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$6,000,000

Dripping Springs Rd, Monterey, TN 38574
Monterey, TN 38574
Listed by Rhonda Darrow · Home Touch Realty, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Endless possibilities await with this exceptional tract of land offering the perfect blend of cleared acreage, wooded privacy, and natural beauty. Whether you're looking to develop a subdivision, establish a working farm, create a private family compound, or invest in a one-of-a-kind property, this land is ready to bring your vision to life. Featuring over 300 acres of cleared land and approximately 300 acres of mature woodland, the property offers level to rolling terrain, scenic creek frontage, impressive bluffs, and approximately one mile of gravel road already in place for easy access throughout. Multiple potential building sites provide ample opportunities for residential, agricultural, or recreational use. Imagine creating a multi-generational family estate, expanding farming operations, or developing a thoughtfully planned community. The seller will consider dividing the property, providing additional flexibility to meet your needs. A portion of the property contains an underground mine shaft from many years ago. Buyers are encouraged to perform their own due diligence regarding the property and its intended use. Don't miss this rare opportunity to own a truly remarkable piece of land with unlimited potential. Call today for more information or to discuss acreage options.

Property details

MLS #
1349866
Property type
Land
Subdivision
N/A
Status
Active
Days on market
23
On market date
July 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
600 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Burks Elementary
4.21 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
480
Student:teacher ratio
13.7:1
District
Putnam County
Middle
None found nearby
High
Monterey High School
4.38 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
594
Student:teacher ratio
17.0:1
District
Putnam County

Walkability

Blended score for Monterey's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

13
Very car-dependent
out of 100
EPA National Walkability Index
4.2 / 20 -- Least walkable
Nearby-amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Monterey, from live MLS data.

On the market 23 days -- 317 fewer days than Monterey's current average of 341 days.
For reference, the median list price across 158 active listings in Monterey right now is $64,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$36,283/mo
$1,200,000 down
$4,800,000 loan
Principal & interest$31,133
Property tax (est.)$5,000
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated July 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.