8756 Grey Reed Drive, Ooltewah, TN 37363

$400,000

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List Price
$400,000
Status
ACTIVE
MLS#
1540654
Subtype
Land
Lot Size
25,700
Acres
0.59
Subdivision
Savannah Cove

Property Description

Rare Lake Access Opportunity in Savannah Cove! One of only two remaining lots for sale in Savannah Cove, these two lots are located side-by-side at the end of a cul-de-sac in this desirable Ooltewah community. This particular lot offers a beautiful setting with the added potential for future lake access. The community is currently pursuing approval for a community boardwalk extending from the cul-de-sac to a proposed community dock. Each of the cul-de-sac lots, including this property, is proposed to have the right to build an individual boat slip onto the community dock, with an estimated construction cost of approximately $30,000. This is a unique opportunity to build your dream home in a beautiful community while potentially enjoying convenient boat access just steps from your property. With the two remaining lots being side-by-side, there may also be an opportunity for buyers looking for adjacent properties for family, friends, or additional flexibility. Boardwalk, dock, boat-slip rights, and construction are subject to applicable approvals. Contact the listing agent for additional information regarding the proposed community dock and boat-slip opportunity.

Additional Information

Exterior Features
Dock
Taxes
$467
HOA Fee
$750
Zoning
R-1
Elementary School
Ooltewah Elementary
Middle School
Ooltewah Middle
High School
Ooltewah
View
Other, Water

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Calculator source: Real Geeks

Listing courtesy of Better Homes and Gardens Real Estate Signature Brokers.