586 Rugby Hwy **Price Improved to $208, 000 - Priced Below Appraised Value! Investor & Short-Term Rental Opportunity Near Big South Fork** Now offered at **$208, 000, below appraised value**, this partially updated farmhouse-style home on approximately **1.23 acres** presents an outstanding opportunity for investors, vacation rental operators, or buyers seeking a property in one of East Tennessee's premier outdoor recreation destinations. Located just minutes from the **Big South Fork National River & Recreation Area**, this property is ideally positioned to attract ATV riders, hikers, horseback riders, and outdoor enthusiasts looking for a weekend getaway or vacation rental experience. Significant improvements have already been completed, including **sanded and stained original hardwood floors, freshly painted upstairs living areas, remodeled showers in both bathrooms, two newly constructed decks, and exterior updates**, allowing the next owner to focus on adding value while enjoying the benefits of work already completed. Inside, the home offers spacious rooms, original character, and a flexible layout with multiple bedrooms and bonus areas. The farmhouse-inspired kitchen and dining spaces feature unique rustic charm, while the walk-in pantry with vintage glass door adds character that today's buyers and guests appreciate. The property also includes several valuable outdoor improvements and amenities: - Large workshop/storage building with ample space for tools, equipment, or future hobby use - Covered wood storage area - Covered animal enclosure suitable for chickens or small livestock - Open yard with mature trees and room for expansion or additional outdoor amenities - New decks and improved outdoor living spaces For investors, the combination of acreage, usable outbuildings, recent improvements, and proximity to the region's ATV trail systems creates strong potential as a **short-term rental, vacation retreat, workforce rental, or long-term income-producing property**. Whether you're looking to expand your investment portfolio, create a profitable vacation rental, or finish adding your personal touches to a property with substantial upside, this opportunity delivers location, improvements, and value at a price below appraisal. **Property being sold as-is.** **Square Footage by Appraisal** Buyer or Buying Agent to verify all information.