Monroe County Residential Development: This 1,050 acre investment is located off Highway 360, in between Tellico Plains and Madisonville, and surrounded by the Cherokee National Forest; 7 miles from Cherohala Skyway. This property is located in Monroe County (Tellico Plains), Tennessee

Monroe County Residential Development

Monroe County, TN · 1050 +/- AC ($3,238/AC) · $3,400,000









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Monroe County Residential Development

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Monroe County Residential Development

   
  

Monroe County, Tennessee
1050 +/- Acres ($3,238/acre)
$3,400,000

MLS#: 926242

TMS# (parcel ID):  106 023.00, 106 022.08, 106 023.02

This 1,050 acre investment is located off Highway 360, in between Tellico Plains and Madisonville, and surrounded by the Cherokee National Forest; 7 miles from Cherohala Skyway. The property’s master deed has been recorded under the Tennessee Horizontal Property Regime, significantly lowering development costs and allowing up to 900 units with mixed use. There is a mix of natural growth hardwood and planted pine, with some portions of the property left to be harvested. The property also includes a 2.5+/- mile county spec roadway that has been cut through the middle of it. Contact our office today for more information!

Estimated Acres:

1,050 +/- acres

Property Highlights:

  • Mix of natural growth hardwood and planted pine

  • 2.5+/- mile county spec roadway that has been cut through

  • Master deed has been recorded under the TN Horizontal Property Regime

  • Allows up to 900 units with mixed use

Taxes:  $2,646/year (2014)


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