1575 Old 15th Rd,  Del Rio  (37727)

$850,000

4 bedrooms 4   1 bathrooms 1   1890 square feet 1,890
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PROPERTY DETAILS

Address: view address
Del Rio, TN 37727
Map Location
Features: Garage, Storage
Bedrooms:4Bathrooms:1 (full: 1)
Square Feet:1,890 sq.ft.Lot Size:19.51 acres
Year Built:1900Styles:Historic
Property Type:ResidentialCounty:Cocke County - 39
List Date:2023-09-20Listing Number:1240211
Listed By:Realty Executives Associates

PROPERTY DESCRIPTION

Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water. The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources. Several updates have been made in the last 5 years, enhancing its livability. The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day. The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, rabbit coop, chicken coop, quail coop, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast. The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities. The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space. It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer. Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared.

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Interior

Ceiling Fan(S):YesDryer:Yes
Electric Heat:YesHardwood Floors:Yes
Interior Storage:YesLaminate Flooring:Yes
Propane Heat:YesRefrigerator:Yes
Washer:YesWoodburning Fireplace(S):Yes

Exterior

Covered Porch:YesDetached Parking:Yes
Frame Exterior:YesGarage Size:1.00
Insulated Windows:YesStyle:Historic
Vinyl Siding:YesWood Exterior:Yes

Property and Lot Details

High School:CosbyIrregular Lot:Yes
Lot Acres:19.51Lot Has Barn Or Stable:Yes
Lot Has Pond:YesLot Has Rolling Hills:Yes
Lot On Or Near River:YesLot Sqft:849,855.60
Storage Building(S):YesTaxes:0.00
Transaction Type:SaleWooded Lot:Yes
Year Built:1900

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: Michael Gross of Realty Executives Associates