Somerset Estates | Homesite 3, Lenoir City, TN 37771
Roane County - 31 County
Key Facts
Description
This exceptional lot is the crown jewel of the development, sitting at the premier highpoint and offering breathtaking southern views of the Smoky Mountains. Surrounded by towering old-growth hardwoods, Homesite 3 provides a serene and picturesque setting for your dream home. Professionally land-planned, the estate features underground utilities, classic Kentucky-style border fencing, and a private road for exclusive access. Enjoy the tranquility of country living with the convenience of city amenities just minutes away—less than 15 minutes to Turkey Creek and only 25 minutes to downtown Knoxville. The gentle terrain and incredible vantage point make Homesite 3 an unparalleled opportunity. Don't let this rare gem slip away—schedule your showing today and start planning your perfect retreat! Give us a call at 865-337-3038.
Property Information
Property Type
Land
Lot Size
5.02 acres
Lot Dimensions
5.02 Acres
MLS® Listing#
1289807
Property Features
Lot Features
Financial Details
Parcel Number
061 051.03
Directions
I-40 West towards Nashville. Exit 364, towards Oakridge (Melton Hill Damn Rd), Left onto buttermilk Rd, Left onto Paw Paw Plains Rd, Right on Tate Coley Rd.
Affordability Calculator
$67,980
Estimated monthly payment
$1,809/mo
Principal $271,920 · Est. interest $379,353 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lenoir City, TN
- $390,330
- Median Listing Price
- 68
- Median Days on Market
- 1,931
- Median Sq Ft
- $212
- Median Price / Sq Ft
- 998
- Active Listings
- This home’s price is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lenoir City, TN.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 311 Bussell Ferry Rd, Lenoir City, TN | $238,500 | 2 | 1 | 915 |
| 608 W 1st Ave, Lenoir City, TN | $239,000 | 3 | 1 | 1,680 |
| 801 N C St, Lenoir City, TN | $239,000 | 3 | 1 | 1,405 |
| 572 Randall Fugate Rd, Spring City, TN | $239,750 | 3 | 2 | 1,500 |
| 1934 Walnut Avenue, Jefferson City, TN | $239,900 | 2 | 2 | 1,115 |
| 2684 Bradford Pear Lane, Union City, TN | $239,900 | 3 | — | 1,672 |
Moving Cost Estimate
Listing Courtesy: Alley Realty & Auction, LLC - 8653373038