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359 Co Rd 475

Etowah, TN 37331
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Barbara Ratledge Tue, Jun 30, 5:23 PM (1 day ago) to me Exceptional Investment & Hospitality Opportunity on 21.75± Acres | Multiple Income Streams | Event Venue Potential Discover an extraordinary investment opportunity in the heart of East Tennessee, where natural beauty meets exceptional income-producing potential. Spanning approximately 21.75 acres across two parcels (Parcel #118 034.02 - 14.96 acres and Parcel #118 034.00 - 6.79 acres), this unique property offers a rare combination of established rental income, event capabilities, expansion opportunities, and breathtaking mountain surroundings. Whether your vision includes a thriving short-term rental business, boutique hospitality destination, wedding venue, retreat center, agritourism venture, nonprofit campus, multi-fami ly investment, or a combination of income-producing uses, this property provides the versatility to bring those ideas to life. The property currently features multiple structures designed to support a variety of residential and commercial-style uses, including: • Single-family residence (359 County Rd 475) built in 1917 • Triplex (361 County Rd 475) built in 1992 • Quadplex (353 County Rd 475) built in 1995 featuring four residential rental units, a community laundry room, and a spacious lower-level event hall suitable for gatherings, meetings, receptions, or private events • Outdoor pavilion for entertaining and group activities • Amphitheater providing additional space for weddings, performances, community events, or outdoor gatherings. (with a little tlc) The property's peaceful setting creates a retreat-like atmosphere while offering significant flexibility for both personal and business use. Mature trees, open spaces, mountain views, and a creek along the rear of the property provide a picturesque backdrop for guests, residents, and visitors alike.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 86572525

MLS Id : RTC3251237

Living Area Size : 10,848

Year Built : 1995

County : McMinn County

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Feature Features

  • Interior Features

    Roof: Metal

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Carpet, Laminate, Tile Construction Materials: Vinyl Siding
  • Heating & Cooling

    Heating: Central Has Heating: Yes Cooling: Central Air Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 1995

  • Property Information

    Property Type: Residential Income

  • Listing Price Information

    Original List Price:$1200000

  • Tax Information

    Annual Tax: $1705

  • Parking Information

    Concrete, Driveway

  • School Information

    Elementary School: Mountain View Elementary Junior High School: Mountain View Elementary Senior High School: Central High School
  • Utility Information

    Water Available Sewer: Septic Tank Water Source: Public
  • Location Information

    City: Etowah Direction: 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 approximately 14 miles. As you approach Etowah, turn left onto TN-310 (Mecca Pike). Follow Mecca Pike for about 2 miles. Turn left onto County Road 475. Continue on County Road 475 for roughly ½ mile. Estimated travel time: 30-35 minutes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
569 County Road 784a, Etowah, TN, 37331 $319,900 3 2 1,896 1,896 SqFt
359 County Road 475, Etowah, TN, 37331 $1,200,000 20 11 10,848 10,848 SqFt
128 County Road 882, Etowah, TN, 37331 $1,400,000 20 13 576 576 SqFt
128 County Road 882, Etowah, TN, 37331 $1,400,000 -- -- 576 576 SqFt
121 County Road 903, Etowah, TN, 37331 $789,500 4 5 3,600 3,600 SqFt
156 Co Rd 903, Etowah, TN, 37331 $189,000 3 2 1,412 1,412 SqFt
156 County Road 903, Etowah, TN, 37331 $189,000 3 2 1,379 1,379 SqFt
176 County Road 532, Etowah, TN, 37331 $239,000 3 2 1,132 1,132 SqFt
204 County Road 906, Etowah, TN, 37331 $179,000 3 2 1,152 1,152 SqFt
715 Harren Court, Etowah, TN, 37331 $435,900 4 3 2,880 2,880 SqFt
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ByOwner last updated this listing 07/01/2026 @ 18:20

MLS: REALTRAC #3251237 LISTED BY: Barbara Ratledge, East Tennessee Properties LLC 423-453-5722 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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