Price: $9,000,000

3,521 GIS Acres Vonore, Monroe County, Tennessee

One of the last, large tracts of unbroken, privately held lands in the southern Smoky Mountains, this once-in-a-lifetime opportunity

is almost entirely surrounded by public land and only an hour drive from Knoxville or Chattanooga.

TURKEY PEN

Fountains Land, an F&W company, 1549 North Charles Sevier Boulevard, PO Box 328, Clinton, TN 37717 Contact: Rick Sluss ~ rsluss@fwforestry.com ~ Office: (865) 938-4887 ~ Cell: (865) 640-5430

fountainsland.com

OVERVIEW Turkey Pen is one of the few remaining large properties adjacent to the Cherokee National Forest and at the foot of the Great Smoky Mountains National Park. This could be the last time this property is available for private ownership. The property provides an excellent opportunity for the buyer seeking a significant scenic landscape with immense privacy and protection provided by its noteworthy, forever-wild neighborng lands. Here, a unique recreational retreat can be developed that would recognize the signifigance of its natural resources. LOCATION Turkey Pen is located in southeastern Tennessee where the landscape is rolling hills with small fertile valleys . To the east lies a large conglomerate of public land including Great Smoky Mountains National Park, Nantahala National Park Chattahoochee National Forest. The nearest town is Vonore, 22 miles from the property on HWY 411. This small town has a grocery store, boat marina, service station, and several local eateries. The property is conveniently located one hour from Knoxville, Tennessee, to the north, and one hour to Chattanooga, Tennessee, to the southwest. Both cities have full-service airports. Atlanta, Georgia, is 3 hours to the south. ACCESS/BOUNDARIES With over 3 miles of county road frontage on both sides of Mount Pleasant Road, a county-maintained gravel road, the access is exceptional for a property of this size. From the town of Vonore driving down Route 360, one passes historic Fort Loudon, a public boat launch to the Little Tennessee River and the Sequoyah Birthplace Museum. From Route 360, Citico Road takes you to Mount Pleasant Road, at which point it is a 7 mile drive to the property. Electricity and phone service are along Mt. Pleasant Road. Once on the property, there are over 13 miles of maintained, interior roads that are well-gated along the county road for security. In addition, there are about 7.5 miles of maintained trails for horseback and ATV riding. The property is surveyed and well-marked with blue paint and corner pins.

Turkey Pen offers a can’t miss opportunity to own a legacy property that is nearly encircled by protected land.

Mount Pleasant Road runs through the property, providing over 3 miles of frontage on both sides.

Fountains Land — Specializing in the sale of forestland and rural estates.

PROPERTY HISTORY The cultural significance of Turkey Pen dates back to the Cherokee who once roamed and lived on and around the property. Two Cherokee historic sites, the original Tellico Village and the birth place of Sequoyah, are both nearby. Following the Cherokee, the land was one of the first areas settled by Europeans west of the Blue Ridge Mountains. Historic Fort Loudon and Sequoyah Birth Place Museum are along the road leading to the property. Turkey Pen still resembles the area these early settlers and Native Americans lived on with almost untouched beauty and serenity. The current owners have owned the property since 1998 and, prior to their ownership, the property was held by the same family for several generations. Formerly known as Turkey Pen Retreat, the property was once operated as a country lodge and retreat greeting visitors from all over. RECRATIONAL OPPORTUNITIES

The property offers endless opportunities for outdoor activities The interior roads, and maintained trails add up to over 20 miles of recreational access and exploration. Along the private roads and trails, there are 21 cleared sites, each strategically situated on high knolls providing scenic vistas and game feeding sites. Another noteworthy attribute is the nearly 4,000’ feet of frontage along Chilhowee Lake, where Bolden Knight Bluff provides fine views of the lake and National Park beyond. There is great fishing and boating on Tellico Lake, Chillhowee Lake, and Citico Creek. There is boat access at Chilhowie Lake and Tellico Lake and a full service marina at Tellico Lake. Hunting opportunities include black bear, white tail deer, wild hogs, eastern wild turkey, and ruffed grouse. Recreational options widen directly off the property as it abuts with the Cherokee National Forest to the west and south and with Nature Conservancy lands to the east and north. Directly east across Chilhowee Lake sits the Great Smoky Mountains National Park.

Citico Creek (above) offers great fishing. The scenic falls below can be found along Mount Pleasant Road near the property boundary.

The property and surrounding area are rich with the history of Native Americans and European settlers.

Fountains Land — Specializing in the sale of forestland and rural estates.

FACILITIES In the center of the property, there is a rustic, nine bedroom lodge with kitchen and dining area; a one room, two bath caretaker’s quarters; and a barn and storage building. Further out, there is a one bedroom Carringer cabin and the historic Happy Top Church. All of the facilities are currently usable but will need modern upgrades to renew their full potential. This collection of buildings offers immediate use potential and can serve as the basis for development of a family retreat with a main lodge and guest quarters. The property is ready to welcome horses in its barn. The covered wooden bridge and the Happy Top Church add to the character and unique history of this unique property.

Caretaker’s Quarters

The central lodge hosts 9 bedrooms and is ready for updating into a family retreat.

Fountains Land — Specializing in the sale of forestland and rural estates.

Carringer Cabin

Happy Top Church Covered Bridge

FOREST RESOURCE

The forest at Turkey Pen has been managed by a professional consulting forester since 1998. A mature forest encompasses most of the property. White pine, hemlock, yellow pine, mixed oak, hickory, and yellow poplar comprise the majority of the species found on the property. The forest was completely inventoried by professional foresters in the fall of 2014. Timber summary data is provided on the tables and graphic below. Complete timber data and property stand type maps are available upon request.

Fountains Land — Specializing in the sale of forestland and rural estates.

CONSERVATION LEGACY The conservation value of this property is very high given its juxtaposition to Chilhowee Lake, the National Park and Forest Service lands, and other protected forests held by The Nature Conservancy. Although inhabited by many generations of people who farmed and lived off the natural resources, the land has reverted back to a mature forest over most of the property. There are still a few signs of once tended fields and old home sites where multiple generations of mountain people raised their families. However, the forest has almost erased all signs of this past disturbance. The hillsides are now covered by a mature hardwood and natural pine forest that runs unbroken from the Cherokee National Forest over to the Nature Conservancy lands around Chilhowie Lake. Among the hillsides are streams such as Carringer Creek, Miry Branch, and Mulberry Branch that flow through deep coves with towering trees reaching for a glimpse of sunlight.

TAX and TITLE INFORMATION Property taxes in 2016 were $23,598. The maximum allowed acreage (1,500) is enrolled in the Tennessee Green Belt Program to reduce tax burden. The property is owned by Timberland Investment Resources whose deed recorded in Deed Book 377, Page 772 in Monroe County, Tennessee. It is further identified as parcel 063-15.00 and sub-parcels 000, 001, 002. Property is currently under an annual hunting lease to the Tennessee Bear & Boar Association, providing annual income of $23,000. There is a power line easement along the eastern side of the property.

Fountains Land is the exclusive broker representing the seller's interest in the marketing, negotiating and sale of this property. Fountains has an ethical and legal obligation to show honesty and fairness to the buyer. The buyer may retain brokers to represent their interests.

All measurements are given as a guide, and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission, or misstatement in these particulars, nor do they constitute an offer or a contract. We do not make or give, whether in these particulars, during

negotiations or otherwise, any representation or warranty in relation to the property.

Fountains Land — Specializing in the sale of forestland and rural estates.

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