Cherokee Cove Retreat

Hospitality for Sale
Catylist Listing ID: 30222049
Property Subtypes: Bed & Breakfast, Convention Center, Extended Stay, Hotel, Recreation Cabins, Resort, Ski & Sun, Vacation Rental(s), Other
Number of Units: 34 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 200 Acres
Sale Price: $1,650,000
Unit Price: $48,529.41 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Cherokee Cove
Sale Terms: Cash to Seller
Last Updated: 11/9/2018

Overview / Comments

Excellent opportunity to own a Tennessee high country camp, known as Cherokee Cove, settled in the mountains of East Tennessee. The new owner may continue to run the camp as-is or make it their own. 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 infinite privacy. There are 34 buildings on the property that currently house 138 beds, as well as other structures such as covered camping platforms, stages and bath houses. The buildings include a 5000 sf main conference center and a smaller secondary conference center surrounded by seven cabins. This portion of the camp is connected with a 600' boardwalk and blends you right into the surrounding environment. The accommodations range from 1 to 3 bedrooms. The one bedroom cabins include a comfortable room and full bath. The two and three bedrooms offer a full bath as well as a full kitchen. One cabin was built for ADA compliance while another cabin is 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. The camp has been in operation for over 17 years and has an outstanding reputation amongst its followers.

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:
- utm_source
-http:/ utm_medium referral utm_campaign

Additional Details

Nearest MSA: Johnson City
County: Johnson
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Boone and Johnson City
Total Number of Buildings: 34
Property Condition: Good
Heat Type: Electricity, Propane
Air Conditioning: Package Unit
Water Service: Well, Other
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

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


© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.