****MULTIPLE OFFERS RECEIVED. Please submit all offers by 5pm on 4/17 with a response time of 12pm on 4/18**** Discover the Opportunity to Build Your Dream on 5.81 Acres in Lenoir City, TN Nestled in Loudon County, this rare 5.81-acre tract presents a unique opportunity to create your dream home amidst the natural beauty of Tennessee. Boasting an irregular shape, the lot offers a canvas with a gentle natural slope and a treeline, setting the stage for a residence with stunning views and privacy. Access to this private haven is granted via a recorded, yet undeveloped, 50-foot right of way. This path extends from Old Hwy 95 and ensures your future home will enjoy seclusion without sacrificing convenience. The land itself is characterized by a gentle slope to rolling terrain, providing an ideal setting. The blend of open spaces and wooded areas on this property not only offers a picturesque backdrop but also the potential for creating outdoor living spaces, gardening, and even small-scale farming. Municipal utilities, including water, electricity, and telephone, are available at road, adding ease to the construction process and daily living. Zoned R-1, this parcel holds vast potential for constructing a single-family home tailored to your preferences and lifestyle.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 983-0011
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot: Private, Rolling/Hilly, Wooded, Irregular Lot
Lot Size: 5.81 Acres
School Info
Assigned Schools Information:
Loudon High School, Public District Grades 9-12
Greenback School, Public District Grades PK-12
North Middle School, Public District Grades 5-8
Ft. Loudoun Middle School, Public District Grades 6-8
Eaton Elementary School, Public District Grades PK-4
Highland Park Elementary School, Public District Grades PK-4
Loudon Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From I-75 South take Exit 81 to Lenoir City. Take a left on to Highway 321 and drive less than a mile to Adesa Blvd. Take a right on to Adesa Blvd and follow to the end of the road. At the stop sign take a left on to Old Highway 95. In 0.7 miles take a right on to Benjamin Drive to enter Harrison Hills Subdivision. Take your next right on Trades Dr. Sign located on right of way to property.
Price Information
Listing Price Info
Price Summary:
List Price: $83,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lenoir City, TN.
This property is $310.3K less than the Median Sold Price in Lenoir City, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1259380
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 983-0011
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$482
Per Month
Principal & Interest
$415
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$315
Powered By
Advertisement
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
8
/10
Eaton Elementary School
423 Hickory Creek Rd
Distance between this listing and this school4.17 miles
Public District Grades PK-4
7
/10
Highland Park Elementary School
4404 Highway 11 E
Distance between this listing and this school4.75 miles
Public District Grades PK-4
4
/10
Loudon Elementary School
2175 Roberts Rd
Distance between this listing and this school4.82 miles
Public District Grades PK-5
Middle School
8
/10
North Middle School
421 Hickory Creek Rd
Distance between this listing and this school4.17 miles
Public District Grades 5-8
4
/10
Ft. Loudoun Middle School
1703 Roberts Rd
Distance between this listing and this school4.76 miles
Public District Grades 6-8
High School
5
/10
Loudon High School
1039 Mulberry St
Distance between this listing and this school4.46 miles
Public District Grades 9-12
5
/10
Greenback School
400 Chilhowee Ave
Distance between this listing and this school12.82 miles
Public District Grades PK-12
Assigned Schools
8
/10
Eaton Elementary School
423 Hickory Creek Rd
Distance between this listing and this school4.17 miles
Public District Grades PK-4
7
/10
Highland Park Elementary School
4404 Highway 11 E
Distance between this listing and this school4.75 miles
Public District Grades PK-4
4
/10
Loudon Elementary School
2175 Roberts Rd
Distance between this listing and this school4.82 miles
Public District Grades PK-5
Assigned Schools
8
/10
North Middle School
421 Hickory Creek Rd
Distance between this listing and this school4.17 miles
Public District Grades 5-8
4
/10
Ft. Loudoun Middle School
1703 Roberts Rd
Distance between this listing and this school4.76 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lenoir City Middle School
2141 Harrison Ave
Distance between this listing and this school3.38 miles
Public District Grades 4-8
Assigned Schools
5
/10
Loudon High School
1039 Mulberry St
Distance between this listing and this school4.46 miles
Public District Grades 9-12
5
/10
Greenback School
400 Chilhowee Ave
Distance between this listing and this school12.82 miles
Public District Grades PK-12
Nearby Schools
5
/10
Lenoir City High School
1485 Old Highway 95
Distance between this listing and this school3.07 miles
The neighbors living near this home have an average income of $53,564. Most Lenoir City, TN residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Hotchkiss Valley Rd
What is the listing price of this property?
The listing price of Hotchkiss Valley Rd property is $83,000.
What type of property is this?
The property Hotchkiss Valley Rd is land located in Lenoir City, Tennessee, 37771.
Is this property for sale now?
Sale Pending: Hotchkiss Valley Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for Hotchkiss Valley Rd are: Eaton Elementary School: GreatSchools Rating 8/10Highland Park Elementary School: GreatSchools Rating 7/10Loudon Elementary School: GreatSchools Rating 4/10North Middle School: GreatSchools Rating 8/10Ft. Loudoun Middle School: GreatSchools Rating 4/10Loudon High School: GreatSchools Rating 5/10Greenback School: GreatSchools Rating 5/10
When was this property sold last time and for how much?
The last sale was on June 18, 2013 for $60,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Hotchkiss Valley Rd in Lenoir City, TN and zip code 37771. This home sits on a 5.81 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $83,000.
In March 2024, from all listings sold in Lenoir City, TN there were more than 8 sold above asking price, over 18 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Lenoir City, TN between February 2024 and March 2024 increased by 3%. In March 2024 median list price was $393,316 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Hunting
Hunting
NASCAR
Monster Trucks
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Jimmy Johns
Hardee's
Applebees
Chevrolet
GMC
Ram
New Country
Classic Country