Homes for sale - 1 Cherohala Skyway, Tellico Plains, TN 37385

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Stacy Dunn

stacydunnhomes@gmail.com +1(423) 540-3410

$ 2,232,000

Est. payment | -/mo

5.58 Acres Lot

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$ 2,232,000

Est. payment | -/mo

Save

5.58 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1323018

Lot Size 5.580 Acres

Acres 5.58

Lot Dimensions 175x288.18

Source East Tennessee REALTORS® MLS

Property Description

Premier Acreage - READY TO BUILD near downtown Tellico Plains at the corner of Veterans Memorial and Cherohala Skyway! 5.58 Acre Tract Available. Level, cleared lot in commercial corridor. No clearing costs. Dirt to development in record time. This is the site that saves you 6 months and significant capital before you even break ground. All utilities accessible. POSITIONED AT THE EPICENTER OF EAST TENNESSEE'S TOURISM BOOM Tellico Plains - a vintage mountain town experiencing a remarkable renaissance as Tennessee's newest must-visit destination. With an estimated $31.7 billion in tourism revenue flowing into Tennessee's economy, this strategic location places you at the gateway to some of the nation's most sought-after outdoor recreation and scenic driving experiences. The Cherohala Skyway is a 43-mile National Scenic Byway connecting Tellico Plains to Robbinsville, North Carolina, completed at a cost of $100 Million. '' Featured as one of the Discovery Channel's Top 10 Motorcycle Rides in North America. UNPRECEDENTED GROWTH: Real Estate Performance: Tellico Plains has experienced some of the highest home appreciation rates in the nation over the last 10 years, with real estate appreciating 145.57% - an average annual appreciation rate of 9.40%, placing Tellico Plains in the top 10% nationally for real estate appreciation. The area has experienced explosive growth in hospitality and dining establishments, transforming from a quiet lumber town into a sophisticated mountain resort community while maintaining its authentic charm. TARGET MARKET: ADVENTURE SEEKERS & EXPERIENCE-DRIVEN TRAVELERS Motorcycle enthusiasts (estimated 2+ million annually travel through the region for the Dragon and Skyway) Outdoor recreation enthusiasts, Second-home buyers seeking mountain escapes, Eco-tourism and luxury travelers, Baby boomers and retirees relocating. Tellico Plains has emerged as a culinary hotspot Tellicafe - Monroe County's premiere restaurant, helmed by a Certified Executive Chef from the Culinary Institute of America, featuring an impressive diverse menu. Iron Works Grille - Riverside dining on the Cherohala Skyway with hand-crafted cocktails. Tellico Grains Bakery - destination bakery offering fresh-baked breads, brick-fired pizza, and artisan pastries. Peach Street Grill - locally sourced menu rivaling big city restaurants. La Loteria - authentic Mexican cuisine that visitors rave about EMERGING RETAIL SOPHISTICATION The downtown district has evolved beyond typical small-town offerings to feature: Abstract - a thoughtfully curated art and design shop offering quality furniture, bedding, accessories, and gift items, with personal design consultation services. Tellico Outfitters - premier fly-fishing outfitters with guided mountain trips. Tellico Arts Center - featuring over 80 local artists. Scott Street Gallery - local and regional fine art. Wren Rock Mercantile - curated antiques and artisan goods. Tellico Goods and Gear WORLD-CLASS ATTRACTIONS WITHIN 50 MILES The Lost Sea (35 miles): America's largest underground lake attracting about 2,000 visitors daily. Bald River Falls: A breathtaking 90-foot waterfall with newly completed bridge and pedestrian overlook. Cherokee National Forest, and Great Smoky Mountains National Park. Strategic Location: • 1 hour from Knoxville TYS Airport - 35 miles • 1.5 hrs from Chattanooga • 2.5 hrs from Atlanta

Location

State TN

County Monroe County - 33

Area 5.58

Zoning Zoned Commercial

Exterior

Topography [object Array]

Improvements Driveway

Road Frontage , City, Paved

Garage No

Building

Lot Description Corner Lot

Faces From Knoxville, follow US-129 S and US-411 S to TN-68 S/New Hwy 68 in Madisonville. Take the TN-68 exit from US-411 S. Turn right onto Broadway SW Turn left onto Oak Ave Turn left onto Blackstock Ave Turn right onto N 17th St Turn left onto Ailor Ave Use the right lane to take the US-129 S ramp Continue onto US-129 S Keep right to stay on US-129 S, follow signs for US-411 S/Fontana/Atlanta Pass by First Horizon Bank - Maryville, TN - West Broadway Continue onto US-411 S Take the TN-68 exit toward Sweetwater/Tellico Plains Drive to TN 165 E/Cherohala Skyway

Others

Restrictions No

Tax ID 146b a 003.00

Acceptable Financing Call Listing Agent, Cash, Conventional

Listing Terms Call Listing Agent, Cash, Conventional

Listed by Mike Fuller Realty & Co

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(423) 540-3410

stacydunnhomes@gmail.com

9041 Executive Park Dr, Knoxville, TN, 37923-4609, USA

1 Cherohala Skyway Tellico Plains, TN 37385