#2811534, Marie Ellen (Ellie) Pratt, Listing Office: Benchmark Realty, LLC
42 Oakleaf Trl Tracy City, TN 37387
Property details
About 42 Oakleaf Trl
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.
Highlights
Summary
- MLS Number: 2811428
- MLS Name: REALTRAC
- Office Name: Greater Chattanooga Realty, Keller Williams Realty
- Listing Agent: Shannon Morris
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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Last updated on: 4/8/2025, 8:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,900
42 Oakleaf Trl
$7,124
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 05, 2022 | Home Sold | $525,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $90,650 | $1,628 |
History based on county public records data.
Nearby schools
8
Sewanee Elementary School
Public District KG-5
10.6 mi
•209 University Ave
6
Whitwell Elementary School
Public District PK-4
13.5 mi
•150 Tiger Trl
2
Jasper Elementary School
Public District PK-4
14.3 mi
•495 Warrior Dr
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 $33,687. The most common annual income of people living in Tracy City, TN is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 42 Oakleaf Trl
This home is located at 42 Oakleaf Trl in Tracy City, TN and zip code 37387. This 840 square foot home, which was built in 2021, sits on a 0.51 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $599,900.
While more than 1 listings in Tracy City, TN in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. In March 2025 in Tracy City, TN there were 25.7% more homes for sale than in February. In March 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $275,000.