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110 Falls Ln, Spencer, TN, 38585

1beds
1baths
525sqft
$750,000
$1,429price/sqft
$6,095/moest. monthly cost
$243,800/yrincome needed

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

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
Spencer Elementary SchoolGrades PK-58.9 mi
7/10
Van Buren Co High SchoolGrades 6-129.0 mi

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