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355/359 County Road 475
Etowah TN 37331 US

$1,500,000

Active Listing ID 20263888
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16.00 Bath (15 Full , 1 Half)
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Single Family Residence

$1,500,000

Active Listing ID 20263888
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355/359 County Road 475 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, es

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 15
  • 1/2 Bathrooms: 1
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Hardwood, Tile, Laminate
  • Roof Type: Metal
  • Heating Fuels: Central
  • Additional Features
  • Basement
  • Patio
  • Waterfront

School Information

  • School
  • Mountain View(Elementary)
  • Etowah City(MiddleSchool)
  • McMinn Central(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Single Family Residence
  • listprice: 1500000
  • unparsedaddress: 355/359 County Road 475
  • postalcity: Etowah
  • stateorprovince: TN
  • country: US
  • postalcode: 37331
  • bathroomsfull: 15
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 12796
  • livingareaunits: Square Feet
  • latitude: 35.324853
  • longitude: -84.502085
  • listagentfullname: Barbara Ratledge
  • listagentemail: etp.barbara@gmail.com
  • listagentkey: 3yd-RCARTN-410_205
  • listagentmlsid: 410_205
  • listagentpreferredphone: 4235196287
  • listagentofficephone: 4235196287
  • listofficekey: 3yd-RCARTN-410
  • listagentstatelicense: 368502
  • listofficemlsid: 410
  • disclaimer: Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RCARTN
  • yearbuilt: 1995
  • listingcontractdate: 2026-07-24
  • countyorparish: McMinn
  • parcelnumber: 118 034.00 118 034.02
  • elementaryschool: Mountain View
  • highschool: McMinn Central
  • cooling: Central Air
  • constructionmaterials: Brick, Vinyl Siding
  • flooring: Hardwood, Tile, Laminate
  • heating: Central
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • roof: Metal
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: Eat-in Kitchen
  • exteriorfeatures: Balcony
  • windowfeatures: Vinyl Frames, Aluminum Frames
  • architecturalstyle: Ranch
  • rooms: Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 8, Bathroom 3, Bathroom 13, Bathroom 6, Bathroom 12, Bathroom 11, Bathroom 10, Bathroom 14, Bathroom 7, Bathroom 15, Basement, Bathroom 9, Bathroom 4, Bathroom 16
  • utilities: Water Available
  • patioandporchfeatures: Patio, Porch
  • speciallistingconditions: Standard
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.50208, 35.324852
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"East Tennessee Properties, Llc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"etp.barbara@gmail.com", "ListBrokerageCity":"Athens", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"East Tennessee Properties, Llc", "ListBrokeragePhone":"4234535722", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"500 S Congress Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"521 S Congress Parkway ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"410", "ListOfficeCity":"Athens", "ListOfficeCountry":"US", "ListOfficeEmail":"wizoz80@hotmail.com", "ListOfficePostalCode":"37303", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Ranch - Etowah, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/355359-County-Road-475_Etowah_TN_37331_M91692-20380?f=listhub&s=RCARTN&m=20263888&c=rexren", "MLSModificationTimestamp":"2026-07-25 12:56:39", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4468, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/25/2026 1:00:45 PM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: Barbara Ratledge, East Tennessee Properties - Athens, etp.barbara@gmail.com

Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.