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423-968-7653
Apple Realty and Auction
Residential

229 Old Stage Rd, Gray, TN 37615

4 Bedrooms, 2 Full Baths – 1 Story, Ranch  Stories: 1
FOR SALE
Price: $399,000  List Date: 2017-08-09  DOM:  75
City Tax: $0 County Tax: $1,446
Year Built: 1947 About homes built before 1978
Finished Sq Ft: 1,804 Unfinished Sq Ft: 2,296 Lot Size: 7.9 acre(s)Lot Dimensions: 348,479Topography: Cleared, Pasture, Rolling
Heating: Electric Wall Heat, Radiant SteamCooling: Window UnitWater & Sewage: Sewer-At Road, Sewer-Public, Sewer-Septic, Water-Public
Appliances: Refrigerator, Stove, Washer/Dryer Hookup

Description

Imagine the possibilities! Original homestead exists on nearly 8 beautiful, rolling acres, perfect for development! The side fronting Old Stage Road is zoned residential, and the back land fronting on Oak Grove Road is zoned R3 and has public sewer available at the road. Approximately 56 townhomes/condos could be built to provide an excellent source of rental income. (Estimation calculated on R3 guidelines that 14 BR/acre, resulting in 7 2-bedroom units at 8 buildings). The land also connects to the existing Glen Oaks Development, should one want to develop homes and extend that development further. This property is in a prime location, currently has only county taxes, and is a developer's dream. Leave the existing home or remodel it and live in it and use the back acreage for income producing---whatever you decide, the possibilities are endless! Barn and older building are also on the property. All information deemed reliable but not guaranteed and is gathered from third party sources. Buyer and Buyer's Agent to verify all information contained herein. Home to be sold AS IS. Acreage is an approximation based upon the CRS measuring tool.

Community Information

Geographical
Area: Gray/Boones Creek
County: Washington-tn
Subdivision: Chas M Woodruff
Zoning: Residential, R3
School System
Boones Creek Elementary
Boones Creek Middle
Daniel Boone High

Interior

Fireplaces: 1 Rooms with Fireplaces: Brick  Flooring: Carpet, Vinyl Basement & Foundation: Unfinished, Walkout  Other Features: Counters-Laminate, Eat In Kitchen, Master BR on Main, Washer/Dryer Connection, Window Treatment-Some 

Exterior

Porch, Patio, Decking Detail:  Back, Covered, Front, Porch Roof: Composition Shingle Exterior Finish: Block Garage: Parking Pad Other Exterior: Barn, Fence-Pasture, Other See Remarks, Outbuilding(s), Storage Shed

Photos

Listing by Coldwell Banker/security Real Estate
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