$750,000 Price Analysis 986 Chumley MtnSpeedwell, TN 37870 Unknown bed 0 bath unknown SqFt ($0/SqFt) 55.5 acre lot. Listed 2024-02-15, Taxes $180 | Ⓧ USDA Ineligible due to property near Speedwell |
Be sure to view the attached aerial video of the property. Calling all adventurers, campers, side by side enthusiasts and entrepreneurs. This is an unparalleled opportunity to own this historical 55 acre mountain top tract and cabin named the Chumley Cabin. also known to many as the Tackett Creek Cabin. Visited by many (who likely weren't aware that they were on private property). Included is an approximately 2 acre spring fed pond as well as a smaller pond. This could make an impressive off grid homestead, a tiny home rental community or a primitive campground with unlimited potential. Facts about the property. This was the estate of Bill Chumley. The 55 acres, the best that we can discover, was purchased by Mr.
Chumley in the 1980's, where he built the cabin as his full time residence for a period of time. It has had power and even heat and air at some point. presumably powered by a generator. Solar and wind power are two viable sources of electricity as part of a renovation. It is rumored to have a water well on site, but the location has not been discovered. It is tough to get to for inexperienced riders. It is remote, it is rugged nd it is absolutely amazing. There are no commer cial utilities nor any known possibility of getting those utilities. This is perfectly 'off the grid'. It has incredible 360 degree rim front views of Powell Valley and White Oak (the cabin takes advantage of that White Oak view). So this is your opportunity to own a piece of local history for whatever myriad of development you could imagine. or as the most incredible private retreat off the Cumberland Trail and right in the middle of the best riding trails that the Eastern United States has to offer.
Presented by Scott Fields at
Fields Real Estate Co., Inc.
Property MLS #1252845 from EastTennessee
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $9,000 | $180 |
2021 | $unknown + $unknown $7,925 | $204 |
2020 | $unknown + $unknown $7,925 | $204 |
2019 | $unknown + $unknown $7,925 | $204 |
2018 | $unknown + $unknown $7,925 | $204 |
2017 | $unknown + $unknown $7,925 | $204 |
2016 | $unknown + $unknown $16,825 | $434 |
2015 | $unknown + $unknown $16,825 | $417 |
2014 | $unknown + $unknown $16,825 | $417 |
2013 | $unknown + $unknown $16,825 | $417 |
2012 | $unknown + $unknown $16,825 | $417 |
2011 | $unknown + $unknown $14,475 | $359 |
2010 | $unknown + $unknown $14,475 | $359 |
2009 | $unknown + $unknown $14,475 | $359 |
2008 | $unknown + $unknown $13,750 | $341 |
2007 | $unknown + $unknown $13,750 | $341 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.