$699,000

For Sale

10 days ago

8668 Lakeshore Dr, Rutledge, TN

Name: 8668 Lakeshore Dr, For Sale in Rutledge - eXp Realty
Brand: Wallace
SKU: 3499724
Price: 699000 USD

House

MLS® 3499724

0 Bed

0 Bath

1248 sqft

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 1248 sqft

Garage

Taxes $122

Days Active 10

Lot Size

Approx. Age 2025

Avg. Price Per Sqft $560

MLS® Number 3499724

Property Address: 8668 Lakeshore Dr, Rutledge, TN, 37861-4846

Average square foot calculated using Size range provided by listing agent.

Description

Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.

MLS® Number3499724

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2025

Basement

Driveway

Garage Spaces

HeatElectric, Heat Pump

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 7, 2026List Date

$699,000List Price

Commute

Commute

Starting Address

Destination Address

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