5176 Mullins Cove Road, Whitwell, TN 37397 (MLS# 1387087)

5176 Mullins Cove Road, Whitwell, TN 37397

$920,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,968 Lot Size (sq. ft.): 392,040 Status: Closed

Current Price: $920,000 List Date: 2/21/2024 Last Modified: 9/09/2024

Overview

Description

Here is a rare opportunity to own 9 acres in the Tennessee River Gorge in Mullins Cove. You really must be on the property to be able to appreciate the beauty of the acreage and the surrounding views. This is the first time this property has ever been available for sale. The property includes a completely renovated house with about 670 feet of water frontage. The dock has been rebuilt and the driveway has been upgraded from dirt to gravel. The owners are in the process of dividing the 9 acres into 3 lots pending approval. There is the potential to own two 2+ acre lots both would have about 200 feet of frontage and the existing house would be on the remaining 4+ acres with roughly 270 of water frontage (owner will not divide the 9 acres). The property can and has been used as an Airbnb.

Listing Details MLS# 1387087

General Property Information

Bedrooms Total: 3
Rooms Total: 9
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1968
Living Area Source: Tax Records
Enhanced Accessible: No
Year Built: 1975
New Construction YN: No
Builder's Warranty YN: No
Home Warranty YN: No
Garage YN: No
Carport YN: No
Lot Size Acres: 9
Lot Size Square Feet: 392040
Lot Size Dimensions: 9 acres
Association YN: No
View YN: Yes
Waterfront YN: Yes
Basement YN: No
Fireplace YN: No
Senior Community YN: No
List Price/SqFt: 495.43
Sold Price/SqFt: 467.48
Deed Book: 561
Deed Page: 600
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Water Heater; Free-Standing Electric Range; Microwave; Refrigerator Basement: None Community Features: None Construction Materials: Stone; Other Brick and Stone Features: Partial Stone Cooling: Central Air; Electric Exterior Features: Dock - Stationary Flooring: Luxury Vinyl; Plank Foundation Details: Brick/Mortar; Stone Heating: Central; Electric Interior Features: Granite Counters; Open Floorplan; Primary Downstairs; Separate Shower; Tub/shower Combo Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Laundry Room; Washer Hookup Levels: Two Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Lake on Lot; Wooded Parking Features: Off Street Patio And Porch Features: Porch; Porch - Covered Possession: Close Of Escrow Roof: Shingle Utilities: Cable Available; Electricity Available; Phone Available View: Mountain(s); Other Water Source: Well Window Features: Aluminum Frames

Contract Information

Start Showing Date: 2024-02-21
Listing Contract Date: 2024-02-19
Auction YN: No
Property Sub Type: Single Family Residence
Office Exclusive: No
Occupant Type: Vacant

Location Tax and Legal

Street Number: 5176
Street Name: Mullins Cove
Street Suffix: Road
County: Marion
State: TN
Postal Code: 37397
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Here is a rare opportunity to own 9 acres in the Tennessee River Gorge in Mullins Cove. You really must be on the property to be able to appreciate the beauty of the acreage and the surrounding views. This is the first time this property has ever been available for sale. The property includes a completely renovated house with about 670 feet of water frontage. The dock has been rebuilt and the driveway has been upgraded from dirt to gravel. The owners are in the process of dividing the 9 acres into 3 lots pending approval. There is the potential to own two 2+ acre lots both would have about 200 feet of frontage and the existing house would be on the remaining 4+ acres with roughly 270 of water frontage (owner will not divide the 9 acres). The property can and has been used as an Airbnb.
Directions: From I-24 take exit 158 and go east towards Powells Crossroads. Take TN 27 E to Mullins Cove Rd. Continue down Mullins Cove for about 5 miles and the property will be on your right.

Status Change Information

Major Change Timestamp: 2024-06-14T15:22:35Z
Major Change Type: Status Change
Price Change Timestamp: 2024-05-28T22:39:21Z
Status Change Timestamp: 2024-06-14
Under Contract Date: 2024-05-30
Close Date: 2024-06-12
Close Price: 920000

More Information

License Number Info

Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 299692
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 263642

Historical Information

Public Historical Remarks 1: Owner Pays: Electric, Trash Removal.

Square Footage Information

SqFt - Level 1 (Legacy): 1200
SqFt - Level 2 (Legacy): 768

Location, Tax, and Legal

Parcel Number: 104 003.02
Elementary School: Whitwell Elementary
Middle Or Junior School: Whitwell Middle
High School: Whitwell High School
Tax Annual Amount: 1575.03
Tax Legal Description: Tax Parcel ID# 104 003.02
Tax Other Annual Assessment Amount: 0
Additional Parcels YN: No

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Water Heater: Yes
Free-Standing Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Basement

None: Yes

Community Features

None: Yes

Construction Materials

Stone: Yes
Other: Yes

Exterior Features

Dock - Stationary: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Owner May Carry: Yes

Lot Features

Lake on Lot: Yes
Wooded: Yes

Possession

Close Of Escrow: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Phone Available: Yes

View

Mountain(s): Yes
Other: Yes

Water Source

Well: Yes

Cooling

Central Air: Yes
Electric: Yes

Foundation Details

Brick/Mortar: Yes
Stone: Yes

Parking Features

Off Street: Yes

Levels

Two: Yes

Patio And Porch Features

Porch: Yes
Porch - Covered: Yes

Window Features

Aluminum Frames: Yes

Brick and Stone Features

Partial Stone: Yes

Flooring

Luxury Vinyl: Yes
Plank: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Granite Counters: Yes
Open Floorplan: Yes
Primary Downstairs: Yes
Separate Shower: Yes
Tub/shower Combo: Yes

Laundry Features

Electric Dryer Hookup: Yes
Gas Dryer Hookup: Yes
Laundry Room: Yes
Washer Hookup: Yes

Roof

Shingle: Yes

Listing Office: The Group Real Estate Brokerage

Last Updated: September - 09 - 2024

Information deemed reliable but not guaranteed.