1034 Gadsden Way Spencer, TN $ 315,000
1034 Gadsden Way
$ 315,000
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1034 Gadsden Way

Spencer, TN, 38585
$ 315,000
Baths0.0

Monthly Estimate*

$ 1,940

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Studio

Lots and Land for sale in Spencer, TN

for $315,000. The lot size is 31.58.

Nearly 32 acres of prime, usable land with low property taxes thanks to Greenbelt status—this is your chance to own a fully turn-key, off-grid homestead with tremendous short-term rental potential. Just minutes from Fall Creek Falls State Park and tucked away on a beautiful hardwood tract, this property includes a 12x20 cabin with two 8x12 sleeping lofts, a 20x40 high metal awning and RV pad, a firepit, and a 40' high cube shipping container for storage or additional use. Enjoy the privacy of full fencing on three sides (with the street forming the fourth boundary), and spend your days exploring multiple walking trails and the spring-fed year-round creek, plus an additional wet-weather creek. A well with pump is already installed, and fruit-bearing apple, peach, pear, and plum trees (planted and thriving at 6' tall) are already in place for your future orchard. Plus, the land is teeming with deer and other wildlife that roam freely across the hardwood forest. If you've been searching for a mostly flat, usable off-grid property—not the steep side of a mountain which offers a tremendous investment upside, this rare gem near one of Tennessee's top parks checks every box. Bring your animals and your dreams—this is ready for you. Property is also known as 1034 Country Meadow Road.

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Lots and Land Active

Price

$ 315,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 140

Style

Lot Size

31.58

Town/City

Spencer

County/Region

Van Buren

MLS | Web ID

1513493

Features
General
Sewer None
Utilities Cable Available Electricity Available Natural Gas Available Water Available None
Possession Close Of Escrow
Zoning A-1
View Creek/Stream Forest Hills Meadow Pasture Water Other
Property Subtype Unimproved Land
County Van Buren
Property Type Land
HOA N
Subdivision Name None
Other Structures Mobile Home Storage
Status Active
Directions From Dunlap take 111 N toward Spencer. Turn right on Phifer Mine Road then right again on Gadsden Way. Property is on right with green gate.
High School Van Buren County High
City Spencer
Senior Community Y/N N
Zoning Description Agricultural District
Lot Size Units Acres
Lot Size Square Feet 1375624.8
Listing Terms Cash Conventional
Elementary School Spencer Elementary
Land Lease Y/N N
Tax Annual Amount 140.4
Middle/Junior High School Spencer Middle
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description Wpp LLC Mineral Tract 46-6Mbd
New Construction None
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Exterior
Exterior Amenities Awning(s) Fire Pit
Fencing Fenced
Lot Features Level Rectangular Lot Rural Wooded Partially Cleared Will Not Divide
Water Source Well
Lot Size Area 31.58
Lot Dimensions 1500x1500
Lot Size Acres 31.58
Road Surface Type Asphalt Gravel
Waterfront Y/N N
Road Frontage Type Private Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 1034
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* Excluded Features
List By
Exp Realty Llc

Broker

jeremy@chattahomesearch.com

Email

Affordability Calculator

$1,951
Per Month
99%
1%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$12
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.
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Nearby
1547934 Elementary School
2868495 Middle School
Van Buren County High High School
Pricing History
DatePricePrice ChangeDescription
9/3/2025$315,000 -8.70% Price Down
5/23/2025$345,000 Listed Price

Map


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1034 Gadsden Way, Spencer, TN, 38585 is a Lots and Land for sale at $315,000 with a lot size of 31.58. 1034 Gadsden Way is a studio with 0.0 baths. The property's zip code is 38585 which is in Spencer, TN