Pittsburg Mountain Rd S 1-7, South Pittsburg

$4,000,000

0 Bed
0 Bath
615 Acres
0 Garage

$1M Price Improvement from the original $5M List Price. NOW ONLY $4M!!!It is an investor's dream to have the opportunity to purchase 615+/- acres to develop into a premier residential community, vineyard, or private estate overlooking the TN River in S Pittsburg, TN--minutes off i24 exit 152a, less than 20 miles outside downtown Chattanooga. There are two other extraordinary communities, Black Creek and Jasper Highlands, that are already developed, and River Gorge Ranch is right around the corner being developed in the local area. HappyHollowVista would complement the other 3 to add additional amenities and homesites a short drive outside downtown Chattanooga, TN. Please visit the property website to view and share the extensive details with your team.We look forward to working with you. HappyHollowVistaPotential timber, trails, and hunting.Prime development opportunity to leverage the TN River Town Initiative. 615+/- sloping acres overlooking the scenic Tennessee River and the quaint town of South Pittsburg, TN. Well-suited for various uses, including hospitality, specialty, sports and entertainment, and residential and commercial development. The property is located in an Opportunity Zone, granting tax incentives to developers. Tennessee is ranked #1 for business climate, with low business tax rates and no personal income tax. South Pittsburg is part of an exciting new program to embrace the Tennessee River; it is designated as a Tennessee Riverline ''RiverTown.'' The project is an initiative to promote the development of commerce and recreation along the 652-mile Tennessee River.

Essential Information
MLS® #1382718
Price$4,000,000
Acres615.00
TypeLand
Sub-TypeResidential
StatusActive
Community Information
AddressPittsburg Mountain Rd S 1-7
SubdivisionNone
CitySouth Pittsburg
CountyMarion
StateTN
Zip Code37380
Amenities
UtilitiesNone
FeaturesNone
Lot Description

Brow Lot, Rural, Scenic View, Sloping, Water View

School Information
ElementarySouth Pittsburg Elementary
MiddleSouth Pittsburg Middle
HighSouth Pittsburg High
Additional Information
ZoningNone
Property History
Price Reduced from $4,920,000 to $4,000,000
Price Reduced from $5,000,000 to $4,920,000
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Listing Courtesy Of: Crye-Leike, REALTORS

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This site was last updated on May 3rd, 2024 at 7:28pm