$135,000 - 70 Spann Loop, Waverly

Tucked away on 2.02 private acres in the Tennessee Hills, this property backs up to a bluff with 29.08 acres of untouched land behind it, giving you the privacy and space that is nearly impossible to find. Whether you are an investor ready to flip or a family looking to put your own stamp on a home, this one checks all the boxes. The well has been inspected and new well tank has been installed by licensed well inspectors, and the septic system has been fully inspected, pumped, and leech fields have been added to bring the home to a 3 bedroom capacity. Permits are in disclosures. A detached 2 car garage rounds out the property Engineering Report completed; the house can go FHA when remodel is done. 2 car garage. 9 minutes to downtown Waverly, 10 minutes from I-40, 8 minutes from Ascension Thomas Three Rivers with 24 hr urgent care, 5 minutes from Loretta Lynn's Ranch, which offers cabins, horseback riding, and dirt biking, 21 minutes from Johnsonville State Historic Park; a 2,655 acre park along the Tennessee River with fishing and hiking trails, and 22 minutes from Pebble Isle Marina featuring boat slips and the Grey Heron Grill. This one doesn’t have to be a cash deal. A Conventional HomeStyle or FHA 203(k) renovation loan lets you finance the purchase and the remodel together — one loan, one closing, one payment. The appraisal is based on what the home will be worth when the work is done, not what it looks like today. Bring your vision and build equity from day one. Contact Sean Slavin @ 805-769-0181 for loan info.