10-Cabin Short-Term Rental
For Sale
$1,550,000
587 Lakes Road, Tracy City, TN 37387
Residential Income, Tracy City, TN
Property Size11,400 SF
Lot Size47.00 Acres
Price / SF$135.96
Days on Market175
Property Features for 587 Lakes Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
Parking features
Off Street
Security features
Security
Patio and Porch features
Deck
Pets allowed
Yes
Interior features
Breakfast Nook, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Plumbed
Exterior features
Balcony, Barbecue, Courtyard, Fire Pit, Outdoor Grill, Playground, Private Entrance, RV Hookup, Storage, Tennis Court(s), Uncovered Courtyard
Appliances
Oven, Microwave, Electric Water Heater, Dryer
Lot features
Irregular Lot, Many Trees, Paved, Private, Secluded, Sloped, Views, Wooded
View
Lake
Elementary school
Tracy City Elementary
Middle school
Tracy City Middle
High school
Grundy County High
Directions
Take the ramp on the right for I-59 / I-24 West and head toward Birmingham / Nashville 7.7 mi Keep straight to stay on I-24 W / GA-409 W Entering Georgia 3.9 mi Keep straight
Standard status
Active
APN
102 06000 000
Size
11,400 SF
Lot size
47.00 Acres
Taxes and HOA fees
Tax Description
SEE 120 PG 533-535-537
Tax Annual Amount
2468
Legal Description
SEE 120 PG 533-535-537
Utilities
Sewer type
Septic Tank
Heating system
Exhaust Fan (Heating), Electric (Heating)
Cooling system
Ceiling Fan(s), Varies by Unit
Water source
Public
Water front
1
Amenities
security gate
laundry facilities
lake access
Building Details
Year built
1946
Floors in Building
1
Number of units
10
Flooring type
Wood
Building materials
Wood Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Real Estate Partners Chattanooga LLC
(423) 265-0088
Listed By:
Daniel Vaks · License #349079
(423) 417-1414
Added: Feb 28
Changed: Aug 22
Last Checked: Aug 22 at 10:06AM
MLS# 1529612
Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This short-term rental compound includes 10 remodeled cabins, two expandable entertainment barns, and additional structures that may support future cabin conversion. The improvements encompass approximately 11,400 square feet and feature wood siding, wood flooring, metal roofing, decks, balconies, courtyards, fire pits, a playground, tennis courts, storage, RV hookups, and off-street parking. On-site laundry, public water, septic service, electric heating, and unit-specific cooling support ongoing operations. The property was built in 1946 and includes a plumbed lower area with power that was previously used for horse stalls.
Set on 47 acres at 587 Lakes Road in Tracy City, the property includes private access to Grundy Lake and secluded land suitable for additional cabins, glamping, rustic campsites, recreational uses, or an RV area. Fiery Gizzard and area waterfalls are located within a few minutes. A social media account with 55,000 organic followers conveys with the business, which is fully staffed and operates as an active camp.
Set on 47 acres at 587 Lakes Road in Tracy City, the property includes private access to Grundy Lake and secluded land suitable for additional cabins, glamping, rustic campsites, recreational uses, or an RV area. Fiery Gizzard and area waterfalls are located within a few minutes. A social media account with 55,000 organic followers conveys with the business, which is fully staffed and operates as an active camp.
Key Highlights
- 10 remodeled cabins across approximately 11,400 square feet of improvements
- 47‑acre property with private access to Grundy Lake
- Two expandable entertainment barns plus additional structures for potential cabin conversion
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 37387, TN
4,089
Population
1,807
Households
2.3
Avg Household Size
44
Median Age
13%
College-Educated
81%
High-School Grad
74.2 sq mi
ZIP Area
55
Density / Sq Mi
$57,188
Median Household Income
$34,853
Median Earnings
$393
Median Rent
$123,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Mountain retreat property with event barns, lake access, on-site laundry, and room for additional accommodations.
Where is this short term rental property located?
The property is located at 587 Lakes Road Tracy City, TN.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 10 remodeled cabins across approximately 11,400 square feet of improvements; 47‑acre property with private access to Grundy Lake; Two expandable entertainment barns plus additional structures for potential cabin conversion
