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Nic Nicaud

The Nic Nicaud Team @ Keller Williams Realty

[email protected] +1(865) 205-4208

$ 812,175

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0 Periwinkle WAY Dunlap, TN 37327

232.05 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1512246

Lot Size 232.050 Acres

Acres 232.05

Property Sub-Type Unimproved Land

Source Greater Chattanooga REALTORS®

Property Description

The ''Eagles Leap'' Tract. Here is a rare opportunity to own a large-acreage tract within the gates of Fredonia Mountain Nature Resort (FMNR). FMNR is a 3,500 acre gated-community atop the Cumberland Plateau designed with features intended to connect people with nature such as hiking/biking trails, parks, lakes, ponds and a community lodge. This 232.05 acre tract has been specifically set aside by the current owner from its continued development and declared as ''conserved land'' to retain its considerable natural and scenic values but with substantial retained rights for its perpetual use. The tract has therefore been exempted from the FMNR home owners' association (''HOA''). Restrictive Covenants ensuring the conservation values of the tract are recorded in a Conservation Easement (''CE'') administered by The Foothills Land Conservancy. Certain provisions of the CE do, however, allow for the installation of improvements such as roads, residences, outbuildings and ancillary improvements. Other notable allowances include: Hunting, Wildlife Management, Leasing, Agriculture, Forestry and Forestry Management, Public Access and Subdivision (one division is allowed along a designated severance line to create a 160+/- acre parcel and a 70+/- acre parcel). Views extend from the upland brow over the Woodcock Gulf and Sequatchie Valley beyond. Woodland habitats flourish under the deciduous Oak / Hickory Forest canopy and vary with elevations ranging from 2240 ft highland plateau to 1640 ft watershed cove. Creek gorges with tumbling water falls, glistening pools and moss-covered stones contain native species such as rhododendron, hemlock, mountain laurel and native azalea. Springtime wildflowers abound with may apple, trillium and lady slippers. Wildlife common to the area is found here including deer, turkey, opossum, raccoon, bob cat and many varieties of local and migrating birds. There are several points of convenient access to the tract from Hobbstown Rd (a public ROW) and from private roadways within FMNR: Roaring Creek Rd, Periwinkle Way and Turkey Trail. The two designated 1 acre home sites (in fixed locations; one on each side of the permitted division) are near Periwinkle Way and Turkey Trail for convenience of construction and installation of utilities. Under the current CE, there are no minimum square footage requirements or architectural control elements regarding the construction of a future residence. If a future owner were to voluntarily choose to join the FMNR HOA it would come with those certain privileges and obligations the HOA affords. The local water utility notifies of a 'temporary pause' on approving water taps due to a repair project with anticipated completion Sept 2026.This tract is appealing to those who value superior land features especially when held in the useful-continuity of a large acreage tract. Further, the perpetual nature of the conservation easement assures its value-continuity as a legacy piece to future generations.

Location

State TN

County Sequatchie

Area 232.05

Zoning Single-Family Residential District

Interior

Equipment None

Exterior

Exterior Feature None

Community Features Gated

Utilities Available None

View Mountain(s), Panoramic, Rural, Skyline, Trees/Woods, Valley, See Remarks

Garage No

Building

Lot Description Agricultural, Brow Lot, Pasture, Private, Rock Outcropping, Rolling Slope, Rural, Secluded, Sloped, Views, Wooded, See Remarks

Faces * Private Gated Community, Gate Code Required for Entry ** From Dunlap TN: Rankin Ave to Fredonia Rd. Follow Fredonia Rd to top of the mountain. Left on John Henry Lewis Rd. Right on Hobbstown Rd. Through the Fredonia Mtn Nature Resort Gates. Right at First Gate on Roaring Creek Rd. Right on Periwinkle Way.

Sewer None

Water None

Additional Building None

Schools

Elementary Schools Griffith Elementary School

Middle Schools Sequatchie Middle

High Schools Sequatchie High

Others

Senior Community No

Tax ID 049 003.02

Security Features Gated Community

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Third Party Approval

Listed by RE/MAX Renaissance Realtors

Nic Nicaud

Broker | License ID: 302707

+1(865) 205-4208

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Knoxville, TN

Nic Nicaud

0 Periwinkle WAY Dunlap, TN 37327

Key Details

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0 Periwinkle WAY