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Land with Home for Sale in Unicoi, Tennessee

2353 Highway 107, Unicoi, TN 37692

$625,000
1.88 acres
Active sale
$15k drop
Est $3,327/mo

For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River! Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential. This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner. Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each. The expansive 2,400 sq. ft. garage loft offers multi-use potential - currently rented for $1,500/month - featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use. Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park. $30,000 in groundwork and site prep already completed 7 total lots near the river 4 lots approved for septic, water, and electric 3 additional lots approved for water and electric only Clearing and grading complete with utilities ready for final connection Additional features include: Over 109 ft of road frontage on Highway 107 Fenced side yard Outdoor shed for additional storage Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless. This income-producing, fully rented riverfront property is ready for its next owner - schedule your showing today!

Sq feet
5
Beds
5
Full baths
2020
Built

Location

Street address
2353 Highway 107
Elevation
2,359 feet
Coordinates
36.1798, -82.2651

Directions

From I 26 towards Asheville. Take Unicoi exit 32. Left at ramp. Right onto Old Erwin hwy. go 1 mile and turn left onto HWY 107 at Hardware Store. Property will be on the left. Sign on property.

Property details

Acreage
1.88 acres
MLS #
KAARMLS 1317554
Posted

Property taxes

Recent
$3,956

Parcels

  • 019 014.11

Details and features

Listing

Type
Residential Multi Family
Franchise
Independent

Exterior

Pool
Patio, Porch

Structure

Heating
Baseboard, Electric
Cooling
Ceiling Fan(s), Wall Unit(s)
Materials
Frame
Roof
Metal

Interior

Rooms
Bathroom x 5, Bedroom x 5
Appliances
Dryer, Range, Refrigerator, Washer
Features
Cathedral Ceiling(s)

Listing history

DateEventPriceChangeSource
Mar 23, 2026Price drop$625,000$15,000 -2.3%REALTRACS
Jan 6, 2026New listing$640,000REALTRACS
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This 1.88-acre property is located at 2353 Highway 107 in Unicoi, TN 37692. The property is available for sale for $625,000. It has a 5 bedroom, 5 bath house built in 2020.

Checked 2 hours ago — Updated

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