Grayson Way

Lone Oak TN 37377

2.81 ac.

Land

Last sold for $115,000

Todd Henon, last sold this property on 28 August 2025 after 332 days on market.

Overview

BUILD ON SIGNAL MOUNTAIN! Enjoy a peaceful woodland setting, offering an incredible opportunity to customize the best of mountain living. Lot 7 is approved for 3 bedrooms, using a modified conventional or low pressure pipe septic system. Build your dream home on this private 2.81-acre lot (marked Lot #7 on map), the serenity of an interior lot, and the largest in this 7-lot community. Seller is a licensed building contractor willing to discuss the possibility of building a custom home. You don't have to give up convenience to enjoy this tranquil Sequatchie County setting, this homesite is situated one minute from US 127 - Taft Hwy, 2 minutes from Corral Road, and 25 minutes from Downtown Chattanooga. County taxes ONLY, and NO STATE INCOME TAX in Tennessee! Grayson Way puts the best of Tennessee at your fingertips! Enjoy Signal's numerous nearby hiking trails, including breathtaking Signal Point and beautiful Rainbow Lake with its refreshing falls. Enjoy reliving history with a bicycle ride through historic Old Towne with the trolley tracks still embedded, then stroll through Signal's charming boutiques, visit the Apple Orchard for fresh cider, or indulge in excellent fare at the Bread Basket Bakery or one of the charming locally-owned restaurants or coffee shops. Experience the unique balance of scenic mountain living, with urban conveniences within easy reach. Experience for yourself what makes Signal Mountain living so extraordinary! (No trailers and minimum restrictions. Any and all property lines on photos are simulated and are approximate. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)

Features

2.81 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Lone Oak over the last 12 months, the estimated median property value of Grayson Way is $215k.

Median value

$215k

Estimated value range

$8k - $1.03m

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lone Oak. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Grayson Way

2025

Sold

$115,000

28 Aug 2025 by Todd Henon, of Keller Williams Realty Greater Downtown

2023

Sold

$10,130

09 Jun 2023 by Nathan Torgerson, of Keller Williams Realty Greater Downtown

2017

Sold

$38,000

28 Jul 2017 by Brian Kelly

Happy sellers in Lone Oak

We have insufficient information to provide an overview of customer satisfaction for Lone Oak. Viewing the agent profiles, reviews and sales for Lone Oak can provide insights for this location.