355/359 County Road 475 Etowah, TN $ 1,500,000
355/359 County Road 475
$ 1,500,000
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355/359 County Road 475

Etowah, TN, 37331
$ 1,500,000
Bedrooms25 Baths14.0 Sq 12,796
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Property for Rent in Etowah, TN

for $1,500,000 with 25 bedrooms and 14 full baths. This 12,796 square foot property was built on a lot size of 24.25.

Exceptional Multi-Family Investment Opportunity | 24.25± Acres | Multiple Income Streams | Event Venue Potential Rare opportunity to own a one-of-a-kind income-producing property situated on approximately 24.25± acres across two parcels in the beautiful mountains of East Tennessee. Combining established rental income, event space, and room for future expansion, this versatile property offers endless possibilities for investors and entrepreneurs alike. The property includes two single-family homes, an income-producing triplex (built in 1992), and an income-producing quadplex (built in 1995). The quadplex also features a community laundry room and a spacious lower-level event hall suitable for private gatherings, meetings, receptions, or special events. Additional improvements include an outdoor pavilion, amphitheater, and a peaceful creek bordering the rear of the property. The scenic setting offers mature trees, open green space, mountain views, and a retreat-like atmosphere that enhances its appeal for both residents and guests. Existing improvements provide multiple income streams while offering opportunities for future development, subject to local zoning and applicable approvals. Potential uses include short-term rentals, boutique lodging, destination weddings, retreat center, corporate or nonprofit campus, wellness or educational retreat, agritourism, vineyard or winery, long-term rental investment, multi-generational living, or organizational housing. Conveniently located near some of East Tennessee's most sought-after outdoor destinations, including Starr Mountain, the Tellico River, Hiwassee River, Ocoee River, and the Cherokee National Forest, the property is surrounded by year-round recreation including hiking, trout fishing, kayaking, rafting, camping, horseback riding, and scenic mountain drives--making it an attractive destination for visitors and tenants alike. Properties offering this combination of acreage, multiple residential buildings, established Exceptional Multi-Family Investment Opportunity | 24.25± Acres | Multiple Income Streams | Event Venue Potential Rare opportunity to own a one-of-a-kind income-producing property situated on approximately 24.25± acres across two parcels in the beautiful mountains of East Tennessee. Combining established rental income, event space, and room for future expansion, this versatile property offers endless possibilities for investors and entrepreneurs alike. The property includes two single-family homes, an income-producing triplex (built in 1992), and an income-producing quadplex (built in 1995). The quadplex also features a community laundry room and a spacious lower-level event hall suitable for private gatherings, meetings, receptions, or special events. Additional improvements include an outdoor pavilion, amphitheater, and a peaceful creek bordering the rear of the property. The scenic setting offers mature trees, open green space, mountain views, and a retreat-like atmosphere that enhances its appeal for both residents and guests. Existing improvements provide multiple income streams while offering opportunities for future development, subject to local zoning and applicable approvals. Potential uses include short-term rentals, boutique lodging, destination weddings, retreat center, corporate or nonprofit campus, wellness or educational retreat, agritourism, vineyard or winery, long-term rental investment, multi-generational living, or organizational housing. Conveniently located near some of East Tennessee's most sought-after outdoor destinations, including Starr Mountain, the Tellico River, Hiwassee River, Ocoee River, and the Cherokee National Forest, the property is surrounded by year-round recreation including hiking, trout fishing, kayaking, rafting, camping, horseback riding, and scenic mountain drives--making it an attractive destination for visitors and tenants alike. Properties offering this combination of acreage, multiple residential buildings, established rental income, event facilities, and natural beauty are rarely available. Whether you're expanding your investment portfolio, creating a hospitality destination, or seeking a unique property with multiple revenue opportunities, this exceptional offering is ready for its next chapter. Property Features Ï Approximately 24.25± acres (two parcels) Ï Two single-family homes Ï Income-producing triplex Ï Income-producing quadplex Ï Community laundry room Ï Lower-level event hall Ï Outdoor pavilion Ï Amphitheater Ï Creek along rear of property Ï Mountain setting Ï Multiple income streams Ï Expansion potential (subject to applicable approvals)

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Rental Active

Price

$ 1,500,000

Bedrooms

25

Full Bath

14

Taxes

$ 4,467

Style

Ranch

Lot Size

24.25

Town/City

Etowah

County/Region

McMinn

MLS | Web ID

1539429

Features
Interior
Interior Amenities See Remarks
Basement Finished
Flooring Ceramic Tile Hardwood Laminate
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Aluminum Frames Vinyl Frames
Fireplace Y/N Y
Above Grade Finished Area 11620.0
Laundry Features Laundry Room Main Level Multiple Locations
Total Bedrooms 25
Below Grade Finished Area 1160.0
Total Baths 14
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General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available
Possession Close Of Escrow
Roof Metal
Appliances None
Garage Spaces 0.0
Patio/Porch Features Enclosed Front Porch Patio Porch - Covered Porch - Screened Rear Porch Screened Terrace
Architectural Style Ranch Other
Construction Materials Brick Vinyl Siding
Year Built 1995
View Mountain(s)
Stories Count 2
Levels One Two
Property Subtype Mixed Use
Community Features Sidewalks
County McMinn
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Other Structures Barn(s) Outbuilding Second Residence Shed(s) Storage See Remarks
Status Active
Directions From the Athens Office - 521 Congress Parkway S (US-11) Head southwest on Congress Parkway S/US-11 for about 1 mile. Turn right onto TN-30 W (Decatur Pike) toward Etowah. Continue on TN-30 W for appr
High School McMinn Central
City Etowah
Senior Community Y/N N
Number Of Units Total 9
Lot Size Units Acres
Lot Size Square Feet 1056330.0
Carport Spaces 2.0
Carport Y/N Y
Listing Terms Cash Conventional FHA
Elementary School Mountain View Etowah
Land Lease Y/N N
Tax Annual Amount 4467.68
Home Warranty Y/N N
Middle/Junior High School Mountain View Etowah
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House Mixed Use Multi Family Office Quadruplex Triplex See Remarks
Standard Status Active
Legal Description 118 034.00 & 118 034.02
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Exterior
Exterior Amenities Balcony Private Yard Storage Other
Parking Features Concrete Driveway Parking Lot
Lot Features Cleared Gentle Sloping Private Rural Views
Water Source Public
Lot Size Area 24.25
Foundation Details Block Slab
Spa N
Building Area Total 12796.0
Lot Size Acres 24.25
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type County Road
Crops Included Y/N N
Road Responsibility Road Maintenance Agreement
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 355359
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* Excluded Features
List By
East Tennessee Properties, Llc

Broker

wizoz80@hotmail.com

Email

Nearby
4401641 Elementary School
4432454 Middle School
McMinn Central High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2026$1,500,000 Listed Price

Map


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355/359 County Road 475, Etowah, TN, 37331 is a Property for Rent at $1,500,000 with 12,796 sqft and a lot size of 24.25. 355/359 County Road 475 has 25 bedrooms and 14.0 baths. The property's zip code is 37331 which is in Etowah, TN