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5906 Omega Drive, Tallassee, 37878
Priced At: $59,800
Property Details for ID: 1360358
MLS Status: Active
Property Type: Land
On Market Date: 2026-10-28T20:16:15Z
Subdivision: Hideaway Village
Public Remarks: Two adjoining parcels offered together as one homesite in the Top of the World community on Chilhowee Mountain. 5906 & 5908 Omega Drive combine for approx. 0.97 acres per tax records, with approx. 199 ft of frontage on a private gravel road. Gently rolling, easily walkable land with mature hardwoods, a natural knoll and a private, wooded setting. Flood Zone X (minimal risk). Approx. 0.3 mile from the lake. Overhead power along the road; well required. Surveyed with boundary markers in place; plat pending. Soil evaluation scheduled; results will be posted when complete. Close to the Foothills Parkway and about 30 minutes to Alcoa and Maryville. Buyer to verify suitability for intended use, including septic, well, utilities and any HOA, road maintenance or restrictions.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
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Directions
From Alcoa, take TN-35 N, then Wilkinson Pike to Butterfly Gap Loop. Continue to Butterfly Gap Rd and follow it up the mountain. Turn right onto Lakeshore Dr and follow it along the lake. Turn right onto Omega Dr. After the sharp left curve, the property is on the right, sign posted.
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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!