$349,500

673 Reagan Valley Rd, Tellico Plains, TN 37385

  • 2 beds |
  • 2 baths |
  • 876 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2020
  • Property Lot Size Icon8acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $399/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Investors, this one checks all the boxes. TWO INCOME PRODUCING HOMES on eight private unrestricted acres with valuable extras including a large 2 story barn, workshop building, storage building with chicken coop, and a one-room hunting cabin overlooking the creek. Both homes are currently leased, providing instant income and stability. Both homes are occupied by long-term tenants with the main home offering three bedrooms and two full bathrooms, and the second home offering two bedrooms and one full bathroom. Keep the leases in place for hands-off cash flow, and explore future options like short-term rental, extended family housing, or owner-occupancy with a built-in income stream. Outdoor improvements add even more value. The barn and workshop are ideal for equipment, vehicles, or additional income through storage or hobby use. The rustic one-room cabin near the creek could become an extra income stream with a little vision. Private acreage, multiple revenue sources, and strong upside potential... all in one solid investment. Current lease/cash flow information available by request. Property transfers with leases in place through August/September 2026. Properties include 673 and 679 Reagan Valley Rd.

Listing Status:
Active
Date Added:
November 21, 2025 at 06:00AM
Listing Office:
Honors Real Estate Services LLC : 865-238-0002
MLS ID:
1322533
  • Appliances: RefrigeratorSelf Cleaning OvenWasherDryerTankless Water Heater
  • Basement: Crawl Space
  • Flooring: Vinyl
  • A/C: Ceiling Fan(s)Central Air
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0
  • General: StorageWorkshopBarn(s)
  • Style: TraditionalCabin
  • Other Structures: StorageWorkshopBarn(s)
  • Parking: Main LevelOff StreetRV Access/Parking
  • General: FrameOtherVinyl SidingWood Siding
  • Originating MLS: East Tennessee REALTORS® MLS
  • County: Monroe County - 33
  • Zoning: 115 024.00
  • View: WoodedCountry Setting
  • Water: Public
  • Sewer: Septic Tank
  • Source: East Tennessee REALTORS® MLS

This listing courtesy of Honors Real Estate Services LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tellico Plains Elementary School

121 Old High School Rd, Tellico Plains, TN, 37385

Grades PK-4

3.18 miles away

T

Tellico Plains Junior High School

120 Old High School Rd, Tellico Plains, TN, 37385

Grades 5-8

3.19 miles away

T

Tellico Plains High School

9180 Hwy 68, Tellico Plains, TN, 37385

Grades 9-12

3.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.