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Residential Land for Sale in Jasper, Tennessee

320 Waterwheel Way, Jasper, TN 37347

$85,000
0.93 acres
Active
$4.9k drop
Est $723/mo

Best Bargain in Jasper Highlands. Welcome to your slice of paradise in The Farms of Jasper Highlands. This lot is perked for a 3-bedroom home, sitting on a private cul-de-sac off the main roads and in the pine trees. This lot gently slopes to the back. This is your opportunity to build in the privacy of this amazing gated community on top of the Cumberland Plateau in this prestigious gated community. With the amenities of 2- community pools, and kids play area, soccer field/Heli-Pad/annual BarBQ cook-off spot with the Gazebo to enjoy views for miles, You have tennis courts and pickle ball courts, bocce ball, putting green, horse-shoe pits, Dog Parks, lending libraries, miles of hiking trails, hidden water falls, off the grid cabin and tree house. So many social activities, events and clubs to join, Your adventures will keep you young here. Just outside the Gates is a wellness center for your physical fitness needs. Or enjoy the brewery in Top Of The Rock. At the base of the mountain is your local shopping and 30-45 minutes into Chattanooga hot spots, or 2-hours into Nashville, Atlanta & Knoxville. Call for a private tour of this lot and community today.

Location

Street address
320 Waterwheel Way
Community
Jasper Highlands
Elevation
1,758 feet
Coordinates
35.0994, -85.7168

Directions

From I-24, turn LEFT onto TIMBER RIDGE DRIVE, follow this up and through the gates, at the first roundabout, turn LEFT onto RAULSTON FALLS ROAD, follow this to the stop sign at CROCKETT POINT and turn LEFT, immidiate RIGHT ONTO WATERWHEEL WAY, .02 MILES the lot will be on the RIGHT. 320 WATER WHEEL WAY.

Property details

Lot size
0.93 acres40,511 sq ft
Zoning
R-1
Access
Public road
MLS #
REALTRACS 2883047
Posted

Property taxes

Recent
$402

Expenses

Home Owner Assessments Fee
$1,308 annually

Parcels

  • 094 00519 000

Details and features

Listing

Type
Land
Financing
Conventional
Possession
Close of Escrow

Community

Amenities
Gated, Playground, Pool, Tennis Court(s)
Fee Includes
Maintenance Grounds

Lot

Dimensions
Out of 94/1.03
Road Frontage
City Street
Road Surface
Asphalt
Features
Cul-De-Sac, Private, Views, Wooded

Structure

Water
Public

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Nearby schools

NameLevelDistrictDescription
Jasper Elementary SchoolElementary
Jasper Middle SchoolMiddle
Marion Co High SchoolHigh

Listing history

DateEventPriceChangeSource
Aug 8, 2025Price drop$85,000$4,900 -5.5%REALTRACS
Jan 11, 2025New listing$89,900CAR
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This 0.93-acre property is located at 320 Waterwheel Way in Jasper, TN 37347. The property is available for sale for $85,000.

Checked 45 mins ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Dec 10, 2025 7:00 pm 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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