Residential Land with Home for Sale in Newport, Tennessee
1541 Lower English Creek Rd Newport, TN 37821
With proven rental history of $124k in 2023 and with it on pace to produce $185k in 2024, this conveniently located property near local attractions, hiking trails, white water rafting, and more is the perfect investment property for you. The English Creek Hideaway is not just a multi-structure property; it's an investment in your future. This unique property offers a blend of rustic charm and modern comfort, presenting an unparalleled opportunity for short-term rental income. Situated along the serene banks of a year around 1168 ft creek, this property is more than a home; it's an experience waiting to be shared. Immerse yourself in the glamping phenomenon with a collection of 6 thoughtfully designed units that redefine the art of camping. Each glamping unit is a cozy retreat, meticulously crafted to provide comfort without compromising on the authentic outdoor experience. From luxurious A-frame structures to charming chalets, guests can reconnect with nature while enjoying modern amenities. These glamping units are a magnet for adventure seekers or those looking for romantic getaways, offering a unique alternative to traditional lodging options. Each chalet offers private showers, saunas, tubs, and courtyards. The main house, a beautifully updated 3 bedroom and 2 bath space with 1,232 sq ft, can be used as another rental unit or a mainstay home for an owner who would like to live onsite while managing the property. There is a community barn that offers guests a cozy place to play games, grill out, commune, or even host a wedding. This property is truly One Of A Kind, and with all the engineering and with the multiple septic systems already in place, it is turn key and positioned for continued success. It is a MUST SEE. Bring your visions and dreams to life on this already well established income producing property. Call your agent and schedule a showing today. OWNER FINANCING AVAILABLE!! Price reduction bonus for any offer able to close before the end of 2024.
Directions
From I-40 Exit 435 take Hwy 321 South towards Gatlinburg. Turn Left onto Cosby Cut-off Rd (Acrosss from Bojanagles. Turn Left on Morrell Springs Rd. Turn Right onto Green Acres Dr and then stay left onto Lower English Creek Rd. Property will be on your right.
Location
- Street Address
- 1541 Lower English Creek Rd
- County
- Cocke County
- Elevation
- 1,106 feet
Property details
- MLS Number
- GSMAR 263358
- Date Posted
Property taxes
- 2022
- $416
Parcels
- 065 012.00
Resources
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Creek, Waterfront
Structure
- Stories
- 1
- Roof
- Metal
- Heating
- Central Furnace, Fireplace
Exterior
- Features
- Covered, Level, Private, Storage
Interior
- Rooms
- Bathroom x 5, Bedroom x 5
- Appliances
- Dryer, Microwave, Range, Refrigerator
- Features
- Walk-In Closet(s)
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 13, 2024 | Price drop | $885,000 | $214,000 -19.5% | GSMAR |
| Nov 11, 2024 | Price drop | $1,099,000 | $51,000 -4.4% | GSMAR |
| Oct 9, 2024 | Price drop | $1,150,000 | $74,900 -6.1% | GSMAR |
| July 29, 2024 | Price drop | $1,224,900 | $100 -0.01% | GSMAR |
| Apr 12, 2024 | Price increase | $1,225,000 | $310,100 33.9% | GSMAR |
| Oct 21, 2023 | Price drop | $914,900 | $10,100 -1.1% | GSMAR |
| Sept 14, 2023 | New listing | $925,000 | — | GSMAR |