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Katelyn Waters

katelyn@brickmortarproperties.com +1(865) 660-5194

$ 245,000

Est. payment -/mo

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10386 Petros Hwy Oliver Springs, TN 37840

3 Beds

2 Baths

960 SqFt

UPDATED:

10/29/2024 03:16 PM

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $255

MLS Listing ID 1280806

Style Cabin

Bedrooms 3

Full Baths 1

Half Baths 1

Originating Board East Tennessee REALTORS® MLS

Year Built 1995

Lot Size 15.660 Acres

Acres 15.66

Property Description

Attention investors and developers! Nestled in a private wooded location with 15.66 acres, this distressed property offers an incredible opportunity for those with vision and ambition. Whether you're looking for a rewarding investment to transform into a fix-and-flip, vacation rental home or a place to call your own, this home is brimming with potential. Tear down and start from scratch or invest some sweat equity to restore this cabin to its former glory! Down a winding dirt and gravel drive, set back from the road and surrounded by trees for ultimate seclusion, this house makes a great getaway in a charming Oliver Springs location. Imagine the restored covered front porch with rocking chairs that look out over the ever-changing artwork of nature. The interiors reveal a 1128 SQFT floor plan with a light-filled open layout. The 3 bedrooms and 2 baths include a primary with its own ensuite bathroom. Walk-in crawl space and tear-down barn/shed on property. This fixer-upper on a large lot is a terrific investment opportunity for those looking to transform a property to their own specifications and desires. Despite its current condition, the property's sizeable lot offers the potential for expansion or development, making it an attractive option for any investor. This right here is your opportunity to create something straight from the pages of your dream home scrapbook. Inquire Today! Buyer to verify all information.

Location

State TN

County Morgan County - 35

Area 15.66

Rooms

Basement Outside Entr Only

Interior

Heating Propane, Other

Cooling None

Flooring Laminate

Fireplaces Type None

Appliance None

Heat Source Propane, Other

Exterior

Exterior Feature Porch - Covered, Deck

Garage Off-Street Parking

Garage Description Off-Street Parking

Parking Type Off-Street Parking

Garage No

Building

Lot Description Wooded

Faces From Oliver Springs, TN head west on Main St (TN-330). Go for 525 ft. Turn right onto TN-330. Go for 443 ft. Continue on TN-62. Go for 8.1 mi. Turn right onto Petros Hwy (TN-116). Go for 1.0 mi. Arrive at 10386 Petros Hwy Oliver Springs, TN 37840.

Sewer Septic Tank

Water Public

Architectural Style Cabin

Structure Type Frame

Others

Restrictions No

Tax ID 110 068.01 and 110 068.02

Energy Description Propane

Listed by Hometown Realty, LLC

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Katelyn Waters

Agent | License ID: 363091

+1(865) 660-5194 | katelyn@brickmortarproperties.com

Katelyn Waters

Katelyn Waters

10386 Petros Hwy Oliver Springs, TN 37840

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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10386 Petros Hwy