Skip main navigation
For sale
  • $1,500,000

    355/359 County Road 475, Etowah, TN 37331

    25beds
    12,796sqft
    : 
    $8,532/mo
    Get pre-qualified
    Office
    Built in 1995
    24.25 Acres Lot
    $-- Zestimate®
    $117/sqft
    $-- HOA

    What's special

    Mountain viewsTwo single-family homesMature treesIncome-producing quadplexIncome-producing triplexOutdoor pavilionOpen green space
    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)
    8 hours
    |
    39
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ozzie Webb 423-462-1027,

    East Tennessee Properties, LLC 423-453-5722

    Source: Greater Chattanooga Realtors,MLS#: 1539429

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 25
      • Bathrooms: 14
      • Full bathrooms: 7
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: None
      • Laundry: Laundry Room, Main Level, Multiple Locations
      Features
      • See Remarks
      • Flooring: Ceramic Tile, Hardwood, Laminate
      • Windows: Aluminum Frames, Vinyl Frames
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Total structure area: 12,796
      • Total interior livable area: 12,796 sqft
      • Finished area above ground: 11,620
      • Finished area below ground: 1,160

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Driveway, Parking Lot
      • Has garage: Yes
      • Carport spaces: 2
      Features
      • Levels: One,Two
      • Patio & porch: Enclosed, Front Porch, Patio, Rear Porch, Screened, Terrace, Porch - Screened, Porch - Covered
      • Exterior features: Balcony, Other, Private Yard, Storage
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 24.25 Acres
      • Features: Cleared, Gentle Sloping, Private, Views, Rural
      Details
      • Additional structures: Barn(s), Outbuilding, Second Residence, Shed(s), See Remarks, Storage
      • Parcel number: 118 03400 118 034.02

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other,Ranch
      • Property subtype: Office
      Materials
      • Brick, Vinyl Siding
      • Foundation: Block, Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Etowah

      Financial & listing details

      • Price per square foot: $117/sqft
      • Annual tax amount: $4,467
      • Date on market: 7/25/2026
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Listed for sale$1,500,000$117/sqft
        Source: East Tennessee Realtors #1349485 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37331

        Getting around

        1 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mountain View Etowah
        • Middle: Mountain View Etowah
        • High: McMinn Central

        Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts