110 Falls Ln, Spencer, TN, 38585
About This Home
Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family or potential investment opportunities. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home or for renting out as an additional source of income. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2022
Materials
- Foundation: Slab
- Construction materials: Metal Siding
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Free-Standing Electric Range,Microwave,Oven,Refrigerator,Stainless Steel Appliance(s),Washer/Dryer Stacked,Water Heater
- Laundry features: Laundry Closet,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Eat-in Kitchen,Recessed Lighting,Tub/shower Combo
- Flooring: Luxury Vinyl
- Finished area above ground: 525
Heating & Cooling
- Heating features: Ductless
- Cooling features: Ductless
Interior Area
- Total structure area: 525
- Total interior livable area: 525 sqft
Property
Accessibility
- Accessibility features: Accessible Bedroom,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Entrance,Accessible Kitchen,Accessible Kitchen Appliances
Details
- Parcel number: 068 092.00
- Special condition: Agent Owned
Features
- Exterior features: None
- Has view: Yes
- View description: Mountain(s),Panoramic,Rural,Trees/Woods,Valley
Lot
- Lot size: 10 Acres
- Features: Irregular Lot,Level,Private,Sloped,See Remarks,Views,Wooded,Brow Lot
- Lot size dimensions: 10 acres IRR
Parking
- Total spaces: 2
- Parking features: Driveway,Garage,Gated,Gravel
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,792 | $45,504 |
| Home Insurance | $598 | $7,176 |
| Property Taxes | $1,530 | $18,360 |
| Electricity | $175 | $2,103 |
| Total | $6,095 | $73,140 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $750,000 |
| 2025-12-05 | Listed for sale | $1,000,000 |
| 2025-12-01 | Listing removed | $1,000,000 |
| 2025-05-27 | Listed for sale | $1,000,000 |
| 2025-01-20 | Listing removed | $750,000 |
| 2024-01-20 | Listed for sale | $750,000 |
| 2019-04-15 | Sold | $50,000 |
| 2019-03-13 | Listed for sale | $79,000 |
| 2019-02-01 | Listing removed | $79,000 |
| 2018-08-27 | Listed for sale | $79,000 |
| 2018-01-12 | Listing removed | $79,900 |
| 2017-07-21 | Listed for sale | $79,900 |
| 2017-06-09 | Listing removed | $79,900 |
| 2017-02-17 | Price change | $79,900 |
| 2016-06-10 | Listed for sale | $99,000 |
For Sale by Agent
View on Zillow