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$5,250,000
Est. payment /mo
16.4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Silverstone S/D Ph-3
MLS Listing ID 1330368
Lot Size 16.400 Acres
Acres 16.4
Lot Dimensions 25.27 X 185.12 X IRR
Source East Tennessee REALTORS® MLS
Property Description
102-lot residential development opportunity in Knoxville, Tennessee. Building permits can be pulled immediately with all roads and infrastructure already in place. The lots are a mixture of slab on grade, crawl, and basement with some needing more clearing and grading than others. The average lot size is 70 x 100 with some lots larger. The existing community amenities include a pool and playground. The property is located within the Silverstone Subdivision which is centrally located in the Halls community, a growing suburb of Knoxville that benefits from many major employers and retailers. Knoxville has quickly become one of the top growth markets in the U.S. for home values and sales, with home prices surging among the fastest nationwide in recent years and strong buyer demand keeping the market competitive. A big part of that growth is driven by inbound migration as more people move here from other states drawn by Knoxville's affordability, quality of life, and economic opportunities. This offering provides a rare critical mass of finished, shovel-ready lots in a market where entitled and infrastructure-complete inventory is increasingly scarce. Opportunities of this scale are hard to find in Knoxville, making this development opportunity an exceptional chance to meet the area's continued housing demand.
Location
State TN
County Knox County - 1
Area 16.4
Zoning Zoned Residential
Exterior
Pool true
Amenities Available Swimming Pool, Playground
Topography [object Array]
Improvements Utilities on Site
Road Frontage , County
Garage No
Building
Lot Description Cul-De-Sac, Corner Lot, Irregular Lot
Faces Take Hwy 33 to left on Norris Freeway. Right into Silverstone Subdivision.
Others
Restrictions Yes
Tax ID 028AB049
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Listed by PWA Properties
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