1575 Old 15th Rd
Del Rio, TN, 37727 $ 1,300,000
Bedrooms4 Baths1.0 Sq 1,890 Monthly Estimate*
$ 9,081
for $1,300,000 with 4 bedrooms and 1 full bath. This 1,890 square foot home was built in 1900 on a lot size of 19.51.
Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water.The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources.Several updates have been made in the last 5 years, enhancing its livability.The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day. The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, rabbit coop, chicken coop, quail coop, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast.The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities.The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space.It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer.Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared.
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FeaturesExteriorLot Description Creek Irregular Lot Pond River Rolling Slope Wooded
Siding Vinyl Wood
Outbuildings Detached Workshop Guest House Stable Storage Shed
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GeneralConstruction Frame Other
Heating Other
Cooling Ceiling Fan(s) Window Unit(s)
Appliances Dryer Range Refrigerator Washer
Exterior Features Porch - Covered Windows - Insulated
Restrictions No
Full Baths 1
Half Baths 0
Year Built 1900
Style Historic
View Country Setting
Type 2 Story
Other Rooms Bedroom Main Level Extra Storage Family Room Laundry/Utility Mstr Bdrm Main Level
Property Type A
Area Cocke County - 39
HOA No
Property SubType Residential
Fuel Electric Propane
New Financing Cash Conventional New Loan Other
Acres 19.51
Garage Features Detached
High School Cosby
Property Status N/A
Atchd/Dtchd Type Detached
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InteriorBasement No
Dining Area Formal Dining Area Kitchen/Dining Rm Co
Fireplace No
Total Bedrooms 4
Floors Hardwood Laminate
Number of Rooms 6
Number of Fireplaces 0.00
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* Excluded FeaturesList ByMichael GrossListing Agent
Re/Max Tri Star RealtyBroker
mgross.properties@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,081
- Monthly Property Taxes
- $67
- 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 Del Rio, TN
Average List Price $404,687
Percent of Sale Price 69%
About Del Rio, TN 2,069 Population
1% Since 2002
$ 28,866 Median Income
48.98 Median Age
19% 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 |
---|
11/29/2023 | $1,300,000 | -13.33% | Price Down |
9/26/2023 | $1,500,000 | -34.78% | Price Down |
9/20/2023 | $2,300,000 | | Listed Price |