1635 Bennett Lake Road, Whitwell, TN 37397

$650,000
1
BD
1
BA
384
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
MLS#
1543284
Bedrooms
1
Sq. Ft
384
Acres
4.45
Year Built
2021

Property Description

Welcome to 1635 Bennett Lake Road in Whitwell, Tennessee, a unique 4.5-acre investment property offering income-producing opportunities, scenic lake views, and room for future expansion. Positioned above Bennett Lake, the property's RV park enjoys an elevated setting with beautiful views of the water. The established park currently features seven RV sites and has historically generated just under $3,000 per month on average, providing an attractive existing revenue stream. Also situated on the property is a charming 384-square-foot, 1-bedroom, 1-bath cabin currently utilized as a short-term rental. The cabin has historically generated approximately $400 per week on average, adding another dimension to the property's income potential. Beyond the existing accommodations, the expansive acreage provides additional space for potential future development or additional structures, subject to applicable zoning, permitting, and governmental approvals. Four separate storage buildings, each equipped with electricity, provide valuable space for equipment, supplies, recreational gear, or operational needs. Whether you're searching for an established income-producing property, a recreational investment, or acreage with opportunities for future growth, this distinctive property combines lake views, multiple revenue sources, and expansion potential in a beautiful Tennessee setting. Buyer to verify all income figures, zoning, permitted uses, utilities, and development potential.

Additional Information

Style
Cabin
Exterior Features
Other
Cooling
Ductless
Elementary School
Marion County Elementary
Middle School
Marion County Middle
High School
Marion County High
Financing Available
Cash, Special Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 1 Percent Lists Scenic City.