21876 E. Coast Tellico Pkwy

Farm/Ranch for Sale
Catylist Listing ID: 30806193
Property Subtypes: Breeder, Cash Crop, Horse, Ranch, Other
Gross Land Area: 12.53 Acres
Sale Price: $779,000
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/31/2022

Overview / Comments

What a find! Approx. 12.53 acres fenced in Greenback, TN. Approx. 18,000 Sq. Ft. income producing Stable sits beautifully between 2 fields with high tensile wire livestock fencing. The barn has 20 12' x 14' stalls, 4 12' x14' wash/grooming bays with hot/cold water, 2 tack rooms with separate boarder lockers, storage 1/2 bath and a Huge indoor 180' x 50' Indoor Arena. This place is Amazing and is currently producing income! Along with the training/boarding facility, the barn has a newly finished attached 2 bed room, 2 bath 1200 Sq. Ft. apartment. The apartment also includes a large kitchen, living room, dinning room, laundry room and nine foot ceilings. Walk out the front door to a pastoral view of almost 7 acres front horse field and a seasonal view of Tellico Lake. The Stable is full at this time with paying horse boarders, paying $375/month for stalls, daily turnout, hay, grain. The owner nets almost $6,000.00/month right now. A new owner can net almost $7000.00/month by charging the now going rate o $450/$500 per month. There is also Plenty of room to build your dream home on a cleared site that backs up to a 100 acre farm. You can live in the apartment while building your home. The income opportunities can continue to expand!

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 05305905506
Property Located Between: Lenoir City and Maryville
Zoning Description: A-1
Topography: Level
Water Service: Municipal
Sewer Type: Septic
Available Utilities: Electric

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,607 12,859
Median Age: 55.5 55.59
Households: 3,454 5,762


Photograph of Listing Agent

Ashley McWhorter

Coldwell Banker Wallace KAAR CIE Member
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