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250 Tn-107, Del Rio, TN 37727

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For Sale

$998,500

1 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 21-30 Years Old
    Age

Explore this Property

Step into this exceptional property, where you can both reside and generate income. Bordered by the Cherokee National Forest on three sides. The property boasts a large main house with 2 bedrooms , 2.5 baths, kitchen, dining, living area, den, loft and a walk-through closet. Roof installed in 2021. HVAC installed in 2021. Next door is a workshop with 2 enclosed carports and a 1 bdrm/1bath apartment. The upstairs apartment comprises a thoughtfully designed one-bedroom, one-bathroom living space, featuring a well-appointed full kitchen and dining area, perfect for comfortable everyday living. Furthermore, the apartment includes a spacious walk-in closet, providing ample storage. The upper portion of the land features three charming cabin studios, each equipped with half baths and a split level. With covered porches, decks, and balconies, these studios come fully furnished and include outdoor barbecue pits. Inside, you'll find a mini fridge with a freezer, a sink, and a microwave, while outside, the serene views of the woods offer a secluded escape from the hustle and bustle of everyday life. In addition, there's another building currently serves as housekeeping space, which holds potential for various other creative uses. A fixer-upper building on the property presents an exciting opportunity for reconstruction, tailored to your vision. The property also boasts a covered pavilion featuring picnic tables, a fire pit, restrooms, and a shower. Four rental units include furnishings and are turn key ready. Footpaths through forest to Brush Creek Trail. Furthermore, up to two campsites with water and electric hook-ups are next to a scenic hiking trail. Utilities are underground including electric and high speed Internet. This versatile property holds promise as a multi-family residence, an Airbnb investment, or a serene escape retreat. The options for this unique space are boundless, inviting you to craft a lifestyle that matches your aspirations. The property includes a picturesque pond encircled by a walking trail, allowing for tranquil strolls while observing the resident fish and frogs, creating a peaceful and natural ambiance. Additionally, a quaint chicken coop is currently repurposed as a storage shed, offering potential for various uses. Convenient to Newport, TN or Hot Springs, NC by 20 minutes. Gatlinburg and Asheville are an hour away.
MLS# 705693

Courtesy Of DAYBREAK PROPERTY HOLDINGS

(865) 964-1516

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Dryer, Oven - Gas, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Window Unit(s) A/C
  • Exterior Type
    Wood Siding
  • Heating System
    Central Furnace, Heat Pump, Space Heater, Stove
  • Lot Size
    7.7 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 250 Tn-107, Del Rio, TN 37727

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Copyright © 2024 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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