New Union Road
Dayton, TN 37321

  • – beds
  • – baths
  • – sqft
  • ~767 acre lot
  • on site

Lake Chickamauga Frontage and Views AFM Real Estate is pleased to present the New Union Tract located in southern Rhea County, TN. The southern boundary of New Union adjoins +/-8,000 feet of TVA Chickamauga Lake frontage. The 767-acre tract has high development potential with over 4,700 feet of double frontage on New Union Road with property located on both sides of the paved frontage. Electricity, water, and telephone are the noted utilities on New Union Road. The gentle topography makes the tract highly accessible and usable. The tract is subject to Restrictive Covenants, Reservation and Easements set forth in the deeds from the United States of America conveying TVA parcels XCR-177 and XCR-178. These covenants contain certain residential building set back restrictions on 160 acres of the land adjacent to the water. Language in the deed allows for water use facilities, subject to TVA approval. Seller and seller's agent make no representations or guarantees as to any approvals on any applications. Buyers should contact TVA as to any specific information regarding such permits for lake access. Maps can be provided showing approximate setback boundaries. The property has been owned for decades by a forest products company. The primary use of the land was growing timber for the paper mill in Calhoun Tennessee. The forest cover on the tract ranges from merchantable pine pulpwood to young pine plantations. There is also a significant portion of natural hardwoods. This diverse forest provides natural beauty, recreational opportunities, and income potential for a future owner. East Tennessee is growing rapidly. New housing is being built in the area near the tract and the local Rhea County Airport is about one mile from the tract. Good county and state roads connect the tract to Dayton, which is 7 miles from the northwest border. Dayton has a wide range of retail opportunities and any necessities of life a resident would require. This tract is less than an hour's drive North of Chattanooga, TN.

Knoxville Area Association of REALTORS logo Listing courtesy of KAARMLS / AFM Real Estate

Last checked: Checking… • Last updated Mar 14, 2024 •

MLS# 1245062 —

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Sale history

Date Event Source Price % Change
3/11/24
Listed / Active KAARMLS $3,900,000

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Listing provided by broker:

Jake Almond

AFM Real Estate

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This plot of land located in Bakewell, TN 37321 is currently for sale for $3,900,000. New Union Road is a – square foot plot of land with – beds and – baths that has been on Estately for 47 days. New Union Road is in the Bakewell neighborhood of Dayton. This plot of land is in the attendance area of Sale Creek Middle High School and North Hamilton County Elementary School.

Knoxville Area Association of REALTORS logo Listing Courtesy of: KAARMLS and AFM Real Estate.

The information is being provided by Multiple Listing Service of the Knoxville Area Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 2024 Multiple Listing Service of the Knoxville Area Association of REALTORS. All Rights Reserved.

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