5 AC Mountain Crest Dr, Spencer, TN 38585
None · Van Buren County
Key Facts
Description
Great development opportunity awaits with this exceptional 5-acre property, once envisioned as Spencer Mountain Village and now ready for your vision to take shape! With utilities conveniently available at the road, this prime parcel offers endless potential, whether you're planning a private retreat, a small community, or a custom build tailored to your dreams. The land features abundant marketable timber, adding both value and natural beauty, while its location is hard to beat—just a short drive to downtown Spencer, approximately an hour to either Chattanooga or Cookeville, and about 1.5 hours to Nashville International Airport. Outdoor enthusiasts will love being only 30 minutes from Fall Creek Falls State Park, where hiking, waterfalls, and recreation abound. Whether you're an investor or a dreamer ready to build, this rare opportunity won't last long—seize it today and make your mark on this inviting piece of Tennessee!
Property Information
Property Type
Land
Lot Size
5.06 acres
Lot Dimensions
Appro x 5.06 Acres
Zoning
Res
Days on Market
186
MLS® Listing#
239230
Property Features
Lot Features
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$241
Parcel Number
095.00
Directions
From VBCCH: Go S on TN-111 S, go L on Mountain Crest Dr, property is at end of cul-de-sac.
Affordability Calculator
$25,000
Estimated monthly payment
$665/mo
Principal $99,998 · Est. interest $139,507 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spencer, TN
- $354,545
- Median Listing Price
- 78
- Median Days on Market
- 1,398
- Median Sq Ft
- $226
- Median Price / Sq Ft
- 56
- Active Listings
- This home’s price is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spencer, TN.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Topside Drive, Spencer, TN | $94,000 | — | — | — |
| Lot 34 Hemlock Lane, Spencer, TN | $95,000 | — | — | — |
| Lot 185 Meadow Lane, Spencer, TN | $99,000 | — | — | — |
| Lot 185 Meadow Lane, Spencer, TN | $99,000 | — | — | — |
| 0 Meadow Lane, Spencer, TN | $99,000 | — | — | — |
| 0 Spokelay Road, Spencer, TN | $99,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Elevate Real Estate - 9315206450, office@tnelevate.com
Presented by: Elijah Castelli