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Contingent 320 days on market

1135 Ned Clark Rd

Bean Station, TN 37708 · Grainger County

$89,900

$10,000 price cut · Aug 22

Acres
3.5

Listing courtesy of Keller Williams West Knoxville · MLS #1324118

Description

BEAN STATION, TENNESSEE | CHEROKEE LAKE REGION | DEVELOPMENT ACREAGE | LAKEWAY CORRIDOR Located 48 miles from central Knoxville along the US-11W corridor, 1135 Ned Clark Road offers rolling, wooded acreage in one of East Tennessee's most strategically positioned growth markets. This is investment land priced for the ground beneath your feet. Existing structures carry no assigned value and place no constraint on your development vision. THE LOCATION Bean Station sits at the heart of Tennessee's Lakeway region, a four-county recreational corridor anchored by Cherokee Lake and served by established highway connections to Knoxville, Morristown, and Rogersville. The property sits minutes from the water with terrain that delivers the natural privacy and wooded character that command premium pricing in today's short-term rental and resort market. CHEROKEE LAKE: THE PRIMARY VALUE DRIVER Cherokee Lake is a 30,300-acre TVA reservoir and one of Tennessee's premier destinations for boating, fishing, water sports, and lakeside recreation. For resort developers and vacation rental investors, lake proximity is the most reliable driver of occupancy rates and nightly pricing in the East Tennessee STR market. Three full-service marina facilities serve the immediate area: Huff's German Creek Marina (4.7 stars): Full-service boating and lake recreation rated among the region's best.

Lakeside Marina (4.4 stars): A well-regarded facility supporting both residential and resort guest needs.

Cherokee Boat Dock (4.5 stars): Conveniently positioned lake access rated highly by boating guests and recreational visitors. Marina proximity translates directly to guest satisfaction, repeat bookings, and premium nightly rates for any resort or vacation rental development on this site. DEVELOPMENT SCENARIOS BOUTIQUE GLAMPING RESORT: Rolling terrain and mature hardwoods create natural separation and privacy between structures. Elevated glamping units, platform tents, and luxury cabin clusters perform at premium price points in East Tennessee's experiential travel market. The scenic privacy this land provides is a product in itself. TINY HOME OR MANUFACTURED HOUSING COMMUNITY: Remote work migration and retirement-age buyers seeking affordable lakeside living are driving documented demand for alternative housing across East Tennessee. Tennessee's regulatory environment remains favorable for manufactured and modular community development. Cherokee Lake proximity commands proven monthly rate premiums. UPSCALE RV OR MOTORCOACH RESORT: The wooded, sloped terrain creates the organic, off-grid aesthetic that premium RV travelers seek, while supporting flexible hook-up infrastructure for density planning. Lakeway-area RV destinations are meaningfully underdeveloped relative to the Sevier County corridor. PRIVATE COMPOUND OR LEGACY PROPERTY: For buyers seeking a retreat outside Gatlinburg congestion, this acreage offers privacy, lake proximity, and regional accessibility that is difficult to replicate in the current market. EXISTING SITE STRUCTURES Original farmhouse: 624 square feet. Requires extensive rebuild or removal. No value assigned in listing price.

Large older barn: Suitable for event space, equipment staging, agricultural storage, or phased conversion.

Additional storage shed included with property. The structures do not define this land's potential. MARKET TIMING East Tennessee's short-term rental and resort market has posted sustained growth driven by Smoky Mountain visitation, remote work relocation, and national demand for drive-to outdoor destinations. The Cherokee Lake corridor and wider Lakeway region remain underserved relative to Sevier County, creating a measurable first-mover window for investors ready to act before the area fully matures. Visitors seeking lake access without Gatlinburg pricing are actively searching for Lakeway alternatives. This property sits in the center of that demand corridor.

Details

Home

Type
Land

Land

Lot size
3.5 acres
Lot
Private, Rolling Slope, Wooded, Rolling
Deed restrictions
None

Listing

MLS #
1324118
Status
Contingent
On market
320 days
Listed
Dec 12, 2025
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues

Price history

Aug 22, 2026
Price cut
$89,900 −$10,000
Before
Listed
$99,900

Accepted

  • Cash
  • Conventional
  • New Loan
  • USDA Loan

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Location
County
Grainger
ZIP
37708

Drive times

  • Morristown 25 min
  • Douglas Lake 45 min
  • Tazewell 45 min
Approximate, by road

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Listing courtesy of Keller Williams West Knoxville. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1324118.