355/359 County Road 475 Etowah, TN 37331
12,796 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,796 sqft
Price per Sqft $117
MLS Listing ID 1349485
Year Built 1995
Lot Dimensions 24.25 ac
Source East Tennessee REALTORS® MLS
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.
Properties offering this combination of acreage, multiple residential buildings, established rental
income, event facilities, and natural beauty are rarely available. Whether you're expanding your
investment portfolio, creating a hospitality destination, or seeking a unique property with multiple
revenue opportunities, this exceptional offering is ready for its next chapter. Property Features
Ï Approximately 24.25± acres (two parcels)
Ï Two single-family homes
Ï Income-producing triplex
Ï Income-producing quadplex
Ï Community laundry room
Ï Lower-level event hall
Ï Outdoor pavilion
Ï Amphitheater
Ï Creek along rear of property
Ï Mountain setting
Ï Multiple income streams
Ï Expansion potential (subject to applicable approvals)
Location
State TN
County Mcminn County - 40
Rooms
Family Room Yes
Other Rooms Basement Rec Room, Split Bedroom, Addl Living Quarter, Bedroom Main Level, Other, Family Room
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Hardwood, Tile
Window Features Windows - Aluminum
Appliance None
Heat Source Central, Electric
Exterior
Exterior Feature Windows - Vinyl, Barn, Balcony
Parking Features On Premise Parking, Carport, Detached
Garage Description Detached, Carport, On Premise Parking
Roof Type Metal
Garage No
Building
Faces From the Athens Office - 521 Congress Parkway S (US-11) Head southwest on Congress Parkway S/US-11 for about 1 mile. Turn right onto TN-30 W (Decatur Pike) toward Etowah. Continue on TN-30 W for approximately 14 miles. As you approach Etowah, turn left onto TN-310 (Mecca Pike). Follow Mecca Pike for about 2 miles. Turn left onto County Road 475. Continue on County Road 475 for roughly half a mile, the property will be on the left. Estimated travel time: 30-35 minutes
Additional Building Shed
Structure Type Vinyl Siding,Brick,Frame
Schools
Elementary Schools Mountain View
Middle Schools Mountain View
High Schools Central
Others
Tax ID 118 034.02 118 034.00
Energy Description Electric
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional