355359 County Road 475 Etowah, TN 37331
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,796 sqft
Price per Sqft $113
MLS Listing ID 3306083
HOA Y/N No
Year Built 1995
Annual Tax Amount $4,468
Property Description
Streams | Event Venue Potential
Rare opportunity to own a one-of-a-kind income-producing property situated on approximately
24.25± acres across two parcels in the beautiful mountains of East Tennessee. Combining
established rental income, event space, and room for future expansion, this versatile property
offers endless possibilities for investors and entrepreneurs alike.
The property includes two single-family homes, an income-producing triplex (built in 1992),
and an income-producing quadplex (built in 1995). The quadplex also features a community
laundry room and a spacious lower-level event hall suitable for private gatherings, meetings,
receptions, or special events. Additional improvements include an outdoor pavilion,
amphitheater, and a peaceful creek bordering the rear of the property.
The scenic setting offers mature trees, open green space, mountain views, and a retreat-like
atmosphere that enhances its appeal for both residents and guests. Existing improvements
provide multiple income streams while offering opportunities for future development, subject to
local zoning and applicable approvals.
Potential uses include short-term rentals, boutique lodging, destination weddings, retreat center,
corporate or nonprofit campus, wellness or educational retreat, agritourism, vineyard or winery,
long-term rental investment, multi-generational living, or organizational housing.
Conveniently located near some of East Tennessee's most sought-after outdoor destinations,
including Starr Mountain, the Tellico River, Hiwassee River, Ocoee River, and the Cherokee
National Forest, the property is surrounded by year-round recreation including hiking, trout
fishing, kayaking, rafting, camping, horseback riding, and scenic mountain drives--making it an
attractive destination for visitors and tenants alike.
Location
State TN
County Mcminn County
Zoning Res Comm
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Wood, Tile
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Water Available
View Y/N true
View Mountain(s), Trees/Woods, Water
Roof Type Metal
Private Pool false
Building
Story 2
Sewer Septic Tank
Water Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools Mountain View Elementary
Middle Schools Etowah Elementary
High Schools Central High School
Others
Senior Community false
Special Listing Condition Standard
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