M
Seller's Agent in 2025
Michael Baker
Greater Impact Realty Erwin
(423) 948-7661
81 Total Sales
3
Beds
1
Bath
1,382
Sq Ft
12.73
Acres
Highlights
- River Front
- Cottage
- Central Heating and Cooling System
- No HOA
- Double Pane Windows
About This Home
As of June 2025Riverfront Retreat on 12.73± Acres - 701 Bailey Lane, Erwin, TN
Welcome to your private East Tennessee oasis! Nestled on 12.73± acres with over 700 feet of pristine Nolichucky River frontage, this unique property offers endless possibilities—whether you're looking for a serene homestead, income-generating opportunity, or a recreational getaway.
The charming 3-bedroom, 1-bathroom home features 1,382 finished square feet upstairs and a 1,252 sq ft unfinished basement, giving you room to expand or customize to your needs. Even better, the home is being sold fully furnished, making it truly move-in ready.
Outside, you'll find everything you need for work or play, including a large barn and a spacious 2,800 sq ft 4-bay shop, already plumbed for a boiler heating and cooling system—perfect for a workshop, event space, or future conversion. With no city taxes and located just minutes from downtown Erwin and I-26, you'll enjoy peace and privacy without sacrificing convenience.
Whether you're envisioning an RV campground, wedding venue, or simply a private riverside retreat, this one-of-a-kind property is full of potential.
Don't miss your chance to own a slice of paradise in the mountains of Northeast Tennessee.
All information is deemed reliable, but not guaranteed. Buyer / Buyers agent to verify any / all information.
Last Agent to Sell the Property
Greater Impact Realty Erwin License #333409 Listed on: 04/30/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1957
Lot Details
- 12.73 Acre Lot
- River Front
- Sloped Lot
- Property is in average condition
- Property is zoned n/a
Property Views
- Water
- Mountain
Home Design
- Cottage
- Cabin
- Metal Roof
- Log Siding
Interior Spaces
- 1,382 Sq Ft Home
- Double Pane Windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Love Chapel Elementary School
- Unicoi Co Middle School
- Unicoi Co High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 039 014.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Jun 30, 2025
Sold by
Matthews Geza Carl
Bought by
Trey Moore Inc
Seller's Agent
Michael Baker
Greater Impact Realty Erwin
Buyer's Agent
Michael Baker
Greater Impact Realty Erwin
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,411
Avg. Annual Appreciation
-8.28%
Purchase Details
Closed on
Nov 24, 2003
Sold by
Bailey and Edwin
Bought by
Carl Matthews Geza
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | None Listed On Document | |
| Warranty Deed | $495,000 | None Listed On Document | |
| Deed | $180,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $495,000 | -5.7% | $358 / Sq Ft |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $525,000 | -- | $380 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $46,675 | $26,450 | $20,225 |
| 2024 | $1,830 | $70,100 | $34,375 | $35,725 |
| 2023 | $1,830 | $70,100 | $0 | $0 |
| 2022 | $1,648 | $70,100 | $34,375 | $35,725 |
| 2021 | $1,998 | $70,025 | $34,375 | $35,650 |
| 2020 | $1,879 | $70,025 | $34,375 | $35,650 |
| 2019 | $1,879 | $70,025 | $34,375 | $35,650 |
| 2018 | $1,879 | $70,025 | $34,375 | $35,650 |
| 2017 | $1,879 | $70,025 | $34,375 | $35,650 |
| 2016 | $1,746 | $65,075 | $31,125 | $33,950 |
| 2015 | $1,746 | $65,075 | $0 | $0 |
| 2014 | $1,746 | $65,075 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Baker
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9979539
APN: 039-01400-000
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Listing information is deemed reliable, but not guaranteed.
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