8668 Lakeshore Drive
8668 Lakeshore Drive, Rutledge, TN 37861
$699,000
MLS# 313159
Listing courtesy of Wallace Real Estate Lakeside · Randy Hobbs
1 / 60About this property
Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.
MLS #313159 · Great Smoky Mountains Association of REALTORS®
Property facts
- Status
- Active
- Property type
- Multi Family
- Bedrooms
- —
- Bathrooms
- 0
- Living area
- 1,248 sq ft
- Lot size
- 33.04 acres
- Year built
- 2,025
- County
- Grainger
- Price / sq ft
- $560/sq ft
- Days on market
- 10
- MLS number
- 313159
- Listing office
- Wallace Real Estate Lakeside
Location
8668 Lakeshore Drive, Rutledge, TN, 37861
Listing data courtesy of Great Smoky Mountains Association of REALTORS®
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