42 Oakleaf Trail, Tracy City, Tennessee 37387

TN, Tracy City
$584,900 ↓ $599,900
  • Active Status
  • 136 Dayz On Cribz Total Days
  • Residential Property Type
  • 2 Beds Total Bedrooms
  • 2 Baths Full + Half Bathrooms
  • 840 Total Sqft $696/sqft
  • 2021 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown

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Property Description

One Property, Two Income-Generating Units!
This unique opportunity in Tracy City, TN offers two fully furnished short-term rental homes on a single property, making it the perfect setup for maximizing rental income while minimizing management effort. Backed by a solid 3-year rental history, this investment is turnkey and ready to perform from day one.

Located in The Retreat at Waters Edge in Tracy City, TN—just an hour from Chattanooga and 1.5 hours from Nashville—this prime investment offers not just one, but TWO completely furnished income-generating properties. With a strong three year rental history, this hidden gem demonstrates consistent demand and reliable income and is drawing both vacationers and savvy investors seeking profitable, experience-driven stays.

With two rental-ready properties, you have the potential to double your revenue stream, maximize occupancy, and cater to the growing demand for nature-inspired getaways. Guests will enjoy serene lakefront views, community docks, a playground, and cozy communal firepits, plus nearby access to Deer Lick Falls, Sunset Bluff, and 12,000+ acres of South Cumberland State Park for endless outdoor adventures.

Each of these highly desirable tiny homes features 1 bed, 1 bath, a loft, and built-in bunk beds, comfortably sleeping six guests—now, double that, and you have space for a group of twelve—ideal for larger gatherings. Thoughtful upgrades including an electric fireplace, screened in porches, full kitchen, personal firepits and and an in-unit washer/dryer enhancing guest comfort and rental appeal.

Located in a thriving rental-friendly community, this property sits on a serene 75-acre calm water lake, offering sought-after outdoor activities like fishing, kayaking, and canoeing. Guests can also enjoy nearby hiking trails including the popular Fiery Gizzard, antiquing, zip-lining, and concerts at The Caverns—all top attractions in the area.

With its prime location near the University of the Sou

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 2811428
  • Price: $584,900
  • Full Bathrooms: 2
  • Square Footage: 840 Sqft
  • Year Built: 2021
  • Lot Area: 0.51 Acre
  • Office Name: Greater Chattanooga Realty, Keller Williams Realty
  • Agent Name: Shannon Morris
  • Roof: Metal
  • Listing Status: Active
Location Info
  • Street Number: 42
  • Street: Oakleaf Trail
  • City Tracy City
  • State TN
  • Zipcode 37387
  • County Grundy County, TN
  • Subdivision The Retreat at Waters Edge
  • Longitude: W86° 15' 4.6''
  • Latitude: N35° 15' 37.6''
  • Directions: From US-41 turn left onto Colyar St, turn right onto Water's Edge Way, tiny homes are on the right.
Features
  • Heating System Central, Electric
  • Cooling System Central Air, Electric
  • Fireplace Electric
  • Patio Screened, Porch, Deck
  • Parking Driveway, Detached, Gravel
  • Utilities Electricity Available, Water Available
  • Architectural Style Other
  • Interior Features Ceiling Fan(s)
  • Sewer Public Sewer
Appliances
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Electric Range
  • Oven
Schools
  • Elementary School: Tracy Elementary
  • Middle School: Tracy Elementary
  • High School: Grundy Co High School
Additional Info
  • Water Source: Public
  • Association Amenities: Playground
  • Building Size: 840 Sqft
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Levels: Three Or More
  • Lot Features: Other
  • Lot Size Dimensions: 76x304
  • Previous Price: $599,900
Financial
  • Association Fee: $100
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Association: Yes
  • Annual Tax Amount: $1,627
Listing Data
  • Co List Agent Full Name: Mark Morris
  • Co List Office Name: Greater Chattanooga Realty, Keller Williams Realty
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Aug 11th, 2025 @ 6:01pm
  • Status Change Timestamp: Apr 1st, 2025 @ 12:07pm

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