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For sale
  • Price cut: $44.9K (7/1)
    $725,000

    777 Bailey Ln, Erwin, TN 37650

    3beds
    1,848sqft
    : 
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    Single Family Residence, Residential
    Built in 2011
    8.19 Acres Lot
    $731,500 Zestimate®
    $392/sqft
    $-- HOA

    What's special

    Breathtaking mountain viewsHeated and cooled basementLevel river frontageLarge islandFenced raised-bed gardenFresh paintHvac units
    Welcome to 777 Bailey Lane, a truly one-of-a-kind riverfront retreat nestled on approximately 8.189 acres along the scenic Nolichucky River in Erwin, Tennessee. With over 800 feet of river frontage, breathtaking mountain views, direct access to a Class II+ rapid, and a home situated outside the designated flood hazard area according to the survey, this property offers a rare opportunity to own a private outdoor paradise with endless possibilities. Perched overlooking the infamous ''Radio Wave,'' you'll enjoy a front-row seat to one of the Nolichucky's most iconic stretches. Relax on the expansive covered deck, soak in the conveying hot tub, and watch whitewater enthusiasts navigate the rapids while listening to the soothing sounds of the river below. Whether you're seeking a private residence, mini-farm, mountain retreat, campground, wedding venue, or investment opportunity, this property offers tremendous potential. Originally custom-built in 2011 and relocated to its current site in 2025, the home blends rustic charm with modern updates. Freshly repainted in June 2026, the home features vaulted Canadian Hemlock ceilings and a dramatic two-and-a-half-story wall of windows showcasing the surrounding mountain views. Enjoy spectacular sunsets from the living room or cozy winter evenings beside the Jotul wood stove. The open-concept floor plan centers around a chef's kitchen featuring custom maple cabinetry, quartz countertops, and a large island. The home offers approximately 1,158 finished square feet on the main level, 1,158 square feet in the heated and cooled basement, and an additional 690 square feet on the second floor. The flexible layout can function as either a 2-bedroom or 3-bedroom home and includes 2 full bathrooms. Extensive updates completed in 2025 and 2026 include mostly new appliances, windows, HVAC units, fresh paint, and more. The home is also equipped with solar panels for added efficiency, although the inverter will need replacement. Additional outdoor improvements include a fenced raised-bed garden, cedar greenhouse with double-paned plexiglass, woodshed stocked with split firewood, and more than 400 recently planted trees including sycamores, oaks, bald cypress, river birch, and white pines. One of the property's most desirable features is that while it enjoys incredible river frontage and recreation opportunities, the home itself is located outside the designated flood hazard area according to the survey. This rare combination allows owners to enjoy riverfront living with added peace of mind. The lower riverfront portion of the property offers exceptional development potential and already includes underground power and a concrete slab suitable for an RV, private camper setup, glamping site, event venue, or future riverfront cabin. With level river frontage, existing infrastructure, and stunning scenery, this area would make an excellent campground, wedding venue, retreat center, or income-producing investment. Located outside the city limits, the property offers privacy and freedom while still enjoying Erwin Utilities water, power, and fiber optic internet. Properties with this much river frontage, usable land, existing infrastructure, mountain views, and a residence outside the flood zone rarely become available. Come experience the beauty, tranquility, and endless possibilities that only life on the Nolichucky River can provide. Disclaimer: All information herein is deemed reliable but not guaranteed. Buyer and Buyer's Agent to verify all information including square footage, acreage, utility availability, flood zone status, restrictions, and development potential.
    35 days
    |
    1,355
    |
    62
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Baker 423-948-7661,

    Greater Impact Realty Erwin 423-358-0151

    Source: TVRMLS,MLS#: 9996019

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Lower
      Heating
      • Central, Wood Stove
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Master Downstairs, Eat-in Kitchen, Kitchen Island, Kitchen/Dining Combo, Solid Surface Counters
      • Flooring: Laminate
      • Doors: Sliding Doors
      • Windows: Double Pane Windows
      • Basement: Block,Concrete,Garage Door
      • Has fireplace: No
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 3,006
      • Total interior livable area: 1,848 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Gravel
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Side Porch
      • Exterior features: See Remarks
      • Has view: Yes
      • View description: Water, Mountain(s), Creek/Stream
      • Has water view: Yes
      • Water view: Water,Creek/Stream
      • Waterfront features: River Front
      Lot
      • Size: 8.19 Acres
      • Dimensions: 8.19 acres
      • Topography: Flood Zone, Level, Sloped, See Remarks
      Details
      • Additional structures: Greenhouse
      • Parcel number: 039 01301 000
      • Zoning: N/A

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame,Contemporary
      • Property subtype: Single Family Residence, Residential
      Materials
      • HardiPlank Type
      • Foundation: Block, Slab
      • Roof: Metal
      Condition
      • Above Average,Updated/Remodeled
      • New construction: No
      • Year built: 2011

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Phone Available, Water Connected, See Remarks

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Erwin

      Financial & listing details

      • Price per square foot: $392/sqft
      • Tax assessed value: $90,400
      • Annual tax amount: $590
      • Date on market: 5/28/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $731,500

        $695,000 - $768,000

        $2,141/mo

        Price history

        DateEventPrice
        7/1/2026Price change$725,000-5.8%$392/sqft
        Source: TVRMLS #9996019 Report a problem
        6/5/2026Price change$769,900-3.8%$417/sqft
        Source: TVRMLS #9996019 Report a problem
        5/28/2026Listed for sale$799,900$433/sqft
        Source: TVRMLS #9996019 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$590 -71.9%$22,600 -71.9%
        2024$2,101 $80,475
        2023$2,101 +11.1%$80,475
        2022$1,892 -9.9%$80,475 +9.4%
        2021$2,100 $73,575
        2020$2,100 +6.3%$73,575
        2019$1,975 $73,575
        2018$1,975 0%$73,575
        2017$1,975 +0%$73,575
        2016$1,975 $73,575
        2015$1,975 $73,575
        2014$1,975 +0.1%$73,575
        2013$1,972 +6.1%$73,575 +6.1%
        2012$1,859 +116%$69,350 +105.8%
        2011$861 +13.2%$33,700
        2010$760 $33,700

        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 37650

        Getting around

        7 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Love Chapel
        • Middle: Unicoi Co
        • High: Unicoi Co

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

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