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Land for Sale in Parrottsville, Tennessee

45 S Highway 340, Parrottsville, TN 37843

$275,000
45 acres
Active sale
$109k drop
Est $1,922/mo

45 Acres of possibility—Untouched and Unrestricted. Public Water available.

This 45-acre land opportunity in Parrottsville, TN consists of two parcels situated on opposite sides of the road, offering multiple options for use, development, or long-term hold.

The first parcel is 10 acres with access via a private road. It is surrounded by existing residential properties. Mobile homes are permitted, making it ideal for a small residential development or a hobby farm. The parcel offers privacy, mountain views, and a manageable footprint for early-stage development or recreational use.

Directly across the street lies a larger 35-acre parcel with approximately 185 feet of public road frontage on Berry Hill Road and two additional recorded easements, providing flexible access options. This tract offers multiple development sites, with open areas and elevation ideal for cabin sites, a recreational retreat, or even a hunting and camping compound. There is also a large potential build site with access from Novie Way, offering yet another point of entry for future infrastructure or construction. In addition to development potential, the property presents a lucrative opportunity for selective logging, given the healthy and mature tree coverage. The natural topography and views lend themselves well to phased development, agricultural use, or an off-grid living concept.

Together, the two parcels can be used in tandem—develop one while keeping the other for recreation, timber income, or long-term land banking. The smaller parcel could serve as a staging area, guest quarters, or a personal residence while the larger tract is used for income-producing ventures like short-term rentals, outdoor recreation, or logging.

If planned properly, this property could support the development of several homes or cabins—each offering a mountain view.

Location

Street address
45 S Highway 340
Zip code
37843
Elevation
1,727 feet
Coordinates
35.9659, -83.0592

Directions

For the 35 acres parcel- Navigate to 1069 SHighwayTN-340, Parrottsville, TN 37843. Navigation will get you close then look for signs

For the 10 acres parcel- Navigate to 819 Ginseng Way Parrottsville TN 37843. Navigation will get you close then look for signs.

Directions From Newport TN- Head north on McMahan Ave toward Main St 387 ft. Continue onto US-321 N/North St. Continue to follow US-321 N

6.3 mi. Turn right onto TN-340 S 3.7 mi. Turn right Destination will be on the right 0.1 mi 1069 TN-340

Property details

Acreage
45 acres
Access
Public road
MLS #
REALTRACS 3544517
Posted

Property taxes

Recent
$680

Parcels

  • 050 03519 000

Details and features

Listing

Type
Farm
Financing
Conventional
Possession
Close of Escrow

Lot

Size Source
Assessor
Dimensions
Irr
Road Frontage
County Road
Road Surface
Paved
View
Mountain(s)
Features
Corner Lot, Private, Rolling Slope, Wooded

Listing history

DateEventPriceChangeSource
July 7, 2026Price drop$275,000$109,000 -28.4%KAARMLS
Feb 11, 2026Price drop$384,000$1,000 -0.3%KAARMLS
Jan 6, 2026Price drop$385,000$2,500 -0.6%KAARMLS
Nov 7, 2025Price drop$387,500$2,500 -0.6%KAARMLS
Oct 6, 2025Price drop$390,000$5,000 -1.3%KAARMLS
Sept 11, 2025Price drop$395,000$5,000 -1.3%KAARMLS
July 26, 2025New listing$400,000KAARMLS
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This 45-acre property is located at 45 S Highway 340 in Parrottsville, TN 37843. The land is available for sale, priced at $275,000 — $6,111 per acre.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Sept 9, 2026 1:00 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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