$97,000

Located in the heart of a prestigious gated community, this lot offers an exceptional opportunity to build your dream home in a serene and picturesque setting. This particular lot boasts one of the highest elevations in Stonegate, providing breathtaking seasonal mountain views when the trees are full of leaves… Read More and evolves into gorgeous mountain views as the leaves fall. Clear a few trees to create the view you desire. The wooded surroundings create a sense of privacy and tranquility, perfect for those seeking a peaceful retreat from the hustle and bustle of everyday life. As you drive to the property, you'll immediately notice the well-maintained private roads, a testament to the community's commitment to preserving the area's natural beauty and ensuring residents' comfort. A partial roughed in path (roughed in driveway) leads to a prime building site approximately 220 feet up the slope. You'll need to walk this, as it is not finished for driving. This thoughtful preparation allows you to envision your future home's placement with ease. The lot is permitted for a three-bedroom dwelling, offering ample space for a comfortable family residence or a luxurious vacation home. One of the most appealing aspects of this property, besides the beauty and privacy, is its convenient location. Situated less than 10 minutes from Townsend's charming restaurants, diverse shopping options, and exciting attractions, you'll have easy access to modern amenities while still enjoying the tranquility of your mountain hideaway. For those with an adventurous spirit, the property borders an undeveloped 600-acre tract, and an old logging road adjacent to the lot beckons for hiking and exploration. Imagine stepping out of your front door and immediately immersing yourself in nature's wonders. For nature enthusiasts, the proximity to the Great Smoky Mountains is a dream come true, providing endless opportunities for outdoor adventures and exploration. Gatlinburg, Knoxville, and the Regional airport are all within easy access as well. The lot's infrastructure is ready for development, with easy access to city water and underground electricity. This eliminates many of the challenges often associated with rural property development, allowing you to focus on designing your ideal home. The Stonegate community takes pride in maintaining its roads and protecting property values through a homeowners association. With a current annual fee of $457, you can rest assured that the neighborhood will remain well-maintained and preserve its charm for years to come. One unique feature that sets this lot apart is its potential for short-term rentals. This flexibility allows you to generate income from your property when you're not using it, making it an attractive option for investors or those looking for a vacation home with revenue potential. As you walk the property, you'll notice fluorescent pink flags marking the approximate property lines. These markers, placed by the sellers, help you visualize the expanse of your potential new home site. In summary, this beautiful lot in Stonegate offers a rare combination of natural beauty, privacy, and convenience. With its high elevation, potential for stunning views, and proximity to both nature and local amenities, it's an ideal canvas for creating your personal mountain retreat. Whether you're looking for a permanent residence or a vacation home with investment potential, this property presents an exciting opportunity to turn your vision into reality. Don't miss your chance to stake your claim in this slice of Tennessee paradise! Read Less

Courtesy of Realty Executives Associates, .

Listing Snapshot

Days Online

175

Last Updated

Apr 5, 2025

Property Type

Lots & Acreage

Lot Size

0.88 Acres

MLS Number

1279303

30 Days Snapshot Of 37882

$220k

-24%

(avg) sold price

-50%

home sold

-70%

(avg) days on market

Snapshot

Area Map

Additional Details

Home Owner's Association

Association fee: $457

Lot

0.88 acres, 38,333 square feet, Area: 1, "Rolling", "Wooded", "Irregular Lot"

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

864 Stonegate Way

'VIP' Listing Search

Schools In The Area

Similar Listings

'VIP' Property Search

1. Neighborhoods

2. Home Type

3. Send