42 Oakleaf Trail
Tracy City, TN 37387
- 2 beds
- 2 baths
- 840 sqft
- ~1/2 acre lot
- $714 per sqft
- 2021 build
- – on site
Looking for the perfect chance to break into the lucrative Short-Term Vacation Rental (STVR) market? This is the opportunity you've been waiting for! Located in The Retreat at Waters Edge in Tracy City, TN—just an hour from Chattanooga and 1.5 hours from Nashville—this prime investment offers not just one, but TWO completely furnished income-generating properties. With a strong three year rental history, this hidden gem demonstrates consistent demand and reliable income and is drawing both vacationers and savvy investors seeking profitable, experience-driven stays. With two rental-ready properties, you have the potential to double your revenue stream, maximize occupancy, and cater to the growing demand for nature-inspired getaways. Guests will enjoy serene lakefront views, community docks, a playground, and cozy communal firepits, plus nearby access to Deer Lick Falls, Sunset Bluff, and 12,000+ acres of South Cumberland State Park for endless outdoor adventures. Each of these highly desirable tiny homes features 1 bed, 1 bath, a loft, and built-in bunk beds, comfortably sleeping six guests—now, double that, and you have space for a group of twelve—ideal for larger gatherings. Thoughtful upgrades including an electric fireplace, screened in porches, full kitchen, personal firepits and and an in-unit washer/dryer enhancing guest comfort and rental appeal. Located in a thriving rental-friendly community, this property sits on a serene 75-acre calm water lake, offering sought-after outdoor activities like fishing, kayaking, and canoeing. Guests can also enjoy nearby hiking trails including the popular Fiery Gizzard, antiquing, zip-lining, and concerts at The Caverns—all top attractions in the area. With its prime location near the University of the South, various State Parks and year-round tourism, this property presents an excellent opportunity for investors looking for a high-occupancy rental with strong income history.
Last checked:
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Last updated Apr 1, 2025
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MLS# 1510132 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2021
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New Construction:false
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Architectural Style:Modular
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Construction Materials:Vinyl Siding
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Stories Total:None
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Roof:Metal
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Basement:false
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Foundation Details:Block
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Exterior Features:Playground
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Patio And Porch Features:Deck, Porch - Covered, Porch - Screened, Screened
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Building Area Total:840.0
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Above Grade Finished Area:840.0
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:None
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Fireplace:true
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Fireplace Features:Electric
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Zoning Description:None
Room Dimensions
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Living Area:840.0
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Living Area Units:None
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Living Area Source:Owner
Location
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Directions:From US-41 turn left onto Colyar St, turn right onto Water's Edge Way, tiny homes are on the right.
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Latitude:35.260432
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Longitude:-85.748701
The Property
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Parcel Number:102j E 007.00
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Property Type:Residential
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Property Subtype:Mixed Use
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Direction Faces:None
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Possible Use:None
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Lot Features:Gentle Sloping
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Lot Size Acres:0.51
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Lot Size Area:0.51
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Lot Size Dimensions:76x304
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Lot Size SqFt:22215.6
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Lot Size Units:Acres
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Lot Size Source:None
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Additional Parcels:false
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Zoning:None
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Topography:None
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View:false
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Pool Private:No
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 260-9086
- Office phone:
- (423) 664-1600
Taxes
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Tax Legal Description:not listed
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Tax Annual Amount:1627.17
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Air, Electric
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Cooling:true
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
Appliances
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Appliances:Washer/Dryer Stacked, Refrigerator, Range Hood, Oven, Microwave, Free-Standing Electric Range
Schools
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Elementary School:Tracy City Elementary
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Elementary School District:None
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Middle Or Junior School:Tracy City Middle
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Middle Or Junior School District:None
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High School:Grundy County High
The Community
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Subdivision Name:The Retreat at Waters Edge
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Senior Community:false
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Community Features:Fishing, Lake, Playground
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Association:true
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Association Amenities:Electricity, Maintenance Grounds, Picnic Area, Playground, Trail(s)
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Association Fee:100.0
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Association Fee Frequency:Monthly
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Association Fee Includes:Maintenance Grounds
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:None
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Spa:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Driveway, Gravel
Monthly cost estimate
Asking price
$599,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,212
|
| Taxes | $135 |
| Insurance | $164 |
| HOA fees | $100 |
| Utilities | $100 See report |
| Total | $3,711/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/25
Apr 1, 2025
|
Listed / Active | CHTMLS | $599,900 | 14.3% (4.9% / YR) |
|
6/10/24
Jun 10, 2024
|
Price Changed | REALTRACS | ||
|
5/2/24
May 2, 2024
|
Price Changed | REALTRACS |
