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0 S Pittsburg Mountain Rd - 615 acres Happy Hallow Vista

615 Acres of Residential Land Offered at £2,269,105 in South Pittsburg, TN 37380

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Executive Summary

It is an investor's dream to have the opportunity to purchase 615+/- acres to develop into a premier residential community, vineyard, resort, recreation, or private estate overlooking the TN River in S Pittsburg, TN. Minutes off i24 exit 152a, less than 20 miles outside downtown Chattanooga. There are two other extraordinary communities, Black Creek and Jasper Highlands, that are already developed, and River Gorge Ranch is right around the corner being developed in the local area. Happy Hollow Vista would complement the other 3 to add additional amenities and homesites a short drive outside downtown Chattanooga, TN. Please visit the property website to view and share the extensive details with your team.
We look forward to working with you. HappyHollowVista

A Vision Book TN

F 4 acres Survey

E Vick Survey 481 details

E southpittsburgplat Vick

G Survey HHV 55 acres purchased 2011-04

D zoning_ordinance

Financial Summary (Actual - 2023)	Annual	Annual Per AC
Taxes	£5,321	£8.65
Operating Expenses	-	-
Total Expenses	£5,321	£8.65

Financial Summary (Actual - 2023)

Taxes
Annual	£5,321
Annual Per AC	£8.65

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	£5,321
Annual Per AC	£8.65

Property Facts

Price	£2,269,105	Property Subtype	Residential
Sale Type	Investment	Total Lot Size	615.00 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	£2,269,105
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	615.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£2,269,105	Lot Size	615.00 AC
Price Per AC	£3,690

Price	£2,269,105
Price Per AC	£3,690
Lot Size	615.00 AC

Description

Prime commercial or residential development opportunity to leverage the TN River Town Initiative. 615+/- sloping acres overlooking the scenic Tennessee River and the quaint town of South Pittsburg, TN. Well-suited for various uses, including hospitality, specialty, sports and entertainment, and residential and commercial development. The property is located in an Opportunity Zone, granting tax incentives to developers. Tennessee is ranked #1 for business climate, with low business tax rates and no personal income tax. South Pittsburg is part of an exciting new program to embrace the Tennessee River; it is designated as a Tennessee Riverline "RiverTown." The project is an initiative to promote the development of commerce and recreation along the 652-mile Tennessee River.

PROPERTY TAXES

Parcel Numbers	Multiple 141-009.00 142-022.51 141-051.00 141-052.00	Total Assessment	£141,682 (2024)
Land Assessment	£141,682 (2024)	Annual Taxes	£5,321
Improvements Assessment	£0 (2024)	Tax Year	2023