1750 Hiwassee Rd, Sweetwater, TN 37874

$1,300,000
8
BD
8
BA
7,692
SqFt

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List Price
$1,300,000
Price Change
▼ $50,000 1790607618
MLS#
1351253
Status
ACTIVE
Type
Single Family Residential
City
Sweetwater
County
Monroe
Bedrooms
8
Bathrooms
8
Baths Half
2
Baths Full
6
Living Area
7,692
Year Built
2008

Property Description

HIWASSEE RIDGE ESTATE -- ONE PROPERTY. EXTRAORDINARY VERSATILITY. 1750 Hiwassee Road is much more than a luxury East Tennessee property--it is an opportunity to create the lifestyle, retreat, investment, or destination you envision. Set behind a gated entrance on more than 16 unrestricted acres with sweeping views across the East Tennessee countryside toward the Great Smoky Mountains, these massive luxury-styled log cabins offer approximately 7,692 square feet of finished living space and a layout with remarkable flexibility. LIVE HERE • INVEST HERE • CREATE A DESTINATION Use the entire property as an impressive private estate. Create a multi-generational compound where family members can enjoy their own spaces while remaining under one destination. Live in one portion and potentially generate income from another. Create corporate or executive accommodations, a church or organizational retreat, family-reunion destination, wedding/event property, or explore the possibilities for a luxury short-term-rental operation. The multi-level design creates an especially intriguing opportunity for an Airbnb/VRBO concept. Depending upon the buyer's desired configuration and all applicable approvals, the property could potentially be arranged in several ways--including two large one-bedroom accommodations plus four two-bedroom accommodations, creating as many as six individual rental experiences, with each occupying its own floor or defined living area. Instead of offering guests a typical room or small cabin, imagine multiple private accommodations within a massive luxury cabin setting--mountain atmosphere, acreage, privacy and room to create memorable guest experiences. Another option is to operate the property as two substantial luxury vacation rentals**, accommodating larger families and groups. Or combine the concepts: reserve part of the estate for larger-group bookings while offering other areas as smaller individual accommodations. An owner could potentially live on-site while renting other portions, creating a rare **LIVE + RENT** arrangement. The possibilities continue beyond overnight accommodations. The acreage, privacy, setting and large-group capacity could lend themselves to a **luxury vacation destination, corporate retreat, executive getaway, family reunion property, church retreat, intimate wedding/event venue, wellness retreat, or hybrid lodging-and-event concept. For a private buyer, the same flexibility makes Hiwassee Ridge Estate equally compelling as a full-time residence, second home, extended-family estate or multi-generational property. Luxury when you want it. Privacy when you need it. Income potential when you choose it. **PRIVATE ESTATE • MULTI-GENERATIONAL LIVING • LIVE + RENT • TWO LUXURY RENTALS • POTENTIAL MULTI-UNIT STR CONCEPT • CORPORATE RETREAT • FAMILY REUNION DESTINATION • WEDDING/EVENT POTENTIAL • EXECUTIVE GETAWAY** Most properties tell you what they are. 1750 Hiwassee Road gives you the freedom to decide what it can become.

Additional Information

Acres
16.48
Appliances
Dishwasher, Range, Refrigerator
Basement
Yes
Construction
Log
Cooling
Ceiling Fan(s), Central Air
Fireplace
Yes
Floors
Tile, Vinyl
Garage
Detached, Main Level, Off Street
Living Area
7,692
Lot Description
Wooded, Rolling Slope
Style
Other, Log, Traditional
Subdivision
Hiwassee Ridge Estates
View
Mountain View, Wooded
Year Built
2008
Subdivision
Hiwassee Ridge Estates
Heating
Central, Natural Gas, Electric
Num Of Rooms
14
Fireplaces
6
Hoa
No
Bonus Room
Yes
Water
Shared Well
Sewer
Septic Tank

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Calculator source: Real Geeks

Listing courtesy of Weichert Realtors-The Space Place.

Agent: Jim Swafford |

Office: Weichert Realtors-The Space Place |