Rare find 3 BR/1 BA 1940's house on 5.76 acres. House is currently undergoing renovations and is just about competed. House is comfortably livable in its current condition but not quite where we're ready to declare it "complete". Quiet mountain setting in an excellent location: 1 mile to I-75 and Cove Lake State Park; 3 miles to Norris Lake and Twin Cove Marina; 0.1 mile to All Terrain Vehicle (ATV) Route into popular ATV areas; 25 miles to Knoxville; General Aviation airport (JAU), with 4000 ft runway is 5 miles away, in Jacksboro, TN (JAU). Rents very well. (I start getting phone calls as soon as people see tenants moving.) Good building sites on remaining property. Plenty of parking for ATV's and boats. Renovations include new metal roof, new front porch decking, structural repairs completed, new luxury vinyl flooring in all rooms except for two bedrooms with new carpet, new water heater, new pex plumbing, fresh paint inside and out, new lighting fixtures, new 6-panel doors in bedrooms. Kitchen has been remodeled including newly-painted cabinets and new vintage wood backsplash on the counter top. Heating is provided by a gas wall heater in the kitchen and a window-mounted air conditioner/heater in the living room. City water and Xfinity cable TV/internet is available in the house. Sewer is a septic system. There is also a well on site which hasn't been used in many years. Lots of potential in this property, including a Norris Lake vacation home, permanent residence, or income-producing short- or long-term rental (check VRBO or Air B&B for Caryville and Lafollette for ideas of potential for ATV and lake-related vacation rentals). Termites were a part of the history of this cottage. House was treated many years ago and no termite activity was discovered during the renovation. Not all areas of the house were significantly remodeled and there is likely that undiscovered termite damage may exist in the house. Sorry, will not rent, rent-to-own or land contract. Preference will be given to offerors with cash. Offers also accepted for current state of remodel. Finish the remodel and save some money, plus select your own decor! List price is for a completed remodel. Will post new pictures as remodel progresses. Call Mike Duncan for further information or to schedule a viewing of the property
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