197 Elk Ridge, Butler, TN 37640

$1,600,000
Property Type: Commercial Square Footage: 17,000 Lot Size (sq. ft.): 13,198,680 Status: Closed
Current Price: $1,600,000 List Date: 9/30/2016 Last Modified: 12/11/2017

Overview

Description

A natural mountain escape with over 300 acres of pristine wilderness beauty nestled in the Appalachian Mountains of Northeast Tennessee. Sugar Hollow Retreat provides elegant accommodations in an exceptionally secluded environment. An ultimate destination for weddings, family reunions, business retreats, church groups and personal adventures. With over 17,000 square feet of gracious space there is something to accomodate all interests. The Lodge, with over 7,800 square feet, ten bedrooms, twelve baths, a 32 seat dining room and commercial kitchen is the perfect getaway for large groups and families. The Chestnut Farmhouse takes you back in time with a combination of a nostalgic feel of a family farmhouse with a modern-day flare.

Supplements: Originally built in 1929 and completely renovated with 2,200 square feet, five bedrooms, an antique church pew on the wrap-around porch in a serene, picturesque setting. The Hemlock House provides a tranquil retreat with over 2,000 square feet, four bedrooms, cathedral ceilings, and panoramic decking to enjoy the wildlife from a tree-house view.

Listing Details MLS# 980307

Location Tax Legal Info

House #
197
Street Name
Elk Ridge
State/Province
TN
Zip Code
37640
PIN #
062 028.00

Contract Info

Auction Y/N
No
Listing Price
2500000

General Property Description

SqFt – Total (Aprox)
17000
Lot Dimensions
303 Acres
Acres
303
# of Buildings
6
Stories
3
Zoning
Commercial
# Parking Spaces
200
Condition
Great
Restrictions
No
Property Status
N/A

Status Change Info

Status Change Date
2017-12-11
Under Contract Date
2017-08-22
Sold Date
2017-12-08

Location, Tax & Legal Info

Area
Out of Area – 99
City/County Code
County
Total Tax
11813

Location

Outside City
Yes

More Information

Remarks & Misc

Directions
I-26E in Johnson City to Exit 24 towards Elizabethton. Right onto TN-67S/US Hwy 321S/Veterans Memorial Parkway. Go five miles to left onto Hwy 67/321 through Hampton. Go 9.6 miles to right onto US Hwy 321 towards Boone. Approximately 10 miles just past Elk Mills store take a left at the Sugar Holllow Retreat sign on the left.
Public Remarks
A natural mountain escape with over 300 acres of pristine wilderness beauty nestled in the Appalachian Mountains of Northeast Tennessee. Sugar Hollow Retreat provides elegant accommodations in an exceptionally secluded environment. An ultimate destination for weddings, family reunions, business retreats, church groups and personal adventures. With over 17,000 square feet of gracious space there is something to accomodate all interests. The Lodge, with over 7,800 square feet, ten bedrooms, twelve baths, a 32 seat dining room and commercial kitchen is the perfect getaway for large groups and families. The Chestnut Farmhouse takes you back in time with a combination of a nostalgic feel of a family farmhouse with a modern-day flare.

Commercial Type

Commercial
Yes

Construction

Other
Yes

Sale/Lease Includes

Building
Yes
House
Yes
Land
Yes

Road Access

Public Road
Yes
U.S. Highway
Yes

Cooling

Central Cooling
Yes
Other
Yes

Utilities on Site

Electric
Yes
Septic
Yes

Fuel

Electric
Yes
Propane
Yes

Additional Info

Other
Yes

Easements

Other
Yes

Heat

Central
Yes
Other
Yes

Expenses Included

Other
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Property Features

Commercial Type: Commercial Road Access: Public Road; U.S. Highway Utilities on Site: Electric; Septic Additional Info: Other Fuel: Electric; Propane Heat: Central; Other Cooling: Central Cooling; Other Location: Outside City Construction: Other Easements: Other Expenses Included: Other New Financing: Cash; Conventional; New Loan
Listing Office: Alliance Sotheby's International
IDX
Office Phone: 865-357-3232
Last Updated: December – 11 – 2017
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