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4955 Genesis Rd, Crossville, TN 38571

$800,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,618 Lot Size (sq. ft.): 317,988 Status: Active
Current Price: $800,000 List Date: 2/02/2024 Last Modified: 2/05/2024

Description

Welcome to a golden opportunity for visionary contractors seeking to create a truly magnificent community. Nestled in a prime location, this shovel-ready project boasts approximately 26 remaining lots, presenting an enticing canvas for crafting an upscale and picturesque neighborhood. The foundation for success has already been laid, with essential infrastructure in place, including underground utilities and a robust sewer system capable of accommodating up to 100 homes. Say goodbye to delays and extensive groundwork; this project is ready to take flight. Stepping into this charming community, future residents will find themselves enchanted by the allure of higher-end townhomes, harmoniously designed to cater to those seeking a quality and peaceful way of life. Picture-perfect dwellings await the discerning buyer, with homes priced between $300K to $450K, capturing the attention of those in pursuit of sophistication and tranquility. Beyond the allure of new homes, this property offers a delightful surprise - a splendid 3 bedroom/2 bath home gracefully nestled amidst the lots. Savvy investors have a range of choices at their fingertips: sell this gem separately, creating an additional revenue stream, utilize it as a maintenance residence to oversee the community's upkeep, or envision it as the heart of a welcoming office space that will foster community camaraderie. With an eye for potential profitability and a genuine appreciation for the finer things in life, this endeavor promises to be a grand triumph for the astute contractor. Embrace this fantastic opportunity to curate an idyllic haven where elegance, comfort, and serenity coalesce into the perfect embodiment of modern living. Seize the day and this opportunity in crafting a community that will stand as a testament to exceptional design, thoughtful planning, and a commitment to fostering a harmonious lifestyle.

More Information MLS# 1243114

Location, Tax & Legal Info

House #: 4955 Street Name: Genesis St Suffix: Rd State/Province: TN Zip Code: 38571 Property Sub-Type: Residential Area: Cumberland County - 34 City/County Code: County PIN #: 063 048.00/063P A 003., 004., 005. Subdivision: Genesis Village Est Total Tax: 775.77 Geo Lat: 36.015651 Geo Lon: -84.991452

Contract Info

Auction Y/N: No Listing Price: 800000 Current Price: $800,000 Status: Active Listing Date: 2023-10-09 Cooperation Comp: 2.5 Compensation Type: %

General Property Description

Type: Ranch Lot Dimensions: IRR Acres: 7.3 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1618 SqFt - Main Lvl: 1618 # Bedrooms: 3 Baths - Full: 2 # of Rooms: 7 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: No Year Built: 1985 Bonus Room: No Extra Storage: Yes

Remarks & Misc

Directions: From Crossville, go down Genesis Rd. approximately 5 miles & Gates to Genesis Estates community will be on your Left. Public Remarks: Welcome to a golden opportunity for visionary contractors seeking to create a truly magnificent community. Nestled in a prime location, this shovel-ready project boasts approximately 26 remaining lots, presenting an enticing canvas for crafting an upscale and picturesque neighborhood. The foundation for success has already been laid, with essential infrastructure in place, including underground utilities and a robust sewer system capable of accommodating up to 100 homes. Say goodbye to delays and extensive groundwork; this project is ready to take flight. Stepping into this charming community, future residents will find themselves enchanted by the allure of higher-end townhomes, harmoniously designed to cater to those seeking a quality and peaceful way of life. Picture-perfect dwellings await the discerning buyer, with homes priced between $300K to $450K, capturing the attention of those in pursuit of sophistication and tranquility. Beyond the allure of new homes, this property offers a delightful surprise - a splendid 3 bedroom/2 bath home gracefully nestled amidst the lots. Savvy investors have a range of choices at their fingertips: sell this gem separately, creating an additional revenue stream, utilize it as a maintenance residence to oversee the community's upkeep, or envision it as the heart of a welcoming office space that will foster community camaraderie. With an eye for potential profitability and a genuine appreciation for the finer things in life, this endeavor promises to be a grand triumph for the astute contractor. Embrace this fantastic opportunity to curate an idyllic haven where elegance, comfort, and serenity coalesce into the perfect embodiment of modern living. Seize the day and this opportunity in crafting a community that will stand as a testament to exceptional design, thoughtful planning, and a commitment to fostering a harmonious lifestyle.

Status Change Info

Status Change Date: 2024-02-02

Garage/Parking

Garage Spaces: 1

Property Features

Atchd/Dtchd Type: Detached Style: Craftsman; Traditional Construction: Frame Siding: Wood Garage/Parking: Attached; Main Level; Off-Street Parking Basement: Crawl Space; Outside Entr. Only Lot Description: Irregular Lot; Level; Private; Rolling Slope View: Country Setting Fireplace: Masonry; Wood Burning Stove Floors: Carpet; Hardwood Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Sewer: Septic Tank Water: Public Other Rooms: Mstr Bdrm Main Level Misc Features: Internet Available; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect Exterior Features: Doors - Storm; Porch - Covered; Windows - Insulated; Windows - Vinyl Outbuildings: Gazebo Dining Area: Breakfast Bar; Formal Dining Area Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: RE/MAX Finest
Office Phone: 931-484-4003
Last Updated: February - 05 - 2024
4955 Genesis Rd, Crossville, TN 38571- MLS# 1243114
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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