110 Falls Lane
Spencer, TN, 38585 $ 750,000
Bedrooms1 Baths1.0 Sq 525 Monthly Estimate*
$ 5,180
for $750,000 with 1 bedroom and 1 full bath. This 525 square foot home was built in 2022 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. 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. 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. Owner will consider owner financing with 30% down, amortized over 30 years with a 7 year balloon payment, interest rate is negotiable.
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FeaturesGeneralLiving Area 525
Sewer Septic Tank
Heating Other
Cooling Other
Possession Negotiable
Appliances Stainless Steel Appliance(s) Refrigerator Oven Microwave Electric Range Dishwasher Dryer Washer
Garage Spaces 2
Construction Materials Other
Year Built 2022
View Valley Mountain(s)
Topography Level Sloped Wooded Private Views Other
Levels Three Or More
Accessibility Accessible Doors Accessible Entrance
County Van Buren County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name None
Garage Y/N Y
Full Baths 1
Status Active
Buyer Financing Other Conventional Seller Financing
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 Co High School
City Spencer
Senior Community Y/N N
Lot Size Units Acres
Elementary School Spencer Elementary
Year Built Details Existing
Tax Annual Amount 806
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorInterior Amenities High Speed Internet
Flooring Other
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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ExteriorParking Features Detached Driveway Gravel
Lot Features Level Sloped Wooded Private Views Other
Water Source Well
Total Parking 2
Lot Size Area 10
Building Area Total 525
Lot Dimensions 10 acres IRR
Lot Size Acres 10
Lot Size Source Agent Calculated
Waterfront Y/N N
Covered Spaces 2
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* Excluded FeaturesList ByReal Estate Partners Chattanooga, LlcBroker
geoff@geofframsey.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,180
- Monthly Property Taxes
- $67
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbySingle family listings in Spencer, TN
Average List Price $513,880
Percent of Sale Price 31%
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.
245105 Elementary School
5269486 Middle School
Van Buren Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/18/2026 | $750,000 | | Listed Price |