$12,900,000
It's not often that 720± contiguous acres become available this close to Nashville, especially with much of the development groundwork already completed. Located in Pegram, Tennessee, this property is approximately 20 minutes from downtown Nashville and offers a combination of size, location, infrastructure, and natural beauty that's becoming increasingly difficult to find in Middle Tennessee. The property consists of rolling Tennessee hills with large, flat plateau areas that offer great views and plenty of usable ground. Municipal water is available on the property, electricity has been run underground and stubbed up, and access is along a state-maintained road with the ability to create a large private entrance. The Golf Club of Tennessee, featuring two highly regarded 18-hole golf courses, is also located approximately 10 minutes away in nearby Kingston Springs. The real story here, however, is the work the current owners have already put into the development process. The local Pegram Planning Commission has now approved a comprehensive Site Plan incorporating residential, recreational, and commercial uses. The property was previously marketed as a large private, recreational tract which still exists, but with these approvals now in place, it offers an entirely different level of potential for the next owner. There are a number of directions someone could take this property. It could lend itself to a luxury residential or estate community, a destination resort, cabins and cottages, outdoor recreation and hospitality, or a larger mixed-use development. With the Golf Club of Tennessee nearby, there's also a unique opportunity to create a high-end residential or resort-style community that complements the surrounding area. Large acreage close to Nashville is getting harder to find, and properties of this size with utilities and development approvals already in place are even more uncommon. Includes 3 parcels detailed in attachments below
3614475
MLS
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ACTIVE
Status
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720
Acres
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37143
Zip Code
Hwy 70, Pegram
