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8668 Lakeshore Drive , Rutledge, TN 37861

$699,000
  • 8668 Lakeshore Drive , Rutledge, TN 37861 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET1,248 MLS#3499724
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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.

8668 Lakeshore Drive | MLS# 3499724

This multi-family property located at 8668 Lakeshore Drive , Rutledge, TN 37861 is currently listed for sale with an asking price of $699,000. Search Rutledge real estate on bethmallen.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric, Heat Pump
Lot Size: 1181x1571x46x707x83x102x340x805
Roof Type: Metal
Taxes: $122
Year Built: 2025

Feature Descriptions

Exterior: Frame, Other
Lot Dimensions: 1181x1571x46x707x83x102x340x805
Parcel#: 061 05607 000
Units: 3
Utilities: Electricity Available

Listed By / Shown By

Listed By

Agency Name: Wallace
Agency Phone: 8653424200

Shown By

Agent Name: Beth Mallen-Watson
Agent Phone: (615) 910-5540
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 1,769.71 per month $1,555.67 Principal & Interest $10.17 Property Tax $203.88 Homeowner's Insurance

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