$4,999,000

1755 Ward Rd, Decatur, TN 37322

Decatur, TN 37322 · Meigs County

72 days on market · MLS# 1335411

Home Facts

Features

About This Property

With 16 Existing Homes, this property is situated in the beautiful East Tennessee Valley, this property presents a rare opportunity for investors, developers, or buyers seeking a versatile tract with existing infrastructure already in place. Positioned between Knoxville and Chattanooga, it offers strong regional accessibility while maintaining a quiet rural setting suitable for a wide range of uses. With existing homes in place, it provides immediate residential or rental income potential. Whether utilized as long-term rentals, short-term accommodations, workforce housing, or part of a larger community concept, the existing structures create a strong foundation for future growth. In addition to the homes, a community center is already established on-site, offering space for gatherings, meetings, or shared amenities. This feature supports potential use as a retreat, camp, or organized residential development. The land itself showcases a balanced mix of open fields and timber, creating multiple opportunities for agriculture, recreation, or expansion. The diverse terrain supports flexible land use, whether for grazing, gardening, or future building sites. A year-round creek flows through the property, enhancing both the natural beauty and functional value of the land by providing a reliable water source. Additionally, a pond on the property offers further utility for livestock, fishing, or recreational enjoyment. Extensive road frontage ensures easy access throughout the property and supports future subdivision or development plans. The layout and accessibility make it well-suited for a variety of potential uses including a private estate, family compound, retreat center, campground, or business venture. The scale and infrastructure also make it attractive for developers looking to create a residential or mixed-use community in a growing region of East Tennessee. Its location between two major cities enhances its long-term investment potential while still providing the privacy and space buyers seek in a rural setting, offering both seclusion and accessibility. This property is conveniently located near two of East Tennessee's most well-known recreational waterways, Watts Bar Lake and Chickamauga Lake. Both lakes are nationally recognized for bass fishing and offer extensive opportunities for boating, kayaking, and outdoor enjoyment. The proximity to both lakes adds significant recreational value, making the property appealing for outdoor enthusiasts, investment use, or those seeking access to some of the region's top water resources. Wildlife is abundant in this area, with whitetail deer and wild turkey. The mix of timber and open ground creates ideal habitat conditions, making the property appealing for recreational use including hunting and outdoor activities. This is a unique opportunity to acquire a large acreage tract with significant improvements already in place, natural water features, and strong potential for income, recreation, or future development in East Tennessee.

Property Details

Market Snapshot

Location