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  • $910,000

    16408 Highway 11 E, Lenoir City, TN 37772

    --beds
    --baths
    10.69Acres
    Unimproved Land
    Built in ----
    10.69 Acres Lot
    $617,800 Zestimate®
    $--/sqft
    $2,883 Estimated rent

    Home value

    $617,800

    $408,000 - $883,000

    $2,883/mo

    Zestimate® history
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    $5,248/mo

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    $5,248/mo

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    What's special

    PLEASE READ!! This property may be sold as a single parcel or as a whole tract in combination with MLS #: 1312058, as listed by MLS #: 1312020. The houses on this land are not vacant and therefore, any showings of the land or the houses, must be scheduled and confirmed. Unlock the full potential of this exceptional property located at 16404 & 16408 US Highway 11. Sitting just shy of 11 sprawling acres, this rare offering blends location, accessibility, and development possibilities. Situated just minutes from the heart of Farragut, this property provides a seamless connection to West Knoxville's thriving residential and commercial corridors while maintaining easy access to I-75, I-40, and Highway 321. Whether your vision is residential, commercial, or mixed-use, the location offers unmatched convenience for both residents and businesses. Living or working here means being just minutes from top-rated schools, shopping destinations, restaurants, parks, and recreational facilities. Farragut's charm, combined with its steady growth, ensures strong demand and long-term value for any development. The land offers a versatile mix of open, gently rolling terrain and mature tree lines, creating an ideal balance for both development and natural privacy. With its frontage along US Highway 11, the property ensures high visibility—perfect for future commercial ventures—while still allowing for thoughtfully designed residential communities. Utilities are nearby, making infrastructure planning straightforward for your next project. Development Possibilities: Residential subdivision with large estate lots or upscale townhomes - zoning to be confirmed by Buyer. Commercial or mixed-use complex to meet Farragut's growing demand. Equestrian estate, farm, or private retreat. Strategic land hold for future appreciation in a rapidly expanding market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dominique Oro 865-238-0002,

    Honors Real Estate Services LLC

    Bought with:

    Deana Holt, 355649

    United Real Estate Solutions

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3032585MLS Logo

    Facts & features

    Property

    Lot
    • Size: 10.69 Acres
    • Features: Rolling Slope, Other
    • Topography: Rolling Slope,Other
    Details
    • Parcel number: 011 03500 000
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Lenoir City

    Financial & listing details

    • Tax assessed value: $336,500
    • Annual tax amount: $1,488
    • Date on market: 10/23/2025
    • Road surface type: Other

    Price history

    DateEventPrice
    10/22/2025Sold$910,000+1.1%
    Source: RealTracs MLS as distributed by MLS GRID #3032585 Report a problem
    8/18/2025Pending sale$900,000+56.5%
    Source: East Tennessee Realtors #1312020 Report a problem
    8/14/2025Price change$575,000-36.1%
    Source: East Tennessee Realtors #1312095 Report a problem
    8/14/2025Listed for sale$900,000
    Source: East Tennessee Realtors #1312020 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,488 $84,125
    2024$1,488 +16.5%$84,125
    2023$1,277 $84,125
    2022$1,277 $84,125
    2021-- $84,125 +9.8%
    2020$1,382 $76,625
    2019$1,382 $76,625
    2018$1,382 0%$76,625
    2017$1,382 +22.7%$76,625 +26.5%
    2016$1,126 +0%$60,575
    2015$1,126 $60,575
    2014$1,126 $60,575
    2013-- $60,575
    2012$1,137 $60,575 -4.8%
    2011$1,137 +12.6%$63,625
    2010$1,010 $63,625
    2009$1,010 -17.3%$63,625
    2008$1,222 +33.2%$63,625 +27.7%
    2007$917 $49,825
    2006$917 $49,825
    2005$917 +3.4%$49,825
    2004$887 +21.3%$49,825 +21.3%
    2003$731 $41,075 +87.8%
    2001-- $21,877 -74.5%
    2000-- $85,940
    Find assessor info on the county website

    Neighborhood: 37772

    Nearby schools

    GreatSchools rating