$7,900,000
Dayton, TN 37321
MLS# 1245078
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Property Description
AFM Real Estate is a pleased to present the FDIC Lakefront property in Hamilton County, Tennessee. This rare 787+/- acre property contains approximately 5,000 feet of lake frontage on Chickamauga Lake in the Tennessee River System. Chickamauga Lake is approximately 60 miles long and contains over 800 miles of beautiful shoreline. FDIC is located approximately 30 minutes drive from Chattanooga, the outdoor hub of the US South. One of the fastest growing cities in the US South, Chattanooga's location between the Appalachian Mountains and Cumberland Plateau place the area in one of the most scenic areas in the region. Chattanooga has a revitalized downtown and riverfront area, with dining, entertainment, art, and cultural attractions. The area is home to major industry including automotive, manufacturing, food and beverage, healthcare, insurance, corporate headquarters, and of course tourism. The quality of life and proximity to recreation make this area desirable. The property is located a few minutes' drive of Dayton, Tennessee which contains all the shopping and necessities of daily life. FDIC contains +/-1,300 feet of paved road frontage along Aslinger Road and a 60-foot wide easement from the adjoining Channel Point Subdivision on the southeast side of the property. Electricity and telephone are available at the frontage and lines have been established to the waterfront to service a recreation area. The tract has miles of well established internal roads, including roads from the pavement to the waterfront. The property contains various ages of mature pine and hardwood timber in a beautiful setting and the property's ridgetops allow long range views of the lake and the surrounding valleys. The tract is home to abundant wildlife including both game and non-game species. The site contains a dock and language in the deed allows for water-use facilities. Chicamauga is a TVA lake and the seller makes no guarantees as to any approvals for lake use, the purchaser should contact TVA regarding specific information for permits for lake access. The lake, natural beauty, and location of this tract provide multiple opportunities for a purchaser to create something amazing on this rare property.
Details
Maps
Location, Tax & Legal Info
House #: 1650
Street Name: Aslinger
St Suffix: Rd
State/Province: TN
Zip Code: 37321
Area: Hamilton County - 48
City/County Code: County
PIN #: 011 012.00 & 013.01
Total Tax: 33692.34
Geo Lat: 35.40946
Geo Lon: -85.040276
Contract Info
Auction Y/N: No
Listing Price: 7900000
Current Price: $7,900,000
Status: Active
Listing Date: 2023-11-06
Cooperation Comp: 1
Compensation Type: %
General Property Description
Lot Dimensions: 100 100
Acres: 787
Acre Source: Owner
Restrictions: No
Property Status: N/A
Remarks & Misc
Directions: From the intersection of HWY 20 and Black Oak Ridge Rd take Black Oak Ridge Rd 3.6 miles continue on Aslinger Road 0.9 miles and entrance is on the left.
Public Remarks: AFM Real Estate is a pleased to present the FDIC Lakefront property in Hamilton County, Tennessee. This rare 787+/- acre property contains approximately 5,000 feet of lake frontage on Chickamauga Lake in the Tennessee River System. Chickamauga Lake is approximately 60 miles long and contains over 800 miles of beautiful shoreline.
FDIC is located approximately 30 minutes drive from Chattanooga, the outdoor hub of the US South. One of the fastest growing cities in the US South, Chattanooga's location between the Appalachian Mountains and Cumberland Plateau place the area in one of the most scenic areas in the region. Chattanooga has a revitalized downtown and riverfront area, with dining, entertainment, art, and cultural attractions. The area is home to major industry including automotive, manufacturing, food and beverage, healthcare, insurance, corporate headquarters, and of course tourism. The quality of life and proximity to recreation make this area desirable. The property is located a few minutes' drive of Dayton, Tennessee which contains all the shopping and necessities of daily life.
FDIC contains +/-1,300 feet of paved road frontage along Aslinger Road and a 60-foot wide easement from the adjoining Channel Point Subdivision on the southeast side of the property. Electricity and telephone are available at the frontage and lines have been established to the waterfront to service a recreation area. The tract has miles of well established internal roads, including roads from the pavement to the waterfront.
The property contains various ages of mature pine and hardwood timber in a beautiful setting and the property's ridgetops allow long range views of the lake and the surrounding valleys. The tract is home to abundant wildlife including both game and non-game species.
The site contains a dock and language in the deed allows for water-use facilities. Chicamauga is a TVA lake and the seller makes no guarantees as to any approvals for lake use, the purchaser should contact TVA regarding specific information for permits for lake access.
The lake, natural beauty, and location of this tract provide multiple opportunities for a purchaser to create something amazing on this rare property.
Status Change Info
Status Change Date: 2023-11-06
Property Features
Property Sub-Type: Lake Front; Recreational; Rural; Single Family; Waterfront Access
Topography: Rolling; Steep
Road Frontage: County
Road Access: Public Road
Sale Options: Fee Simple
Improvements: Boat Dock; Utilities on Site
Easements: Other
Community Amenities: Lake Access
Lot Description: Lake Access; Lakefront; Private; River; Waterfront Access; Wooded
View: Lake; Lakefront; Mountain View
Documents on File: Topography Map
Developmnt Potential: Multi-Family; Recreational; Single Family; Subdivision
Utilities Available: Cable TV; Electricity; Telephone; Water
Zoning: Zoned Agricultural
Present Structures: None
New Financing: Cash; Conventional
Listing Office: AFM Real Estate
Office Phone: 865-248-8315
Last Updated: November - 06 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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