1541 Lower English Creek Rd Rd
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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Single Family ActiveDouble Wide,A-Frame,Chalet
FeaturesGeneralInterior Features Walk-In Closet(s)
Sewer Septic Tank
Heating Central Propane
Cooling Central Cooling
Appliances Dishwasher Dryer Refrigerator Microwave Washer
Exterior Features Fence - Wood Fenced - Yard Porch - Covered Deck
Architectural Style Other Double Wide A-Frame Chalet
Construction Materials Frame
Year Built 1994
Property SubType Residential
County Cocke County - 39
Property Type Single Family
Attached Garage N
Subdivision Name Gray Hills
Garage Y/N N
Other Structures Barn(s) Guest House
Total Rooms 14
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
Buyer Agent Compensation 2.0000
View Y/N N
MLS Area Cocke County - 39
Lot Size Square Feet 174240.0
Carport Y/N N
Street Name Lower English Creek Rd
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Cocke County - 39
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Buyer Agent Compensation Type %
Senior Community None
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InteriorBasement Crawl Space
Flooring Laminate Carpet Vinyl
Total Fireplaces 1
Fireplace Features Other Stone
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 7
Half Baths 0
Street Suffix Rd
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 7
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ExteriorParking Features Side/Rear Entry Main Level
Lot Features Creek Waterfront Access Private Corner Lot
Water Source Well
Lot Size Area 4.0
Spa N
Building Area Total 2092.0
Lot Size Acres 4.0
Lot Size Units Acres
Lot Size Source Tax Records
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByJoshua MooreListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $8,557
- Monthly Property Taxes
- --
- 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.
694100 Elementary School
694101 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 |