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1292 New Lake Rd, Lewisburg, TN, 37091

$247,800

16.51 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontCreek
ViewValley
MLS #2628952
Lot Size16.51 Acres
StatusAccepting Backup Offers
(Under Contract - Showing)

About 1292 New Lake Rd

This 16.51-acre sanctuary offers a secluded haven with a tranquil year-round creek, thriving wildlife, peaceful trails, and livestock potential. Featuring a water well and electricity at the roadside, it's ready for development. Previously approved for a three-bedroom septic system, the property boasts multiple build sites to fulfill your dream home vision. A large deep valley near the leveled build-site has potential for a dreamy private lake. There are 3 entrances and over 700' of road frontage. Tax records indicate the property was once 2 separate parcels and therefore easier to divide back into 2 plots of land. Despite its secluded charm, it's only minutes from the essential amenities of Lewisburg. “New lake” is a short drive for the fishing and kayaking enthusiast. The abundant wildlife is sure to impress the seasoned outdoorsman. Whether you seek solace or adventure, this picturesque land promises endless opportunities for a fulfilling lifestyle immersed in nature's wonders.

Property Details

Property Features

Listing Office:

  • Office Name: Benchmark Realty, LLC
  • Office Phone: (573) 619-4887
  • Listing Agent: Greg Struemph

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Creek
  • View: Valley

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 16.51 Acres

School Info

Assigned Schools Information:

  • Marshall County High School, Public District Grades 9-12
  • Lewisburg Middle School, Public District Grades 7-8
  • Westhills Elementary School, Public District Grades 4-6
  • Marshall Elementary School, Public District Grades 2-3

Other

Directions Information:

  • Directions: Google or Apple Maps work well. From Lewisburg, head south on Hwy 31 for 2.5 miles. Turn right on New Lake Rd for approximately 1 mile. Property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $247,800

Tax Information:

  • Annual Amount: $269
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lewisburg, TN.

Med. Sold Price

$273K

Med. Price/SqFt

$200

Avg. Days On Market

40

# of Sold Homes

30

1292 New Lake Rd vs Lewisburg

53 DAYS ON ROCKET

+13 Days

$247,800

-$25.2K Less

KEY TAKEAWAY

This property is $25.2K less than the Median Sold Price in Lewisburg, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2628952

Listing Office:

  • Office Name: Benchmark Realty, LLC
  • Office Phone: (573) 619-4887
  • Listing Agent: Greg Struemph

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 9:18:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 2019Home Sold
$154,950
Aug 11, 2017Home Sold
$48,600
Dec 20, 2004Home Sold
$186,450
Dec 09, 2004Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$269$9,575
2019$264$9,575
2018$264$9,575
2017$405$9,575

History based on county public records data.

Payment Calculator

$1,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$809

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5850882
3
/10
  • Marshall Elementary School

  • 401 Tiger Blvd

  • 3.20 miles

  • Public District Grades 2-3

Middle School

school-card-donut-5850883
5
/10
  • Lewisburg Middle School

  • 500 Tiger Blvd

  • 3.32 miles

  • Public District Grades 7-8

school-card-donut-5850884
4
/10
  • Westhills Elementary School

  • 1351 W Ellington Pkwy

  • 4.23 miles

  • Public District Grades 4-6

High School

school-card-donut-5850885
5
/10
  • Marshall County High School

  • 597 W Ellington Pkwy

  • 3.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,296. The most common annual income of people living in Lewisburg, TN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1292 New Lake Rd

What is the listing price of this property?

The listing price of 1292 New Lake Rd property is $247,800.

What type of property is this?

The property 1292 New Lake Rd is land located in Lewisburg, Tennessee, 37091.

Is this property for sale now?

Accepting Backup Offers: 1292 New Lake Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1292 New Lake Rd are:
Marshall Elementary School: GreatSchools Rating 3/10
Lewisburg Middle School: GreatSchools Rating 5/10
Westhills Elementary School: GreatSchools Rating 4/10
Marshall County High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $269 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 23, 2019 for $154,950. (source: MLS/tax record).

How much acreage is this property?

The property 1292 New Lake Rd is 16.51 acres.
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Rocket HomesTennesseeMarshall CountyLewisburg370911292 New Lake Rd

This home is located at 1292 New Lake Rd in Lewisburg, TN and zip code 37091. This home sits on a 16.51 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $247,800.

In April 2024 more than 3 listings in Lewisburg, TN were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 11 were sold below. Between March 2024 and April 2024, Lewisburg, TN real estate market has seen increase in the number of listings by 9.1%. While the average time on the market in April 2024 was 40 days, the median list price was $273,000.

From Rocket Homes Real Estate and based on county public records data.

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