10386 Petros Hwy, Oliver Springs, TN 37840

$245,000
: 3
BD
: 2
BA
: 960
SqFt

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Sold Price: $245,000
List Price: $245,000
Closing Date: Feb 14, 2025
MLS#: 1280806
Status: CLOSED
Type: Single Family Residential
City: Oliver Springs
County: Morgan
Bedrooms: 3
Bathrooms: 2
Baths Half: 1
Baths Full: 1
Living Area: 960
Lot Size: 682,149
Year Built: 1995
DOM: 109

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Property Description

Attention investors and developers! Nestled in a private wooded location with 15.66 acres, this distressed property offers an incredible opportunity for those with vision and ambition. Whether you're looking for a rewarding investment to transform into a fix-and-flip, vacation rental home or a place to call your own, this home is brimming with potential. Tear down and start from scratch or invest some sweat equity to restore this cabin to its former glory! Down a winding dirt and gravel drive, set back from the road and surrounded by trees for ultimate seclusion, this house makes a great getaway in a charming Oliver Springs location. Imagine the restored covered front porch with rocking chairs that look out over the ever-changing artwork of nature. The interiors reveal a 1128 SQFT floor plan with a light-filled open layout. The 3 bedrooms and 2 baths include a primary with its own ensuite bathroom. Walk-in crawl space and tear-down barn/shed on property. This fixer-upper on a large lot is a terrific investment opportunity for those looking to transform a property to their own specifications and desires. Despite its current condition, the property's sizeable lot offers the potential for expansion or development, making it an attractive option for any investor. This right here is your opportunity to create something straight from the pages of your dream home scrapbook. Inquire Today! Buyer to verify all information.

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