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341 Sycamore Shoals Drive, Elizabethton, TN 37643

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For Sale

$1,670,000

3,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $556.67
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

This Prime Investment Property has re-entered the market. Your opportunity awaits! A unique offering along the water's edge of the beautiful Watauga River. Located in the Trophy Trout Section of the river with views protected by Sycamore Shoals State Park, this area has become famous for fly fishing and a fisherman's dream spot. Overmountain Victory National Historic Trail also runs on this side of the river. The property includes 3 Riverfront Cabins, a River Event Shed, Campground with 17 RV sites and an Office. Situated on 8 acres of land with over 1200' of riverfront, there is limitless potential and plenty of room for expansion. Each of the riverfront cabins, uniquely themed, have private waterside decks and fishing piers along the sparkling waters of the Watauga River. Cabin 1 - American Cabin, 570 sq ft, 1BR & loft/1BA; Cabin 2 - Outdoor Cabin, 570 sq ft, 1BR & loft/1 BA; Cabin 3 - Western Cabin, 616 sq ft, 2BR/2BA all on one level. The cabins and 17 RV sites are consistently rented and provide an excellent income opportunity. The River Shed is a great location for hosting events and all type of gatherings to provide additional income. Located in the historic, quaint town of Elizabethton with close proximity to Johnson City, Bristol, Asheville and Boone, NC with an abundance of area attractions. East Tennessee is known for its exceptional beauty and outdoor activities including hiking, biking, boating, fishing,whitewater rafting, canoeing, kayaking, golf, skiing and much more. In addition, Tennessee is a popular destination with no state income tax and low property taxes. Don't miss your opportunity to capitalize on an excellent investment opportunity!
MLS# 9977965

Courtesy Of ALLIANCE SOTHEBY'S INTERNATIONAL REALTY

(865) 357-3232

Property Features

  • Age
    21-30 Years Old
  • Lot Size
    7.68 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 341 Sycamore Shoals Drive, Elizabethton, TN 37643

Home seller CENTURY 21 Legacy

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CENTURY 21 Legacy

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  • Principle and Interest
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.