Active

4803 Blue Bell Ave

Ooltewah TN, 37363

$1,750,000


$3,365.38 per sqft

Active

2 Beds

1 Bath

520 sqft

Residential

Built in 1960

Incredible Development Opportunity on 7.31 Acres with Dual Road Access!

Welcome to an exceptional investment opportunity for builders and developers! This sprawling 7.31-acre parcel of land could be paired with adjoining Green Shanty Road boasting two convenient road access points, enhancing the flexibility of your development plans.

Access from Blue Bell Road provides an impressive 147-foot-wide access point. The infrastructure is in place, with public water and sewer connections, high-speed fiber optics, telephone lines, and power readily available along the roads.

Currently, the property features a quaint 2-bedroom home and a spacious 2-car detached garage. The real allure, however, lies in the vast potential this land holds for future construction and development.

The property is currently undergoing leveling and preparation for construction, saving you time and effort in the development process. Runoff systems have been installed. Comprising four separate parcels, this comprehensive agreement encompasses the following:

Address: 4837 Maywater Rd, Ooltewah, TN 37363
Parcel ID: 139D A 017
Legal Description: Lt 19 Maywater Sub Pb50 Pg126 Rev 57-134 Out Of 139D-A-15 For 1994

Address: 4803 Blue Bell Ave, Ooltewah, TN 37363-9068
Parcel ID: 131P A 025
Legal Description: Pt Ne 1/4 Sec 25 Twp 5 R 3

Address: Blue Bell Ave, Ooltewah, TN 37363-9068
Parcel ID: 131P A 024
Legal Description: Pt Ne 1/4 Sec 25 Twp 5 R 3

This exceptional land opportunity presents endless possibilities for a visionary investor, builder, or developer. Don't miss your chance to be part of this thriving community's growth. Act now to seize this remarkable development prospect!

1384576

MLS ID

January 1, 2024

Listed

February 16, 2024

Updated

Map

4803 Blue Bell Ave
Ooltewah TN, 37363

Interior Features

Total Stories

1


Bedrooms

2 Beds


Bathrooms

1 Bath


Interior Features

Washer Dryer Hookup, Master on Main Level, Tub/Shower Combo


Appliances

Water Heater - Electric


Floor Description

Carpet, Linoleum


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

7.31 Acres


Exterior Features

Out Building, Porch Covered


Lot Features

Gradual Sloping, Extra Lot Available, Mountain View, Wooded, Sloping, Scenic View, Level


Roof

Shingle

School Information

High School

Ooltewah


Elementary School

Wolftever Creek Elementary

Other Property Details

Area Name

County


Taxes

$818


Tax Frequency

Annually


Garage

Yes


Parking

1 Car Carport, 2 Car Garage, Detached, Off Street Parking, Side Loading


View

No


County

Hamilton


Water Source

Public, Septic Tank, Sewer Available


Pool

No

Listing History

Date

Event

Price

2/13/2024

Price Change

$1,750,000

-30%

 

Courtesy of EXP Realty, LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lawrence Team Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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