Morristown Real Estate Search

Morristown Properties between $1,000,000 and $1,500,000 for Sale

Our website features the best real estate search for between $1,000,000 and $1,500,000 properties available in Morristown and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Morristown Properties between $1,000,000 and $1,500,000 for Sale

2215 Buffalo Tr, Morristown
$1,200,000
1360218 MLS
VALUE ADD OPPORTUNITY - 17 UNITS - 8.3 CAP RATE - $1.2 MILLION - MORRISTOWN TN Buffalo Trail Apts are well located on a 2 acre corner lot offering plenty of on-site parking and great road signage with a traffic count of nearly 10,000 cars per day. Additionally, all units are separately metered for water and electric with tenants paying all charges. Buffalo Trail is conveniently located just steps from Walmart, local shops, popular restaurants, Cherokee Lake, US-11E, and I-81. Current ownership has invested over $60,000 in capital improvements over the past 36 months, with additional upside available through interior upgrades, enhanced amenities, and increased rents. With a manageable 17-unit size, established local demand, and opportunities to improve rents, Buffalo Trail Apartments presents an attractive value-add investment in East Tennessee. All showings by appointment only.

2215 Buffalo Tr, Morristown
3101 Bridgewater Blvd, Morristown
$1,295,000
4 Beds ⋅ 3 Baths ⋅ 1355154 MLS
Transform your everyday living into something extraordinary in this stunning lakefront property in Bridgewater Pointe. This lakefront double lot rests in a lovely cove in the Lakeway area of Cherokee Lake and promises to deliver the lake life you have yearned for with water access and incredible mountain views. This bright and light-filled home welcomes all who enter with beautiful wood floors, a neutral paint palette, and high ceilings allowing ample natural light to flood the home. The primary living space presents with beautiful views, a focal fireplace and seamless connection to both the formal dining room and the open kitchen with stainless appliances, an adjacent pantry/laundry, as well as lovely East Tennessee views. The primary suite is on the main level with a trey ceiling and an ensuite with a walk-in shower, soaking tub, dual vanities and a walk-in closet with built-ins. Two additional bedrooms and bath complete this main level while the lower level offers an easy outdoor access walk-out basement with stamped concrete floor (perfect for wet feet!) as well as additional living space plus the remaining bedroom and bath. If entertaining and outdoor living are what you love then this home will not disappoint. The upper-level deck and lower-level patio offer covered and uncovered spaces to host and a lower-level sun-deck is just the place for the resident home owner to relax after a long day of work. Past the spa, and firepit is a double decker dock with sun pad and boat lift for endless fun on the water. Come and enjoy all the life on the lake has to offer!

3101 Bridgewater Blvd, Morristown
TBD Morelock North / 25E Rd, Morristown
$1,375,000
1323415 MLS
Prime Development Opportunity - Nearly 25 Acres on Hwy 25 with Multiple Access Points! Discover endless potential with this exceptional 24.9± acre property offering high-visibility frontage on Highway 25 and additional access from Bell Road and N Morelock Road. Whether you're envisioning a marina, apartment complex, residential subdivision, strip center, or RV/boat storage, this versatile tract of land is perfectly positioned for your next project. Just minutes from Cherokee Lake, developers have the rare opportunity to capitalize on the area's strong demand for lake-access amenities--ideal for marina services, storage facilities, or resort-style housing. Currently zoned agricultural and benefiting from Green Belt tax savings, this property provides both immediate value and future development flexibility. Strategically located in Morristown, the regional hub for employment, retail, recreation, and healthcare, this parcel sits at the center of an eight-county radius reaching nearly 350,000 residents. Morristown's infrastructure is unmatched, featuring its own general aviation airport, a fully operational rail system, and quick connectivity to Interstates 81, 40, and 75, as well as major routes 25E and 11E. (Source: Morristown Chamber of Commerce) This is a rare chance to secure a highly accessible, high-growth location with limitless potential. Bring your vision--this property can support it.

TBD Morelock North / 25E Rd, Morristown
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