0 Periwinkle Way
Dunlap, TN, 37327 $ 812,175
Baths0.0 Monthly Estimate*
$ 5,001
Studio for $812,175. The lot size is 232.05.
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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FeaturesGeneralSewer None
Utilities None
Possession Close Of Escrow
Zoning R-1
Security Features Gated Community
View Mountain(s) Panoramic Rural Skyline Trees/Woods Valley See Remarks
Property Subtype Unimproved Land
Community Features Gated
Additional Parcels Description Available from same Seller: 0 Bluff View Drive Parcel #053 006.00 104.27 acres
County Sequatchie
Property Type Land
HOA N
Subdivision Name None
Possible Use Agricultural Horses Hunting Pasture Recreational Residential Single Family See Remarks
Other Structures None
Status Active
Directions * Private Gated Community Gate Code Required for Entry ** From Dunlap TN: Rankin Ave to Fredonia Rd. Follow Fredonia Rd to top of the mountain. Left on John Henry Lewis Rd. Right on Hobbstown Rd. Thr
High School Sequatchie High
City Dunlap
Senior Community Y/N N
Zoning Description Single-Family Residential District
Lot Size Units Acres
Lot Size Square Feet 10108098.0
Listing Terms Cash Conventional
Elementary School Griffith Elementary School
Land Lease Y/N N
Tax Annual Amount 628.12
Middle/Junior High School Sequatchie Middle
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description Sequatchie County TN Tax Parcel ID #049 003.02 Shown as 232.05 acre tract on Plat Book D page 139
New Construction None
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ExteriorExterior Amenities None
Fencing Partial
Lot Features Agricultural Brow Lot Pasture Private Rock Outcropping Rolling Slope Rural Secluded Sloped Views Wooded See Remarks
Water Source None
Lot Size Area 232.05
Lot Size Acres 232.05
Road Surface Type Chip And Seal Paved
Waterfront Y/N N
Road Frontage Type County Road Private Road See Remarks
Other Equipment None
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByRe/Max Renaissance RealtorsBroker
johnmitchum@comcast.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,001
- Monthly Property Taxes
- $52
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Dunlap, TN
Average List Price $181,153
Percent of Sale Price 78%
About Dunlap, TN 4,941 Population
26% Since 2002
$ 46,812 Median Income
38.82 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547422 Elementary School
1548014 Middle School
Sequatchie High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/2/2025 | $812,175 | | Listed Price |