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9.6 Acres, Almost Lakeview, No Hoa

Abels Valley Road : Rockwood, TN 37854

Roane County, Tennessee

9.60 Acres
$149,900 USD $199,900
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Lot Description

Cash Price: $149,900

Owner Financing Available. $39,000 down, then $1,465.55/Month for 120 Months.

(plus $26/Month service fee)

Deposit: $900 non-refundable deposit secures this property. Deposit will be counted toward purchase price.

BBB A+ Rating Business: We are a Better Business Bureau Greater Houston Accredited A+ rating business. We ensure our customers have a seamless buying experience built on mutual trust. Call or email us today, ask any questions about our listings or purchase processes, we will help you find the right land.

Property Overview:

3 minutes to the Public Boat Launch on Watts Bar Lake

3 Minutes to Tom Fuller Park

5 Minutes to Downtown Rockwood, Tn

5 Minutes to Walmart, Tractor Supply, Gas, Grocery, Harbor Freight, Bait Shops

5 Minutes to Rockwood Forest Trails and Mt. Roosevelt Scenic Overlook

1 Hour to Knoxville, Tn

1.2 Hours to Chattanooga, Tn

2.5 Hours to Nashville, Tn

This Rare Find is an almost 10 Acre Hilltop property full of Hardwoods that has both escaped being in a neighborhood HOA and lies in close proximity to Watts Bar Lake. This property is sandwiched between Palisades Estates to the South (which features very nice homes) and Abels Valley Subdivision to the North. This 9 Acres is not part of either community and therefore remains Unrestricted except to any zoning at the county level. This land is zoned R-1 (low density) Single Family Residential which allows double-wide mobile homes, tiny homes, cabins and permanent structures as small as only 170 square feet. Single-wide mobile homes are not allowed under R-1 zoning. RVs are allowed for storage and usage, but not as a permanent residence.

This property features almost 2,000' of Road Frontage along both Abels Valley Road and Rodgers Road. Total lot measurements are 450' x 1452' x 339' x 1526' - 418,873' (approximate) square feet or 9.616 Acres. A Full Survey is available upon request. The combination of lot shape and road frontage allows plenty of flexibility on how you would like to customize your Homesite or Multiple Homesites for development. Manageable driving distance to the major cities and to nearby towns. No HOA and cheap property taxes are only $305/Year.

Survey:

We have both full-size and electronic PDF copies of the full survey on the property and the metes and bounds to ensure accurate boundaries. Corner Stakes and Iron Pins were originally set in 2008. Electronic Plats of the Survey prepared by Gibson Land Surveying are available upon request in Pdf.

Soil Map Completed:

This land has just been soil mapped illustrating all of the soil and drainage conditions on the ground. The general soil map is now complete and stamped by a state-licensed soil-scientist. The property mostly features Fullerton type soils at the top ridges and bottom along the road frontage, creating ideal conditions for subdivision. Our recommendation for development would be 3/4 Acre homesites at the top or bottom of the ridge along Rodgers Road with the drain fields located opposite to allow pump-up or pump-down conventional septic systems. The frontage along Abel Valley Road is flat and suitable for build sites as well.

Please note that a high-intensity soil map is the next step required in order to apply for the septic development permit. We recommend working with the same soil-scientist who has background familiarity with the property.

Prime Development Opportunity:

Given the possibilities with the soil type and geology, this property has the potential to be subdivided further into 3/4 acre homesites with almost immediate lake access. Rockwood Water Lines run along Abels Valley Road with a variety of water tap size options available, depending on the size and scope of a full-scale development. Power lines run completely around the road frontage of the property.

Utility Information:

Electric Utility: Call Rockwood Electric Utility (Reu). Meter installation Fees include an initial $300 deposit, $20 service fee and $150 for temporary building service. This does not include additional costs for line extensions, setting new poles or upgrading a transformer. Fees & amounts subject to change.

Water Utility: Call Rockwood Water Department (Rwsg). Water Tap fees include an $80 connection fee plus an initial security deposit. Rwsg currently offers the following fee structure (subject to change; not guaranteed) depending on the size water tap line desired:

3/4”: $1310.00

1”: $1470.00

2”: $2950 + materials

Larger than 2” water tap: $3950 + materials

Septic Installers in the Area:

Bolton Brothers Septic

Frenia's Plumbing & Mechanical

Attractions within a 5-Mile Radius:

Tom Fuller Memorial Park and Boat Launch

Mt. Roosevelt Scenic Lookout Point

Rockwood Forest Trails

Buyer is responsible for performing their own due diligence in researching the property for sale. All buyers should verify all information, contained herein or not, including access and utility accessibility and costs, and perform physical visits to the lot in order to satisfy themselves as to its accuracy. Seller is not responsible for any misinformation in this ad. All information is deemed reliable but not guaranteed. Property is sold “AS Is”.

Property details:

Property Name: TN_Roane_Gresham

State: Tennessee

Size: 9.6 Acres

County: Roane County

Address: Abels Valley Road cor. Rodgers Cir, Rockwood TN 37854

Gps: 35.82623, -84.69776

Property Id: 075 06606 000075

Conveyance: Warranty Deed (Clean Title)

Annual Taxes: $47.28/Year (approximate)

Annual HOA / PO: None

Directions to Lot

How to visit the property?

Before your Trip:

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Search GPS 35.82623, -84.69776 in Google Maps for Directions to the property.

Northwest Corner: 35.82744, -84.698

Southwest Corner: 35.82623, -84.69776

Southeast Corner: 35.82951, -84.69483

Northeast Corner: 35.83041, -84.695

You are welcome to visit a property anytime you like. Just Contact Us to schedule a time so that we can be sure the property is still available before you drive out to it. We operate an eCommerce land business, and we typically do not accompany property visits.

More Lot Details

Owner Will Finance
Residential Zoning
Gently Rolling Terrain
Paved Road Access
Electricity Service
Telephone Service
Water Service
Cell Service
Broadband Internet Service
Septic
Estimated Annual Taxes
$48
LOTFLIP ID
318927
MLS / Internal / Other ID
TN Roane Gresham
Assessor Parcel Number (APN)
075 06606 000075
Posted on LOTFLIP
158 Days Ago
Last Updated
11 Days Ago
Views
5,005
Saves
29
Shares
6

Lot Price History

9/8/22
$149,900
$50,000
25.0%
6/6/22
$199,900
$16,100
7.5%
Lot features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by LOTFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should excercise their own due diligence when purchasing real estate. Contact the seller directly regarding this listing.