$249,900
$249,900
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3 Beds
1 Bath
750 SqFt
SOLD DATE : 12/21/2023
Key Details
Sold Price $249,900
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $333
MLS Listing ID 1239399
Style Cabin
Bedrooms 3
Full Baths 1
HOA Fees $20/ann
Year Built 1984
Lot Size 0.340 Acres
Property Description
RARE OPPORTUNITY- UNIQUE PROPERTY- INCOME PRODUCING cabin that won't last long- As almost never do you see 1/3 acre private lots with cabins available in the Green Cove community.
Nestled in the heart of the Cherokee National Forest right across the street from the Tellico River sits your once in a lifetime opportunity to own a piece of paradise. With this cabin you can experience world class trout fishing, hiking, hunting, river and mountain views, and sight seeing all at your disposal. The new, large deck with picnic table will provide a wonderful gathering area for dinner with a view of the river-or simply enjoy falling to sleep to the sounds of the water.
This cabin was fully renovated in 2022 with new laminate hardwood floors, cedar& pine tongue and groove in the walls and drop ceiling, new heat and air mini split, new appliances that convey, new tile in bathroom. Property has a large fire pit and nice outdoor grilling area w/ smoker, gas grill and BBQ pit that all convey. Also has an outdoor shed w/ a second refrigerator along with space for dry firewood, tools, etc. Cabin features highspeed Wifi and dish satellite TV along with the option for a landline phone if desired. All TV's convey as well.
Sitting only two blocks (walking distance) from Country Store & Motel, this cabin has all the feels of the great outdoors all while connected to civilization. Currently plenty of parking available, however- the lot holds great potential to add on/add more improvements.
The cabin has been steadily booked on AirBnB and VRBO- yielding 6k year to date with 5 star reviews to back. Seller is willing to transfer the bookings. Netting $350 a weekend during season. On pace to do 16k for 2023.
**Seller will possibly hold seller held 2nd mortgage note/ with sufficient down payment and will give reasonable terms. **
**Seller held note at $50k (15 year term), max first mortgage loan $100k- w/ minimum down payment of $100k.
Just a short drive down the mountain into proper Tellico Plains, you can find wonderful restaurants including Iron Works Grille, Tellico Grains Bakery and more! Grocery stores, museums, and more all lie within city limits.
Cabin is to be sold AS-IS- No Repairs.
Location
State TN
County Monroe County - 33
Area 0.34
Rooms
Family Room Yes
Other Rooms Sunroom, Extra Storage, Family Room
Dining Room Other
Interior
Heating Other, Electric
Cooling Wall Cooling
Flooring Laminate, Tile, Other
Fireplaces Type None
Exterior
Exterior Feature Patio, Deck
Parking Features Other, Side/Rear Entry, Main Level
Garage Description SideRear Entry, Main Level
Amenities Available Other
View Mountain View, Wooded, Seasonal Mountain, Other
Building
Lot Description River, Private
Sewer Septic Tank
Water Shared Well
Structure Type Vinyl Siding,Other,Frame
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