Cash Deal for Great 0.437 Acre

Lot Description

Vacant Lot for Sale - 157 Riverview Dr, Loudon, TN 37774

Located in the heart of Loudon, Tennessee, this spacious parcel-measuring approximately 19,035 square feet (0.437 acres)-offers a versatile opportunity for residential development in a growing community. Zoned R-2, the property supports a range of multi-family housing options, including duplexes, triplexes, townhomes, and similar dwellings. Double-wide mobile homes are permitted, providing flexibility for builders and investors. RV parking is allowed for storage purposes only; overnight stays or full-time RV living are not permitted.

All essential utilities are available along Riverview Drive, including electricity, water, and sewer services provided by the Loudon Utilities Board. While utility lines run in front of the property, no meter is currently installed, allowing buyers to customize service setup based on their development plans.

This parcel is not part of a homeowners' association (Hoa), offering freedom from monthly dues and restrictive covenants. The lot sits in a quiet residential area with easy access to downtown Loudon, local schools, parks, and the scenic Tennessee River. The neighborhood has experienced steady growth, with new residential developments, infrastructure upgrades, and increased interest from developers contributing to its long-term value.

Buyers are responsible for verifying all information and conducting their own due diligence.