The Goldfinch 6507 Hotwater Road Tract is listed at a set price of $2,167,00, which works out to approximately $5,500 per acre for the full roughly 394-acre property. The price has recently been reduced, so this represents a current value opportunity for buyers interested in the tract.

No, the North Section is not easily subdivided so the seller would like to sell this parcel as a whole.

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. 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.