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$812,175
225 Days On Site

0 Periwinkle Way 232 Ac
Dunlap, TN 37327

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
None
County:
Sequatchie
Call Now: (615) 444-0072
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(615) 444-0072
0 Periwinkle Way 232 Ac0 Periwinkle Way 232 Ac0 Periwinkle Way 232 Ac0 Periwinkle Way 232 Ac
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Monthly Payment (Est.)

$3,705
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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.

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Listing Snapshot
Price 
$812,175
Days On Site 
225 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
232.05 Acres
Year Built 
N/A
MLS® Number 
1512246
Status 
Active
Property Tax 
$628.12
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 months agoListing first seen on site
7 months agoListing updated with changes from the MLS®
General Features
Acres 
232.05
Additional Property Use 
AgriculturalHorsesHuntingPastureRecreationalResidentialSingle FamilySee Remarks
Disclosures 
Deed RestrictionSubdivision Restrictions
Property Sub Type 
Unimproved Land
Security 
Gated Community
Sewer 
None
Special Circumstances 
Third Party Approval
Utilities 
None
Water Source 
None
Zoning 
R-1
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Exterior Features
Exterior 
None
Fencing 
Partial
Lot Features 
AgriculturalPasturePrivateRock OutcroppingRolling SlopeSecludedSlopedViewsWoodedSee Remarks
Other Structures 
None
Road Frontage 
County RoadPrivate RoadSee Remarks
View 
Mountain(s)PanoramicRuralSkylineTrees/WoodsValleySee Remarks
Waterview 
Mountain(s)PanoramicRuralSkylineTrees/WoodsValleySee Remarks
Community Features
Community Features 
Gated
Financing Terms Available 
CashConventional
Horse Allowed 
Yes
Roads 
Chip And SealPaved
Schools
School District
Unknown
Elementary School
Griffith Elementary School
Middle School
Sequatchie Middle
High School
Sequatchie High
Listing courtesy of RE/MAX Renaissance Realtors 4235954565

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this site is deemed reliable but is not guaranteed accurate by the MLS. Source: Greater Chattanooga MLS

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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