104 Circle Road # 104-106 Unit # 104-106, Newport, TN 37821

$1,025,000
10
BD
10
BA
7,600
SqFt

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Sold Price
$1,025,000
List Price
$1,100,000
Closing Date
Mar 01, 2024
MLS#
701020
Status
CLOSED
Type
Multifamily
City
Newport
County
Cocke
Bedrooms
10
Bathrooms
10
Living Area
7,600
Lot Size
178,596
Year Built
2017
DOM
131

Property Description

Welcome to Unwind Acres, where endless possibilities await! This remarkable property spans just over 4 acres and offers a diverse range of opportunities for its new owner! The main house offers a spacious 2280 sq ft, featuring 4 bedrooms, and 2 bathrooms. Ideal for comfortable living, and also an attractive rental option. With 8 fully equipped rental units on-site, this property provides a steady income stream. Whether you prefer short term or long term rentals, these units are turn key and ready to go! For the adventurous at heart, there are 11 full hookup sites designed for campers or RVs. Expand this offering if you desire; the space is there. A standout feature is the 14,400 sq ft event center, zoned for commercial use and available for purchase separately. This impressive space boasts a commercial-grade kitchen, 5 restrooms, a 3-tier stage with sound equipment, a wet bar, game room, inside/outside loading dock, and more. Whether you open it as an amenity for guests or host events like weddings, parties, or reunions, this can be included in the sale for a total purchase price of $2,100,000. Some additional features include an adorable chapel, a fully equipped laundry mat, a pavilion with 3 picnic tables and charcoal grills. A commercial playground, hot tub, and ample paved parking, provide a ton of appeal for this recreational property! Unwind acres can be your campground, a hub for rentals, a wedding venue, a restaurant, family compound, or anything your imagination can come up with! Take this canvas of opportunity and make your dreams a reality here in East TN! Buyers to verify all information.

Additional Information

Acres
4.10
Cooling
Varies by Unit, Wall Unit(s), Other
Exterior Features
Fire Pit, Outdoor Grill, Playground, Private Entrance, RV Hookup
Fireplace
Yes
Living Area
7,600
Lot Description
Cleared, Level, Views
Style
Cottage, Log
Year Built
2017

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Calculator source: Real Geeks

Agent: Jamey Southerland |

Office: Crye-Leike Premier Real Estate LLC |

Selling Office: .