2315 Taft Hwy, Signal Mountain, TN 37377

$975,000
List Price
$975,000
Status
Active
MLS#
1361481
Acres
15.17

Property Description

Estate Acreage or Development Site in the historic Town of Walden (Hamilton County TN). 15+/- acres with approximately 800 ft frontage on Taft Hwy. The Property is well suited for an estate residence or family compound. Hardwoods and Hemlocks surround a central 'knoll' in the heart of the Property, noted as a 'ridgetop high point' in the area. The level topography atop this knoll provides opportunity for a private build site (with 300+ ft depth of buffer distance) to locate a main home, outdoor recreation activities and even auxiliary buildings. Views to the surrounding area may be obtained from the knoll which rises approx. 100 vertical feet. Other features (stream and hollow) create additional geographic buffer areas for enhanced privacy. Current Zoning is R-1 Single Family, but Development opportunities include residential multi-family and townhome property types as depicted in Walden's own ''Town Center Plan'' (exhibited in the photos of this listing). The concept plan includes the Property in the Taft Highway Focus Area and connects it to the mixed-use theme of a town center to include commercial, retail, restaurants, entertainment, personal services, civic/institutional and (perhaps) grocery. Existing surrounding uses include municipal parks (Pumpkin Patch Playground, McCoy Farm, Bachman Community Center), Retail Uses (Ace Hardware, Fairmount Orchard, Bread Basket, Walden Commons), Restaurants, Medical Offices, Government Offices (Walden Town Hall, Walden Fire Station), Schools (zoned for ''award winning public schools'') and Churches. The Town of Signal Mtn commercial district is approx. 1.5 miles away. A demographics report is included in the 'documents' section of this listing. A gas line easement exists on the Property. Bennett Rd near the north boundary line is not a public road and does not serve the Property. A survey is on file. ** Subject to Town of Walden Ordinance #2022-349, building permit moratorium for Town Center Planning until January 10, 2023.

Additional Information

Association Fee
$NONE
Lot Description
Level, Scenic View, Sloping, Wooded
Elementary School
Nolan Elementary
Middle School
Signal Mountain Middle
High School
Signal Mtn
Financing Available
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Re/Max Renaissance Realtors.