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).
Lot/land
$799,000
1770 Walters Dr, Morristown, TN 37814
--beds
0baths
25.67Acres
Land
Built in ----
25.67 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strategically positioned site
- 157 days |
- 56 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: October 13, 2025 at 07:46am
Listed by:
Ford Collier 865-337-3438,
SVN I Wood Properties 865-936-9999
Source: East Tennessee Realtors,MLS#: 1307842
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 25.67 Acres
- Features: Corner Lot, Irregular Lot
- Topography: Level
Details
- Parcel number: 033F A 006.00
- Zoning description: Zoned Residential
Community & HOA
Location
- Region: Morristown
Financial & listing details
- Tax assessed value: $128,700
- Annual tax amount: $1,017
- Date on market: 7/10/2025
- Listing terms: Cash,Conventional,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Price change | $799,000-8.7% |
Source: | ||
| 7/10/2025 | Listed for sale | $875,000+589% |
Source: | ||
| 9/9/2022 | Sold | $127,000 |
Source: | ||
| 7/26/2022 | Pending sale | $127,000 |
Source: | ||
| 7/25/2022 | Listed for sale | $127,000+41.1% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,017 | $32,175 |
| 2023 | $1,017 | $32,175 |
| 2022 | $1,017 | $32,175 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 37814
Nearby schools
GreatSchools rating
- 4/10West Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Lincoln Heights Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Morristown West High SchoolGrades: 9-12Distance: 1.8 mi
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