9 days on rocket

387 Red Williams Rd, Crossville, TN, 38571

$785,000

30.87 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontPond
MLS #1260440
Lot Size30.87 Acres
StatusActive

About 387 Red Williams Rd

Welcome to ''The Magnolia'', a stunning event venue nestled in the heart of Crossville, TN, spanning 30 acres of picturesque landscape. Boasting panoramic views overlooking a tranquil pond, this venue is a dream setting for any special occasion. Conveniently located near town and major roads, The Magnolia offers easy accessibility for guests traveling from near and far. Whether you're planning a wedding, corporate event, or social gathering, the venue provides the perfect blend of natural beauty and modern amenities. Located on the next hill is the charming ''Hitching Hill,'' the outdoor event space designed to enchant guests with its rustic charm and scenic surroundings. Say ''I do'' amidst the beauty of nature or host a memorable outdoor reception under the open sky. Inside The Magnolia, a modern Pole Barn awaits, offering 3,200 square feet of versatile space for your event needs. Newly constructed in 2022, this state-of-the-art facility features heat/AC for year-round comfort, 3 BA, small commercial kitchen, bar area and large sliding doors on each end, allowing for seamless indoor-outdoor transitions and breathtaking views of the surrounding landscape. Additionally, through the far sliding doors is another outdoor patio for weddings overlooking the pond and woods. With events already booked into 2025, The Magnolia presents a lucrative opportunity for future income, making it an ideal investment for entrepreneurs looking to capitalize on the growing demand for unique event spaces in the area. Whether you're planning an intimate gathering or a grand celebration The Magnolia provides the perfect canvas to bring your vision to life. Book your event with us and create memories that will last a lifetime.

Property Details

Property Features

Listing Office:

  • Office Name: Whitetail Properties Real Estate, LLC
  • Office Phone: (931) 372-1844

Exterior Features

Exterior Information:

  • Waterfront: Pond

Lot Features

Lot Information:

  • Lot: Pond, Private, Wooded
  • Lot Size: 30.87 Acres

School Info

Assigned Schools Information:

  • Cumberland County High School, Public District Grades 9-12
  • Pleasant Hill Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: From I-40 W, take exit 322 for TN-101/Peavine Road toward Crossville. Then turn left onto TN-101 S/Peavine Road. Turn Right onto E 1st Street and the approx 2.7. miles turn right onto West Avenue. Then left onto Miller Avenue and in 350 ft turn right onto Sparta Drive. Go apex 1.2 miles and turn left onto US-70W, then approx 3.2 miles turn right onto Red Williams Road. The venue is approx 0.4 miles on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $785,000
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Housing Market Comparison

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

Med. Sold Price

$318K

Med. Price/SqFt

$191

Avg. Days On Market

46

# of Sold Homes

90

387 Red Williams Rd vs Crossville

9 DAYS ON ROCKET

-37 Days

$785,000

+$466.9K More

KEY TAKEAWAY

This property is $466.9K more than the Median Sold Price in Crossville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1260440

Listing Office:

  • Office Name: Whitetail Properties Real Estate, LLC
  • Office Phone: (931) 372-1844

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
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, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,420

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NMLS#3030

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-5722249
5
/10
  • Pleasant Hill Elementary School

  • 486 Main St

  • 5.34 miles

  • Public District Grades PK-8

High School

school-card-donut-5722250
5
/10
  • Cumberland County High School

  • 660 Stanley St

  • 4.18 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,414. Residents of Crossville, TN typically earn less than $35k each year. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 387 Red Williams Rd

What is the listing price of this property?

The listing price of 387 Red Williams Rd property is $785,000.

What type of property is this?

The property 387 Red Williams Rd is land located in Crossville, Tennessee, 38571.

Is this property for sale now?

Active Listing: 387 Red Williams Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 387 Red Williams Rd are:
Pleasant Hill Elementary School: GreatSchools Rating 5/10
Cumberland County High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 387 Red Williams Rd is 30.87 acres.
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Rocket HomesTennesseeCumberland CountyCrossville38571387 Red Williams Rd

This home is located at 387 Red Williams Rd in Crossville, TN and zip code 38571. This home sits on a 30.87 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $785,000.

In April 2024 more than 11 listings in Crossville, TN were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 58 were sold below. In April 2024 in Crossville, TN there were 14.4% more homes for sale than in March 2024. In April 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $318,040.

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

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