Improved Mixed-Use Land for Sale in La Follette, Tennessee

Nestled on 3.93+ rolling, picturesque acres just five minutes from beautiful Norris Lake, this immaculate basement ranch offers the perfect blend of mountain serenity, multi-generational living, and exceptional income potential. With panoramic Appalachian views, flexible living spaces, and multiple revenue streams already in place, this is a rare East Tennessee opportunity. Bring your boat, your RV, your toys--and your vision. Whether you're seeking a private homestead, weekend retreat, live-work property, or investment opportunity, this property delivers. Inside, the home welcomes you with warm, open-concept living centered around a stunning floor-to-ceiling brick wood-burning fireplace. The fully renovated kitchen is designed for both entertaining and everyday comfort, featuring granite countertops, a spacious triple pantry, stainless steel appliances (all less than one year old), and beautiful Pergo engineered hardwood flooring throughout the main living areas. The spacious primary suite offers a newly renovated bath, while the sunroom/bonus room provides the perfect space to relax and take in the mountain views. A dedicated laundry/mudroom adds everyday convenience. Downstairs, a private additional dwelling unit (ADU) with its own separate entrance is currently producing income, offering endless possibilities for short-term rental, long-term rental, guest quarters, or multigenerational living. Major updates provide peace of mind, including a 50-year roof (2021), HVAC (2020), windows (2019), tankless water heater, and newer washer and dryer. For the hobbyist, entrepreneur, or investor, the outbuildings are truly exceptional. Two massive 60x100 shops/garages offer endless flexibility. The front shop is heated and cooled, features a commercial auto lift, and includes both 30- and 50-amp service. The rear shop features 16-foot doors--ideal for boats, RVs, equipment, and oversized storage. Even better, the property has a proven track record of generating seasonal income through RV, golf cart, and boat storage for Norris Lake visitors, historically averaging approximately $14,000 seasonally. Additional improvements include a barn and covered carport, expanding both functionality and income potential. Located near Tackett Creek recreation and just minutes from lake access, this is more than a home--it's a lifestyle, a business opportunity, and an East Tennessee legacy property all in one. Buyer to verify square footage, acreage, and finishes.