1541 Lower English Creek Road
Newport, TN, 37821 $ 1,225,000
Bedrooms5 Baths7.0 Sq 2,092 Monthly Estimate*
$ 8,557
for $1,225,000 with 5 bedrooms and 7 full baths. This 2,092 square foot home was built in 1994 on a lot size of 4.
With proven rental history of $124k in 2023 and with it on pace to produce $160k 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. English Creek Hideaway is on pace to produce over $160,000.00 in income for 2024. OWNER FINANCING AVAILABLE!!
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FeaturesGeneralInterior Features Walk-In Closet(s)
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Metal
Appliances Dryer Electric Range Microwave Refrigerator Washer
Exterior Features Storage
Zoning None
Garage Spaces 0.0
Patio/Porch Features Covered
Architectural Style A-Frame Chalet
Construction Materials Other
Year Built 1994
Levels One
Property SubType Single Family Residence
Tax Year 2022
Waterfront Features Creek
County Cocke
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Other
Garage Y/N N
Other Structures Outbuilding
Total Rooms 0
Status Active
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
City Newport
View Y/N N
MLS Area Cocke County
Lot Size Square Feet 174240.0
Waterfront Y/N Y
Carport Y/N N
Street Name Lower English Creek
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 415.53
Home Warranty Y/N N
MLS Area Minor Cocke County
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot n/a
Senior Community None
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InteriorBasement Crawl Space None
Total Fireplaces 1
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2092.0
Full Baths 7
Half Baths 0
Street Suffix Road
Total Bedrooms 5
Below Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 7
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ExteriorFencing Fenced
Lot Features Level Private
Water Source Well
Lot Size Area 4.0
Spa N
Building Area Total 2092.0
Lot Size Acres 4.0
Lot Size Units Acres
Road Frontage Type County Road
Open Parking Y/N N
Horse Y/N N
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* Excluded FeaturesList ByExp Realty, Llc NashvilleBroker
themooreteamtn@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,557
- Monthly Property Taxes
- $35
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Newport, TN
Average List Price $430,043
Percent of Sale Price 65%
About Newport, TN 7,461 Population
5% Since 2002
$ 22,588 Median Income
41.04 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2009826 Elementary School
2009827 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
10/20/2023 | $914,900 | -1.09% | Price Down |
9/13/2023 | $925,000 | | Listed Price |