Property Description

Barbara RatledgeTue, Jun 30, 5:23 PM (1 day ago)to meExceptional Investment & Hospitality Opportunity on 21.75+ Acres | Multiple Income Streams | Event Venue PotentialDiscover an extraordinary investment opportunity in the heart of East Tennessee, where natural beauty meets exceptional income-producing potential. Spanning approximately 21.75 acres across two parcels (Parcel #118 034.02 - 14.96 acres and Parcel #118 034.00 - 6.79 acres), this unique property offers a rare combination of established rental income, event capabilities, expansion opportunities, and breathtaking mountain surroundings.Whether your vision includes a thriving short-term rental business, boutique hospitality destination, wedding venue, retreat center, agritourism venture, nonprofit campus, multi-family investment, or a combination of income-producing uses, this property provides the versatility to bring those ideas to life.The property currently features multiple structures designed to support a variety of residential and commercial-style uses, including: Single-family residence (359 County Rd 475) built in 1917 Triplex (361 County Rd 475) built in 1992 Quadplex (353 County Rd 475) built in 1995 featuring four residential rental units, a community laundry room, and a spacious lower-level event hall suitable for gatherings, meetings, receptions, or private events Outdoor pavilion for entertaining and group activities Amphitheater providing additional space for weddings, performances, community events, or outdoor gatherings. (with a little tlc)The property's peaceful setting creates a retreat-like atmosphere while offering significant flexibility for both personal and business use. Mature trees, open spaces, mountain views, and a creek along the rear of the property provide a picturesque backdrop for guests, residents, and visitors alike.

Property Features

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