145 Black Bear Lane
About This Property
Build your dream home surrounded by the natural beauty of the Cumberland Mountains! This gorgeous 17.9-acre tract is located in The Preserve at White Oak Creek, a gated community featuring large acreage properties, privacy, and beautiful mountain scenery.
The front portion of the property is level and cleared, offering multiple possibilities for a homesite while mature trees along each side provide a wonderful natural privacy buffer. Beyond the cleared area, the property transitions into wooded, sloping acreage that extends all the way to a creek--giving you the best of both worlds with usable open land, woods, water, and mountain views all on one property.
Even better, a well has already been installed, taking one important step out of the building process.
Outdoor enthusiasts will love the location! Enjoy convenient access to Big South Fork National River and Recreation Area, known for its incredible scenery, hiking, horseback riding, paddling, and outdoor recreation, as well as Brimstone Recreation Area, offering hundreds of miles of off-highway vehicle trails.
Located approximately 65 miles from Knoxville and nestled in the Cumberland Mountains, this property offers the peace and privacy of East Tennessee mountain living while still being within reach of Knoxville and surrounding areas.
Whether you're looking for the perfect setting for a full-time residence, mountain retreat, or recreational getaway, this 17.9-acre property offers an exceptional combination of cleared building areas, wooded privacy, creek frontage, mountain views, and acreage. Come experience everything The Preserve at White Oak Creek has to offer!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | Listed by Keller Williams | $185,000 | |
| Listed by Keller Williams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017