Description
Investment Opportunity ! 5 parcels of land. One of the parcels is improved with home consisting of 4 Bedrooms, 2.5 Baths and approximately 2,166 sq. ft. heated and cooled. The property overlooks the main channel of Douglas Lake and has incredible views of the Great Smoky Mountains. You can have access to Douglas Lake, over 30,000 acres of recreational water directly behind these parcels of land. This is some of the last vacant land parcels overlooking Douglas Lake. These are beautiful building sites. Seller will not divide. The home only is in a ''Life Estate'' and the seller of the home will pay off the balance of the ''Life Estate'' and transfer his remaining interest free of all debt. The occupants of the home are family members of Bobbi Campbell the owner of the ''Life Estate''. At this time, it is not possible to see the inside of the home however from the vacant lots you can view the exterior home and the rest of the land. Buyers will be purchasing the property subject to the life estate that exists.
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4BEDS
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3.06ACRES
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2BATHS
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11/2 BATHS
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2,166SQFT
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$462$/SQFT
School Information
Description
Investment Opportunity ! 5 parcels of land. One of the parcels is improved with home consisting of 4 Bedrooms, 2.5 Baths and approximately 2,166 sq. ft. heated and cooled. The property overlooks the main channel of Douglas Lake and has incredible views of the Great Smoky Mountains. You can have access to Douglas Lake, over 30,000 acres of recreational water directly behind these parcels of land. This is some of the last vacant land parcels overlooking Douglas Lake. These are beautiful building sites. Seller will not divide. The home only is in a ''Life Estate'' and the seller of the home will pay off the balance of the ''Life Estate'' and transfer his remaining interest free of all debt. The occupants of the home are family members of Bobbi Campbell the owner of the ''Life Estate''. At this time, it is not possible to see the inside of the home however from the vacant lots you can view the exterior home and the rest of the land. Buyers will be purchasing the property subject to the life estate that exists.
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