$1,200,000 - 359 Co Rd 475, Etowah

Barbara Ratledge Tue, Jun 30, 5:23 PM (1 day ago) to me Exceptional Investment & Hospitality Opportunity on 21.75± Acres | Multiple Income Streams | Event Venue Potential Discover an extraordinary investment opportunity in the heart of East Tennessee, where natural beauty meets exceptional income-producing potential. Spanning approximately 21.75 acres across two parcels (Parcel #118 034.02 - 14.96 acres and Parcel #118 034.00 - 6.79 acres), this unique property offers a rare combination of established rental income, event capabilities, expansion opportunities, and breathtaking mountain surroundings. Whether your vision includes a thriving short-term rental business, boutique hospitality destination, wedding venue, retreat center, agritourism venture, nonprofit campus, multi-family investment, or a combination of income-producing uses, this property provides the versatility to bring those ideas to life. The property currently features multiple structures designed to support a variety of residential and commercial-style uses, including: • Single-family residence (359 County Rd 475) built in 1917 • Triplex (361 County Rd 475) built in 1992 • Quadplex (353 County Rd 475) built in 1995 featuring four residential rental units, a community laundry room, and a spacious lower-level event hall suitable for gatherings, meetings, receptions, or private events • Outdoor pavilion for entertaining and group activities • Amphitheater providing additional space for weddings, performances, community events, or outdoor gatherings. (with a little tlc) The property's peaceful setting creates a retreat-like atmosphere while offering significant flexibility for both personal and business use. Mature trees, open spaces, mountain views, and a creek along the rear of the property provide a picturesque backdrop for guests, residents, and visitors alike.