Property Listing No Longer Available for Sale

Mountain Vista Road, Knoxville, TN

Land for Sale - $376,500 - 10.63 acres


Property Info

CIMLS#866618
Location
  Mountain Vista Road
  Knoxville TN 37931
UpdatedJanuary 19th, 2017
TypeLand
Price$376,500
Land10.63 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%