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423-949-4466

 
       

                                     Large acreage lots on O'sage Drive in Soddy Daisy TN
                               

 

If you are looking for acres in Hamilton County you know by now just how hard it can be to find anything over a half acre lot. The Lawson Land Company is now offer large estate lots in this private lakefront setting. This 48 acre development offers 6 lots ranging from 1.24 acres to 16 acres. Many of the lots have access to the lake with two sides of the property being join by TVA public use lake front property.

This land has an abundance of wildlife (lots of deer!), underground utilities, and many great building sites which will allow the owner to build a home that is not viewable from any other homes in the area. The property that TVA owns has many walking trails that lead to the lake shore. The property offers lake front living without the price tag!

We have two lots left, one is a 10.94 acres tract that has great views of the lake on both sides of the property. The other is a 16+ acre tract that will will consider dividing. Below is a overhead photo of the entire property.

 

Below is an outline of the 10.94 acre tract which has wonderful views and level building sites. About 4 acres is level and a nice home site with views has already been cleared. All utilities except sewer is already at the property lines. The property is very private and is surrounded by TVA property. You do have lake access from this lot and the lower part of the property comes within 30 or 40 feet of the lake. This 10.94 acres is priced at $155,000 which is half of the area comps.

 

The state owned property that is in between this land and the lake is public use property which means the public can use the property but it can not be built on so you do not have to worry about someone building a home and blocking your view. While it is public use property it is not used and there is no access without crossing privately held land so you should not have anyone on the property.

 

 

 


Level Building area on the 16.4 acre tract.


The photo's do not give justice to the great views of the water. The state owned land is steep but this land
level at the top with lots of great building lots.


While most of the photo's are taken from the wooded area there is a few cleared level building spots
on the property.


More Great Views
 


This is taken on one of the walking trails on the state owned property.
 


Many great building lots that offer privacy


Underground utilities are run across most of the property.

 

 

Restrictions

Please note that this land is not part of a subdivision and due to the size but there are a few restrictions in place to protect the land value. The restrictions are laid out below.

1. Lots are for residential use only.

 

2. Only one home is allowed per every one acre. Any subdivision of lots must be approved by the developer in written prior to survey.

 

3. Developer reserves the right to approve or disprove all house plans as well as any other structures built on the property.

 

4. All one level homes must be at least 1400 sq ft and all two level or taller homes must be at least 1800 sq ft.

 

5. No commercial, noxious, of offensive activity shall be carried on upon any lot, nor shall anything be done thereon which may be or may become and annoyance or nuisance to the neighborhood.

 

6. The developer reserves the right to grant waivers from these restrictive covenants. Said waiver must be in writing and recorded in the Registers Office of Hamilton County TN.

 

7. No fowls, mules, burros, cattle, sheep, goats, swine, or any other like animals shall be allowed upon any portions of the premise. If horses are kept on premise they must remain inside approved fenced area at all times.

 

8. No mobile homes, manufactured homes, or modular homes are allowed on premise.

 

9. All pets must either be leased or inside a fenced area at all times. Dogs are not allowed to roam free.

COMPARATIVE MARKET ANALYSIS

Friday, September 21, 2007 7:21:56 PM

COMPS FOR LAKE VIEW LOTS (Sold and Active)
Over $47k per acre comps!

  Photo N/A House Photo House Photo
MLS# 1094946 1091166 1091033
Status Active Active Active
Cat LAN LAN LAN
Address 3728 HAMILL RD FOSTER-HIXSON CEMETERY RD THATCH RD
City HIXSON HIXSON HARRISON
Area Hixson-Chattanooga City Limits Hixson-Chattanooga City Limits Hwy 58/Harrison/Georgetown
Subd. HAMILL ACRES RIVER BEND NONE
List Amt $110,000 $550,000 $99,900
Price/Acre $55,000.00 $101,851.85 $19,980.00
Sale Amt $0 $0 $0
Sold Date      
Terms      
DOM N/A N/A N/A
Lot Size     5 ACRES
Acreage +/- 2 5.4 5
Schools(E/M/H) Big Ridge/ Hixson/ Hixson McConnell/ Loftis/ Soddy-Daisy Birchwood/ Hunter/ Central
Remarks SPECTACULAR YEAR ROUND LAKE VIEWS FROM THIS CHOICE PROPERTY ON APPROX. 2 ACRES. THIS FLAG LOT HAS 52 THIS SECLUDED, WOODED ACREAGE HAS OVER 250 FT OF YEAR ROUND WATER FRONTAGE. THIS PRISTINE LAND OFFER Drive down this peaceful country road to a beautiful cleared 5 acre lot with lake access. This is th

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/21/2007 7:21:56 PM

.

  Photo N/A House Photo Photo N/A
MLS# 1091428 1085385 1083330
Status Active Active Active
Cat LAN LAN LAN
Address 6201 MORNING GLORY DR 9560 HORIZON CIR 9200 HARRISON BAY RD
City HARRISON HARRISON HARRISON
Area Hwy 58/Harrison/Georgetown Hwy 58/Harrison/Georgetown Hwy 58/Harrison/Georgetown
Subd. MORNING GLORY FARMS NONE NONE
List Amt $225,000 $250,000 $1,110,000
Price/Acre $15,000.00 $92,592.59 $55,500.00
Sale Amt $0 $0 $0
Sold Date      
Terms      
DOM N/A N/A N/A
Lot Size 15 ACRES 570X157X310 MIRR  
Acreage +/- 15 2.7 20
Schools(E/M/H) Wallace A. Smith/ Brown/ Central Snow Hill/ Brown/ Central Birchwood/ Hunter/ Central
Remarks 15 Beautiful acres - some with scenic views. Ideal building sites for Single Family Dwellings. Also Beautiful mostly level wooded lot with lake view. Close to Bear Trace and marinas. Almost 3 acres. UP ON TOP OF THE HILL RIGHT PAST HAMILTON ISLAND ON THE RIGHT IN THE CURVE. WONDERFUL 180DEGREE VIEW

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/21/2007 7:21:56 PM

.

  House Photo House Photo House Photo
MLS# 1091984 1088520 1063399
Status Active Active Sold
Cat LAN LAN LAN
Address 3605 S GOLD POINT CIR #A 425 GRAYSVILLE RD THATCH RD
City HIXSON SALE CREEK HARRISON
Area N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley Hwy 58/Harrison/Georgetown
Subd. NONE NONE NONE
List Amt $199,900 $650,000 $86,000
Price/Acre $39,900.20 $29,545.45 $17,200.00
Sale Amt $0 $0 $86,000
Sold Date     10/26/2006
Terms     CONVENTIONAL
DOM N/A N/A 187
Lot Size 5.01 ACRES    
Acreage +/- 5.01 22 5
Schools(E/M/H) McConnell/ Loftis/ Soddy-Daisy North Hamilton County/ Sale Creek/ Sale Creek Birchwood/ Hunter/ Central
Remarks Panoramic water and mountain views! 5 Beautiful acres of potential. Gated entrance. Could be purchas Breath taking views of the Tennessee River and surrounding mountians. These sellers are selling 22( LEVEL 5 ACRE LOT - WATER VIEW AND ACCESS - CITY WATER, ELECTRICITY SPETIC PERMIT - BUILD YOUR DREAM

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/21/2007 7:21:57 PM

.

  Photo N/A Photo N/A  
MLS# 1080203 1069322  
Status Sold Sold  
Cat LAN LAN  
Address DOGWOOD DR ALBERMARLE RD  
City HARRISON SODDY DAISY  
Area Hwy 58/Harrison/Georgetown N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley  
Subd. WARE BRANCH ALBERMARLE  
List Amt $130,000 $175,000  
Price/Acre $19,033.67 $87,500.00  
Sale Amt $130,000 $145,000  
Sold Date 02/07/2007 09/22/2006  
Terms OTHER CASH  
DOM 4 56  
Lot Size 533X878 IRR 2 ACRES  
Acreage +/- 6.83 2  
Schools(E/M/H) Birchwood/ Hunter/ Central McConnell/ Loftis/ Soddy-Daisy  
Remarks Resort living within 25 miles of Hamilton Place Mall. Wooded acerage with established lake front com Diamond in the rough! Your chance to own almost 3 acres across the street from scenic Lake Chickama  

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/21/2007 7:21:57 PM

.


Status Total Avg Price Avg $ per Sqft/Lt.Sz Sqft Median Low High Avg DOM
ACT 8 $399,350 $51,171.26 $237,500 $99,900 $1,110,000 N/A
PND 0 $0 $0.00 $0 $0 $0 0
SLD 3 $120,333 $36,244.56 $130,000 $86,000 $145,000 82
EXP 0 $0 $0.00 $0 $0 $0 0
WTH 0 $0 $0.00 $0 $0 $0 0
Total 11 $323,255 $47,100.34 $199,900 $86,000 $1,110,000 22

COMPARATIVE MARKET ANALYSIS

Friday, September 21, 2007 7:06:49 PM

 

 

 

RAW NONE LAKE VIEW COMPS (SOLD ONLY)

COMPARATIVE MARKET ANALYSIS

Saturday, September 22, 2007 11:58:24 AM

 

  House Photo House Photo House Photo
MLS# 1092521 1077069 1077071
Status Active Active Active
Cat LAN LAN LAN
Address 857 SHIPLEY FARM LN 20 STORMER RD #LT 20 21 STORMER RD #LT 21
City SALE CREEK BAKEWELL BAKEWELL
Area N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley
Subd. SHIPLEY FARM STORMER HGTS STORMER HGTS
List Amt $50,000 $53,214 $55,370
Price/Acre $10,000.00 $9,800.00 $9,800.00
Sale Amt $0 $0 $0
Sold Date      
Terms      
DOM N/A N/A N/A
Lot Size   0 0
Acreage +/- 5 5.43 5.65
Schools(E/M/H) North Hamilton County/ Sale Creek/ Sale Creek North Hamilton County/ Sale Creek/ Sale Creek North Hamilton County/ Sale Creek/ Sale Creek
Remarks Beautiful 5 acre wooded tract. Mature hardwoods. Convenient to Chattanooga yet private and secluded. BEAUTIFUL ACREAGE CONVENTIENT TO DAYTON AND DOWNTOWN CHATTANOOGA. TWENTY THREE LOTS AVAILABLE FROM BEAUTIFUL ACREAGE CONVENIENT TO DAYTON AND DOWNTOWN CHATTANOOGA. TWENTY THREE LOTS AVAILABLE FROM TH

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/22/2007 11:58:24 AM

.

  House Photo House Photo House Photo
MLS# 1092909 1086638 1082943
Status Active Active Active
Cat LAN LAN LAN
Address 10705 DALLAS HOLLOW RD OLD HOTWATER RD 12700 OLD DAYTON PIKE
City SODDY DAISY SODDY DAISY SODDY DAISY
Area N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley
Subd. NONE VIRGIE E REDDEN NONE
List Amt $60,000 $65,000 $159,000
Price/Acre $5,000.00 $21,666.67 $10,965.52
Sale Amt $0 $0 $0
Sold Date      
Terms      
DOM N/A N/A N/A
Lot Size 674X1159 IRR 3 ACRES SEE ACREAGE
Acreage +/- 12 3 14.5
Schools(E/M/H) Soddy/ Soddy-Daisy/ Soddy-Daisy Falling Water/ Soddy-Daisy/ Soddy-Daisy South Beatrice/ Soddy-Daisy/ Soddy-Daisy
Remarks 12 wooded acres of beautiful wooded land, new houses nearby, 50x467 foot right of way leads up to ac Nice Building tract -Restrictions- Beautiful mountain property. Oak trees adorn and add beauty to th * 14.5 LOVELY, WOODED ACRES IN HAMILTON COUNTY * ZONED R2A ON FIRST 326 FEET WHICH ALLOWS FOR DOUBLE

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/22/2007 11:58:25 AM

.

  Photo N/A House Photo House Photo
MLS# 1072796 1083494 1081238
Status Active Active Active
Cat LAN LAN LAN
Address NELSON SPUR RD #20 9832 INDIAN RIDGE LN 8469 TWILIGHT DR
City HIXSON SODDY DAISY SODDY DAISY
Area N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley
Subd. NONE NONE ASHLEY PLACE
List Amt $160,900 $169,900 $189,000
Price/Acre $45,971.43 $7,722.73 $18,068.83
Sale Amt $0 $0 $0
Sold Date      
Terms      
DOM N/A N/A N/A
Lot Size 290X718   10.46
Acreage +/- 3.5 22 10.46
Schools(E/M/H) McConnell/ Loftis/ Soddy-Daisy Falling Water/ Soddy-Daisy/ Soddy-Daisy Ganns-Middle Valley/ Loftis/ Soddy-Daisy
Remarks LAND HAS A GENTAL SLOPE UP OTHERS ARE AVAILABLE THAT ADJOINING ENJOY ALL THE PARK HAS TO OFFER AND Must see this beautiful mountain acreage with plenty of space to build your dream home. 600 acres of GREAT PROPERTY FOR SINGLE RESIDENCE OR TO SUBDIVIDE. HAS A BEAUTIFUL VIEW OF VALLEY AND SIGNAL MOUNT

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/22/2007 11:58:25 AM

.

  House Photo House Photo Photo N/A
MLS# 1091984 1040644 1088914
Status Active Active Active
Cat LAN LAN LAN
Address 3605 S GOLD POINT CIR #A 10556 DAYTON PIKE 970 POINTED ROCK LN
City HIXSON SODDY DAISY HIXSON
Area N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley N Ham Co/Soddy/Bakewell/Sale Cr/Middle Valley
Subd. NONE NONE FALLING WATER HEIGHTS
List Amt $199,900 $219,900 $233,694
Price/Acre $39,900.20 $12,216.67 $51,702.21
Sale Amt $0 $0 $0
Sold Date      
Terms      
DOM N/A N/A N/A
Lot Size 5.01 ACRES 18 ACRES 4.52 ACRES
Acreage +/- 5.01 18 4.52
Schools(E/M/H) McConnell/ Loftis/ Soddy-Daisy Daisy/ Soddy-Daisy/ Soddy-Daisy Falling Water/ Soddy-Daisy/ Soddy-Daisy
Remarks Panoramic water and mountain views! 5 Beautiful acres of potential. Gated entrance. Could be purchas EXCELLENT INVESTMENT PROPERTY, GREAT LOCATION FOR SUBDIVISION OR FARM, COULD ALSO BE COMMERCIAL WITH  

This is a Broker opinion.


 

--Information deemed reliable but not guaranteed. This is a Broker opinion.--Copyright: 2007 by the Chattanooga Association of Realtors MLS

Prepared by PATRICIA SAVAGE of RE/MAX SOUTHERN PROPERTIES on 9/22/2007 11:58:25 AM

.

  House Photo House Photo House Photo
MLS# 1090693 1055260 1055224
Status Active Sold Sold