Cherokee Cove Retreat

Hospitality for Sale
Catylist Listing ID: 30679648
Property Subtypes: Bed & Breakfast, Convention Center, Extended Stay, Hotel, Recreation Cabins, Resort, Ski & Sun, Vacation Rental(s), Other
Number of Units: 20 Units
Building Size (RSF): 15,433 SF
Gross Building Area: See Agent
Gross Land Area: 215 Acres
Sale Price: $2,500,000
Unit Price: $125,000 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Cherokee Cove
Sale Terms: Cash to Seller
Last Updated: 7/22/2021

Overview / Comments

Excellent opportunity to own a Tennessee high country retreat, known as Cherokee Cove, settled in the mountains of East Tennessee and is a perfect getaway! The land offers 200 acres of serenity, seclusion and the ability to escape from the ever-changing fast pace culture of our modern world and adjoins the Cherokee National Forest to provide total privacy. There are 20+ houses/cabins on the property that house 92+ beds, as well as other structures such as covered camping platforms, stages and bath houses. The buildings include a 5000 sf main conference center equipped with a commercial style kitchen, large bunk room, showers, etc...There are five cabins/houses with full kitchens. A secondary conference center with an outdoor fireplace surrounded by seven cabins. This portion of the camp is connected with a 600' boardwalk and blends right into the environment. These cabins are one bedroom and include a full bath (one cabin was built for ADA compliance). There is another cabin completely off the grid and is a quarter of a mile away from the main stay. The property consists of over 6.5 miles of walking trails, five natural springs flowing out of the mountain (clean artisan water), three wells, over one hundred edible plant species, mature hardwood forests, orchards and much more! The property lends itself to being a retreat, camp, private compound and/or a hunters dream with an excellent source of wildlife. Other Notable Highlights— 3 generators; Watauga Lake, Boone, NC, Blowing Rock, NC, Damascus, VA, Johnson City, TN and Kingsport, TN (all within 60 minutes); Only a short drive to boating, water skiing, snow skiing, rafting and some of the best fly fishing in the country! Local Attractions: http:/exploreboone.com/ - http:/johnsoncountytnchamber.org/tourism-info/ - http:/www.visitdamascus.org - DRONE VIDEO - https://www.youtube.com/embed/fOv_Ypv5zf0 –- Property could include: Mini Excavator, Skid Steer, dump trailer, 2 Kubota's, 5-ATVS, Toyota Highlander
Other Notable Highlights–
Within 60 minutes of the following: Watauga Lake, Boone, NC, Blowing Rock, NC, Damascus, VA, Johnson City, TN, Kingsporty, NT
Only a short drive to boating, water skiing, snow skiing, rafting and some of the best fly fishing in the country!
Local Attractions:
-http:/johnsoncountytnchamber.org/tourism-info/
-http://www.exploreboone.com/ utm_source
-http:/exploreboone.com/
-http:/www.visitdamascus.org
-www.visitnc.com utm_medium referral utm_campaign
downstream
-http:/www.visitdamascus.org
-http:/www.johnsoncountyairport.com
-http:/www.coveridgemarina.com

Additional Details

Nearest MSA: Johnson City
County: Johnson
Tax ID/APN: 046093 00200
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Boone and Johnson City
Total Number of Buildings: 20
Property Condition: Excellent
Year Built: 2004
Construction/Siding: Wood Siding
Heat Type: Electricity, Propane
Air Conditioning: Package Unit
Water Service: Well, Other
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,552 6,490
Median Age: 44.09 43.96
Households: 1,073 2,803

Contact

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