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355359 County Road 475, Etowah, TN 37331

$1,390,000
  • 355359 County Road 475, Etowah, TN 37331 Main Photo

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Active Price Reduced by $60,000 on October 29th, 2026
BEDS0 BATHS SQUARE FEET12,796 MLS#3516028
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.Enjoy convenient access to some of East Tennessee's most popular attractions! Explore the wonders of The Lost Sea Adventure in Sweetwater, TN, just 17.3 miles away; spend a fun-filled day in Pigeon Forge, TN, approximately 78.1 miles away; or take in the breathtaking scenery and attractions of Lookout Mountain in Chattanooga, TN, just 67 miles from the property. Outdoor enthusiasts will also love Indian Boundary Lake near Tellico Plains, TN, just 29.7 miles away!

355359 County Road 475 | MLS# 3516028

This multi-family property located at 355359 County Road 475, Etowah, TN 37331 is currently listed for sale with an asking price of $1,390,000. Search Etowah real estate on www.lisabrownsold.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Roof Type: Metal
Stories: 1.0
Taxes: $4,468
Year Built: 1995

Feature Descriptions

Association Amenities: Sidewalks
Days on Site: 71
Exterior: Vinyl Siding, Other, Brick
Flooring: Wood, Laminate, Other
Parking: Detached, Concrete, Driveway, Parking Lot
Parking Notes: Detached, Concrete, Driveway, Parking Lot
Sewer: Septic Tank
Units: 9
Utilities: Water Available
Water: Public

Local Schools

High School: McMinn County High School
Middle School: Mountain View Elementary
Elementary School: Mountain View Elementary

Listed By / Shown By

Listed By

Agency Name: East Tennessee Properties LLC
Agency Phone: 4234535722

Shown By

Agent Name: Lisa Brown
Agent Phone: Cell: (423) 312-9919
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 3,871.29 per month $3,093.54 Principal & Interest $372.33 Property Tax $405.42 Homeowner's Insurance

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