$445,000
$500,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,462 SqFt
SOLD DATE : 03/22/2024
Key Details
Sold Price $445,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 2,462 sqft
Price per Sqft $180
Subdivision C E Holt
MLS Listing ID 1252487
Sold Date 03/22/24
Style Cabin,Log
Bedrooms 4
Full Baths 4
Originating Board East Tennessee REALTORS® MLS
Year Built 2007
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 210.48 X 171 X 160.79 X 119.78
Property Description
Amazing Opportunity and Motivated Sellers!!! Your new adventure awaits with this amazing property that's perfect for your next short term rental opportunity! This property generated $40k last year from only renting the 2 smaller cabins after a 10% property management fee! Projected rental income for all cabins rented is $75k after 10% property management fee!!! Nestled amid the tranquil beauty of Bean Station, TN, this remarkable property offers an extraordinary opportunity to embrace the serene lakeside lifestyle with views of the stunning Cherokee Lake. Set against the backdrop of majestic mountains and lush greenery, this idyllic retreat comprises three fully furnished charming cabins, an RV spot, and a welcoming firepit area, all within easy reach of public access to the pristine waters of Cherokee Lake. As you approach the property, you're immediately captivated by the serene ambiance and breathtaking vistas that stretch across the sparkling waters of Cherokee Lake. Situated on a sprawling parcel of unrestricted land, the property enjoys a prime location with convenient access to public boat ramps and recreational areas, allowing you to fully immerse yourself in the beauty of lakeside living. The focal point of this exceptional property is the trio of inviting cabins, each exuding its own unique charm and character. Constructed from natural wood and rustic materials, these cozy cabins offer a warm and welcoming retreat for both residents and guests alike. The main cabin, positioned to maximize views of the lake, serves as the heart of the property's living quarters. Stepping inside, you're greeted by a spacious and inviting living area, complete with comfortable furnishings, a cozy fireplace, and multiple outdoor gathering areas that frame sweeping vistas of Cherokee Lake and the surrounding landscape. Whether you're relaxing with loved ones or hosting gatherings, this inviting space provides the perfect backdrop for memorable moments shared with family and friends. This cabin could also be easily converted into 2 private cabins for more cash revenue! The master bedroom, thoughtfully designed for comfort and relaxation, offers a tranquil sanctuary at the end of the day. Featuring a covered deck overlooking the lake, cozy furnishings, and a private ensuite bathroom, this inviting space provides the perfect retreat for rest and rejuvenation. The two additional cabins, nestled on the property offer their own personal amenities, provide comfortable accommodations for guests, and can be utilized as rental units, offering potential for additional income. Each cabin offers a cozy haven where guests can unwind and enjoy the peaceful ambiance of lakeside living. Outside, the property boasts a wealth of outdoor amenities designed to enhance your enjoyment of the natural surroundings. A spacious firepit area, nestled amidst the trees and offering picturesque views of the lake, provides the perfect spot for gathering with loved ones to roast marshmallows, share stories, and gaze at the starry night sky. On site, an RV spot with hookups for water and electricity offers convenient accommodations for guests traveling with their own recreational vehicles, providing a comfortable and inviting space to park and unwind. With its breathtaking lake views, charming cabins, RV spot, and inviting firepit area, this exceptional property offers a rare opportunity to own a slice of lakeside paradise in the heart of Bean Station. Whether you're seeking a peaceful retreat, a potentially lucrative investment opportunity, or a place to create cherished memories with loved ones, this idyllic property offers endless possibilities for lakeside living at its finest.
Location
State TN
County Grainger County - 45
Area 0.6
Rooms
Other Rooms Addl Living Quarter, Extra Storage, Office, Mstr Bedroom Main Level
Basement None
Interior
Interior Features Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
Heating Other, Electric
Cooling Wall Cooling, Ceiling Fan(s), Window Unit(s)
Flooring Hardwood, Other
Fireplaces Number 1
Fireplaces Type Other, Electric, Free Standing
Fireplace Yes
Appliance Handicapped Equipped, Smoke Detector, Refrigerator, Microwave
Heat Source Other, Electric
Exterior
Exterior Feature Windows - Insulated, Fence - Wood, Patio, Porch - Covered, Deck, Balcony
Garage RV Parking, Main Level, Off-Street Parking
Garage Description RV Parking, Main Level, Off-Street Parking
View Mountain View, Lake
Porch true
Parking Type RV Parking, Main Level, Off-Street Parking
Garage No
Building
Lot Description Lake Access, Level, Rolling Slope
Faces Take Hwy 11E toward Jefferson City. Turn left at the traffic light in New Market onto Churchview Street. Bear right at underpass onto Mill Springs Rd. Travel about 3 1/2 miles and turn left onto Hwy 92. Travel approximately 2.9 miles and turn right onto Lakeshore Dr. Travel approximately 14 miles and turn left onto Tater Hill Rd. Turn right onto Noe Rd go 0.2 miles property will be on the left. No sign on the property.
Sewer Septic Tank
Water Public
Architectural Style Cabin, Log
Additional Building Storage, Gazebo
Structure Type Wood Siding,Log,Block
Others
Restrictions No
Tax ID 042K B 011.00
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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