1576 Old Chisholm Tr new

Dandridge,TN 37725

$ 399000

3 Beds

2 Baths

1624 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,624 sqft

Price per Sqft $245

Subdivision Chelsea Chester

MLS Listing ID 1321385

Style Manufactured

Bedrooms 3

Full Baths 2

Year Built 2017

Lot Size 7.610 Acres

Property Sub-Type Single Family Residence

Property Description

Prime Investment Opportunity: 7.5+ Acres on Douglas Lake with Development Potential

Investors, take note! This is a rare chance to acquire over 7.5 acres with lake views and deeded lake access, including a boat launch, on the highly sought-after Douglas Lake. This property is primed for development, with the potential to add up to two more dwellings (buyer to verify), making it an ideal candidate for a family compound, nightly rentals, or long-term rental units. A newer, well-kept home is already on-site, providing immediate value. Much of the heavy lifting is already done, with significant excavation and identified building sites. Secure the best-priced access to Douglas Lake's 30,000 acres of recreational water. This unique property offers a multitude of income-generating possibilities and is a strategic addition to any real estate portfolio. This home is on a permanent foundation and has deep footers. In addition, there are two entry points, one off of Chisholm Road and one driveway off of Covington Road. The septic that has been installed is about triple the size it should be for the existing one dwelling (to be verified by Buyer).

Location

State TN

County Jefferson County - 26

Area 7.61

Rooms

Family Room Yes

Other Rooms LaundryUtility, Bedroom Main Level, Family Room, Mstr Bedroom Main Level

Dining Room Breakfast Bar

Interior

Heating Central,Electric

Cooling Central Cooling

Flooring Laminate,Tile

Fireplaces Type None

Laundry true

Exterior

Exterior Feature Porch - Covered, Patio

Parking Features Main Level

Garage Description Main Level

View Mountain View,Lake

Building

Lot Description Lake/Water Access,Pond,Wooded,Level,Rolling Slope

Sewer Septic Tank

Water Public

Structure Type Other,Vinyl Siding

Schools

High Schools Jefferson County

Others

Acceptable Financing Conventional

Listing Terms Conventional

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