359 Co Rd 475, Etowah, TN 37331
Local realty services provided by:CENTURY 21 Premier
359 Co Rd 475,Etowah, TN 37331
$1,200,000
- - Beds
- - Baths
- 10,848 sq. ft.
- Multi-family
- Active
Listed by: barbara ratledge
Office: east tennessee properties llc.
MLS#:3251237
Source:NASHVILLE
Price summary
- Price:$1,200,000
- Price per sq. ft.:$110.62
About this home
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.
Investment possibilities include:
• Short-term vacation rentals or Airbnb accommodations
• Boutique lodge or hospitality business...
Contact an agent
Home facts
- Year built:1995
- Listing ID #:3251237
- Added:33 day(s) ago
- Updated:July 31, 2026 at 10:55 PM
Rooms and interior
- Flooring:Carpet, Laminate, Tile
- Living area:10,848 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1995
- Building area:10,848 sq. ft.
- Construction Materials:Vinyl Siding
- Levels:3 Story
Schools
- High school:Central High School
- Middle school:Mountain View Elementary
- Elementary school:Mountain View Elementary
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$110.62
- Tax amount:$1,705
Parking
- Parking description:Concrete, Driveway
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