Active

43 Stone Cave Lp

Dunlap TN, 37327

$3,000,000


$0.24 per sqft

Active

292.7 Acres

Land

This is an amazing and complicated track of land. It borders state hwy 28 in two places. One is 417.5 ft wide and the other is per tax map 114 ft wide. It borders both sides of Stone Cave Rd for a meandering approx. 2500 ft. It includes 72 ft and a 585 ft of road frontage on Hudlow Loop Rd. The property includes frontage on Thurman Creek, Stone Creek and Woodcock Creek.
This property is famous for a Stone Cave Spring that is located across from Stone Cave Loop Rd. The entirety of the land is 294.7 Acres with approximately half on either side of Stone Cave Rd. The spring side is mostly hardwood, and includes beautiful development sites along Thurman Creek. The property rises up to provide easy sloping top of the ridge land that can be developed with spectacular views of the Sequatchie Valley. The Campus Side includes multiple buildings and rental income properties. an estimated 50 acres or more is in pasture land. ( do not hold the agent accountable for the estimate of cleared land) The seller will divide the 294.7 acres, and the seller will owner finance, with terms to be negotiated. There is a commercial and agricultural aspect to this listing and it does have a green belt tax status. Wildlife roams freely with deer, turkey, fox, beaver (creek beavers), raccoons, and coyote present. NOTE: Portions of this property is in the 100 year flood plain. At one time the campus side was a Sanitarium and a Private School. Stone Creek is dry most of the season and is full of Stones.
If divided the seller will accept 1.5 Million for the Spring Side and 1.7Million for the Campus Side.
NOTE: There are 140ish Line measurements in the survey for the total of 292.7 Acres. (Please disregard the measurements listed, the MLS requires something in that field so the listing agent counted the Length X the width with out counting the turns of the line measurements on the campus side added them together but they are in no way represented of the reality of the bound

1363964

MLS ID

October 13, 2022

Listed

May 9, 2024

Updated

Map

43 Stone Cave Lp
Dunlap TN, 37327

Exterior/Building Features

Lot Size

292.7 Acres


Lot Features

Level, Rural, Scenic View, Sloping, Wooded, Flood Ins May be Required, Spring/Creek, Stream/Creek

School Information

High School

Sequatchie High


Elementary School

Griffith Elementary School

Other Property Details

Taxes

$5,900


Tax Frequency

Annually


Garage

No


View

Yes


County

Sequatchie


Pool

No

 

Courtesy of Heritage Homes & Lands LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lawrence Team Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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