16 Mill Springs Road New Market, TN $ 1,250,000
16 Mill Springs Road
$ 1,250,000
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16 Mill Springs Road

New Market, TN, 37820
$ 1,250,000
Baths0.0

Monthly Estimate*

$ 7,893

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Studio

Farms/Ranches for sale in New Market, TN

for $1,250,000. The lot size is 73.

73 acres of fields and forest offering the freedom to build exactly where you choose--tucked deep into the privacy of the woods or conveniently along the road frontage. The land features a beautiful mix of level, gently rolling, and moderately sloping terrain with multiple potential building sites throughout. Enjoy being less than 5 minutes from Cherokee Lake recreation areas, including the boat launch, picnic area, landing, and dam. Douglas Lake is only 12 miles east, giving you even more opportunities for boating, fishing, and outdoor fun. Power, public water, and fiber internet are available at the road; septic will be required at the time of building. Interstate 40 is approximately 10-12 miles away via Hwy 92, with shopping, dining, and medical facilities just 15 minutes from the property. Perfectly positioned near seven East Tennessee counties, you'll have easy access to hiking, biking, entertainment, theatre, sports, dining, and endless outdoor recreation. The Great Smoky Mountains are close enough for day trips while still allowing you to enjoy the peaceful lifestyle East Tennessee is known for. Come build your Tennessee dream. Multiple zoning applications may apply; buyers are encouraged to inquire.

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Farms/Ranches Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 304

Style

Lot Size

73

Town/City

New Market

County/Region

Jefferson

MLS | Web ID

3508425

Features
General
Sewer Other
Possession Close Of Escrow
View Trees/Woods
Topography Sloped Private Rolling Slope Wooded
County Jefferson County TN
New Construction N
Property Type Farm
Attached Garage N
Subdivision Name None
Status Active
Buyer Financing Other Conventional
Directions From I-40 exit 417 head north on TN-92. Turn left onto Hwy 11E. Turn right onto TN-92. In one mile turn left to stay on TN-92. Turn left onto Mill Springs Rd. Acreage will be on the left. 1622 Mill S
City New Market
Senior Community Y/N N
Lot Size Units Acres
Property Attached Y/N N
Tax Annual Amount 304
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 00
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Exterior
Lot Features Sloped Private Rolling Slope Wooded
Water Source None
Total Parking 0
Lot Size Area 73
Lot Dimensions 2438x1158x2768x1578 IRR
Lot Size Acres 73
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Road Frontage Type County Road
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Interior
Air Conditioning Y/N N
Heating Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Franklin Realty Inc

Broker

tammy@franklinrealty.com

Email

Affordability Calculator

$7,918
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,893
Monthly Property Taxes
$25
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$1,250,000 Listed Price

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16 Mill Springs Road, New Market, TN, 37820 is a Farms/Ranches for sale at $1,250,000 with a lot size of 73. 16 Mill Springs Road is a studio with 0.0 baths. The property's zip code is 37820 which is in New Market, TN