Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find that perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!
Public Remarks: Attention Investors, Developers & Homesteaders! You must come see this expansive wooded and private 60 acre parcel in the countryside of Newport. Family property that has been probated after original owner's passing. There had been a homestead on the property with a well and septic believed to be functioning historically. Original structure was burned as a training exercise for the local fire department. There is electricity and existing homes along Henry Road, which is gravel but no 911 address has yet to be assigned for the acreage. Just waiting for the new owners to determine where they want to select their build site. Zoned A-1 currently. Talk to the County about dividing the acreage and setting up multiple parcels. Appraisal was completed in 2023 and family has directed to price this slice of country heaven below its appraised value or $3200/acre. Seller will be closing with Foothills Title, as they have already reviewed the probate file. With its unlimited potential for customization, this acreage can easily become your dream family homestead or next development project. There are no restrictions- plenty of room for multiple structures, gardening, animals and workshop space for your hobbies. Don't miss out on the opportunity- come and see it today! Copy of appraisal available upon request. Drone photography used. Sign on property- there is an unlocked gate that continues Henry Rd and access to parcel. Across from Hem Rd, which bends to the left.
From Newport- Hwy 40 or Cosby Hwy 321 take 25E heading North. In 5.4 miles R onto Industrial Rd, 4.0 miles continue straight onto Holt Town Rd, turn L onto Henry Rd. Continue 0.4 miles to Sign on property there is an unlocked gate that continues Henry Rd and access to parcel. Across from Hem Rd, which bends to the left.
Instructions: Enter numbers and decimal points. No commas or other characters.
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!
