Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.
Active
$699,000
8668 Lakeshore Dr, Rutledge, TN 37861
--beds
--baths
1,248sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$560/sqft
$-- HOA
What's special
Water featuresThree income-producing tiny homesPrivate pondGated acresMature timberEstablished logging roads
- 82 days
- 132
- 16
Zillow last checked:
Listing updated:
Listed by:
Randy Hobbs 865-973-7546,
Wallace 865-342-4200
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3499724
Facts & features
Interior
Heating
- Electric, Heat Pump
Cooling
- Central Air
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Property
Lot
- Dimensions: 1181 x 1571 x 46 x 707 x 83 x 102 x 340 x 805
Details
- Parcel number: 061 05607 000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Other
- Roof: Metal
Condition
- New construction: No
- Year built: 2025
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Location
- Region: Rutledge
Financial & listing details
- Price per square foot: $560/sqft
- Annual tax amount: $122
- Date on market: 8/7/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $699,000$560/sqft |
Source: | ||
| 10/15/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Price change | $1,200-20%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Price change | $1,500-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2025 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






