$1,500,000
FOR SALE355/359 County Road 475, Etowah, TN 37331
Etowah, Tn, 37331
MLS #1349485
Subdivision: -
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
Exceptional Multi-Family Investment Opportunity | 24.25 Acres | Multiple IncomeStreams | Event Venue PotentialRare opportunity to own a one-of-a-kind income-producing property situated on approximately24.25 acres across two parcels in the beautiful mountains of East Tennessee. Combiningestablished rental income, event space, and room for future expansion, this versatile propertyoffers 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 communitylaundry 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-likeatmosphere that enhances its appeal for both residents and guests. Existing improvementsprovide multiple income streams while offering opportunities for future development, subject tolocal 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 CherokeeNational Forest, the property is surrounded by year-round recreation including hiking, troutfishing, kayaking, rafting, camping, horseback riding, and scenic mountain drives--making it anattractive destination for visitors and tenants alike.Properties offering this combination of acreage, multiple residential buildings, established rentalincome, event facilities, and natural beauty are rarely available. Whether you're expanding yourinvestment portfolio, creating a hospitality destination, or seeking a unique property with multiplerevenue opportunities, this exceptional offering is ready for its next chapter.
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Listing Courtesy of: East Tennessee Properties LLC
