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0 Carp Lane, LaFollette, 37766
Priced At: $849,000
Property Details for ID: 1258153
MLS Status: Active
Property Type: Land
On Market Date: 2024-11-01T14:20:09Z
Public Remarks: This expansive nearly 18-acre lakefront tract near Shanghai Marina offers versatile potential for a secluded homesite, multi-home development, or recreational retreat. With approximately 700 feet of shoreline and TVA dock eligibility, the property supports both private dock construction and community access options in one of the only remaining undeveloped coves on Norris Lake. This presents opportunity to create a private waterfront estate with unmatched privacy and panoramic cove views. Residents will enjoy proximity to multiple full-service marinas for boating and dining, as well as access to walking trails, local parks, and amenities within a short drive or boat ride. The area handles high vacation and rental demand with gravel road frontage, a private wooded setting, and proximity to tourism traffic. The land is well-positioned for future development or long-term holding; and this site offers excellent ROI potential for short-term builds or phased community planning. With a quiet, rural setting and access to LaFollette and I-75, the location provides a relaxed lifestyle with modern conveniences nearby.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
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Directions
From LaFollette: US-25W/TN-63 turn right onto Hunters Branch Rd. Turn right onto Demory Rd. In 4.7 miles, take a slight left onto Shanghai Rd (at Demory Mart). In 1.5 miles, turn right onto Shanghai Lane Turn left onto Carp Ln Follow to the end of the cove Property is on the left. GPS: 394-398 Carp Ln, La Follette, TN 37766
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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