Michell Miller
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1635 Bennett Lake Road, Whitwell, TN 37397

$650,000
  • 1635 Bennett Lake Road, Whitwell, TN 37397 Main Photo

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BEDS1 BATHS SQUARE FEET384 MLS#1543284
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Welcome to 1635 Bennett Lake Road in Whitwell, Tennessee, a unique 4.5-acre investment property offering income-producing opportunities, scenic lake views, and room for future expansion.Positioned above Bennett Lake, the property's RV park enjoys an elevated setting with beautiful views of the water. The established park currently features seven RV sites, each producing as much as $650 per month, providing an attractive existing revenue stream.Also situated on the property is a charming 384-square-foot, 1-bedroom, 1-bath cabin currently utilized as a short-term rental. The cabin has historically generated approximately $400 per week on average, adding another dimension to the property's income potential.Beyond the existing accommodations, the expansive acreage provides additional space for potential future development or additional structures, subject to applicable zoning, permitting, and governmental approvals. Four separate storage buildings, each equipped with electricity, provide valuable space for equipment, supplies, recreational gear, or operational needs.Whether you're searching for an established income-producing property, a recreational investment, or acreage with opportunities for future growth, this distinctive property combines lake views, multiple revenue sources, and expansion potential in a beautiful Tennessee setting.Buyer to verify all income figures, zoning, permitted uses, utilities, and development potential.

1635 Bennett Lake Road | MLS# 1543284

This multi-family property located at 1635 Bennett Lake Road, Whitwell, TN 37397 is currently listed for sale with an asking price of $650,000. Search Whitwell real estate on michell.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless
Home Style: Cabin
Lot Size: 4.45 Acres
Taxes: $1,074

Units

Unit Type 1:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1600.00
Square Footage: 384

Feature Descriptions

Days on Site: 18
Exterior Amenities: Other
Lot Dimensions: RR ROW ADDED 1/15/08
Parcel #: 105 01401 000
Parking: Off Street

Local Schools

High School: Marion County High
Middle School: Marion County Middle
Elementary School: Marion County Elementary

Listed By / Shown By

Listed By

Agency Name: 1 Percent Lists Scenic City
Agency Phone: 423-355-5478

Shown By

Agent Name: Michell Miller
Agent Phone: (423) 619-2095
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,725.70 per month $1,446.62 Principal & Interest $89.50 Property Tax $189.58 Homeowner's Insurance

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