1009 Waldensia Split #3
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Frequently Asked Questions
Tract 3 is approximately 109 acres made up of thinned pine and hardwood in the drainages. It is located on Millstone Mountain Road in east Cumberland County, Tennessee, and is priced at $4,000.00 per acre. This tract is one of five parcels carved out of a larger approximately 360-acre property.
All five tracts share a 50-foot easement along an access road for ingress and utilities. A draft of the easement maintenance agreement between buyers is available in the documents section of the website, and a map showing the proposed splits and the shared access road is also posted there.
The seller has not installed electric utilities along the access road, so buyers will need to share that expense. Rockwood Electric has estimated the total cost to bring electricity to the end of the shared easement at $42,000.00. Tracts 1 and 5 have direct road frontage and will not necessarily have to participate in those shared installation costs, but Tracts 2, 3, and 4 will definitely need electricity along the access road. Any further electric service beyond the end of the easement will be at each individual buyer's expense.
Based on the listing information, Tract 1 has been sold, Tract 2 is under contract, Tract 4 has been sold, and Tract 5 has been sold. Tract 3, the approximately 109-acre thinned pine and hardwood tract, remains available at $4,000.00 per acre.
The listing is handled by Neil Owens, who serves as Broker in Charge for Tennessee. He is a professional forester with over 20 years of experience in both private and public sectors, with an extensive background in large land base management as well as smaller private ownerships across the South and greater Appalachian region. He can be reached by phone at 865-567-4583.
Yes, two documents are posted on the property's webpage. The first is a map of the Waldensia Split showing the proposed parcel boundaries and the shared access road. The second is a sample easement agreement outlining how the shared road maintenance responsibilities would be divided among the buyers of the five tracts.
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