Cherokee Cove Retreat
2418 Locust Gap Rd, Mountain City, TN 3768
Sale Price: $2,500,000

Excellent opportunity to own a Tennessee high country retreat, known as Cherokee Cove, settled in the mountains of East Tennessee and is a perfect getaway! The land offers 200 acres of serenity, seclusion and the ability to escape from the ever-changing fast pace culture of our modern world and adjoins the Cherokee National Forest to provide total privacy. There are 20+ houses/cabins on the property that house 92+ beds, as well as other structures such as covered camping platforms, stages and bath houses. The buildings include a 5000 sf main conference center equipped with a commercial style kitchen, large bunk room, showers, etc…There are five cabins/houses with full kitchens. A secondary conference center with an outdoor fireplace surrounded by seven cabins. This portion of the camp is connected with a 600′ boardwalk and blends right into the environment. These cabins are one bedroom and include a full bath (one cabin was built for ADA compliance). There is another cabin completely off the grid and is a quarter of a mile away from the main stay. The property consists of over 6.5 miles of walking trails, five natural springs flowing out of the mountain (clean artisan water), three wells, over one hundred edible plant species, mature hardwood forests, orchards and much more! The property lends itself to being a retreat, camp, private compound and/or a hunters dream with an excellent source of wildlife. Other Notable Highlights– 3 generators; Watauga Lake, Boone, NC, Blowing Rock, NC, Damascus, VA, Johnson City, TN and Kingsport, TN (all within 60 minutes); Only a short drive to boating, water skiing, snow skiing, rafting and some of the best fly fishing in the country! 

FOR MORE PICTURES AND INFORMATION CLICK HERE

Listing ID: 30679648
Status: Active
Property Type: Hospitality For Sale
Hospitality Type: Bed & Breakfast, Convention Center
Size: 15,433 SF
Sale Price: $2,500,000
Unit Price: $125,000 Per Unit
Sale Terms: Cash to Seller

CLICK HERE FOR MORE PICTURES, INFORMATION, OR TO SCHEDULE A SHOWING

Listed by: Bryan Sangid, CCIM, The Brokers Realty & Auction. Source: MLSDatashare. Posted with permission of broker in attempt to find a buyer.

1. Duplex
1.1. Added new kitchen cabinets, new appliances including running new propane gas lines for range
1.2. Replace gas water heater with new electric one.
1.3. Install 2 new mini split heat pump AC
1.4. Enclosure underneath cabin with lights
2. Hammock House Cabin
2.1. Finish cabin, insulation, new flooring, plumbing and electrical conduits, new roof over
bathroom, new fixtures, appliances, new kitchen.
2.2. Install a mini split heat pump AC.
2.3. Run gas line to range.
2.4. Build exterior deck to connect with stairs
3. Bunkhouse cabin
3.1. New mini split heat pump AC
3.2. Ready to install new flooring. Material is onsite
4. Volunteer Cabin-All Year Round Cabin
4.1. Complete redone cabin, new kitchen and appliances
4.2. Install 2 new mini split heat pump ACs, new laundry appliances, private master bedroom
4.3. Install gas lines for range and chimney
4.4. New front deck, retaining wall, and driveway
5. Tranquility cabin- All Year Round Cabin
5.1. New 3-Ton heat pump AC
5.2. New propane gas 10,000 Kw Guardian Generac generator
5.3. New laundry appliances and gas range
6. Into the woods cabin- All Year Round Cabin
6.1. New propane gas 10,000 Kw Guardian Generac generator
6.2. New 2-Ton heat pump AC
6.3. New enclosure downstairs with laundry
6.4. New gas lines for generator and chimney
6.5. New exterior deck
7. Tiny Cabin- All Year Round Cabin
7.1. Build extra bedroom on first floor
7.2. New mini split heat pump AC
8. Evergreen Village cabins
8.1. Replace gas water heaters with new electric ones
8.2. Replace several areas of rotten wood on walkway deck
9. Main Conference Center
9.1. Install two (2) 5-Ton Carrier Heat pump ACs
9.2. New propane gas 20,000 Kw Guardian Generac generator
9.3. Installed a new water pump 2-horse power
9.4. New convenience ice machine
9.5. Updates and maintenance to chimney and kitchen gas lines and equipment
9.6. Install new electrical water heater
9.7. Upgrade to audio system and new projector
9.8. Maintenance to deck areas
10. Replace well pump that supplies All Year Round Cabins with new Stainless Steel well pump.
11. Install new Iron Door to Garbage Room
12. Lift up the Pavilion roof
Additional Equipment Onsite
• 305 CAT Mini Excavator
• 226B Skid Steer
• 14ft long Dump Trailer (12 cubic yard)
• 16ft Flatbed equipment trailer
• 12ft Flatbed equipment trailer
• 2015 Kubota RTV with attachment for snow removal and windshield
• 2019 Kubota RTV with windshield and winch
• Two (2) ATVs 4-wheelers
• Three (3) 2020 – ATVs 4 wheelers
• Toyota Highlander
• Several landscaping equipment

CALL JASON GALAZ, EXP REALTY TO SCHEDULE A SHOWING 615-410-6393, JASON@FINDAHOMEINTN.COM