre parcel on Chestnut Stump Rd offers endless possibilities. The property also offers logging opportunities when considering clearing options. The corner of the property touches Zone 3 TVA land at the lake which is deemed ''sensitive resources''. The property would not have the option for a dock per TVA.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
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Directions
I-75 to Exit 134 (Caryville/Jacksboro/LaFollette); Take US 25W N (Veterans Memorial Hwy) toward Jacksboro/LaFollette. Continue approximately 6.5 miles, turn right onto Hunters Branch Road. At the stop sign turn right onto Demory Road. Turn right onto Grantsboro Road, at the Y. Turn right onto Chestnut Stump Road and turn right again to remain on Chestnut Stump Road. The property is on your left, directly across the street from 1714 Chestnut Stump Rd. Sign on the property.
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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!