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For sale
  • $1,000,000

    2977 Sr 56 Rd, Tracy City, TN 37387

    2beds
    1,520sqft
    : 
    Single Family Residence
    Built in 1948
    50.98 Acres Lot
    $-- Zestimate®
    $658/sqft
    $-- HOA

    What's special

    Open pasture-style acreageChicken houses
    Set on approximately 50 mostly cleared acres in Tracy City, this unique property offers a rare combination of usable land, extensive infrastructure, and long-term flexibility. With utilities already in place across the property, it's well-suited for a variety of uses—from private rural living to agricultural operations or future development. The existing main residence offers approximately 1,500 square feet and is supported by a 1,000-gallon propane tank, a 1,000-gallon septic system with field lines, and a private well with pump. In addition, a concrete slab has already been poured for a second home, with electric, plumbing, and propane lines installed beneath the slab—providing a significant head start for expansion or a multi-structure setup. The land is thoughtfully laid out and includes chicken houses, open pasture-style acreage, and a pond located toward the rear of the property beyond the farm structures. The mostly cleared terrain allows for easy access, visibility, and multiple build or use options. With no deed restrictions, buyers have the freedom to create a property that fits their vision—whether that's a self-sustaining setup, farming operation, family compound, or future subdivision potential. Conveniently located near the Bigfoot Adventure TN campground, this property combines rural privacy with proximity to local attractions while offering infrastructure that is rarely found on acreage of this size. A truly versatile tract with improvements already in place and room to grow.
    48 days
    |
    290
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 02, 2026 at 12:13pm

    Listed by:

    Garrett Cox 423-718-7613,

    Crye-Leike, REALTORS 423-756-0771

    Source: Greater Chattanooga Realtors,MLS#: 1527768

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,520
      • Total interior livable area: 1,520 sqft
      • Finished area above ground: 1,520

      Property

      Parking
      • Parking features: Garage
      Features
      • Exterior features: Other
      Lot
      • Size: 50.98 Acres
      Details
      • Parcel number: 089 024.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: See Remarks
      Condition
      • New construction: No
      • Year built: 1948

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public, Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Tracy City

      Financial & listing details

      • Price per square foot: $658/sqft
      • Tax assessed value: $124,600
      • Annual tax amount: $533
      • Date on market: 2/2/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,180/mo

        Price history

        Price history
        DateEventPrice
        2/2/2026Listed for sale$1,000,000+29%$658/sqft
        Source: Greater Chattanooga Realtors #1527768 Report a problem
        9/6/2024Listing removed$775,000$510/sqft
        Source: Greater Chattanooga Realtors #1386449 Report a problem
        2/7/2024Listed for sale$775,000-44.6%$510/sqft
        Source: Greater Chattanooga Realtors #1386449 Report a problem
        10/17/2023Listing removed--
        Source: BHHS broker feed Report a problem
        5/14/2023Listed for sale$1,400,000+1549%$921/sqft
        Source: BHHS broker feed #1373457 Report a problem
        11/7/2018Listing removed$84,900$56/sqft
        Source: Monteagle Sewanee REALTORS #1899314 Report a problem
        3/5/2018Price change$84,900-5.6%$56/sqft
        Source: Monteagle Sewanee REALTORS #1899314 Report a problem
        2/4/2018Price change$89,900-10.1%$59/sqft
        Source: Monteagle Sewanee REALTORS #1899314 Report a problem
        9/25/2017Price change$100,000-42.9%$66/sqft
        Source: Chattanooga - Downtown #1267701 Report a problem
        7/25/2017Listed for sale$175,000$115/sqft
        Source: Keller Williams Realty #1267701 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$93 $6,500
        2024$93 $6,500
        2023$93 -24.9%$6,500 +16.6%
        2022$123 -79.9%$5,575 -79.9%
        2021$615 $27,800
        2020$615 +0.8%$27,800 +3.2%
        2019$610 $26,925 +12%
        2018$610 +4%$24,050 +4%
        2017$587 $23,125
        2016$587 +0%$23,125
        2015$587 -0.2%$23,125 -0.2%
        2014$588 $23,177
        2013-- $23,177 -0.3%
        2012$488 +0.2%$23,245
        2011$487 +4.7%$23,245 +4.7%
        2010$465 +5.5%$22,192 +5.5%
        2009$441 $21,040
        2008$441 -25.4%$21,040
        2007$591 +57.1%$21,040 +57.1%
        2006$376 $13,389
        2005$376 $13,389
        2004$376 $13,389
        2002$376 $13,389
        2001-- $13,389 -78.4%
        2000-- $61,936

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,286/mo
        Principal & interest
        $4936
        Property taxes
        $350
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          Climate risks

          Neighborhood: 37387

          Getting around

          1 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Tracy City Elementary
          • Middle: Tracy City Middle
          • High: Grundy County 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.

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