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Listed by Karen Whitlock • Karen Whitlock Realty
$ 1,200,000
Est. payment | /mo
6 Beds
6 Baths
3,451 SqFt
$ 1,200,000
Est. payment | /mo
6 Beds
6 Baths
3,451 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 3,451 sqft
Price per Sqft $347
MLS Listing ID 3265807
Bedrooms 6
Full Baths 4
Half Baths 2
HOA Y/N No
Year Built 2002
Annual Tax Amount $2,401
Lot Size 21.680 Acres
Acres 21.68
Property Description
IMAGINE...21.68 ACRES.. TWO HOUSES, BARN AND CELL TOWER!! ..This property is full of opportunity...can be big house for parents & small for kids as a ''family compound'' or it can be made into b & b with four separate in the ground septics for more rental property...or open up that commercial kitchen & start a plan with it...but don't forget the income coming from the US Cellular tower. Originally started out as storage barn with living qtrs but then previous owner/father got the two bdr house built, as he started his dream of a apple orchard. Orchard started producing & had a retail bldg/store at base of property. The big house got built with 4 bdr, huge garage, , on main level floor with storage space..two levels of living space, beautiful MOUNTAIN VIEWS... , couple lived here several years, house had hand hewn wood, room for crafts on top floor, big master bedroom, living area open great room style. Commercial kitchen could start operations tomorrow except roof needs work (executor says) but other than that it's in good shape. He used to bake in there and take down to the farmers market & sell there...I saw his work..it looked great.
Concrete area was called ''high tunnel'' and it has heated floor for anything whether commercial or personal use...needs plastic put back around it big storm took it down. The kitchen and the barn do not have heat or air, there is a propane heater in barn but it would need separate tank. Two wells on property. One at bottom of property one on top. Small house has central heat and air. It's pretty new, has nice covered porch and again great views. So many things you could do with this. B & B overnite rentals, etc all let the kids have a house and love the land and get pets!!
The cellular tower is on top of the hill, they maintain the road to it. Brings in $14,283. a year. Renewal increases every 5 years up 15%. (6% cap rate) They say they have been great about keeping the road up.
Concrete area was called ''high tunnel'' and it has heated floor for anything whether commercial or personal use...needs plastic put back around it big storm took it down. The kitchen and the barn do not have heat or air, there is a propane heater in barn but it would need separate tank. Two wells on property. One at bottom of property one on top. Small house has central heat and air. It's pretty new, has nice covered porch and again great views. So many things you could do with this. B & B overnite rentals, etc all let the kids have a house and love the land and get pets!!
The cellular tower is on top of the hill, they maintain the road to it. Brings in $14,283. a year. Renewal increases every 5 years up 15%. (6% cap rate) They say they have been great about keeping the road up.
Location
State TN
County Sevier County
Interior
Fireplace Y
Exterior
Garage Spaces 2.0
View Y/N true
View Mountain(s)
Private Pool false
Building
Story 3
Sewer Septic Tank
Water Well
New Construction false
Others
Senior Community false
Special Listing Condition Standard
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