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1622 Monteagle Falls Rd 3.63 Acres of Commercial Land Offered at $58,000 in Monteagle, TN 37356
Investment Highlights
- Unrestricted Use = Maximum Flexibility
- Location + Demand (Monteagle / Cumberland Plateau)
- Build-Ready Infrastructure
Executive Summary
Build-ready 3.63-acre unrestricted parcel in the heart of Tennessee’s Cumberland Plateau short-term rental market, positioned between Sewanee and downtown Monteagle.
Projected Use Cases
• Single-cabin STR build (typical Plateau cabin: $250K–$350K all-in; comparable area STRs gross $40K–$70K per year)
• Multi-unit cabin development (parcel supports 2–3 cabins with separate septic, subject to county approval)
• Long-term residential build with future STR conversion option
Why This Parcel
• Unrestricted zoning: no HOA, no STR prohibitions
• Approved septic permit shortens development timeline
• Electric at road, water via well
• 137 ft of paved road frontage
• Cleared and mulched homesite eliminates first phase of site work
• 45 minutes to Chattanooga (1M+ MSA), 90 minutes to Nashville
• Low carrying cost — $110/year property tax
Market Context
The Sewanee/Monteagle STR market benefits from year-round demand drivers: University of the South events (parents weekends, graduations, family programs), Monteagle Assembly Grounds, Cumberland Plateau outdoor recreation (Foster Falls, Greeter Falls, Mountain Goat Trail, Savage Gulf State Park), and steady weekend second-home traffic from three major metros.
Asking $67,000 ($18,457 / acre). Survey, soil evaluation, and septic permit available for due diligence.
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$7,725
|
$2,128.10
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,725
|
$2,128.10
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $7,725 |
| Annual Per AC | $2,128.10 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $7,725 |
| Annual Per AC | $2,128.10 |
Property Facts
1 Lot Available
Lot
| Price | $58,000 | Lot Size | 3.63 AC |
| Price Per AC | $15,977.96 |
| Price | $58,000 |
| Price Per AC | $15,977.96 |
| Lot Size | 3.63 AC |
BEGINNING at a 1 1/2 inch old iron pin on the eastern boundary of a county road named Monteagle Falls Road, which pin is 416.62 feet from the south side of N. C. & St. L.R.R. (not now existing); thence on a correct bearing of North 54 degrees 44 min
Description
Unrestricted 3.63-acre development opportunity in Monteagle, TN with over 137 ft of road frontage. Strategically located in the Fourth Civil District of Grundy County, this build-ready parcel offers excellent flexibility for a wide range of residential, recreational, or light commercial uses. The property includes an approved septic permit, access to city electric, and is well-suited for private well installation—minimizing upfront infrastructure hurdles. With no HOA or deed restrictions, investors and developers have the freedom to execute a variety of projects, including short-term rental cabins, multi-unit builds, manufactured housing, or a boutique retreat concept. Gently rolling topography provides multiple potential build sites, allowing for efficient site planning and phased development if desired. The parcel’s layout and frontage support easy access and visibility while maintaining a private, natural setting. Located just minutes from downtown Monteagle and with convenient access to I-24, the property benefits from strong regional tourism driven by the Cumberland Plateau’s outdoor attractions, hiking trails, and nearby state parks. This area continues to see increasing demand for vacation rentals and second-home development. Key Highlights: - 3.63 acres | Unrestricted land - 137+ ft road frontage on Monteagle Falls Road - Approved septic permit in place - City electric available | Well-ready - Multiple build sites | Favorable topography - No HOA | No deed restrictions - Proximity to I-24 and Monteagle town center - Strong short-term rental and investment potential
Property Taxes
| Parcel Number | 101-094.00 | Total Assessment | $7,725 |
| Land Assessment | $7,725 | Annual Taxes | $7,725 |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Contact the Sale Advisor
1622 Monteagle Falls Rd