$495,600 Price Analysis    ♡   Ten Mile, TN 37880 Unknown bed 1 bath 1,456 SqFt ($340/SqFt) Built 2001 Listed 2024-08-11 | ✓ USDA Eligible near Half Moon Shores, TN |
Join the Other Savvy Investors.
From your stock portfolio to an income-generating Hard Asset. Acquire this Fabulous Vacation Rental Cabin on Watts Bar Lake for Portfolo Rebalancing! Here is your RARE opportunity to own a charming cabin on Watts Bar Lake in Ten Mile with a deeded boat slip. They do not come up often, so move quickly. Currently used as a successful year-round vacation rental, complete with forward bookings. What a exceptional way to own lake house getaway! Walk in through the covered front porch to an open-concept living space that includes an eat-in kitchen. Large windows bring plenty of natural light. This cabin has low-maintenance luxury vinyl plank flooring throughout. On the main level there is a laundry room, main bedroom with king-sized bed and a large bathroom with a walk-in shower. Upstairs is a large open-loft bedroom with two twin beds and one queen bed.
There is plumbing run upstairs if you decide you want to add a half-bath later. Outdoors you will find a deck that wraps around the East and South sides of the home, facing the lake on the South side. Sit on the deck and enjoy lake views. The half-acre property offers a park-like setting that borders TVA land going out to the water, free to use for recreation, so it is like owning another acre of land. The middle dock space is deeded with this property. The dock is usable from Spring to Fall, when the water is high. The front yard has a privacy fence that runs along the north side of the property. There is an RV hook-up in the expansive front yard. Out in the back is an outdoor shower, a firepit, a single-car detached workshop/garage with a lean-to on the back of the building that serves as an outdoor grilling and gathering space. Turn-Key investment - future booking schedule and past booking income reports from Airbnb and VRBO available for serious inquiries. Don't miss your chance to own this rare unrestricted lakefront income-producing rental on Watts Bar Lake. Shown by appointment only.
Presented by Melody McNeill at
CENTURY 21 Legacy.
Property MLS #20243546 from RiverCounties
Full Bathrooms: 1
Primary Downstairs
Open Floorplan
Kitchen Island
High Speed Internet
High Ceilings
Eat-in Kitchen
Flooring: Luxury Vinyl
Window Features: Shades, Window Coverings, Blinds, Insulated Windows
Dryer
Electric Cooktop
Electric Water Heater
Microwave
Refrigerator
Heating Features: Baseboard, Central, Electric, Multi Units
Heating: Yes
Fire Pit
Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch
Road Frontage Type: Paved
Lake Front
Lake
Security Features: Smoke Detector(s)
High School: Meigs County
Middle School: Meigs County
Map directions Map directions Map directionsSource Listing Status: Active
County: Meigs
Directions: Take Hwy 58 North and turn left onto Euchee Rd. Turn right on TN-304 N and the destination will be on your left after about 1.8 miles. Across the street from Pilkey's General Store. Rental is booked, do not go in driveway without a scheduled appointment.
Source Property Type: Residential Income
Owner Pays: All Utilities
Parcel Number: 006 007.00
Property Subtype: Mixed Use
Source System Name: C2C
$495,600
RiverCounties
Listed 2024-08-11
$495,600
Chattanooga
Listed 2024-08-09
$495,600
EastTennessee
Sold 2022-06-21
$345,000
RiverCounties
Listed 2022-04-10
$349,000
EastTennessee
Year Built: 2001
Building Exterior Type: HardiPlank Type
Construction Materials: HardiPlank Type
Foundation Details: Pillar/Post/Pier
Levels: One and One Half
Property Age: 23
Property Condition: Updated/Remodeled
Roof: Metal
Architectural Style: A-Frame
Underground Utilities
Water Connected
Cable Connected
Electricity Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.