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Crown And Anchor Can Help You Purchase This Home
Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!
1541 Lower English Creek Rd Rd, Newport, 37821
Priced At: $885,000
Property Details for ID: 1239538
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 2,092
Price SqFt: $423
Total Bedrooms: 5
Full Baths: 7 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2023-09-13T19:49:29Z
Subdivision: Gray Hills
Public Remarks: With proven rental history of $124k in 2023 and with it on pace to produce $180k in 2024, this conveniently located property near local attractions, hiking trails, white water rafting, and more is the perfect investment property for you. The English Creek Hideaway is not just a multi-structure property; it's an investment in your future. This unique property offers a blend of rustic charm and modern comfort, presenting an unparalleled opportunity for short-term rental income. Situated along the serene banks of a year around 1168 ft creek, this property is more than a home; it's an experience waiting to be shared. Immerse yourself in the glamping phenomenon with a collection of 6 thoughtfully designed units that redefine the art of camping. Each glamping unit is a cozy retreat, meticulously crafted to provide comfort without compromising on the authentic outdoor experience. From luxurious A-frame structures to charming chalets, guests can reconnect with nature while enjoying modern amenities. These glamping units are a magnet for adventure seekers or those looking for romantic getaways, offering a unique alternative to traditional lodging options. Each chalet offers private showers, saunas, tubs, and courtyards. The main house, a beautifully updated 3 bedroom and 2 bath space with 1,232 sq ft, can be used as another rental unit or a mainstay home for an owner who would like to live onsite while managing the property. There is a community barn that offers guests a cozy place to play games, grill out, commune, or even host a wedding. This property is truly One Of A Kind, and with all the engineering and with the multiple septic systems already in place, it is turn key and positioned for continued success. It is a MUST SEE. Bring your visions and dreams to life on this already well established income producing property. Call your agent and schedule a showing today. Motivated Seller!!
Schools Information
Elementary School: ********Middle / Junior School:
High School:
Building Description
Site Built: No
Year Built: 1994
Total Rooms: 14
SqFt (Total): 2,092
SqFt (Main Lvl): 2,092
Full Baths: 7
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From I-40 Exit 435 take Hwy 321 South towards Gatlinburg. Turn Left onto Cosby Cut-off Rd (Acrosss from Bojanagles. Turn Left on Morrell Springs Rd. Turn Right onto Green Acres Dr and then stay left onto Lower English Creek Rd. Property will be on your right.
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Four Reasons to Use Crown And Anchor Realty
Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!