ONLINE ONLY
AUCTION
278.61 +/- Acres, Lake Front &Timber
Friendship Hollow Rd., Speedwell, TN 37870
Begins to end Tuesday, November 9 @ 6 pm
**Inspection Anytime: SxS or 4x4 suggested for Wagon Hollow Rd. & interior trails**
This unrestricted tract will be sold as one parcel, while the timber will be sold separately. Property has access along Friendship Hollow Rd., Pump Hollow Rd., and Wagon Hollow Rd. It joins the 1020 ft. contour of Norris Lake over 2185 ft., and would maintain some lake frontage year round. Property has several level building spots, and there are trails throughout the acreage. This land would be ideal as a recreational tract, with plenty of wildlife and lake access, or as your own private get-away.
2021 Property Taxes: $3,416.00 Tax Map: 078 Parcels: 026.00, 036.00, & 036.02
Warranty Deed Book: 1458 Page: 318 & Book: 1548 Page: 217
TIMBER – To be sold as a whole with 24 months to harvest. Over 1.3 million total estimated board feet by the latest timber cruise (see attachment), with over 300,000 estimated board feet of white oak alone. The majority of the timber is in the 16” – 20” DBH range. A very good timber parcel.
LOCATION: Claiborne County, Hwy 63, turn on Powell Valley School Rd. Go to Old Hwy 63, turn left, then immediate right on Yoakum Rd. Travel 1 mile to intersection with Back Valley Rd. and go straight across onto Pump Hollow Rd. Go 1.9 miles and property begins on right. Follow signs.
Auctioneer: Paul Provins, Lic# 4528
Property questions, call 423-562-4941. Bidding questions, call 423-286-0041.
Timber – 10% down within 24 hours of auction completion, balance upon closing within 30 days.
10% Buyer’s Premium on ALL PURCHASES.
Overview
Under Contract: No