
1135 Ned Clark Rd, Bean Station, TN 37708
Grainger County - 45 County
Key Facts
Description
BEAN STATION, TENNESSEE | CHEROKEE LAKE REGION | DEVELOPMENT ACREAGE | LAKEWAY CORRIDOR Located 48 miles from central Knoxville along the US-11W corridor, 1135 Ned Clark Road offers rolling, wooded acreage in one of East Tennessee's most strategically positioned growth markets. This is investment land priced for the ground beneath your feet. Existing structures carry no assigned value and place no constraint on your development vision. THE LOCATION Bean Station sits at the heart of Tennessee's Lakeway region, a four-county recreational corridor anchored by Cherokee Lake and served by established highway connections to Knoxville, Morristown, and Rogersville. The property sits minutes from the water with terrain that delivers the natural privacy and wooded character that command premium pricing in today's short-term rental and resort market. CHEROKEE LAKE: THE PRIMARY VALUE DRIVER Cherokee Lake is a 30,300-acre TVA reservoir and one of Tennessee's premier destinations for boating, fishing, water sports, and lakeside recreation. For resort developers and vacation rental investors, lake proximity is the most reliable driver of occupancy rates and nightly pricing in the East Tennessee STR market. Three full-service marina facilities serve the immediate area: Huff's German Creek Marina (4.7 stars): Full-service boating and lake recreation rated among the region's best. Lakeside Marina (4.4 stars): A well-regarded facility supporting both residential and resort guest needs. Cherokee Boat Dock (4.5 stars): Conveniently positioned lake access rated highly by boating guests and recreational visitors. Marina proximity translates directly to guest satisfaction, repeat bookings, and premium nightly rates for any resort or vacation rental development on this site. DEVELOPMENT SCENARIOS BOUTIQUE GLAMPING RESORT: Rolling terrain and mature hardwoods create natural separation and privacy between structures. Elevated glamping units, platform tents, and luxury cabin clusters perform at premium price points in East Tennessee's experiential travel market. The scenic privacy this land provides is a product in itself. TINY HOME OR MANUFACTURED HOUSING COMMUNITY: Remote work migration and retirement-age buyers seeking affordable lakeside living are driving documented demand for alternative housing across East Tennessee. Tennessee's regulatory environment remains favorable for manufactured and modular community development. Cherokee Lake proximity commands proven monthly rate premiums. UPSCALE RV OR MOTORCOACH RESORT: The wooded, sloped terrain creates the organic, off-grid aesthetic that premium RV travelers seek, while supporting flexible hook-up infrastructure for density planning. Lakeway-area RV destinations are meaningfully underdeveloped relative to the Sevier County corridor. PRIVATE COMPOUND OR LEGACY PROPERTY: For buyers seeking a retreat outside Gatlinburg congestion, this acreage offers privacy, lake proximity, and regional accessibility that is difficult to replicate in the current market. EXISTING SITE STRUCTURES Original farmhouse: 624 square feet. Requires extensive rebuild or removal. No value assigned in listing price. Large older barn: Suitable for event space, equipment staging, agricultural storage, or phased conversion. Additional storage shed included with property. The structures do not define this land's potential. MARKET TIMING East Tennessee's short-term rental and resort market has posted sustained growth driven by Smoky Mountain visitation, remote work relocation, and national demand for drive-to outdoor destinations. The Cherokee Lake corridor and wider Lakeway region remain underserved relative to Sevier County, creating a measurable first-mover window for investors ready to act before the area fully matures. Visitors seeking lake access without Gatlinburg pricing are actively searching for Lakeway alternatives. This property sits in the center of that demand corridor.
Property Information
Property Type
Land
Lot Size
3.50 acres
Lot Dimensions
577 x 280 x IRR
MLS® Listing#
1324118
Property Features
Lot Features
Sewer
Financial Details
Parcel Number
023 018.00
Directions
US 11 W to Ned Clark Rd. Sign on property.
Affordability Calculator
$19,980
Estimated monthly payment
$532/mo
Principal $79,920 · Est. interest $111,496 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bean Station, TN
- $810,345
- Median Listing Price
- 37
- Median Days on Market
- 2,766
- Median Sq Ft
- $304
- Median Price / Sq Ft
- 205
- Active Listings
- This home’s price is 88% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bean Station, TN.
Location
Walk Score
Car-Dependent
Walk Score details ↗Points of Interest in Bean Station, TN
Showing the Bean Station area map.
Nearby Schools
Kingswood Hiking Trail
Elementary · 2.1 mi away
Kingswood School
School · 2.6 mi away
Bean Station Elementary School
Elementary · 2.9 mi away
Mooresburg Elementary School
Elementary · 4.7 mi away
Grainger High School
Secondary · 8.2 mi away
Fairview Marguerite
Elementary · 8.6 mi away
Faith Christian Academy
School · 8.8 mi away
John Hay Elementary
Elementary · 9.4 mi away
Meadowview Middle School
Secondary · 9.4 mi away
Russellville Elementary
Elementary · 9.5 mi away
West Elementary
Elementary · 9.5 mi away
East Ridge Middle School
Secondary · 9.6 mi away
Miller Boyd Alternative School
School · 9.9 mi away
Dui Programs of East Tennessee
Secondary · 10.1 mi away
Hillcrest Elementary
Elementary · 10.3 mi away
Morristown-Hamblen High School East
Secondary · 10.3 mi away
Alternative School School System
School · 10.3 mi away
Citizen Tribune
School · 10.5 mi away
Manley Elementary
Elementary · 10.6 mi away
Seventh Day Adventist Church
School · 10.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Paradise Mtn Lane, Bean Station, TN | $89,900 | — | — | — |
| Lot 69 Megans Tr, Bean Station, TN | $95,000 | — | — | — |
| Lot 69 Megans Trail Lot 69, Bean Station, TN | $95,000 | — | — | — |
| 0 Megans Trail, Bean Station, TN | $95,000 | — | — | — |
| Lot 39 Logans Bluff, Bean Station, TN | $104,900 | — | — | — |
| 703 Main Street, Bean Station, TN | $115,000 | — | 1 | 533 |
Moving Cost Estimate
EXIT Agents in Bean Station
Listing Courtesy: Keller Williams West Knoxville - 8659665005
















