Lot 44 & 45 Majestic Circle, Dandridge, TN 37725

$820,000
Property Type: Land Lot Size (sq. ft.): 210,830 Status: Closed
Current Price: $820,000 List Date: 5/26/2020 Last Modified: 9/12/2024

Overview

Description

Amazing Douglas Lakefront! This nearly level, 4.84+/- acre property is located in beautiful Majestic Bay, an upscale neighborhood on the shores of Douglas Lake with some of the most beautiful, luxurious, and modern homes in East Tennessee. Tremendous lake and mountain views are available from every inch of this land. This lakefront community is conveniently situated less than a mile from historic downtown Dandridge. Shopping, schools, and local businesses are all a quick drive away. When it is time for some entertainment, Pigeon Forge is less than a 30 minute drive from the property, or you can be standing in Gatlinburg and the heart of the Great Smoky Mountains in about 45 minutes. Public water, public sewer, natural gas, and high-speed cable internet all service the property. There are two tracts, and both can be purchased together for $899,000. The tract with the barn can be purchased individually for $575,000 (see MLS# 228409), but the vacant tract cannot be purchased separate from ...

Listing Details MLS# 228405

General Property Information

Lot Size Acres
4.84
Sign On Property YN
Yes
View YN
Yes
List Price/Acre
185743.8
Sold Price/Acre
169421.49

Property Features

Lot Features: Gentle Sloping Other Structures: Barn(s) Possession: Close Of Escrow Possible Use: Residential; Single Family Road Frontage Type: City Street Utilities: High Speed Internet Available; Sewer Available View: Lake Water Source: Public Waterfront Features: Lake Access; Lake Front Showing Requirements: Show Any Time

Location Tax and Legal

Street Number
Lot 44 & 45
Street Name
Majestic
Street Suffix
Circle
County
Jefferson
State
TN
Zip Code
37725
Property Sub Type
Unimproved Land
MLS Area Major
Dandridge
Subdivision Name
Majestic Bay

Contract Information

Original List Price
899000
Listing Contract Date
2020-05-26
Owner Name
Justin Price
Listing Agreement
Exclusive Right To Sell
Association YN
No
Association Fee
85
Association Name
Associate Management

Remarks and Miscellaneous

Public Remarks
Amazing Douglas Lakefront! This nearly level, 4.84+/- acre property is located in beautiful Majestic Bay, an upscale neighborhood on the shores of Douglas Lake with some of the most beautiful, luxurious, and modern homes in East Tennessee. Tremendous lake and mountain views are available from every inch of this land. This lakefront community is conveniently situated less than a mile from historic downtown Dandridge. Shopping, schools, and local businesses are all a quick drive away. When it is time for some entertainment, Pigeon Forge is less than a 30 minute drive from the property, or you can be standing in Gatlinburg and the heart of the Great Smoky Mountains in about 45 minutes. Public water, public sewer, natural gas, and high-speed cable internet all service the property. There are two tracts, and both can be purchased together for $899,000. The tract with the barn can be purchased individually for $575,000 (see MLS# 228409), but the vacant tract cannot be purchased separate from the tract with the barn. Take a drive through this lovely neighborhood, and feel free to take a walk on this incredible property. Contact your REALTOR when you are ready to submit your offer. Measurements and descriptions derived from county records, public data, and seller account. Buyer should measure, inspect, and verify.
Directions
From downtown Dandridge head west on W Main Street/Hwy 139 (toward Kodak), go 0.8 miles then turn left into Majestic Bay, turn left onto Majestic Circle, go 0.4 miles to property on left, see signs

Status Change Information

Major Change Timestamp
2020-07-06T06:35:46Z
Major Change Type
Status Change
Status Change Timestamp
2020-07-06
Purchase Contract Date
2020-06-09
Close Date
2020-07-06
Close Price
820000
Buyer Financing
Cash

More Information

Showing Requirements

Showing Instructions
Vacant Land, Non-Gated, Show Anytime. For assistance call Mark Jackson at 865-548-4215 or 865-397-4214. | *Two tracts being sold together - Lots 44 & 45 in Majestic Bay; Deed Book 1433, Page 383 & Deed Book 1530, Page 478; Tax Map 076B, Group B, Parcels 042.00 & 043.00. Taxes reported are for both tracts. Lot 44 (Parcel 042.00) can be purchased individually for $575,000 (see MLS# 228409). Lot 45 (Parcel 043.00) cannot be purchased separate from lot 44. HOA fee is $510/year per tract.
Show Any Time
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Jefferson County
Tax Lot
44 & 45
Book/Page/Doc #
*
Tax Annual Amount
4961
Tax Year
2019

Lot Features

Gentle Sloping
Yes

Other Structures

Barn(s)
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Utilities

High Speed Internet Available
Yes
Sewer Available
Yes

View

Lake
Yes

Water Source

Public
Yes

Waterfront Features

Lake Access
Yes
Lake Front
Yes

Land Details

Cultivated Area
0
Pasture Area
0
Wooded Area
0

Possible Use

Residential
Yes
Single Family
Yes
Listing Office: Jackson Real Estate and Auction
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.