0 Highway 70 , Pegram, TN 37143

$12,900,000
  • 0 Highway 70 , Pegram, TN 37143 Main Photo

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New to the Market Active
LOT SIZE 729.000 acres MLS#3614475
STATUSActive PROPERTY TYPELand - Farm

Property Description

It's not often that 729+ contiguous acres become available this close to Nashville, especially with much of the development groundwork already completed. Located in Pegram, Tennessee, this property is approximately 20 minutes from downtown Nashville and offers a combination of size, location, infrastructure, and natural beauty that's becoming increasingly difficult to find in Middle Tennessee. The property consists of rolling Tennessee hills with large, flat plateau areas that offer great views and plenty of usable ground. Municipal water is available on the property, electricity has been run underground and stubbed up, and access is along a state-maintained road with the ability to create a large private entrance. The Golf Club of Tennessee, featuring two highly regarded 18-hole golf courses, is also located approximately 10 minutes away in nearby Kingston Springs. The real story here, however, is the work the current owners have already put into the development process. The local Pegram Planning Commission has now approved a comprehensive Site Plan incorporating residential, recreational, and commercial uses. The property was previously marketed as a large private, recreational tract which still exists, but with these approvals now in place, it offers an entirely different level of potential for the next owner. There are a number of directions someone could take this property. It could lend itself to a luxury residential or estate community, a destination resort, cabins and cottages, outdoor recreation and hospitality, or a larger mixed-use development. With the Golf Club of Tennessee nearby, there's also a unique opportunity to create a high-end residential or resort-style community that complements the surrounding area. Large acreage close to Nashville is getting harder to find, and properties of this size with utilities and development approvals already in place are even more uncommon. Includes 3 parcels detailed in attachments below

0 Highway 70 | MLS# 3614475

This land located at 0 Highway 70 , Pegram, TN 37143 is currently listed for sale with an asking price of $12,900,000. The property has approximately 729.00 Acres. Search Pegram real estate on mhale.franklinrealty.com today.

Property Features

Property Type: Land - Farm
Lot Size: 729.00 Acres
Taxes: $2,753

Feature Descriptions

Days on Site: 1
Lot: Rolling Slope, Wooded
Parcel#: 092 00501 000
Sewer: None
Topography: Rolling Slope, Wooded
Utilities: Water Available
Water: Public

Local Schools

High School: Harpeth High School
Middle School: Harpeth Middle School
Elementary School: Kingston Springs Elementary

Listed By / Shown By

Listed By

Agency Name: Mossy Oak Properties, Tennessee Land & Farm, LLC
Agency Phone: 6158798282

Shown By

Agent Name: Melinda Hale
Agent Phone:
Agency Title: Franklin Realty Inc.

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Estimated Payment

$ 83,082.59 per month $79,090.67 Principal & Interest $229.42 Property Tax $3,762.50 Homeowner's Insurance

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