A small town in Tennessee that's up for sale for $725,000 is drawing comparisons to Schitt's Creek - take a look

·4 min read
Water Valley in Tennessee
Water Valley in Tennessee is on sale for $750,000. Christa Swartz of Fathom Realty
  • A seven-acre town 50 miles south of Nashville is on sale for $725,000.

  • The town has four former stores, a barn, and a creek.

  • The real-estate broker said some people had likened it to the fictional Schitt's Creek.

A seven-acre town in central Tennessee has hit the market for $725,000.

Water Valley in Maury County, near the Natchez Trace Parkway, has four former stores built pre-1900, a barn, and "Mulberry trees galore," per the listing by real-estate broker Christa Swartz.

Water Valley in Tennessee
The property spans seven acres. Christa Swartz of Fathom Realty

Two of the buildings have updated wiring and plumbing, and could be used for commercial services, housing, or a B&B, per the listing.

The town also comes with "plenty of frontage on Leiper's Creek," which flows through the middle of town, Swartz told Insider.

Water Valley in Tennessee
Water Valley also comes with part of a creek. Christa Swartz of Fathom Realty

Swartz told Fox Television Stations that she had received multiple offers on the town, and that both locals and from Hollywood producers had inquired.

"I am inundated with calls from all over the United States," she told Fox, including one day where she received 93 calls.

Water Valley in Tennessee
Water Valley in Tennessee is on sale for $750,000. Christa Swartz of Fathom Realty

"We've had a couple of calls from Hollywood asking if they might buy the whole town to use as a movie set," she told Nashville station News Channel 5. "It would really strip this of the reality of the history and make it more of a stage rather than something we preserve as the history of Tennessee."

"I think until I get it sold, I'm going to continue to get calls from Hollywood and Las Vegas - folks that are saying, 'this is perfect, let us have it,'" she told WKRN. The sellers didn't want this, she said.

She told News Channel 5 that some of the people who spoke to her about the town mentioned the Schitt's Creek television series, in which a family loses all their money and relocates to a small town they once purchased as a joke.

Water Valley in Tennessee
Water Valley in Tennessee is on sale for $750,000. Christa Swartz of Fathom Realty

Swartz told Fox that four relatives had bought the town in the 1970s. She told that they wanted to sell it to someone who would preserve the town and keep all the buildings.

Swartz told Insider on Tuesday that the sellers hasn't agreed on an offer to accept yet, but that she expected it may go under contract this week.

Water Valley in Tennessee
Water Valley in Tennessee is on sale for $750,000. Christa Swartz of Fathom Realty

Swartz said there are loads of options for the future buyer.

"You could totally be your own mayor," Swartz told Fox. "You would also be your own everything else though, too ... so the cleaner and the mayor and the barkeeper. You could be the antique store owner."

Water Valley in Tennessee
Water Valley is located in central Tennessee, around 50 miles south of Nashville. Christa Swartz of Fathom Realty

"You get to make the decisions and make the rules for your own little town if you get Water Valley," she added.

County officials would handle the infrastructure, such as roads and water, Swartz told Fox.

Water Valley in Tennessee
Water Valley in Tennessee is on sale for $750,000. Christa Swartz of Fathom Realty

Though the former town has 15 residents, Swartz told Insider that the property on sale doesn't include any homes. She did note, however, that it included living quarters with two bedrooms and three bathrooms.

The average house price in Tennessee is $472,000, per the Federal Housing Finance Agency's house price index, which is based on sales and appraisals in the second quarter of 2021.

Water Valley in Tennessee
Water Valley also comes with a barn. Christa Swartz of Fathom Realty

Swartz told Insider that Water Valley was one of Maury County's first settlements, changed its name from Spencer's Mill in 1874 when a post office was established there. Water Valley was chosen as a name because it was regularly flooded by Leiper's Creek, she told The Tennessean.

She told Fox that most of the original Water Valley was incorporated into nearby Williamsport, and that what remains was no longer formally recognized as a town because its post office had closed.

Water Valley in Tennessee
The stores, however, need some work before they can be used again. Christa Swartz of Fathom Realty

Flyover footage of Water Valley is available on YouTube.

Read the original article on Business Insider

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