354 Lakeview Dr Hornbeak, TN 38232-5122
This exceptional 1,900 square foot mixed-use property, constructed in 2023, is ideally situated on a 0.07-acre lot at 354 E Lakeview Dr, Hornbeak, TN, offering breathtaking views of Reelfoot Lake. The lodge boasts two bedrooms and two bathrooms, but its true strength lies in its versatile design. With nine beds and a large common area, it's perfectly suited for both personal enjoyment and lucrative rental income. Imagine waking up to stunning lakefront views from the expansive windows, or relaxing on the spacious deck overlooking the water. The property's convenient location near Samburg, TN, adds to its appeal. The inclusion of boat slips provides effortless access to the lake, enhancing the overall recreational experience. This turnkey opportunity presents a unique blend of comfort, convenience, and income potential, making it an ideal investment for those seeking a lakeside retreat with significant earning potential. The property is priced at $575,000 and offers a rare chance to own a piece of Reelfoot Lake's legendary beauty. Don't miss this chance to acquire a truly remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.