359 Co Rd 475, Etowah, TN 37331

Sqft
10,848

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Listed byEast Tennessee Properties LLC
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Overview

Exceptional Investment & Hospitality Opportunity on 21.75± Acres | Multiple Income Streams | Event Venue Potential

Discover 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.

Investment possibilities include:
• Short-term vacation rentals or Airbnb accommodations
• Boutique lodge or hospitality business

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
3
Square feet
10,848
Year built
1995

Exterior features

Water view
Yes

Utilities

Heating
Central
Cooling
Central Air
Sewer
Septic System
Water
Public Water

Taxes

Tax Annual Amount
$1,705

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Realtracs MLS®#: 3251237 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.