Del Rio, TN 37727,1575 Old 15th Rd
Del Rio, TN 37727,1575 Old 15th Rd
Del Rio, TN 37727,1575 Old 15th Rd
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$799,000
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4 BD
1 BA
1,890 SqFt
Price Dropped by $51K

1575 Old 15th Rd Del Rio, TN 37727

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UPDATED:

11/01/2024 08:38 PM

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,890 sqft

Price per Sqft $422

MLS Listing ID 1240211

Style Historic

Bedrooms 4

Full Baths 1

Originating Board East Tennessee REALTORS® MLS

Year Built 1900

Lot Size 19.510 Acres

Acres 19.51

Property 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 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.

Location

State TN

County Cocke County - 39

Area 19.51

Rooms

Family Room Yes

Other Rooms LaundryUtility, Bedroom Main Level, Extra Storage, Family Room, Mstr Bedroom Main Level

Basement Crawl Space

Guest Accommodations Yes

Dining Room Formal Dining Area

Interior

Interior Features Eat-in Kitchen

Heating Propane, Other, Electric

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Laminate, Hardwood

Fireplaces Type Other, Wood Burning, Wood Burning Stove

Appliance Dryer, Range, Refrigerator, Washer

Heat Source Propane, Other, Electric

Laundry true

Exterior

Exterior Feature Windows - Insulated, Porch - Covered

Garage Detached

Garage Spaces 1.0

Garage Description Detached

View Country Setting, Other

Total Parking Spaces 1

Garage Yes

Building

Lot Description Creek, River, Pond, Wooded, Irregular Lot, Rolling Slope

Faces Follow I-40 east to Hartford Rd exit 447. Take Big Creek Rd to Old 15th Rd. Property will be on your left

Sewer Septic Tank

Water Private

Architectural Style Historic

Additional Building Storage, Stable(s), Workshop, Guest House

Structure Type Vinyl Siding,Wood Siding,Frame

Schools

High Schools Cosby

Others

Restrictions No

Tax ID 086 019.00

Energy Description Electric, Propane

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional


Listed by Realty Executives South

GET MORE INFORMATION

Ben Lunsford

Agent | License ID: 365866

+1(206) 719-6739

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1575 Old 15th Rd