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For sale
  • $599,900

    42 Oakleaf Trl, Tracy City, TN 37387

    2beds
    840sqft
    : 
    Mixed Use
    Built in 2021
    0.51 Acres Lot
    $579,100 Zestimate®
    $714/sqft
    $100/mo HOA

    What's special

    Electric fireplaceFiery gizzardBuilt-in bunk bedsPersonal firepitsSerene lakefront viewsFishing kayaking and canoeingScreened in porches
    Looking for the perfect chance to break into the lucrative Short-Term Vacation Rental (STVR) market? This is the opportunity you've been waiting for! Located in The Retreat at Waters Edge in Tracy City, TN—just an hour from Chattanooga and 1.5 hours from Nashville—this prime investment offers not just one, but TWO completely furnished income-generating properties. With a strong three year rental history, this hidden gem demonstrates consistent demand and reliable income and is drawing both vacationers and savvy investors seeking profitable, experience-driven stays. With two rental-ready properties, you have the potential to double your revenue stream, maximize occupancy, and cater to the growing demand for nature-inspired getaways. Guests will enjoy serene lakefront views, community docks, a playground, and cozy communal firepits, plus nearby access to Deer Lick Falls, Sunset Bluff, and 12,000+ acres of South Cumberland State Park for endless outdoor adventures. Each of these highly desirable tiny homes features 1 bed, 1 bath, a loft, and built-in bunk beds, comfortably sleeping six guests—now, double that, and you have space for a group of twelve—ideal for larger gatherings. Thoughtful upgrades including an electric fireplace, screened in porches, full kitchen, personal firepits and and an in-unit washer/dryer enhancing guest comfort and rental appeal. Located in a thriving rental-friendly community, this property sits on a serene 75-acre calm water lake, offering sought-after outdoor activities like fishing, kayaking, and canoeing. Guests can also enjoy nearby hiking trails including the popular Fiery Gizzard, antiquing, zip-lining, and concerts at The Caverns—all top attractions in the area. With its prime location near the University of the South, various State Parks and year-round tourism, this property presents an excellent opportunity for investors looking for a high-occupancy rental with strong income history.
    25 days
    on Zillow
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    106
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    2
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    Zillow last checked: 7 hours ago

    Listing updated: April 06, 2025 at 10:38am

    Listed by:

    Shannon Morris 423-260-9086,

    Keller Williams Realty 423-664-1600,

    Mark Morris 423-298-3517,

    Keller Williams Realty

    Source: Greater Chattanooga Realtors,MLS#: 1510132
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    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Washer/Dryer Stacked, Refrigerator, Range Hood, Oven, Microwave, Free-Standing Electric Range
    Features
    • Ceiling Fan(s)
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 840
    • Total interior livable area: 840 sqft
    • Finished area above ground: 840

    Property

    Parking
    • Parking features: Driveway, Gravel
    Features
    • Patio & porch: Deck, Porch - Covered, Porch - Screened, Screened
    • Exterior features: Playground
    Lot
    • Size: 0.51 Acres
    • Dimensions: 76 x 304
    • Features: Gentle Sloping
    Details
    • Parcel number: 102j E 007.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modular
    • Property subtype: Mixed Use
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Fishing, Lake, Playground
    • Subdivision: The Retreat at Waters Edge
    HOA
    • Has HOA: Yes
    • Amenities included: Electricity, Maintenance Grounds, Picnic Area, Playground, Trail(s)
    • Services included: Maintenance Grounds
    • HOA fee: $100 monthly
    Location
    • Region: Tracy City

    Financial & listing details

    • Price per square foot: $714/sqft
    • Annual tax amount: $1,627
    • Date on market: 4/1/2025
    • Listing terms: Cash,Conventional
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