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Land for Sale in New Market, Tennessee

16 Mill Springs Rd, New Market, TN 37820

$1,250,000
73 acres
Active sale
$130k drop
Est $8,504/mo

73 acres of fields and forest offering the freedom to build exactly where you choose--tucked deep into the privacy of the woods or conveniently along the road frontage. The land features a beautiful mix of level, gently rolling, and moderately sloping terrain with multiple potential building sites throughout. Enjoy being less than 5 minutes from Cherokee Lake recreation areas, including the boat launch, picnic area, landing, and dam. Douglas Lake is only 12 miles east, giving you even more opportunities for boating, fishing, and outdoor fun. Power, public water, and fiber internet are available at the road; septic will be required at the time of building. Interstate 40 is approximately 10-12 miles away via Hwy 92, with shopping, dining, and medical facilities just 15 minutes from the property. Perfectly positioned near seven East Tennessee counties, you'll have easy access to hiking, biking, entertainment, theatre, sports, dining, and endless outdoor recreation. The Great Smoky Mountains are close enough for day trips while still allowing you to enjoy the peaceful lifestyle East Tennessee is known for. Come build your Tennessee dream. Multiple zoning applications may apply; buyers are encouraged to inquire.

Location

Street address
16 Mill Springs Rd
Zip code
37820
Elevation
1,217 feet
Coordinates
36.1393, -83.5275

Directions

From I-40 exit 417, head north on TN-92. Turn left onto Hwy 11E. Turn right onto TN-92. In one mile, turn left to stay on TN-92. Turn left onto Mill Springs Rd. Acreage will be on the left. 1622 Mill Springs Rd is adjacent to this property. Use this address for GPS.

Property details

Acreage
73 acres
Access
Public road
MLS #
REALTRACS 3508425
Posted

Property taxes

Recent
$304

Parcels

  • 014 01600 000

Details and features

Listing

Type
Farm
Financing
Conventional
Possession
Close of Escrow

Lot

Size Source
Assessor
Dimensions
2438 x 1158 x 2768 x 1578 IRR
Terrain
Sloped, Private, Rolling Slope, Wooded
Road Frontage
County Road
Road Surface
Paved
View
Trees/Woods
Features
Private, Rolling Slope, Sloped, Wooded

Structure

Water
None

Listing history

DateEventPriceChangeSource
Aug 10, 2026Price drop$1,250,000$129,700 -9.4%GSMAR
May 29, 2026New listing$1,379,700GSMAR
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This 73-acre property is located at 16 Mill Springs Rd in New Market, TN 37820. The land is available for sale, priced at $1,250,000 — $17,123 per acre.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Aug 12, 2026 3:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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