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

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. Sequoia Cottage, inspired by a local craftsman, with a perfect blend of old and new, has become a guest favorite. A rustic cottage with 1,600 square feet and four bedrooms features natural lighting, diagonal side walls, skylights and timber beams providing a cozy home away from home. The Conference Center offers an open, inviting area for business meetings, family reunions and weddings. The center will accommodate seating for approximately 100 people and is fully equipped with audio and video equipment and a kitchen. The Amphitheater boasts a majestic mountain backdrop and has staged many weddings, concerts and group gatherings seating up to 250 people on the hillside. Last but not least, the Watauga Overlook deck provides a breathtaking mountain and lake vista creating an enchanting ambiance. Whether it is hiking the nine miles of wilderness trails, scouting the nearby streams, fishing on Watauga Lake, rock climbing, mountain biking or simply enjoying the beauty of the terrain, Sugar Hollow Retreat will provide an unforgettable escape and adventure.

More Information MLS# 980307

Location, Tax & Legal Info

Area: Out of Area - 99 City/County Code: County Total Tax: 11813

Contract Info

Auction Y/N: No Listing Price: 2500000 Current Price: $1,600,000 Status: Closed Listing Date: 2016-09-30

Location

Outside City: 1

General Property Description

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

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: 1

Construction

Other: 1

Sale/Lease Includes

Building: 1 House: 1 Land: 1

Road Access

Public Road: 1 U.S. Highway: 1

Cooling

Central Cooling: 1 Other: 1

Utilities on Site

Electric: 1 Septic: 1

Fuel

Electric: 1 Propane: 1

Additional Info

Other: 1

Easements

Other: 1

Heat

Central: 1 Other: 1

Expenses Included

Other: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Location Tax Legal Info

House #: 197 Street Name: Elk Ridge State/Province: TN Zip Code: 37640 PIN #: 062 028.00 Geo Lat: 36.286937 Geo Lon: -81.986504

Status Change Info

Status Change Date: 2017-12-11 Under Contract Date: 2017-08-22 Sold Date: 2017-12-08 Sold Price: $1,600,000

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
Office Phone: 865-357-3232
Last Updated: December - 11 - 2017
197 Elk Ridge, Butler, TN 37640- MLS# 980307
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