4 Beds
3 Baths
1,920 SqFt
4 Beds
3 Baths
1,920 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $442
Subdivision Indian River Boat Dock
MLS Listing ID 1359864
Style Cottage
Bedrooms 4
Full Baths 3
Year Built 2015
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 270x148 IRR
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
Own an established vacation rental business in one of East Tennessee's most desirable lake destinations! The Cottages of Indian River presents a rare opportunity to purchase a fully operational, income-producing short-term rental property with an established guest history, future reservations, and strong seasonal demand.
Located directly across from Indian River Marina on Norris Lake's sought-after ''quiet side,'' this three-cottage property is being offered fully furnished and turn-key, providing a new owner the opportunity to step into an established rental operation. The property includes three furnished cottages currently operating as vacation rentals: Blue Heron, Firefly, and Vista. Guests enjoy lake and mountain views, covered boat slips, pet-friendly accommodations, and convenient access to boating, fishing, water sports, and more than 800 miles of Norris Lake shoreline.
Property Highlights
Established short-term rental business
Summer bookings already in place
Fully furnished and turn-key
Located directly across from Indian River Marina
Boat slips available for guests
Pet-friendly accommodations
Established online presence and repeat clientele
Three cottages offering multiple rental income opportunities
Convenient to LaFollette and I-75
Thoughtfully designed to provide guests with a relaxing lake getaway, the cottages offer modern conveniences including Wi-Fi, smart TVs, fully equipped kitchens, outdoor living spaces, and ample parking. With an established rental operation already in place, much of the groundwork has been completed.
Property Details: Three cottages on one parcel, addressed as 739 Blue Heron, 745 Vista, and 749 Fire Fly. DSCR eligible.
Additional investment opportunities are available on Indian River Boat Dock Road, offering a unique chance to expand your real estate portfolio in this desirable Norris Lake area. Ask for details about other available properties and opportunities to grow your investment holdings!
Buyer to verify all information including measurements.
Location
State TN
County Campbell County - 37
Area 0.48
Rooms
Other Rooms LaundryUtility, Bedroom Main Level, Mstr Bedroom Main Level
Basement None
Dining Room Breakfast Bar
Interior
Interior Features Kitchen Island, Breakfast Bar
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Fireplaces Type None
Fireplace No
Window Features Windows - Insulated
Appliance Dryer, Washer
Heat Source Central, Electric
Laundry true
Exterior
Exterior Feature Porch - Covered, Windows - Insulated
Parking Features Off-Street Parking
Garage Description Off-Street Parking
View Lake
Garage No
Building
Lot Description Lake/Water Access, Irregular Lot
Faces 75 North to exit 134 onto US-25W North, SR-63 East toward Jacksboro for 5.2 miles, TR onto Towe String Rd for 1.1 miles, TR onto Indian River Boat Dock road (stay right). Cottages are on the left , you will see Indian River marina on right.
Sewer Septic Tank
Water Public
Architectural Style Cottage
Additional Building Gazebo
Structure Type Wood Siding,Frame
Others
Restrictions No
Tax ID 102OA05700
Energy Description Electric
Nearby Locations
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Broker Associate License ID: 354450