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1628 Turkey Creek Road
Tellico Plains, TN 37385
$1,100,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2100
Property Description
Welcome to your dream equestrian retreat, perfectly nestled in the pristine embrace of the Cherokee National Forest. This remarkable property promises a lifestyle marked by serene natural beauty, luxurious living spaces, and an array of exceptional amenities tailored for the discerning homeowner and equestrian enthusiast. Saddle up your horses and hit the nearby, Millers Horse Trails. Including 6.25 acres, this property comprises two distinct residences at 1628 and 1518 Turkey Creek Rd, alongside additional structures designed for both convenience and pleasure. The main residence, an exquisitely designed 3-bedroom, 3-bathroom home, covers 2,100 square feet of living space that seamlessly marries rustic charm with modern elegance. As you step inside, you are greeted by the warmth of a Tennessee stacked stone fireplace, crowned with a hand-hewn American Chestnut mantle. The main living spaces, including the great room and hallway, boast tongue and groove ceilings, adding to the home's rustic elegance. The kitchen is a chef's delight, featuring granite countertops and complemented by western heart pine floors. Hardwood floors grace all bedrooms, while the bathrooms and kitchen are adorned with tasteful tile work. The master suite is a sanctuary of relaxation, boasting a spacious layout, a rejuvenating jacuzzi tub, and expansive windows that frame the mesmerizing views of the mountains and a perennial creek. Additionally, the home also features a fully encapsulated crawl space for enhanced maintenance and comfort. The exterior of the main residence extends the invitation to luxury with tongue and groove ceilings on the porch, providing a harmonious transition from the stunning rustic interiors to the breathtaking outdoors. The gazebo with a firepit offers an idyllic setting for evenings, allowing you to unwind while listening to the calming sounds of Turkey creek rushing by. Outdoor living is further complemented by a 50'' x 40'' shop with a bunk room for hobbies or storage, and a meticulously designed 36 x 36 horse barn. The barn is equipped with four 12x12 stalls, a 12x12 hay storage, a 12x12 tack room, and an outdoor wash rack, complemented by a 12 ft alley way. The property also includes a 28x30 equipment shed, a main storage building measuring 11x50, a secondary storage building at 11x9, and a 20x20 carport. The charming 2-bedroom cabin, spanning 1,200 square feet, offers a cozy retreat with modern comforts and an abundance of character, featuring tongue and groove walls and ceilings throughout. This cabin is a beloved choice on Airbnb known for its welcoming ambiance and rated '' MOST LOVED CABIN.'' Thoughtful amenities include new wiring, PEX plumbing, a programmable thermostat, new appliances, a gas fireplace, and extra insulation. This property is a haven for nature and horse lovers, with fenced pastures, producing apple trees, and enjoyment of Turkey Creek and stunning views of Turkey Creek Mountain. An insulated potting shed, two wells with a sophisticated filtration system offering reverse osmosis, three septic tanks, and no spared expense in upkeep further underline the property's value. Imagine the possibilities - a private retreat, a mother-in-law suite, or continue the thriving Airbnb business. The property comes turnkey with all home furnishings, farm equipment, and implements included, ready for you to realize your dream. Experience comfort, tranquility, and equestrian living in this extraordinary retreat amidst the Cherokee National Forest.
Property Information
Lot Size
6 acre(s) square ft
Property Type
Residential
Year Built
1973
MLS Number
1256013
Location
Address
1628 Turkey Creek Road
City
Tellico Plains
State
TN
Zip Code
37385
County
MONROE
Listing
Provider
Tennessee Real Properties, original listing
Name
Tennessee Real Properties
Phone
(931) 863-4714
Office Name
United Country Real Estate/Tennessee Real Pro
Office Phone
(931) 248-6785
Agent Name
Taylor Adamek

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.