1635 Bennett Lake RD Whitwell, TN 37397
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 384 sqft
Price per Sqft $1,692
MLS Listing ID 1543284
Style Cabin
Bedrooms 1
Year Built 2021
Lot Size 4.450 Acres
Acres 4.45
Lot Dimensions RR ROW ADDED 1/15/08
Property Sub-Type Mixed Use
Source Greater Chattanooga REALTORS®
Property Description
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.
Location
State TN
County Marion
Area 4.45
Interior
Cooling Ductless
Fireplace No
Exterior
Exterior Feature Other
Parking Features Off Street
Garage Description Off Street
Garage No
Building
Sewer Septic Tank
Water Public
Architectural Style Cabin
Additional Building Shed(s), Other
Schools
Elementary Schools Marion County Elementary
Middle Schools Marion County Middle
High Schools Marion County High
Others
Senior Community No
Tax ID 105 01401 000
Acceptable Financing Cash, Special Funding
Listing Terms Cash, Special Funding
NEARBY SCHOOL & BUSINESS
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