1429 Chief Lane Bean Station, TN $ 565,000
1429 Chief Lane
$ 565,000
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1429 Chief Lane

Bean Station, TN, 37708
$ 565,000
Bedrooms5 Baths0.0 Sq 2,000

Monthly Estimate*

$ 3,947

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Multi-Family Home for sale in Bean Station, TN

for $565,000 with 5 bedrooms. This 2,000 square foot home was built in 2003 on a lot size of 2.6.

Lakefront Retreat with 5 building on 2.6 Acres. Nestled in the serene embrace of nature. This rustic retreat boasts access to the lake making it a perfect destination for anglers and outdoor enthusiasts. Enjoy fishing and water-based activities, with its seasonal water levels. Among them, three smaller one-room cabins offering a snug retreat for solo travelers or couples seeking a rustic escape. The property includes an unfinished duplex providing versatility for larger groups or extended family stays. An older RV converted into a lakeside dwelling, offers another rental. The land offers the possibility of a small RV site. It comes complete with 30-amp electric, water, and sewer hookups, making it an ideal spot for visitors. The property offers space to add a playground for family fun, a tent site for camping enthusiasts, and a fishing dock for anglers. The seller currently resides in one of the cabins. There is public water that runs to the gazabo, the duplex and the converted RV home. The homes need some upgrading and TLC. Some of the units use window AC units and would need a heat source added. The 3 smaller cabins are permitted for composting toilets while the duplex is on its own tank needing a pump station added. Gazebo is centrally located between 1 & 2 with public water faucet. The property is located just 15 minutes from Morristown and 1 hr to Pigeon Forge. Sq Footage is a total of all buildings together, as per tax card Building #1 = 240 Sq Ft, Building #2 = 240 Sq Ft, Building 3 = 680, Building #4 600 Sq Ft, Building #5 240 Sq Ft.

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Multi-Family Active

Price

$ 565,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,443

Style

Multi Family

Lot Size

2.6

Year Built

2003

Town/City

Bean Station

County/Region

Grainger

MLS | Web ID

701266

Features
General
Sewer Other Unknown
Cooling None Window Unit(s)
Possession Close Of Escrow
Roof Aluminum
Appliances Bar Fridge
Electric 200+ Amp Service
Architctural Style Bungalow
County Grainger
Levels One
Property Type B
Property Condition Fixer
Subdivision Name Tomahawk Hills
Tax Year 2022
Occupant Type Owner
Status Active
Auction Y/N No
Parking Total 10.00
Construction Materials Frame Log Siding Vinyl Siding Wood Siding
MLS Area Southwest
# of Buildings 5
Sub Type Multi Family
Year Built 2003
Directions 25E towards Bean Station turn rt on to Rocky Summit then left on tomahawk and Rt on Chief Lane entrance is at the end of Chief Lane and can also be accessed at the end of Rocky Summit.
City Bean Station
High School Grainger High School
Association? No
Elementary School Bean Station
Street Name Chief
Coming Soon Lakefront Retreat with 5 building on 2.6 Acres. Nestled in the serene embrace of nature. This rustic retreat boasts access to the lake making it a perfect destination for anglers and outdoor enthusia
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Exterior
Exterior Features RV Hookup
Lot Features Lake On Lot Level Rolling Slope Sloped Down Steep Slope Views Wooded
Other Structures Storage
Parking Features Direct Access Gravel
Open Parking Spaces 10.00
Frontage Type Lakefront See Remarks
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Interior
Flooring Laminate Vinyl
Total Units 5
Fireplace No
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* Excluded Features
List By
Country Living Realty

Broker

donfabs@outlook.com

Email

Affordability Calculator

$4,067
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,947
Monthly Property Taxes
$120
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2484225 Elementary School
2484377 Middle School
Grainger High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2023$565,000 Listed Price

Map


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1429 Chief Lane, Bean Station, TN, 37708 is a Multi-Family Home for sale at $565,000 with 2,000 sqft and a lot size of 2.6. 1429 Chief Lane has 5 bedrooms, 0.0 baths, and was built in 2003. The property's zip code is 37708 which is in Bean Station, TN