The ''Eagles Leap'' Tract. Here is a rare opportunity to own a large-acreage tract within the gates of Fredonia Mountain Nature Resort (FMNR). FMNR is a 3,500 acre gated-community atop the Cumberland Plateau designed with features intended to connect people with nature such as hiking/biking trails, parks, lakes, ponds and a community lodge. This 232.05 acre tract has been specifically set aside by the current owner from its continued development and declared as ''conserved land'' to retain its considerable natural and scenic values but with substantial retained rights for its perpetual use. The tract has therefore been exempted from the FMNR home owners' association (''HOA''). Restrictive Covenants ensuring the conservation values of the tract are recorded in a Conservation Easement (''CE'') administered by The Foothills Land Conservancy. Certain provisions of the CE do, however, allow for the installation of improvements such as roads, residences, outbuildings and ancillary improvements. Other notable allowances include: Hunting, Wildlife Management, Leasing, Agriculture, Forestry and Forestry Management, Public Access and Subdivision (one division is allowed along a designated severance line to create a 160+/- acre parcel and a 70+/- acre parcel). Views extend from the upland brow over the Woodcock Gulf and Sequatchie Valley beyond. Woodland habitats flourish under the deciduous Oak / Hickory Forest canopy and vary with elevations ranging from 2240 ft highland plateau to 1640 ft watershed cove. Creek gorges with tumbling water falls, glistening pools and moss-covered stones contain native species such as rhododendron, hemlock, mountain laurel and native azalea. Springtime wildflowers abound with may apple, trillium and lady slippers. Wildlife common to the area is found here including deer, turkey, opossum, raccoon, bob cat and many varieties of local and migrating birds. There are several points of convenient access to the tract from Hobbstown Rd (a public ROW) and from private roadways within FMNR: Roaring Creek Rd, Periwinkle Way and Turkey Trail. The two designated 1 acre home sites (in fixed locations; one on each side of the permitted division) are near Periwinkle Way and Turkey Trail for convenience of construction and installation of utilities. Under the current CE, there are no minimum square footage requirements or architectural control elements regarding the construction of a future residence. If a future owner were to voluntarily choose to join the FMNR HOA it would come with those certain privileges and obligations the HOA affords. The local water utility notifies of a 'temporary pause' on approving water taps due to a repair project with anticipated completion Sept 2026.This tract is appealing to those who value superior land features especially when held in the useful-continuity of a large acreage tract. Further, the perpetual nature of the conservation easement assures its value-continuity as a legacy piece to future generations.
Lot/land
$812,175
0 Periwinkle Way, Dunlap, TN 37327
--beds
--baths
232.05Acres
Unimproved Land
Built in ----
232.05 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Creek gorgesNatural and scenic valuesSpringtime wildflowersConserved landLarge-acreage tractWater fallsWoodland habitats
- 227 days |
- 110 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: May 09, 2025 at 12:54pm
Listed by:
John Mitchum 423-595-4565,
RE/MAX Renaissance Realtors 423-756-5700,
Tim Coleman 423-756-5700,
RE/MAX Renaissance Realtors
Source: Greater Chattanooga Realtors,MLS#: 1512246
Facts & features
Property
Features
- Exterior features: None
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Panoramic, Rural, Skyline, Trees/Woods, Valley, See Remarks
Lot
- Size: 232.05 Acres
- Features: Agricultural, Brow Lot, Pasture, Private, Rock Outcropping, Rolling Slope, Rural, Secluded, Sloped, Views, Wooded, See Remarks
Details
- Additional structures: None
- Additional parcels included: Available from same Seller: 0 Bluff View Drive, Parcel #053 006.00, 104.27 acres
- Parcel number: 049 003.02
- Zoning: R-1
- Zoning description: Single-Family Residential District
- Special conditions: Third Party Approval
- Other equipment: None
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None
Community & HOA
Community
- Features: Gated
- Security: Gated Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Dunlap
Financial & listing details
- Annual tax amount: $628
- Date on market: 5/2/2025
- Listing terms: Cash,Conventional
- Road surface type: Chip And Seal, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,175/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Listed for sale | $812,175+1210% |
Source: Greater Chattanooga Realtors #1512246 Report a problem | ||
| 2/22/2023 | Listing removed | -- |
Source: | ||
| 1/6/2023 | Listed for sale | $62,000-29.9% |
Source: | ||
| 11/8/2022 | Sold | $88,400-1.7% |
Source: | ||
| 11/2/2022 | Pending sale | $89,900 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 37327
Nearby schools
GreatSchools rating
- 5/10Griffith Elementary SchoolGrades: PK-4Distance: 2.6 mi
- 5/10Sequatchie Co Middle SchoolGrades: 5-8Distance: 2.7 mi
- 5/10Sequatchie Co High SchoolGrades: 9-12Distance: 10.3 mi
Schools provided by the listing agent
- Elementary: Griffith Elementary School
- Middle: Sequatchie Middle
- High: Sequatchie High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading








