1534 Cove LN Oliver Springs, TN 37840
24.03 Acres Lot
UPDATED:
02/21/2025 01:31 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1290338
Originating Board East Tennessee REALTORS® MLS
Lot Size 24.030 Acres
Acres 24.03
Lot Dimensions 84X776X543xIRR
Property Description
Discover the incredible potential of Hollow Campground, a stunning 24+ acre property offering both natural beauty and strong income-producing capabilities. The campground features 12 full-hookup RV sites, along with four separate rental units already in place, and one additional unit that is unfinished. The duplex includes a shared washer/dryer and a covered porch, while the cabins are each equipped with a full bathroom and kitchenette.
There is ample covered outdoor picnic space, complete with wood grills, refrigerators, and picnic tables, perfect for guests to enjoy. A paved road provides easy access to the campsites, with plenty of parking available, and utilities are already on-site. Located in a popular area with year-round visitors, this property offers significant opportunities for continued rental income.
With over 24 acres of land, the potential for expansion is limitless. Whether you're looking to add more cabins for investment or create your own tranquil retreat, this property offers endless possibilities.
Location
State TN
County Morgan County - 35
Area 24.03
Zoning Zoned Residential
Exterior
Parking Features RV Parking
View Country Setting, Wooded
Topography [object Array]
Improvements Driveway, Utilities on Site, Septic Installed, RV Parking
Road Frontage , Paved
Garage No
Building
Lot Description Cul-De-Sac, Private, Wooded
Faces From I40: keep right at fork to continue on I-40 W, follow signs for Nashville. Take exit 364 toward Lenior City/Oak Ridge. Turn right ont TN-95 towards Melton Hill Dam. Keep left at fork, follow signs for TN-58 S/Oak Ridge Turnpike. Turn right onto TN-327 N. Follow TN-61 to Alley St/Lookout Avenue. Turn left onto TN-62 W. Turn left onto Greene Rd. Continue onto Cove Lane.
Others
Restrictions No
Tax ID 122 002.08
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional