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$1,450,000

Exceptional Multi-Family Investment Opportunity | 24.25± Acres | Multiple Income 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.

3306083 MLS ⋅ ACTIVE Status ⋅ 37331 Zip Code

355359 County Road 475, Etowah

$1,450,000

Welcome to a rare opportunity to own 100.72 acres of beautifully maintained, unrestricted East Tennessee farmland in the heart of McMinn County. Featuring approximately 65.72 acres of open pasture and 35 acres of mature timber this property offers a setting that feels straight from a postcard. The property features a well maintained 3- bedroom, 1- bath brick ranch with approximately 1,363 square feet of living space. The home includes a full unfinished basement with a woodburning fireplace, a bathroom already stubbed for future expansion, and a newer metal roof. Portions of the pasture have been newly fenced, and the property includes two barns, a detached garage, a scenic pond, a natural spring, city water and two wells . With ample road frontage, this farm offers flexibility for a variety of uses including cattle, horses, hay production, or recreation. Whether you're searching for a working farm, a private homestead, or a property with development potential, this one offers endless possibilities! Schedule your private showing today!

3 Beds ⋅ 1 Baths ⋅ 3288250 MLS ⋅ ACTIVE Status ⋅ 100.72 Acres ⋅ 37303 Zip Code

211 County Road 617, Athens