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385 Gardenia Road, Newport, TN 37821

$479,000
  • 385 Gardenia Road, Newport, TN 37821 Main Photo

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Active
BEDS4 BATHS2 full 1 partial SQUARE FEET1,920 MLS#710186
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Reduced Price and Seller concessions! Seller to pay hefty rebate at closing towards repairs, replacements and upgrades. 17 top-of-the-mountain acres -- a very large parcel for the area with amazing long-range mountain views and a creek at bottom of forest. Investment opportunity offering two rental units, one currently tenant-occupied. Save property taxes with Greenbelt status (#5932). End of paved road with no traffic.Private country living with room to grow! Nestled on a spacious, gently rolling tract in Newport, this sturdy brick home offers a peaceful rural setting surrounded by mature trees, open yard space and incredible Mountain Views for miles. The main residence is a 2 bed/1.5 bath home featuring solid brick construction, a metal roof, and 2 vehicle car port. Eat in kitchen with dining area and sliding glass deck ideal for relaxing or entertaining while enjoying the natural surroundings. Living room features a wood insert fireplace with brick facing and hearth. Trails for walking through the forest are found throughout the property and a mountain stream at the border.The lower level provides exterior access and flexible space suitable for storage, workshop use, canning kitchen, or future expansion as a separate living quarters with private bath. A one-car garage, covered parking area and additional outbuildings add functionality for equipment, recreational toys, or hobby use.Also included on the property is a separate 2 bed/1 bath manufactured home offering excellent potential for multi-generational living, guest accommodations, or rental income (currently rented). The land provides ample space for parking, gardening, animals, or simply enjoying the privacy and quiet of country life.Ask about the repair & renovation credit at closing offered by the Seller!!!Conveniently located within a short drive to Newport amenities while maintaining a secluded feel, this property presents a unique opportunity for homeowners, investors, or those seeking a rural retreat with versatility. Sold as-is. Buyer to verify all information. Great Smoky Mountains National Park, Dinner shows, museums, world-class resorts and live entertainment nearby as Gatlinburg and Pigeon Forge is just 40 minutes away.

385 Gardenia Road | MLS# 710186

This multi-family property located at 385 Gardenia Road, Newport, TN 37821 is currently listed for sale with an asking price of $479,000. Search Newport real estate on www.franklinrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Heat Pump, Electric
Heating: Electric, Wood Stove, Wood, Heat Pump, Forced Air
Lot Size: 17.00 Acres
Roof Type: Metal
Year Built: 1974

Units

Unit Type 1:
Bedrooms: 2
Full Baths: 1
Half Baths: 1
Rent: $750.00
Square Footage: 1890.00
Unit Type 2:
Bedrooms: 2
Full Baths: 1
Rent: $350.00
Square Footage: 924.00

Feature Descriptions

Appliances: Double Oven, Refrigerator, Electric Water Heater, Electric Range
Basement/Foundation: Block, Walk-Out Access, Partially Finished, Interior Entry, Exterior Entry, Daylight
Days on Site: 128
Exterior: Brick Veneer, Frame
Fencing: None
Fireplace: Insert, Wood Burning, Living Room
Flooring: Carpet, Vinyl, Concrete
HOA Y/N: No
Interior: Eat-in Kitchen, Laminate Counters, High Speed Internet
Laundry: In Bathroom, In Unit, Main Level, Inside, Electric Dryer Hookup
Lot: Cleared, Wooded, Views, Steep Slope, Sloped Down, Secluded, Rolling Slope, Private, Irregular Lot, Gentle Sloping, Greenbelt, Front Yard
Lot Dimensions: 627x20x1052x355x787x241x540x449
Outbuildings: Mobile Home, Shed(s)
Parcel #: 046 00600 000
Pool: None
Porch/Patio/Deck: Deck
Sewer: Private Sewer, Septic Tank
View: Downtown, Trees/Woods, Ridge, Pasture, Mountain(s), Forest
Water: Public, Well
Windows: Vinyl Frames, Screens, Double Pane Windows

Local Schools

High School: Cocke
Elementary School: Edgemont K-8

Listed By / Shown By

Listed By

Agency Name: Daybreak Property Holdings
Agency Phone: (865) 964-1516

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

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Estimated Payment

$ 3,076.49 per month $2,936.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $139.71 Homeowner's Insurance

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