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Land with Home for Sale in Clarksville, Tennessee

520 Peterson Ln, Clarksville, TN 37040

$580,000
10.2 acres
pending
Under contract

Discover a RARE opportunity to own 10 ACRES of breathtaking, wooded acreage with RIVERFRONTAGE on the Red River, all while enjoying the convenience of being just minutes from Wilma Rudolph Blvd, shopping, and downtown Clarksville. Properties of this acreage within the CITY LIMITS simply do not come available often, making this an exceptional chance to secure privacy, space, and a scenic setting without sacrificing accessibility. This home has solid bones, a thoughtful layout, and absolutely limitless potential for buyers looking to bring their vision to life. The property features an extended septic system and is permitted for a 5-bedroom home, offering incredible flexibility for future renovations, expansions, or reimagined use of the interior spaces. With a ranch-style design and a fully finished walk-out basement, the home is spacious, functional, and ready for your personal touch. The desirable split-bedroom floor plan places the primary suite on one side and the additional bedrooms on the other, offering privacy for everyone. The expansive living room showcases custom-built-ins perfect for displaying books, decor, and personal treasures. The finished basement adds even more versatility, offering a massive bonus room, a bedroom, and a full bath--great for guests, older children, hobbies, or multi-generational living. Enjoy the peaceful surroundings from the back deck, overlooking the beautiful wooded acreage. Buyers can also imagine creating their own private trail through the trees leading toward the property's riverfrontage--perfect for future outdoor seating areas, fishing access, kayak access, or a nature-inspired haven once cleared. With abundant wildlife, remarkable privacy, and an unparalleled amount of land so close to everything, this property is truly one-of-a-kind. Don't miss the chance to make it yours today!!

3,016
Sq feet
4
Beds
3
Full baths
1976
Built

Location

Street address
520 Peterson Ln
Elevation
498 feet
Coordinates
36.5581, -87.3481

Directions

Head Southwest on Hwy 79/Wilma Rudolph Blvd, Right turn onto W Dunbar Cave Rd. Head straight on Peterson Ln, the house is on the left before the West Creek Subdivision entrance. Turn to the right off the main shared driveway.

Property details

Acreage
10.21 acres
MLS #
REALTRACS 3050276
Posted

Property taxes

Recent
$4,135

Parcels

  • 063055 01000 00012055

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Financing
Conventional, FHA, VA
Possession
Close of Escrow

Lot

Terrain
Rolling Slope
View
Bluff, River
Waterfront
River Front

Exterior

Parking Spaces
5
Parking
Attached, Concrete, Garage Faces Rear
Garage Spaces
1
Carport Spaces
2
Covered Spaces
3
Outdoor Spaces
Covered, Deck, Patio, Porch

Structure

Style
Ranch
Basement
Finished
Water
Public
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Stone, Vinyl Siding
Roof
Shingle

Interior

Above Grade
1,820 sq ft
Below Grade
1,196 sq ft
Rooms
Bedroom x 4, Dining Room, Kitchen, Living Room, Master Bathroom, Recreation Room
Flooring
Laminate, Tile, Wood
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Purifier
Features
Bookcases, Ceiling Fan(s), Entrance Foyer, Extra Closets, Kitchen Island

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

NameLevelDistrictDescription
Byrns Darden ElementaryElementary
Kenwood Middle SchoolMiddle
Kenwood High SchoolHigh

Listing history

DateEventPriceChangeSource
Nov 28, 2025Under contract$580,000REALTRACS
Nov 24, 2025New listing$580,000REALTRACS
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This 10.21-acre property is located at 520 Peterson Ln in Clarksville, TN 37040. The property is pending sale. It has a 3,016 sq ft 4 bedroom, 3 bath house built in 1976.

Checked 24 mins ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Dec 4, 2025 9:00 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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