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138 Madison DR Dunlap, TN 37327
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Key Details
Sold Price $1,700,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision Old Madison Ests
MLS Listing ID 1361211
Sold Date 10/13/23
Originating Board Greater Chattanooga REALTORS®
Lot Size 150.000 Acres
Acres 150.0
Property Description
Offered is a wonderful opportunity to acquire 150 +/- acres wide open for an amazing new development opportunity OR keep as a Golf Course and Country Club w/ improvements. Acreage is nestled in the scenic valley base of the TN Cumberland Plateau right on the Bledsoe & Sequatchie County lines within Old Madison Estates conveniently located approx 40 min north of Downtown Chattanooga, TN Msa. Currently, the acreage is being used by owner as golf business. This beautiful acreage within Old Madison Estates combines the peacefulness of the TN Mountains with Panoramic mountain views. Property offered improvements include a clubhouse approx 7,942 sq ft featuring a pro shop, snack bar, event/meeting room that comfortably accommodates 25 guests, and a locker room with showers. Property has two swimming pools, one outdoor approx 70,000 gallon pool and an indoor heated 5ft deep pool and tennis courts. More improvements include an office/flex multi purpose building approx 1536 sq ft & additional warehouse/ storage buildings together totaling approx 6,600 sq ft. Continue as a golf course/ business or subdivide and develop as the possibilities are endless here. Just 45 min to Chattanooga, TN MSA. Chattanooga is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. ***Please note. Golf Carts are NOT included in offered price and must be transacted and sold separately due to arrangement in place with EZ GO golf cart dealer/owner.***Caveat Emptor , let the buyer beware! It is buyers responsibility to complete all due diligence to verify any/all buyer pertinent information including but not limited to zoning use, survey, soil mapping, utilities, permits, covenants / restrictions etc.**Licensee has personal interest in this property.** The ideas for this property are endless!! Call today!
Location
State TN
County Sequatchie
Area 150.0
Exterior
Community Features None
Utilities Available None
View Other
Garage No
Building
Lot Description Irregular Lot, Lake On Lot, Pond On Lot, Rural, Wooded, Partially Cleared, Will Not Divide
Faces Take TN-111 N to US-127 N/Rankin Ave in Dunlap. Take the exit toward Pikeville from TN-111 N. Follow US-127 N to Madison Dr. Property on left.
Additional Building Storage, Workshop
Schools
Elementary Schools Griffith Elementary School
Middle Schools Sequatchie Middle
High Schools Sequatchie High
Others
Senior Community No
Tax ID 030d A 005.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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