386 Fox Road

About this property

Rare Large-Acreage Farm with Mountain Views, Farmhouse & Multiple Income Streams Rarely does a property of this size and versatility become available. This exceptional 140±-acre hay and tree farm in eastern Greene County offers breathtaking mountain views, abundant water, a beautifully positioned Southern farmhouse, productive farmland, mature woodland, and multiple potential income streams. Approximately 68 acres are level and cleared, providing excellent hay and pasture ground as well as ideal space for continued tree production. The remaining approximately 72 acres are wooded, offering privacy, recreational opportunities, and abundant wildlife for hunters and nature enthusiasts. Three ponds and a year-round creek provide multiple water sources for livestock, wildlife, and the overall enjoyment of the property. The Southern farmhouse is positioned to take full advantage of the spectacular mountain scenery and features a half wrap-around porch that provides an ideal place to relax and enjoy the views. The home offers approximately 3,403 square feet of finished living space with 3-4 bedrooms, including an en-suite bedroom on the main level and another en-suite bedroom upstairs. The 690-square-foot basement includes a fireplace and walkout French doors and offers excellent potential for additional finished living space. Farm improvements include a large implement shed conveniently located near the home and a barn near the property's road frontage and entrance. Adding significant value to this property is an existing cell tower lease with New Singular Wireless, PLS, which will convey with the property. The current lease generates approximately $12,588 annually, includes a 15% escalation every five years, and is currently in place through 2046. The cell company can cancel the contract every 5 years. Another unique income-producing opportunity is the existing landscaping tree operation. The property includes plantings of Carolina Sapphire Cypress and DD Blanchard Magnolias, which can be sold to landscapers and provide an additional potential source of revenue. Whether you're searching for a large working farm, a private East Tennessee homestead, a recreational property, or an investment opportunity with established income streams, this property offers a rare combination of acreage, views, water, improvements, agricultural potential, and investment income that is exceptionally difficult to find. All information taken from a third-party source (courthouse/tax records) and to be verified by the buyer/buyer's agent. Drawn in lines are approximate. Some elements (fires in fireplaces, twilight shading, lighting, etc.) have been added/modified digitally. Rooms noted have been virtually staged for decorating ideas only, not to scale or representative of any product.

Subdivision: Not In Subdivision

MLS #10000950 · Tennessee/Virginia Regional MLS

Property facts

Status

Active

Property type

Single Family Residence

Bedrooms

3

Bathrooms

3

Living area

3,403 sq ft

Lot size

140.77 acres

Year built

1,925

County

Greene

Price / sq ft

$535/sq ft

Days on market

1

MLS number

10000950

Listing office

CENTURY 21 Legacy - Greeneville

Features

• Kitchen Island
• Laminate Counters
• Pantry
• Mountain(s)
• Basement
• Living Room
• Gravel