Skip To Content
    Return to Previous Page

    Old Mill Rd

    Tellico Plains, TN 37385
    • $318,000
    • STATUS: Active Under Contract
    • ON SITE: 551 days
    • ID#: 1092541
    Under Contract
    UPDATED: 40 min ago
    $318,000
    • 0
      BEDS
    • 106
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Rural Vale acreage....a special area and a good property! 106 acres mostly flat to gently rolling and all planted in Lob Lolly Pines that are an average height of 30' . This unrestricted land is in the Greenbelt Forestry Tax Status. One can build an exquisitely private home in the heart of this property. There's an eastern part of the property that slopes up the western flank of Mocking Crow Mountain. From that vantage point, and a bit of vista pruning, one would have a great panoramic view of Starr Mountain. With plenty of road frontage, mainly on Dr. Lee Road, this property can be easily divided by the future owner. Great place to make trails through the woods!. With some clearing, and establishing of pasture & fields, it would make a great farm too! Must hike to appreciate!This 106 acre tract is currently a tree farm. the Lob Lolly Pines are about 12 years old at this time. The trees were planted about 8 to 10 feet apart. They can be thinned (removing every other tree) and those trees can be used for fence commercial posts. The remaining trees will grow up to 100' tall and are used for power poles. They should mature in about 12 years. At that time, the estimated value of the trees would be about 6K per acre. This value should be factored into the value of the land as a bankable assett.

    Monthly Payment Calculator



    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. 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 displayed may not belong to Cindy Kraus Group | Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Cindy Kraus Group | Realty Executives Associates. Data last updated: 2021-03-01T10:58:13.567.
    www.ckrausgroup.com/homes/98384357
    Print Image

    Old Mill Rd Tellico Plains, TN 37385

    • Price: $318,000
    • Status: Active Under Contract
    • Updated: 40 min ago
    • ID#: 1092541
    0
    Beds
    0
    Baths
    0
    ½ Baths
    106
    Acres
    County:
    Monroe
    Area:
    Tellico Plains
    Property Description
    Rural Vale acreage....a special area and a good property! 106 acres mostly flat to gently rolling and all planted in Lob Lolly Pines that are an average height of 30' . This unrestricted land is in the Greenbelt Forestry Tax Status. One can build an exquisitely private home in the heart of this property. There's an eastern part of the property that slopes up the western flank of Mocking Crow Mountain. From that vantage point, and a bit of vista pruning, one would have a great panoramic view of Starr Mountain. With plenty of road frontage, mainly on Dr. Lee Road, this property can be easily divided by the future owner. Great place to make trails through the woods!. With some clearing, and establishing of pasture & fields, it would make a great farm too! Must hike to appreciate!This 106 acre tract is currently a tree farm. the Lob Lolly Pines are about 12 years old at this time. The trees were planted about 8 to 10 feet apart. They can be thinned (removing every other tree) and those trees can be used for fence commercial posts. The remaining trees will grow up to 100' tall and are used for power poles. They should mature in about 12 years. At that time, the estimated value of the trees would be about 6K per acre. This value should be factored into the value of the land as a bankable assett.
    Exterior Features

    Improvements DrivewayUtilities On Site Lot Description IrregularPrivateRollingWooded Lot Size 2658 X 1434X1193x1503x400x1300 irregular Shaped Present Structures None Road Access Public Road Road Frontage CountyGravelPaved Topography LevelRolling View Country SettingSeasonal MountainWooded

    Property Features

    Auction YN No City County Code County City Taxes 0.00 County Taxes 380.58 Developmnt Potential FarmOtherRecreationalSubdivision Docs On File Other Easements Driveway In Sub No Land Sub Type FarmOtherRecreationalRural New Financing CashConventionalNew LoanOwner Will Carry Property Status N/A Pud YN No Restrictions No Sale Options Fee SimpleWill Not Divide Total Tax 380.58 Utilities Available ElectricityTelephoneWater Zoning None

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Tellico Mountain Realty, Llc.


    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. 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 displayed may not belong to Cindy Kraus Group | Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Cindy Kraus Group | Realty Executives Associates. Data last updated: 2021-03-01T10:58:13.567.
     
    https://bt-photos.global.ssl.fastly.net/kaar/1280_boomver_1_1092541-2.jpg https://bt-photos.global.ssl.fastly.net/kaar/1280_boomver_1_1092541-2.jpg https://bt-photos.global.ssl.fastly.net/kaar/1280_boomver_1_1092541-2.jpg
    Logo
    Cindy Kraus Group | Realty Executives Associates
    109 S. Northshore Dr. Ste. 200
    Knoxville TN, 37934