Address
1541 Lower English Creek Rd Rd, Newport, TN
Price
$ 1,225,000
Property Attributes
  • MLS#1239538
  • TypeSingle Family
  • CountyCOCKE
  • CityNewport
  • AreaCocke County
  • NeighborhoodGray Hills
  • Zip37821
  • StyleDouble Wide,A-Frame,Chalet
  • Price$ 1,225,000
  • Bedrooms5
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage2092
  • Lot Size4 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

With proven rental history of $124k in 2023 and with it on pace to produce $160k in 2024, this conveniently located property near local attractions, hiking trails, white water rafting, and more is the perfect investment property for you. The English Creek Hideaway is not just a multi-structure property; it's an investment in your future. This unique property offers a blend of rustic charm and modern comfort, presenting an unparalleled opportunity for short-term rental income. Situated along the serene banks of a year around 1168 ft creek, this property is more than a home; it's an experience waiting to be shared. Immerse yourself in the glamping phenomenon with a collection of 6 thoughtfully designed units that redefine the art of camping. Each glamping unit is a cozy retreat, meticulously crafted to provide comfort without compromising on the authentic outdoor experience. From luxurious A-frame structures to charming chalets, guests can reconnect with nature while enjoying modern amenities. These glamping units are a magnet for adventure seekers or those looking for romantic getaways, offering a unique alternative to traditional lodging options. Each chalet offers private showers, saunas, tubs, and courtyards. The main house, a beautifully updated 3 bedroom and 2 bath space with 1,232 sq ft, can be used as another rental unit or a mainstay home for an owner who would like to live onsite while managing the property. There is a community barn that offers guests a cozy place to play games, grill out, commune, or even host a wedding. This property is truly One Of A Kind, and with all the engineering and with the multiple septic systems already in place, it is turn key and positioned for continued success. It is a MUST SEE. Bring your visions and dreams to life on this already well established income producing property. Call your agent and schedule a showing today. English Creek Hideaway is on pace to produce over $160,000.00 in income for 2024. OWNER FINANCING AVAILABLE!!

Price History
9/13/2023 Listed $925,000
10/20/2023 2% - $914,900

General Features

Interior Features Walk-In Closet(s)
Sewer Septic Tank
Heating Central,Propane
Cooling Central Cooling
Appliances Dishwasher,Dryer,Refrigerator,Microwave,Washer
Exterior Features Fence - Wood,Fenced - Yard,Porch - Covered,Deck
Architectural Style Other,Double Wide,A-Frame,Chalet
Construction Materials Frame
Year Built 1994
Property SubType Residential
County Cocke County - 39
Property Type Single Family
Attached Garage No
Subdivision Name Gray Hills
Garage Y/N No
Other Structures Barn(s),Guest House
Total Rooms 14
Status Active
Directions From I-40 Exit 435 take Hwy 321 South towards Gatlinburg. Turn Left onto Cosby Cut-off Rd (Acrosss from Bojanagles. Turn Left on Morrell Springs Rd. Turn Right onto Green Acres Dr and then stay left
City Newport
Buyer Agent Compensation 2.0000
View Y/N No
MLS Area Cocke County - 39
Lot Size Units Acres
Lot Size Square Feet 174240.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Cocke County - 39
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Senior Community None

Interior Features

Basement Crawl Space
Flooring Laminate,Carpet,Vinyl
Total Fireplaces 1
Fireplace Features Other,Stone
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 7
Total Bedrooms 5
Electric On Property Y/N No
Total Baths 7

Exterior Features

Parking Features Side/Rear Entry,Main Level
Lot Features Creek,Waterfront Access,Private,Corner Lot
Water Source Well
Lot Size Area 4.0
Spa No
Building Area Total 2092.0
Lot Size Acres 4.0
Lot Size Source Tax Records
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37821

Price
AVG $480K
$1.23M
Visits
AVG 70
397
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1994