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For sale
  • Price cut: $250K (4/24)
    $750,000

    110 Falls Ln, Spencer, TN 38585

    1beds
    525sqft
    : 
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    Mixed Use
    Built in 2022
    10 Acres Lot
    $714,100 Zestimate®
    $1,429/sqft
    $-- HOA

    What's special

    Gated entryNumerous walking trailsDramatic brow lot viewsGleaming tileLevel gravel drivewayDecorative lightingGravel roads
    Absolutely breathtaking acres, located atop the Cumberland Plateau in scenic Spencer, Tennessee. Just an hour away from Chattanooga and 1.5 hours from Nashville, this private piece of paradise offers dramatic brow lot views that must be experienced to truly comprehend its beauty. This property offers several incredible building sites to choose from, giving you the option to split it into two 5-acre tracts or even build guest homes for extended family. Access the property through a private gate at the end of a cul-de-sac, and enjoy the level gravel driveway leading up to a massive 32x40 ft metal double garage with a brand new 500 sq ft apartment featuring high-end finishes. The apartment is a perfect spot to live while building your dream home. It boasts gleaming tile, a dining area, decorative lighting, a spacious handicap accessible full bath, top-of-the-line washer/dryer, water filtration system, and a beautiful room with plenty of natural lighting. The full kitchen exceeds expectations with a long countertop, stainless farmhouse sink with commercial-grade fixtures, soft close cabinets with under cabinet lighting, and high-end black stainless appliances including a touch screen refrigerator, microwave, dishwasher, and convection oven. All utilities are in place and fiber optic internet is available to maintain your work and lifestyle seamlessly. There are also two separate septic systems installed for the apartment and a future home/cabin on one of the scenic peninsulas. Outdoor features include gated entry, gravel roads, water spigots around the property, and numerous walking trails for exploring the property's rock overhangs, formations, waterfall, or following a path down to the Rocky River. The owner of this property currently holds an active real estate license. Owner will consider owner financing with 30% down, amortized over 30 years with a 7 year balloon payment, interest rate is negotiable.
    226 days
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    574
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    31
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    Zillow last checked:

    Listing updated:

    Listed by:

    Geoffrey S Ramsey 423-227-5564,

    Real Estate Partners Chattanooga LLC 423-362-8333

    Source: Greater Chattanooga Realtors,MLS#: 1524910

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Dishwasher, Electric Range, Free-Standing Electric Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
      • Laundry: Laundry Closet, Washer Hookup
      Features
      • Eat-in Kitchen, High Speed Internet, Recessed Lighting, Tub/shower Combo
      • Flooring: Luxury Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 525
      • Total interior livable area: 525 sqft
      • Finished area above ground: 525

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage, Gated, Gravel
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Bedroom, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Kitchen, Accessible Kitchen Appliances
      Features
      • Exterior features: None, Outdoor Shower
      • Has view: Yes
      • View description: Mountain(s), Panoramic, Rural, Trees/Woods, Valley
      Lot
      • Size: 10 Acres
      • Dimensions: 10 acres IRR
      • Features: Irregular Lot, Level, Many Trees, Native Plants, Private, Sloped, Split Possible, See Remarks, Steep Slope, Views, Waterfall, Wooded, Brow Lot
      Details
      • Parcel number: 068 092.00
      • Special conditions: Agent Owned

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Materials
      • Metal Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Sewer: See Remarks, Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Available, Electricity Connected, See Remarks, Water Available, Water Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Spencer

      Financial & listing details

      • Price per square foot: $1,429/sqft
      • Tax assessed value: $134,400
      • Annual tax amount: $806
      • Date on market: 12/5/2025
      • Listing terms: Cash,Conventional,Owner May Carry

        Estimated market value

        $714,100

        $678,000 - $750,000

        $1,439/mo

        Price history

        DateEventPrice
        4/24/2026Price change$750,000-25%$1,429/sqft
        Source: Greater Chattanooga Realtors #1524910 Report a problem
        12/5/2025Listed for sale$1,000,000$1,905/sqft
        Source: Greater Chattanooga Realtors #1524910 Report a problem
        12/1/2025Listing removed$1,000,000$1,905/sqft
        Source: Greater Chattanooga Realtors #1513607 Report a problem
        5/27/2025Listed for sale$1,000,000+33.3%$1,905/sqft
        Source: Greater Chattanooga Realtors #1513607 Report a problem
        1/20/2025Listing removed$750,000$1,429/sqft
        Source: Greater Chattanooga Realtors #1385503 Report a problem
        1/20/2024Listed for sale$750,000+1400%$1,429/sqft
        Source: Greater Chattanooga Realtors #1385503 Report a problem
        4/15/2019Sold$50,000-36.7%$95/sqft
        Source: Public Record Report a problem
        3/13/2019Listed for sale$79,000$150/sqft
        Source: Century 21 Professional Group #1296058 Report a problem
        2/1/2019Listing removed$79,000$150/sqft
        Source: EXIT ROCKY TOP REALTY COOKEVILLE #187863 Report a problem
        8/27/2018Listed for sale$79,000-1.1%$150/sqft
        Source: EXIT ROCKY TOP REALTY COOKEVILLE #187863 Report a problem
        1/12/2018Listing removed$79,900$152/sqft
        Source: CENTURY 21 Professional Group #1267516 Report a problem
        7/21/2017Listed for sale$79,900$152/sqft
        Source: CENTURY 21 Professional Group #1267516 Report a problem
        6/9/2017Listing removed$79,900$152/sqft
        Source: CENTURY 21 Professional Group #1247529 Report a problem
        2/17/2017Price change$79,900-19.3%$152/sqft
        Source: CENTURY 21 Professional Group #1247529 Report a problem
        6/10/2016Listed for sale$99,000$189/sqft
        Source: CENTURY 21 Professional Group #1247529 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$806 $33,600
        2024$806 $33,600
        2023$806 +70.8%$33,600 +70.8%
        2022$472 $19,675
        2021-- $19,675 -36.6%
        2020$717 $31,025
        2019$717 -24.6%$31,025 -37%
        2018$950 0%$49,225
        2017$950 $49,225
        2016$950 $49,225
        2015$950 $49,225
        2014$950 $49,225
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 38585

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Spencer Elementary
        • Middle: Spencer Middle
        • High: Van Buren County High

        Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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