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Daniel Parker - Listings

BJ Can Help You Purchase This Unit

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 the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

359 County Road 475, Etowah, 37331

Priced At: $1,200,000

Property Details for ID: 1346193



SqFt: 10,848
Price SqFt: $111
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-06-27T00:29:08Z

Public Remarks: Exceptional Investment & Hospitality Opportunity on 21.75± Acres | Multiple Income Streams | Event Venue Potential Discover an extraordinary investment opportunity in the heart of East Tennessee, where natural beauty meets exceptional income-producing potential. Spanning approximately 21.75 acres across two parcels (Parcel #118 034.02 - 14.96 acres and Parcel #118 034.00 - 6.79 acres), this unique property offers a rare combination of established rental income, event capabilities, expansion opportunities, and breathtaking mountain surroundings. Whether your vision includes a thriving short-term rental business, boutique hospitality destination, wedding venue, retreat center, agritourism venture, nonprofit campus, multi-family investment, or a combination of income-producing uses, this property provides the versatility to bring those ideas to life. The property currently features multiple structures designed to support a variety of residential and commercial-style uses, including: • Single-family residence (359 County Rd 475) built in 1917 • Triplex (361 County Rd 475) built in 1992 • Quadplex (353 County Rd 475) built in 1995 featuring four residential rental units, a community laundry room, and a spacious lower-level event hall suitable for gatherings, meetings, receptions, or private events • Outdoor pavilion for entertaining and group activities • Amphitheater providing additional space for weddings, performances, community events, or outdoor gatherings.(with a little tlc) The property's peaceful setting creates a retreat-like atmosphere while offering significant flexibility for both personal and business use. Mature trees, open spaces, mountain views, and a creek along the rear of the property provide a picturesque backdrop for guests, residents, and visitors alike. Investment possibilities include: • Short-term vacation rentals or Airbnb accommodations • Boutique lodge or hospitality business • Destination wedding venue • Corporate retreat center • Church or nonprofit retreat campus • Wellness or educational retreat • Agritourism operation • Vineyard or winery development • Multi-generational living • Long-term rental investment • Group lodging or organizational housing The existing improvements create multiple potential revenue streams while still leaving room for future development and expansion, subject to applicable approvals. The combination of rental units, event facilities, outdoor gathering spaces, and acreage makes this a truly one-of-a-kind offering. Outdoor enthusiasts will appreciate the property's convenient access to many of East Tennessee's premier recreational destinations. Enjoy hiking on Starr Mountain, world-class trout fishing on the Tellico River, rafting and fishing on the Hiwassee River, and internationally recognized whitewater adventures on the Ocoee River. The area also offers scenic mountain drives, camping, kayaking, horseback riding, and year-round outdoor recreation that attracts visitors from across the country. Property Features: • Approximately 21.75± total acres • Two parcels included • Existing single-family residence • Income-producing triplex • Income-producing quadplex • Lower-level event hall • Community laundry room • Pavilion • Outdoor amphitheater • Creek along rear property • Mountain surroundings • Multiple existing income streams • Expansion potential • Excellent opportunity for hospitality, events, lodging, or investment Properties offering this combination of acreage, multiple residential buildings, event facilities, natural beauty, and income potential are rarely available. Whether you're an investor looking to expand your portfolio, an entrepreneur seeking a destination business opportunity, or an organization searching for a unique campus setting, this remarkable East Tennessee property offers exceptional possibilities with room to grow.

Schools Information

Elementary School: Mountain View
Middle / Junior School: Mountain View
High School: Central

Building Description

Year Built: 1995
SqFt (Total): 10,848
Sub-Type: Four Plex, Triplex, Other
Sale Includes: Building and Land, No Furnishings
Unit Type(s): 2 Bedroom Unit, 3 or more Bdrm Units, Unfurnished

  Exterior Features

Features: Porch - Covered, Porch - Screened, Shed, Windows - Vinyl
Construction: Frame
Siding: Vinyl

  Appliances

None

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Tile
Other Rooms: Addl Living Quarter, Bedroom Main Level, DenStudy, Family Room, Mstr Bdrm Main Level, Rec Room
Misc Features: Internet Available, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On Premise Parking

  Community Features

Outbuildings


Presented By: / East Tennessee Properties, LLC

Up Coming Open Houses

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

Directions

From the Athens Office - 521 Congress Parkway S (US-11) Head southwest on Congress Parkway S/US-11 for about 1 mile. Turn right onto TN-30 W (Decatur Pike) toward Etowah. Continue on TN-30 W for approximately 14 miles. As you approach Etowah, turn left onto TN-310 (Mecca Pike). Follow Mecca Pike for about 2 miles. Turn left onto County Road 475. Continue on County Road 475 for roughly half a mile, the property will be on the left. Estimated travel time: 30-35 minutes



Your commute

( Departing today at 8:00am )


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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!

Relocation Assistance

I can give you referrals to trusted loan officers, insurance agents, home inspectors, heat & air specialists, title companies and all service providers dealing with all things home.

Knowledge Beyond Sales

From across town to across the country I have the expertise and knowledge to help with any real estate issue.

Trained Advocate

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

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.