1770 Walters Drive, Morristown, TN 37814

Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
1770 Walters Drive,Morristown, TN 37814
$875,000
  • 25.67 Acres
  • Lots / Land
  • Active
Listed by:kevin g. tipton
Office:svn i wood properties
MLS#:1307842
Source:TN_KAAR

Price summary

  • Price:$875,000

About this home

Presenting 26± acres of residential development land located at 1770 Walters Dr, Morristown, TN 37814. This strategically positioned site sits within city limits and is currently zoned R-2 (Medium Density Residential), allowing for single-family, duplex, and triplex dwellings by right. The R-2 zoning supports approx. 8-9 units per acre for two- and three-family configurations, translating to a potential 200+ unit yield under optimized planning. The seller has previously explored development feasibility and had preliminary concept plans drawn for 86 single-family homes, offering a strong starting point for builders or residential developers. With city utilities nearby and easy access to schools, shopping, and major corridors, this tract is ideally suited for a residential subdivision, duplex community, or garden-style apartment development (with rezoning or special use permit approval).

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Home facts

  • Listing Id #:1307842
  • Added:35 day(s) ago
  • Updated:July 20, 2025 at 02:32 PM

Structure and exterior

  • Lot area:25.67 Acres

Finances and disclosures

  • Price:$875,000