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Lodge, Pool, Investment Opp

25 High Meadows Dr : Spencer, TN 38585

Van Buren County, Tennessee

Shown by Appointment Only

8 Acres
$2,900,000 USD $3,100,000
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Property Description

Your options are endless for this investment opportunity. Event venue, corporate retreat, family getaway, or daily/weekly rental.

The lodge with 8 acres is nestled in the mountain of Tennessee, close to Fall Creek Falls the crown jewel of Tennessee parks. The lodge boast rustic décor, knotty pine floors in all rooms except bathroom which are tile, all wood wall interiors, stone fireplaces, large open windows and french doors that open out onto the deck. The wings off to the sides of the main area has entertainment areas with couches, chairs and TV on one side then the opposite side is the perfect place for a band or additional entertaining. Off the kitchen are two rooms, office and entertainment area which could be used as a living area. The main floor of the lodge is 6939 sq ft, with an attached deck of 1700 sq ft, loft over the kitchen is 500 sq ft with elevator access. There are 2 bathrooms with 2 stalls each. Outside behind the lodge is a fire pit and children's play area. Large storage building, newly paved road, parking areas and gated entry complete the outside of the lodge. The pool house continues the rustic theme, with a loft, gym, changing area with showers, hot tub and a portion of the swimming pool is inside. The patio has chairs, and umbrellas to relax by the swimming pool. The main lodge has 4 separate rooms that are 950 sq ft with 2 bedrooms with private bathrooms, 2 fireplaces, open living room and kitchen layout, laundry accommodations and covered porch that has stairs leading out the yard.

Property Maps

Directions to Property

Spencer take Hwy 30 East to just before State Park turn right on Gulf Rd, follow to High Meadows Dr go right property is on that corner. Grand View Village.

Home Details

9 Bedrooms
6 Bathrooms
Built in 2002
2 Stories
7,500 Sq Ft

Commercial Details

Type : Hospitality
Zoning : yes
Class A
Multi Tenancy
75% Occupancy
2 Buildings
2 Stories
4 Units
2002 Built
12,000 Sq Ft

More Property Details

Has Residence / Home
Has Commercial Building
Paved Road Access
Electricity Service
Telephone Service
Water Service
Cable TV Service
Cell Service
Broadband Internet Service
Septic
Estimated Annual Taxes
$12,400
COMMERCIALFLIP ID
327307
MLS / Internal / Other ID
1359307
Assessor Parcel Number (APN)
048C A 018.00

Property Price History

11/29/22
$2,900,000
$200,000
6.5%
8/13/22
$3,100,000
$200,000
6.9%
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should excercise their own due diligence when purchasing real estate. Contact the seller directly regarding this listing.