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1A Cherohala Skyway, Tellico Plains, TN 37385

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For Sale

$559,000

1.4 acres

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.4 acres
    Lot size

Explore this Property

Premier Acreage - READY TO BUILD near downtown Tellico Plains at the corner of Veterans Memorial and Cherohala Skyway! 1.4 Acre Tracts (Up to 4 tracts) Available. Level, cleared lot in commercial corridor. No clearing costs. Dirt to development in record time. This is the site that saves you 6 months and significant capital before you even break ground. All utilities accessible. POSITIONED AT THE EPICENTER OF EAST TENNESSEE'S TOURISM BOOM Tellico Plains - a vintage mountain town experiencing a remarkable renaissance as Tennessee's newest must-visit destination. With an estimated $31.7 billion in tourism revenue flowing into Tennessee's economy, this strategic location places you at the gateway to some of the nation's most sought-after outdoor recreation and scenic driving experiences. The Cherohala Skyway is a 43-mile National Scenic Byway connecting Tellico Plains to Robbinsville, North Carolina, completed at a cost of $100 Million. '' Featured as one of the Discovery Channel's Top 10 Motorcycle Rides in North America. UNPRECEDENTED GROWTH: Real Estate Performance: Tellico Plains has experienced some of the highest home appreciation rates in the nation over the last 10 years, with real estate appreciating 145.57% - an average annual appreciation rate of 9.40%, placing Tellico Plains in the top 10% nationally for real estate appreciation. The area has experienced explosive growth in hospitality and dining establishments, transforming from a quiet lumber town into a sophisticated mountain resort community while maintaining its authentic charm. TARGET MARKET: ADVENTURE SEEKERS & EXPERIENCE-DRIVEN TRAVELERS Motorcycle enthusiasts (estimated 2+ million annually travel through the region for the Dragon and Skyway) Outdoor recreation enthusiasts, Second-home buyers seeking mountain escapes, Eco-tourism and luxury travelers, Baby boomers and retirees relocating. Tellico Plains has emerged as a culinary hotspot Tellicafe - Monroe County's premiere restaurant, helmed by a Certified Executive Chef from the Culinary Institute of America, featuring an impressive diverse menu. Iron Works Grille - Riverside dining on the Cherohala Skyway with hand-crafted cocktails. Tellico Grains Bakery - destination bakery offering fresh-baked breads, brick-fired pizza, and artisan pastries. Peach Street Grill - locally sourced menu rivaling big city restaurants. La Loteria - authentic Mexican cuisine that visitors rave about EMERGING RETAIL SOPHISTICATION The downtown district has evolved beyond typical small-town offerings to feature: Abstract - a thoughtfully curated art and design shop offering quality furniture, bedding, accessories, and gift items, with personal design consultation services. Tellico Outfitters - premier fly-fishing outfitters with guided mountain trips. Tellico Arts Center - featuring over 80 local artists. Scott Street Gallery - local and regional fine art. Wren Rock Mercantile - curated antiques and artisan goods. Tellico Goods and Gear WORLD-CLASS ATTRACTIONS WITHIN 50 MILES The Lost Sea (35 miles): America's largest underground lake attracting about 2,000 visitors daily. Bald River Falls: A breathtaking 90-foot waterfall with newly completed bridge and pedestrian overlook. Cherokee National Forest, and Great Smoky Mountains National Park. Strategic Location: - 1 hour from Knoxville TYS Airport - 35 miles - 1.5 hrs from Chattanooga - 2.5 hrs from Atlanta
MLS# 1322991

Courtesy Of Mike Fuller Realty & Co.

(865) 909-7471

Property Features

  • Lot Size
    1.4 Acres

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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