Waterfront Lakefront lake $175,000 in Spencer, TN

10 photos
10 photos

Waterfront Lakefront lake $175,000

Spencer, TN
Private lake paradise! Hidden less than 1 minute off Hwy 111, *straight,no wiggly backroads 25 min drive to/from Cookeville, 10 min to Sparta, TN & 1 1/2 hours to Nashville!
Located a short drive to Fall Creek Falls State Park, w/ a 256' waterfall *see last pics
This gorgeous 15.411 acres of waterfront land has all the city utilities available within a country setting. Also because this is in the city limits there are no septic systems in use by surrounding properties which adds to the water quality of the lake. Also there are two small waterfalls on the property where the water flows in & out & a new restaurant is being built a short walk down the street!
This land is conveniently located and suitable for any number of purposes and has the (lower taxes) greenbelt exemption applied to it that starts next year.
Zoned RR (residential, rural/ agriculture) you can build a home, farm or vacation cabin(s) w/ great fishing & privacy! Great for anyone's dreams for a family home/farm, retirement or business endeavors! You won't find anything like this at any price! We searched years before finding this land situated a minute tucked away off a 4 lane rural Hwy w/ VERY low traffic! No country wiggly backroads to travel to get& it, so it is super easy to access it anytime of year, with the water level staying constant & CLEAR, and it even qualifies for the greenbelt tax break and is now zoned so it has endless possibilities for any legal use you can dream of! One fellow wanted to put a "wedding barn" on it, which we thought was a great business idea given the location! The land is situated so you can have a business on one side of the lake & a home on the other so no commute time at all!

This peaceful spring fed lake's water stays a constant level ALL year long, w/ no flooding issues whatsoever. Even through the recent heavy rainfalls the water level stayed consistent.

There's an old, 2 story barn that sits in front of the water & has an oak & pine exterior w/ oak floors on the 2nd floor, so if you like the reclaimed barn wood look, you have plenty of free building materials on hand to use or sell.

For the farmers, the land lays beautifully for raising crops, U pick blueberry place etc or put some animals on one side of lake & have your home on the opposite side or you can hay it etc The county has several programs to aid farmers that apply to this, like helping pay for cross fencing etc to paying 1/2 of a hay barn up to a $15K *they will pay $7500! There are just so many possibilities for this land.
There is a variety of trees and many suitable areas to build on ALL with great water front views!
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383 McCoy Street Spe...
Spencer, TN 38585
   Ad Details
Ad #6043872
Price $175,000
CategoryHomes & Land
PostedMarch 29, 2019
2:32 pm
EndsApril 28
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