Active

Periwinkle Way

Dunlap, TN 37327
Mark as Favorite
Acres232.05

Acres(Lot)

The ''Eagles Leap'' Tract. Here is a rare opportunity to own a large-acreage tract within the gates of Fredonia Mountain Nature Resort (FMNR). FMNR is a 3,500 acre gated-community atop the Cumberland Plateau designed with features intended to connect people with nature such as hiking/biking trails, parks, lakes, ponds and a community lodge. This 232.05 acre tract has been specifically set aside by the current owner from its continued development and declared as ''conserved land'' to retain its considerable natural and scenic values but with substantial retained rights for its perpetual use. The tract has therefore been exempted from the FMNR home owners' association (''HOA''). Restrictive Covenants ensuring the conservation values of the tract are recorded in a Conservation Easement (''CE' ') administered by The Foothills Land Conservancy. Certain provisions of the CE do, however, allow for the installation of improvements such as roads, residences, outbuildings and ancillary improvements. Other notable allowances include: Hunting, Wildlife Management, Leasing, Agriculture, Forestry and Forestry Management, Public Access and Subdivision (one division is allowed along a designated severance line to create a 160+/- acre parcel and a 70+/- acre parcel). Views extend from the upland brow over the Woodcock Gulf and Sequatchie Valley beyond. Woodland habitats flourish under the deciduous Oak / Hickory Forest canopy and vary with elevations ranging from 2240 ft highland plateau to 1640 ft watershed cove. Creek gorges with tumbling water falls, glistening pools and moss-covered stones contain native species such as rhododendron, hemlock, mountain laurel and native azalea. Springtime wildflowers abound with may apple, trillium and lady slippers. Wildlife common to the area is found here including deer, turkey, opossum, raccoon, bob cat and many varieties of local and migrating birds. There are several points of convenient access to the tract from Hobbstown Rd (a public ROW) and from private roadways within FMNR: Roaring Creek Rd, Periwinkle Way and Turkey Trail. The two designated 1 acre home sites (in fixed locations; one on each side of the permitted division) are near Periwinkle Way and Turkey Trail for convenience of construction and installation of utilities. Under the current CE, there are no minimum square footage requirements or architectural control elements regarding the construction of a future residence. If a future owner were to voluntarily choose to join the FMNR HOA it would come with those certain privileges and obligations the HOA affords. The local water utility notifies of a 'temporary pause' on approving water taps due to a repair project with anticipated completion Sept 2026.This tract is appealing to those who value superior land features especially when held in the useful-continuity of a large acreage tract. Further, the perpetual nature of the conservation easement assures its value-continuity as a legacy piece to future generations.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $812,175

AD Id : 64454275

MLS Id : 1512246

Lot Size : 232.05 Acres(Lot)

County : Sequatchie

  • Map Map

Map

Feature Features

  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 232.05 Acres Lot Size Acres: 232.05 Lot Size Square Feet: 10108098 Lot Description: Agricultural, Pasture, Private, Rock Outcropping, Rolling Slope, Secluded, Sloped, Views, Wooded, See Remarks

    Property Information

    Subdivision: None Source Property Type: Land Zoning Description: Single-Family Residential District Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $812175 Cash, Conventional

  • Tax Information

    Parcel Number: 049 003.02 Annual Tax: $628.12 Tax Legal Desc: Sequatchie County TN Tax Parcel ID #049 003.02, Shown as 232.05 acre tract on Plat Book D page 139

  • School Information

    Elementary School: Griffith Elementary School
    Junior High School: Sequatchie Middle
    Senior High School: Sequatchie High
  • Utility Information

    None
  • Location Information

    Direction: * Private Gated Community, Gate Code Required for Entry ** From Dunlap TN: Rankin Ave to Fredonia Rd. Follow Fredonia Rd to top of the mountain. Left on John Henry Lewis Rd. Right on Hobbstown Rd. Through the Fredonia Mtn Nature Resort Gates. Right at First Gate on Roaring Creek Rd. Right on Periwinkle Way. WaterSource: None Security Features: Gated Community
Sell a home like this and save $48,232 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 13B Greenfields Way, Dunlap, TN, 37327 $75,000 -- -- -- 3.20 Acres(Lot)
Turkey Trl Trail, Dunlap, TN, 37327 $115,000 -- -- -- 4.10 Acres(Lot)
Wilderness Way, Dunlap, TN, 37327 $19,500 -- -- -- 1.90 Acres(Lot)
029003.00 Smith Mountain, Dunlap, TN, 37327 $969,900 -- -- -- 265 Acres(Lot)
Echo Point Rd, Dunlap, TN, 37327 $29,000 -- -- -- 2.50 Acres(Lot)
2 Riverbend Lane, Dunlap, TN, 37327 $89,900 -- -- -- 1.75 Acres(Lot)
Roaring Creek Road, Dunlap, TN, 37327 $37,000 -- -- -- 2.10 Acres(Lot)
Chestnut Oak Drive, Dunlap, TN, 37327 $70,000 -- -- -- 3.45 Acres(Lot)
LOT 515 Wilderness Way, Dunlap, TN, 37327 $85,000 -- -- -- 2.81 Acres(Lot)
Echo Point Road, Dunlap, TN, 37327 $999,900 -- -- -- 200.90 Acres(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 04/06/2026 @ 23:19

MLS: 1512246 LISTED BY: John Mitchum, RE/MAX Renaissance Realtors 423-756-5700 SOURCE: Greater Chattanooga REALTORS

Selling? Save $48,232 when you sell a home like this

Learn More about this Property