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Friendship Hollow Rd, Speedwell, 37870
Priced At: $999,999
Property Details for ID: 1298042
MLS Status: Active
Property Type: Land
On Market Date: 2025-04-20T16:54:01Z
Subdivision: NONE
Public Remarks: This expansive 278.1-acre UNRESTRICTED tract along the Powell River in Speedwell, TN offers a RARE combination of Partially NON-TVA owned waterfront, development flexibility, and natural beauty. Whether you're looking to develop a residential community, establish a family retreat, or secure versatile land for recreation and investment, this property delivers on scale, location, and opportunity. FEATURING approximately 2,407 feet of shoreline, including 1,263 feet OF NON-TVA OWNED SHORELINE (buyer to verify TVA and dock permitting guidelines), this land offers direct access to the Powell River—which flows into the main channels of Norris Lake. -- UNRESTRICTED LAND - suitable for residential, recreational, agricultural, or multi-use development (buyer to verify permitted uses). NO HOA. -- Ideal for subdivision or a private compound --Great location for fishing, hunting, boating, and scenic living Two county road access points, AND One Private access road enhance accessibility and development potential: Wagon Hollow Rd - direct access to the waterfront & shoreline portion of the lower tract. Friendship Hollow Rd - dead ends into the interior, with existing log road infrastructure. This access point offers jaw-dropping river & mountain views. Pump Hollow Rd - leads to the upper tract of the property via rough-cut in logging road The land features rolling wooded terrain, and partially cleared areas from prior logging. (buyer to verify view corridors). Utilities: Electric on street at the entrance to property on friendship hollow & pump hollow (buyer to verify). Electric is also available on Wagon Hollow. City water access available (buyer to verify tap availability). There is also a spring located on Tract 7 A unique chance to own one of East Tennessee's most VERSATILE large tracts—ideal for those seeking FREEDOM FROM RESTRICTIONS with access to one of the state's most beloved river and lake. Buyer to verify all information including acreage, zoning, TVA, utility availability, and permitted uses. Please see TVA Dock map, along with survey, slope maps, & topography maps in the MLS listing under ''documents''. DO NOT CROSS FENCES / GATES OF NEIGHBORING PROPERTY
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
Exterior Features
Property Details
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HOA Information
HOA Fee: 0
HOA Contact: NONE
Community Features
Outbuildings
Up Coming Open Houses
Directions
FROM KNOXVILLE: Take I-75 N to exit 134 (Caryville, Jacksboro, Lafollette), Travel 29.2 miles before turning right onto Sharp Ln. Travel 0.1 miles and turn left onto Old Hwy 63. Travel 0.1 miles and turn right onto Yoakum Rd. Travel 1 mile and turn left onto Back Valley Rd AND then make an immediate right onto Pump Hollow. Go straight (Road dead-ends into Friendship Hollow & property. The Sign is located at the property entrance on Friendship Hollow.
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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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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!