Goldfinch 6507
Frequently Asked Questions
The Goldfinch 6507 Hotwater Road Tract is listed at a set price of $2,048,800, which works out to approximately $5,200 per acre for the full roughly 438-acre property. The price has recently been reduced, so this represents a current value opportunity for buyers interested in the tract.
Yes, an approximately 84-acre portion on the south end of the tract can be split off and purchased separately. That southern parcel is priced at $588,000, or $7,000 per acre, and can be acquired independently from the remainder of the property.
The tract has excellent development potential. Utilities are available at the road frontages along Hotwater Road and Mowbrew Pike Road, and the topography is mostly gently sloping, which makes site preparation more straightforward. The soils and terrain could also support farming if a buyer wished to convert portions of the land to agricultural use.
The tract contains a large number of merchantable pine plantations that could be thinned to generate significant timber revenue. Conducting a thinning operation would also improve the overall attractiveness of the land for other uses such as recreation or development.
The Goldfinch 6507 tract offers excellent wildlife and recreational potential. Several drainages and creeks on the property would likely make good pond sites, and the beautiful brow topography provides excellent views, making it well suited for hunting, fishing, and other outdoor activities.
The property is listed by Neil Owens and Jake Almond. Neil Owens serves as Broker In Charge for Tennessee and is a professional forester with over 20 years of experience in private and public land management across the South and greater Appalachian region. Jake Almond is a Principal Broker in Kentucky and a Real Estate Broker in Tennessee with over 41 years of experience; he is a past president of the Tennessee Forestry Association and a Registered Forester in multiple states.
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Frequently Asked Questions
The Goldfinch 6507 Hotwater Road Tract is listed at a set price of $2,048,800, which works out to approximately $5,200 per acre for the full roughly 438-acre property. The price has recently been reduced, so this represents a current value opportunity for buyers interested in the tract.
Yes, an approximately 84-acre portion on the south end of the tract can be split off and purchased separately. That southern parcel is priced at $588,000, or $7,000 per acre, and can be acquired independently from the remainder of the property.
The tract has excellent development potential. Utilities are available at the road frontages along Hotwater Road and Mowbrew Pike Road, and the topography is mostly gently sloping, which makes site preparation more straightforward. The soils and terrain could also support farming if a buyer wished to convert portions of the land to agricultural use.
The tract contains a large number of merchantable pine plantations that could be thinned to generate significant timber revenue. Conducting a thinning operation would also improve the overall attractiveness of the land for other uses such as recreation or development.
The Goldfinch 6507 tract offers excellent wildlife and recreational potential. Several drainages and creeks on the property would likely make good pond sites, and the beautiful brow topography provides excellent views, making it well suited for hunting, fishing, and other outdoor activities.
The property is listed by Neil Owens and Jake Almond. Neil Owens serves as Broker In Charge for Tennessee and is a professional forester with over 20 years of experience in private and public land management across the South and greater Appalachian region. Jake Almond is a Principal Broker in Kentucky and a Real Estate Broker in Tennessee with over 41 years of experience; he is a past president of the Tennessee Forestry Association and a Registered Forester in multiple states.
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