359 Co Rd 457, Etowah, Tennessee 37331

TN, Etowah
$1,200,000
  • Active Status
  • 20 Dayz On Cribz Total Days
  • Residential Income Property Type
  • 10848 Total Sqft $111/sqft
  • 1995 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Exceptional Investment & Hospitality Opportunity on 21.75± Acres | Multiple Income Streams | Event Venue Potential

Discover an extraordinary investment opportunity in the heart of East Tennessee, where natural beauty meets exceptional income-producing potential. Spanning approximately 21.75 acres across two parcels (Parcel #118 034.02 – 14.96 acres and Parcel #118 034.00 – 6.79 acres), this unique property offers a rare combination of established rental income, event capabilities, expansion opportunities, and breathtaking mountain surroundings.

Whether your vision includes a thriving short-term rental business, boutique hospitality destination, wedding venue, retreat center, agritourism venture, nonprofit campus, multi-family investment, or a combination of income-producing uses, this property provides the versatility to bring those ideas to life.

The property currently features multiple structures designed to support a variety of residential and commercial-style uses, including:

• Single-family residence (359 County Rd 475) built in 1917
• Triplex (361 County Rd 475) built in 1992
• Quadplex (353 County Rd 475) built in 1995 featuring four residential rental units, a community laundry room, and a spacious lower-level event hall suitable for gatherings, meetings, receptions, or private events
• Outdoor pavilion for entertaining and group activities
• Amphitheater providing additional space for weddings, performances, community events, or outdoor gatherings. (with a little tlc)

The property’s peaceful setting creates a retreat-like atmosphere while offering significant flexibility for both personal and business use. Mature trees, open spaces, mountain views, and a creek along the rear of the property provide a picturesque backdrop for guests, residents, and visitors alike.

Investment possibilities include:
• Short-term vacation rentals or Airbnb accommodations
• Boutique lodge or hospitality business

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 3251237
  • Price: $1,200,000
  • View: Valley
  • Square Footage: 10,848 Sqft
  • Year Built: 1995
  • Office Name: East Tennessee Properties LLC
  • Agent Name: Barbara Ratledge
  • Roof: Metal
  • Listing Status: Active
Location Info
  • Street Number: 359
  • Street: Co Rd 475
  • City Etowah
  • State TN
  • Zipcode 37331
  • County McMinn County, TN
  • Longitude: W85° 28' 30.2''
  • Latitude: N35° 19' 24.3''
  • Directions: From the Athens Office - 521 Congress Parkway S (US-11) Head southwest on Congress Parkway S/US-11 for about 1 mile. Turn right onto TN-30 W (Decatur Pike) toward Etowah. Continue on TN-30 W for approximately 14 miles. As you approach Etowah, turn left onto TN-310 (Mecca Pike). Follow Mecca Pike for about 2 miles. Turn left onto County Road 475. Continue on County Road 475 for roughly roughly half a mile, the property will be on the left. Estimated travel time: 30-35 minutes
Features
  • Heating System Central
  • Cooling System Central Air
  • Parking Driveway, Concrete
  • Utilities Water Available
  • Flooring Laminate, Carpet, Tile
  • Sewer Septic Tank
Schools
  • Elementary School: Mountain View Elementary
  • Middle School: Mountain View Elementary
  • High School: Central High School
Additional Info
  • Water Source: Public
  • Building Size: 10,848 Sqft
  • Construction Materials: Vinyl Siding
  • Levels: Three Or More
  • On Market Date: June 26th, 2026
  • Previous Price: $1,200,000
  • Stories: 3
Financial
  • Annual Tax Amount: $1,705
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Jul 3rd, 2026 @ 8:14pm
  • Status Change Timestamp: Jun 27th, 2026 @ 12:54am
mls grid

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