BJ Can Help You Purchase This Home

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

673 Reagan Valley Rd, Tellico Plains, 37385

Priced At: $349,500

Property Details for ID: 1322533



SqFt: 876
Price SqFt: $399
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-11-21T08:15:55Z

Public Remarks: Investors, this one checks all the boxes. TWO INCOME PRODUCING HOMES on eight private unrestricted acres with valuable extras including a large 2 story barn, workshop building, storage building with chicken coop, and a one-room hunting cabin overlooking the creek. Both homes are currently leased, providing instant income and stability. Both homes are occupied by long-term tenants with the main home offering three bedrooms and two full bathrooms, and the second home offering two bedrooms and one full bathroom. Keep the leases in place for hands-off cash flow, and explore future options like short-term rental, extended family housing, or owner-occupancy with a built-in income stream. Outdoor improvements add even more value. The barn and workshop are ideal for equipment, vehicles, or additional income through storage or hobby use. The rustic one-room cabin near the creek could become an extra income stream with a little vision. Private acreage, multiple revenue sources, and strong upside potential... all in one solid investment. Current lease/cash flow information available by request. Property transfers with leases in place through August/September 2026. Properties include 673 and 679 Reagan Valley Rd.

Schools Information

Elementary School: Tellico Plains
Middle / Junior School: Tellico Plains
High School: Tellico Plains

Building Description

Building Style: Cabin, Traditional
Type: Ranch
Site Built: Yes
Year Built: 2020
Total Rooms: 4
SqFt (Total): 876
SqFt (Main Lvl): 876
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: Yes
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Deck, Porch - Covered
Construction: Frame, Other
Siding: Vinyl, Wood

  Appliances

Dryer, Refrigerator, Self Cleaning Oven, Smoke Detector, Tankless Wtr Htr, Washer

  Room Dimensions

  Interior Features

Floors: Vinyl
Other Rooms: Addl Living Quarter, Bedroom Main Level, Extra Storage, Mstr Bdrm Main Level, Workshop
Misc Features: WasherDryer Connect

  Property Details

Acreages: 8
Lot Description: Creek, Irregular Lot, Level, Private, Rolling Slope, Wooded
View: Country Setting, Wooded

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Carport Spaces, Main Level, Off-Street Parking, RV Parking

  Community Features

Outbuildings

Barn, Detached Workshop, Storage Shed
Presented By: / Honors Real Estate Services LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Hardees in Tellico Plains head north on highway 68 5 miles turn right on Reagan Valley 1.2 miles turn left at mailboxes 673/679



Your commute

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Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Trained Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.



Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.