1575 Old 15th Rd Del Rio, TN 37727
Property details
About 1575 Old 15th Rd
Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre multi-family/event center property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. The additional dry cabin with basement storage has the ability to be completed and turned into an overnight rental. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water. The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources. Several updates have been made in the last 5 years, enhancing its livability. The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day. The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast. The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities. The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space. It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer. Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared. Property to be sold As-Is.
Highlights
Summary
- MLS Number: 1240211
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Realty Executives South
- Office Phone: (865) 910-0708
- Office Email: jenlytlerealtor@gmail.com
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$699,000
1575 Old 15th Rd
$8,301
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 12, 2015 | Home Sold | $115,000 |
Oct 09, 2007 | Home Sold | $162,900 |
Jul 31, 2007 | Home Sold | $20,000 |
Feb 18, 2004 | Home Sold | $75,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $16,875 | $432 |
2022 | $16,875 | $433 |
2021 | $16,875 | $433 |
2020 | $17,200 | $441 |
2019 | $16,225 | $795 |
2018 | $28,075 | $795 |
2017 | $28,075 | $726 |
History based on county public records data.
Nearby schools
5
Nolachuckey Elementary School
Public District PK-5
14.3 mi
•565 Nolichuckey Rd
5
Hot Springs Elementary School
Public District KG-5
14.7 mi
•63 N Serpentine Ave
4
McDonald Elementary School
Public District PK-5
19.8 mi
•8120 McDonald Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,339. Most Del Rio, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Frequently asked questions
About 1575 Old 15th Rd
This home is located at 1575 Old 15th Rd in Del Rio, TN and zip code 37727. This 1,890 square foot home, which was built in 1900, sits on a 19.51 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 20, 2023 and is currently priced at $699,000.
While more than 0 listings in Del Rio, TN in February 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. In February 2025 in Del Rio, TN there were 18.2% more homes for sale than in January.