110 Falls Lane
Spencer, TN, 38585 $ 1,000,000
Bedrooms1 Baths1.0 Sq 525 Monthly Estimate*
$ 6,157
for $1,000,000 with 1 bedroom and 1 full bath. This 525 square foot building was built on a lot size of 10.
Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family or potential investment opportunities. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home or for renting out as an additional source of income. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license.
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FeaturesInteriorInterior Amenities Eat-in Kitchen Recessed Lighting Tub/shower Combo
Flooring Luxury Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 525.0
Half Baths 0
Laundry Features Laundry Closet Washer Hookup
Total Bedrooms 1
Total Baths 1
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GeneralSewer Septic Tank See Remarks
Heating Ductless
Cooling Ductless
Utilities Cable Available Electricity Available Electricity Connected See Remarks
Possession Negotiable
Appliances Water Heater Washer/Dryer Stacked Stainless Steel Appliance(s) Refrigerator Oven Microwave Free-Standing Electric Range Electric Range Dishwasher
Garage Spaces 2.0
Construction Materials Metal Siding
Year Built 2022
View Mountain(s) Panoramic Rural Trees/Woods Valley
Property Subtype Mixed Use
Accessibility Accessible Bedroom Accessible Closets Accessible Common Area Accessible Doors Accessible Entrance Accessible Kitchen Accessible Kitchen Appliances
County Van Buren
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Total Rooms 0
Full Baths 1
Status Active
Directions From Downtown Chattanooga; take US 27 N ; take TN-111 N/Dunlap; take SR-284//Baker Mtn Rd; LT on Baker Rd; LT on Hawks Bluff Rd; RT to stay on Hawks Bluff Rd; RT on Ridge View Dr; LT on Falls Ln; Pro
High School Van Buren County High
City Spencer
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 435600.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Spencer Elementary
Land Lease Y/N N
Tax Annual Amount 806.4
Home Warranty Y/N N
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
Structure Type Free Standing Building
Standard Status Active
Legal Description WPP LLC MINERAL CONTRACT 46-6D
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ExteriorExterior Amenities None
Parking Features Driveway Garage Gated Gravel
Lot Features Brow Lot Irregular Lot Level Private Sloped Views Wooded See Remarks
Water Source Well
Lot Size Area 10.0
Foundation Details Slab
Spa N
Building Area Total 525.0
Lot Dimensions 10 acres IRR
Lot Size Acres 10.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByReal Estate Partners Chattanooga LlcBroker
geoff@geofframsey.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,157
- Monthly Property Taxes
- $67
- 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 NearbyCommerical listings in Spencer, TN
Average List Price $406,967
Percent of Sale Price 59%
About Spencer, TN 1,520 Population
1% Since 2002
$ 40,652 Median Income
45.38 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547934 Elementary School
2868495 Middle School
Van Buren County High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/5/2025 | $1,000,000 | | Listed Price |