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Land with Home for Sale in Cosby, Tennessee

5475 Otto Williams Rd, Cosby, TN 37722

$725,000
3.84 acres
Active sale
$20k drop
Est $3,646/mo

TWO INDEPENDENT HOMES ON 4 PRIVATE ACRES – SMOKY MOUNTAINS

Good Friday Opportunity — Before Renovation Begins

This is your chance to secure a unique Smoky Mountain property before upgrades start.

Featuring 2 homes on 4 private acres, this property for living, rental income, or multi-generational use.

No HOA

Private setting with mountain views

Turnkey and ready for immediate use

Strong income potential

Whether you’re looking to relocate, invest, or enjoy peaceful mountain living — this property is ready.

Renovation is planned, and value will increase as improvements begin.

Turnkey setup with strong rental potential. Private setting with no HOA, open space, and flexible use options.

Secure it now before renovation is complete and value increases.

Two fully independent homes — one property.

A rare Smoky Mountain offering: two completely independent homes on 4 private acres, designed for flexibility, privacy, and income potential.

No HOA. Private well water. Separate electric meters for each home

Live in one. Rent the other. Or create a private multi-generational retreat surrounded by nature.

Opportunities like this — dual homes on private acreage — are limited and don’t last.

PROPERTY HIGHLIGHTS

  • Two fully independent homes with separate utilities and living spaces
  • 4 private wooded acres with no visible neighbors
  • Smoky Mountain views and peaceful natural surroundings
  • Flexible use: primary residence, rental, or private retreat
  • Room for expansion: additional cabins, pool, sauna, or recreation

MAIN HOUSE

Spacious two-level residence featuring:

  • Large loft with abundant natural light
  • Fireplace and inviting living areas
  • Updated appliances (2025) + washer & dryer (2025)
  • Two HVAC systems (2021) for efficient comfort
  • Covered outdoor areas for year-round enjoyment

GUEST HOUSE

Fully independent single-level home with:

  • Private entrance and utilities
  • Fireplace and comfortable layout
  • Fresh interior updates (Janu
3,400
Sq feet
5
Beds
3
Full baths
1995
Built

Location

Street address
5475 Otto Williams Rd
Community
Mitchel SW Aim
Elevation
1,749 feet
Coordinates
35.7817, -83.2877

Directions

Drive southwest on Cosby Highway/US 321/SR 32. Right to Hooper Highway/US 321. Continue on US 321. Right to Rocky Flats Road. Right to Otto Williams Road. Turn left.

Property details

Acreage
3.84 acres
MLS #
REALTRACS 3003302
Posted

Property taxes

Recent
$2,021

Parcels

  • 100 08701 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Financing
Conventional, FHA, Owner Lease Purchase, VA
Possession
Negotiable

Lot

Size Source
Assessor

Exterior

Parking Spaces
1
Parking
Assigned

Structure

Stories
2
Water
Well
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Frame

Interior

Flooring
Carpet, Laminate, Tile
Appliances
Dishwasher, Dryer, Microwave, Refrigerator

Property utilities

CategoryTypeStatus
SewageSeptic SystemConnected
WaterPrivate WellConnected

Nearby schools

NameType
Jones Cove ElementaryElementary
Greenbrier Alternative Learning CenterMiddle
Greenbrier Alternative Learning CenterHigh

Listing history

DateEventPriceChangeSource
Apr 3, 2026Price drop$725,000$20,000 -2.7%REALTRACS
Apr 1, 2026Price increase$745,000$40,000 5.7%REALTRACS
Mar 30, 2026Price drop$705,000$4,000 -0.6%REALTRACS
Mar 26, 2026Price drop$709,000$20,000 -2.7%REALTRACS
Mar 16, 2026Price drop$729,000$10,900 -1.5%REALTRACS
Mar 12, 2026Price drop$739,900$9,100 -1.2%REALTRACS
Mar 1, 2026Price increase$749,000$24,000 3.3%REALTRACS
Feb 27, 2026Price drop$725,000$5,000 -0.7%REALTRACS
Feb 22, 2026Price drop$730,000$10,000 -1.4%REALTRACS
Feb 22, 2026Price drop$740,000$10,000 -1.3%REALTRACS
Feb 20, 2026Price drop$750,000$20,000 -2.6%REALTRACS
Feb 19, 2026Price drop$770,000$29,000 -3.6%REALTRACS
Feb 17, 2026Price drop$799,000$26,000 -3.2%REALTRACS
Feb 16, 2026Price drop$825,000$5,000 -0.6%REALTRACS
Feb 15, 2026Price drop$830,000$20,000 -2.4%REALTRACS
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This 3.84-acre property is located at 5475 Otto Williams Rd in Cosby, TN 37722. The property is available for sale for $725,000. It has a 3,400 sq ft 5 bedroom, 3 bath house built in 1995.

Checked 1 hour ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Apr 7, 2026 5:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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