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$549,900 $502/sq ft
Active Listed today

1525 Cove Lane

Oliver Springs, TN 37840 · Morgan County

1 beds 1 baths 1,095 sq ft 8 acres 1990 built

About

Tucked away in a wooded setting just minutes from Windrock Park, this exceptional 8 acre tract offers a rare blend of privacy, recreation, and investment potential. The adorable cabin overlooks a tranquil pond, with a spacious deck perfect for relaxing and taking in the serene surroundings. Surrounded by mature trees and natural beauty, the property provides a peaceful retreat with endless possibilities--ideal for a private estate, family compound, or future development. An existing short-term rental cabin with hot tub adds immediate income potential with a proven track record of success! Plus the property's RV hookups have brought in additional streams of income by generating their own bookings and are very popular. With close proximity to one of the region's most popular off-road destinations, this property benefits from strong year-round tourism and demand. An additional ~20 acres that borders the property is also available for purchase.

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Details

Key facts

Restrictions, taxes, HOA and utilities — straight from the MLS.

  • Deed restricted Restrictions apply
  • No city taxes Unincorporated county
  • No HOA No association dues
  • Public water Water source
  • Septic Sewer

Overview

Type
Residential · Single Family Residence
Style
Ranch
Year built
1990
Price / sq ft
$502
Show all details Show less

Interior

Bath detail
1 full
Building area
1,095 sq ft
Basement / foundation
Slab

Lot & exterior

Lot size
8 acres
WoodedRolling SlopeIrregular LotPrivatePond on Lot

Parking

Garage
2-car
CarportDetachedOff StreetRV Access/Parking

Views

Mountain ViewWoodedCountry Setting

Listing details

MLS #
1357233
Status
Active
Days on market
Listed today

Location

Financing

Accepted financing
CashConventionalFHANew LoanUSDA/Rural

Instant pre-approval

Call (865) 535-7119 and answer a few quick questions about your income and expenses to get pre-approved on the spot.

  • Takes 3 minutes
  • No credit pull
  • Fully automated
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Listing courtesy of Realty Executives Associates. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011.