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214 Edmonds Rd, Spencer, 38585
Priced At: $1,499,999
Property Details for ID: 1292908
MLS Status: Active
Property Type: Land
On Market Date: 2025-03-11T18:21:47Z
Public Remarks: Generational Farm with 43 Acres & Income-Producing Cell Tower! Discover the charm and potential of this private 43-acre generational farm, sold as one package across two parcels. Nestled in a serene setting, this property offers approximately 33 acres of picturesque land, featuring a 5-acre lake, a 30x530 chicken/tobacco barn, and one uninhabitable home ready for restoration or new possibilities. The second parcel (Parcel ID: 024 006.03), known as 215 Edmonds Road, consists of 10 acres with an income-generating cell tower, providing a steady monthly residual of $805/month—a unique bonus for investors or families seeking passive income. This farm is a perfect retreat with endless potential. Restore its beauty and make it your private homestead, hobby farm, or recreational getaway. Located just minutes from downtown Spencer, I-40, Sparta, and Crossville, this property offers both seclusion and convenience. Don't miss this rare opportunity to bring this farm back to life and enjoy its timeless charm!
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
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Directions
I-40E toward Knoxville; EXIT 287 Sparta SR-136; S Jefferson Ave toward Sparta; Keep R merge SR-111 South toward Sparta, SR-136 South; Keep R Spencer Hwy toward Spencer TN; Turn R Andrew K Parker Rd; Turn R Hill Rd; R Spokelay L Edmonds; Property on Right
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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.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!