Mountain Vista Road, Knoxville, TN
Land for Sale - $376,500 - 10.63 acres
Property Info
CIMLS# | 866618 |
Location Mountain Vista Road Knoxville TN 37931 | |
Updated | January 19th, 2017 |
Type | Land |
Price | $376,500 |
Land | 10.63 acres |
Property Description
29 finished lots in this established Karns subdivision. Gently rolling terrain with excellent lake and mountain views. Positioned on a vista overlooking Emory Valley and Melton Hill Lake. Architecturally restricted subdivision.
1 Story Minimum Square Footage: 1400sf
2 Story Minimum Square Footage: 1600sf
Slab houses prohibited by CCR's - These will be basement or crawlspace builds.
Stable resale market in neighborhood with limited supply. At least five homes have sold in the past year, all in the $160k to $220k range. Average days on market is 90-110 days.
Standard lot size is 80'x115' but also includes eight lots that range from 300'-600' deep. Restrictive covenants in place. Ready to build.
Location Description:
1/2 mile north of Knox County Sportspark (Karns Valley Dr/Oak Ridge Hwy Intersection). 3 minutes (2.0 miles) from subdivision entrance to Pellissippi Parkway/Oak Ridge Highway interchange.
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Financials
Sales Info:
>> Commision split: 5.0%