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Pending
  • Price increase: $325K (8/18)
    $575,000

    16408 Highway 11 E, Lenoir City, TN 37772

    3beds
    2,170sqft
    : 
    Single Family Residence
    Built in 1950
    8.5 Acres Lot
    $-- Zestimate®
    $265/sqft
    $-- HOA

    What's special

    PLEASE READ!! This property may be sold as a single parcel or as a whole tract in combination with MLS #: 1312058, as listed by MLS #: 1312020. The houses on this land are not vacant and therefore, any showings of the land or the houses, must be scheduled and confirmed. Unlock the full potential of this exceptional property located at 16404 & 16408 US Highway 11. Sitting just shy of 11 sprawling acres, this rare offering blends location, accessibility, and development possibilities. Situated just minutes from the heart of Farragut, this property provides a seamless connection to West Knoxville's thriving residential and commercial corridors while maintaining easy access to I-75, I-40, and Highway 321. Whether your vision is residential, commercial, or mixed-use, the location offers unmatched convenience for both residents and businesses. Living or working here means being just minutes from top-rated schools, shopping destinations, restaurants, parks, and recreational facilities. Farragut's charm, combined with its steady growth, ensures strong demand and long-term value for any development. The land offers a versatile mix of open, gently rolling terrain and mature tree lines, creating an ideal balance for both development and natural privacy. With its frontage along US Highway 11, the property ensures high visibility—perfect for future commercial ventures—while still allowing for thoughtfully designed residential communities. Utilities are nearby, making infrastructure planning straightforward for your next project. Development Possibilities: Residential subdivision with large estate lots or upscale townhomes - zoning to be confirmed by Buyer. Commercial or mixed-use complex to meet Farragut's growing demand. Equestrian estate, farm, or private retreat. Strategic land hold for future appreciation in a rapidly expanding market. This is your chance to own a highly desirable piece of East Tennessee real estate in one of the area's fastest-growing and most sought-after corridors.
    15 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: August 18, 2025 at 05:57am

    Listed by:

    Dominique Oro 865-771-1605,

    Honors Real Estate Services LLC 865-238-0002

    Source: East Tennessee Realtors,MLS#: 1312095MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    Features
    • Flooring: Carpet, Vinyl
    • Windows: Storm Window(s)
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,170
    • Total interior livable area: 2,170 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Main Level
    • Carport spaces: 2
    Features
    • Has view: Yes
    • View description: Other, Country Setting, Trees/Woods
    Lot
    • Size: 8.5 Acres
    • Features: Wooded, Irregular Lot, Level, Rolling Slope
    Details
    • Parcel number: 011 035.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Brick
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private

    Community & HOA

    Location
    • Region: Lenoir City

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $336,500
    • Annual tax amount: $1,488
    • Date on market: 8/14/2025
    • Listing terms: New Loan,Cash,Conventional
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