1575 Old 15th Road
$799,000
4
1
1,890
1,890
$423
Description
Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre multi-family/event center property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished...Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre multi-family/event center property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water. The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources. Several updates have been made in the last 5 years, enhancing its livability. The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day. The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast. The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities. The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space. It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer. Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared.
- Listed by Michael Gross • Realty Executives South
- Listed by Amber Fawcett • Realty Executives South
Property Details for 1575 Old 15th Road
Architectural Style
Historic
ViewCountry Setting, Other
Style HistoricTrue
LISTING UPDATED: 11/01/2024 04:38 PM
Property Details for 1575 Old 15th Road
Status | Active |
---|---|
MLS # | 1240211 |
Days on Market | 425 |
Taxes | $808 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Single Family / Residential |
Year Built | 1900 |
Lot Size | 19.51 AC / 849,855 SF |
County | Cocke County |
Building Information for 1575 Old 15th Road
Stories-Year Built1900Building Size-Lot Size19.51 AC / 849,855 SF
Property Information for 1575 Old 15th Road
Property History for 1575 Old 15th Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1575 Old 15th Road
Taxable ValueLand$5,650Additions$11,225Total$16,875
Tax Record2023$432 ($36 / month)
Home Facts
Beds0Total Finished SqFt1,386 SqFtAbove Grade Finished SqFt1,386 SqFtStories2Lot Size849,856 SqFtStyleMiscellaneous ResidentialYear Built1900Year Renovated1962CountyCOCKEAPN015086 01900
Schools near 1575 Old 15th Road
This home is within Cocke County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Grassy Fork Elementary School PublicK to 8 | ||
Cosby High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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