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Recreational Land for Sale in Spencer, Tennessee

1034 Gadsden Way, Spencer, TN 38585

$315,000
31.6 acres
Active
$30k drop
Est $2,162/mo

Nearly 32 acres of prime, usable land with low property taxes thanks to Greenbelt status-this is your chance to own a fully turn-key, off-grid homestead with tremendous short-term rental potential. Just minutes from Fall Creek Falls State Park and tucked away on a beautiful hardwood tract, this property includes a 12x20 cabin with two 8x12 sleeping lofts, a 20x40 high metal awning and RV pad, a firepit, and a 40' high cube shipping container for storage or additional use. Enjoy the privacy of full fencing on three sides (with the street forming the fourth boundary), and spend your days exploring multiple walking trails and the spring-fed year-round creek, plus an additional wet-weather creek. A well with pump is already installed, and fruit-bearing apple, peach, pear, and plum trees (planted and thriving at 6' tall) are already in place for your future orchard. Plus, the land is teeming with deer and other wildlife that roam freely across the hardwood forest. If you've been searching for a mostly flat, usable off-grid property-not the steep side of a mountain which offers a tremendous investment upside, this rare gem near one of Tennessee's top parks checks every box. Bring your animals and your dreams-this is ready for you. Property is also known as 1034 Country Meadow Road.

Location

Street address
1034 Gadsden Way
Elevation
1,860 feet
Coordinates
35.6641, -85.4532

Directions

From Dunlap take 111 N toward Spencer. Turn right on Phifer Mine Road then right again on Gadsden Way. Property is on right with green gate.

Property details

Acreage
31.58 acres
Zoning
A-1
MLS #
CAR 1513493
Posted

Property taxes

Recent
$140 - Wpp LLC Mineral Tract 46-6Mbd

Parcels

  • 061 029.00

Legal description

Details and features

Listing

Type
Land

Lot

View
Forest, Hills, Water
Features
Level, Partially Cleared, Rectangular Lot, Rural, Will Not Divide, Wooded

Exterior

Fencing
Fenced
Structures
Mobile Home
Features
Awning(s), Fire Pit

Structure

Water
Well

Nearby schools

NameLevelDistrictDescription
Spencer ElementaryElementary
Spencer MiddleMiddle
Van Buren County HighHigh

Listing history

DateEventPriceChangeSource
Sept 3, 2025Price drop$315,000$30,000 -8.7%CAR
May 23, 2025New listing$345,000CAR
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This 31.58-acre property is located at 1034 Gadsden Way in Spencer, TN 38585. The property is available for sale for $315,000 with a price per acre of $9,975.

Checked 59 mins ago — Updated

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