House with poolElizabethton (United States)

Price :

$3,470,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms4 bathrooms3 land12.1 ha

Meredith Valley Farm - ''Where dreams are made by the water's edge.'' Meredith Valley Farm (''MVF'') is no stranger to anyone living in the beautiful foothills of the southern Appalachian mountains of Northeast Tennessee. MVF is the epitome of a multigenerational family farm with a true heart for community. Originally owned as a working cattle farm dating back to the early 1900s, MVF has blossomed into a versatile commercial and residential property. Now is your opportunity to own a piece of history and capitalize on an excellent Investment Opportunity! A portion of this amazing farm is now being offered as a 22 +/- Acre Mini-Farm with the original Farmhouse, Event Shed, Barn and Pond. In addition, along the water's edge of the beautiful Watauga River, lies 8+ acres of land with over 1200' of riverfront, 3 Riverfront Cabins, a River Event Shed, Campground with 17 RV sites and an Office, all providing great income. The heart of the farm has always been the ''Farmhouse.'' Built in 1918, the historic Farmhouse offers over 3,200 sq ft, 4BR/3BA and provides a front porch view with spectacular sunrises over the Cherokee National Forest. This meticulously maintained, all-brick home is full of character and charm with gleaming hardwood floors, spacious rooms, high ceilings, an updated kitchen, separate living quarters on the upper level and front and back porches to absorb all the surrounding beauty. Next door is the Farmhouse Shed that hosts weddings, receptions, reunions, and other events, and is surrounded with lush gardens with a bird's eye view of MVF's classic red barn. Both the Farmhouse and the Event Shed are income producing properties providing the next owners an option of continuing a tradition or making it their own private residence. Behind the classic red barn is fenced pasture and a spring-fed pond to easily accommodate livestock. The 8+ acres along the water's edge of the Watauga River feature 3 Riverfront Cabins, a River Event Shed, and a 17 site RV Campground. Idyllic location in the Trophy Trout Section of the river with views protected by Sycamore Shoals State Park, this area is famous for fly fishing and has become a fisherman's dream spot. Overmountain Victory National Historic Trail also runs on this side of the river. There is limitless potential and plenty of room for expansion. Each of the riverfront cabins, uniquely themed, have private waterside decks and fishing piers along the sparkling waters of the Watauga River. Cabin 1 - American Cabin, 570 sq ft, 1BR & loft/1BA; Cabin 2 - Outdoor Cabin, 570 sq ft, 1BR & loft/1 BA; Cabin 3 - Western Cabin, 616 sq ft, 2BR/2BA all on one level. The cabins and 17 RV sites are consistently rented and provide an excellent income opportunity. The River Shed is a great location for hosting events and all type of gatherings to provide additional income. Located in the historic, quaint town of Elizabethton with close proximity to Johnson City, Bristol, Asheville and Boone, NC with an abundance of area attractions. East Tennessee is known for its exceptional beauty and outdoor activities including hiking, biking, boating, fishing,whitewater rafting, canoeing, kayaking, golf, skiing and much more. While only minutes from the city, MVF offers its residents and guests an escape to serenity. Whether the next owner of this timeless piece of history chooses to carry on the tradition of a Multigenerational farm or capitalize on an excellent Investment Property, this amazing farm is truly a once in a lifetime opportunity!