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Residential Land with Home for Sale in Tellico Plains, Tennessee

673 Reagan Valley Rd, Tellico Plains, TN 37385

$349,500
8 acres
Active
ago
Est $1,803/mo

Investors, this one checks all the boxes. TWO INCOME PRODUCING HOMES on eight private unrestricted acres with valuable extras including a large 2 story barn, workshop building, storage building with chicken coop, and a one-room hunting cabin overlooking the creek. Both homes are currently leased, providing instant income and stability. Both homes are occupied by long-term tenants with the main home offering three bedrooms and two full bathrooms, and the second home offering two bedrooms and one full bathroom. Keep the leases in place for hands-off cash flow, and explore future options like short-term rental, extended family housing, or owner-occupancy with a built-in income stream. Outdoor improvements add even more value. The barn and workshop are ideal for equipment, vehicles, or additional income through storage or hobby use. The rustic one-room cabin near the creek could become an extra income stream with a little vision. Private acreage, multiple revenue sources, and strong upside potential... all in one solid investment. Current lease/cash flow information available by request. Property transfers with leases in place through August/September 2026. Properties include 673 and 679 Reagan Valley Rd.

876
Sq feet
2
Beds
2
Full baths
2020
Built

Location

Street address
673 Reagan Valley Rd
Elevation
1,064 feet
Coordinates
35.42, -84.3408

Directions

From Hardees in Tellico Plains head north on highway 68 5 miles turn right on Reagan Valley 1.2 miles turn left at mailboxes 673/679

Property details

Acreage
8 acres
MLS #
KAARMLS 1322533
Posted

Property taxes

Recent
$1,090

Parcels

  • 115 024.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Creek, Irregular Lot, Level, Private, Rolling Slope, Wooded

Exterior

Parking
Off Street, RV
Pool
Deck, Porch
Structures
Storage

Structure

Basement
Crawl Space
Water
Public
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Materials
Frame, Vinyl Siding, Wood Siding

Interior

Room Count
4
Rooms
Bathroom x 2, Bedroom x 2
Flooring
Vinyl
Appliances
Dryer, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer

Nearby schools

NameLevelDistrictDescription
Tellico PlainsElementary
Tellico PlainsMiddle
Tellico PlainsHigh

Listing history

DateEventPriceChangeSource
Nov 21, 2025New listing$349,500KAARMLS
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This 8-acre property is located at 673 Reagan Valley Rd in Tellico Plains, TN 37385. The property is available for sale for $349,500. It has a 876 sq ft 2 bedroom, 2 bath house built in 2020.

Checked 1 hour ago — Updated

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