About the property

$300,000. The River Preserve community features 9 unique residential building tracts offering unequaled vistas of the Tennessee River. This rare find was once part of the former Siskin Steel recreation site. The Tennessee Valley Authority has granted permission for limited residential development,provided that the land around the home site remain a natural preserve with minimum land disturbance. Deed restrictions limit development to one home per tract and will ensure that the hardwood forest and rare plants will remain unspoiled. Each lot has been permitted to have one, two-acre building site, which must be approved by TVA. This 22 acre lot offers lots of privacy with lake views and lake access. The 2 acre building site has been approved by TVA and ready for development. Building plans are available if necessary. Property owners are entitled to one of the ten floating boat slips at the community dock, on year round water in a natural cove. Being adjacent to TVA protected land and deed restrictions will ensure that The River Preserve remains one of Chattanooga's most sought after residential communities. A perfect blend of extensive lake frontage, natural horticultural preservation and breathtaking views of the Tennessee River. An opportunity of this type may only come once in a lifetime. Presented by Barry Grayson, Realtor, Affiliate Broker call/text (423) 593-3660 or Barry@BarryGraysonRealtor.com for more information. MLS 1156015. Fletcher Bright Company is a licensed real estate brokerage in TN and GA - 1007 Ashland Terrace, Suite 103 Chattanooga TN 37415 - (423) 877-8570 Barry Grayson is a licensed REALTOR(R) in TN - Equal Housing Opportunity