4311 Grindstone Ridge Road
About This Property
This property offers a unique opportunity for a farm lifestyle, private retreat, or future development. It features stunning wooded areas, mountain views, and several potential building sites. The soothing sound of Mill Creek flows along the property, perfect for relaxing on the front porch.
For those interested in a homestead, the property includes electric fencing, a barn, a pole barn, and a greenhouse, providing ample space for gardening, livestock, or recreation.
The remodeled home features a brick exterior, shingle roof, two bedrooms, two bathrooms, and an attached one-car garage. A detached two-car garage offers additional parking and storage.
Whether you're looking to farm, invest, or unwind in the beauty of the Smoky Mountains, this 15+ acre property presents unique opportunities just minutes from Pigeon Forge. Enjoy hiking the wooded acreage, exploring building sites, or listening to Mill Creek while being close to local attractions.
Buyers should verify all information that is important to them including square footage, acreage, HOA, water/sewer type, and restrictions. Agent is a TN real estate agent.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Listed by Thompson Williams Properties | $995,000 | |
| Listed by Thompson Williams Properties | |||
| Nov 21, 2016 | Sold | ||
| Sold | |||
| Sep 26, 2016 | Listed by Smoky Mtns Real Estate, LLC | $319,900 | |
| Listed by Smoky Mtns Real Estate, LLC | |||
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First Time Offered !! A great Investment Opportunity. Home with Detached garage, Shed, Barn and over 20 Acres. Land is a mixture of flat, rolling and steep. The perfect private estate or subdivide and build gorgeous mountain cabins. Endless possibilities. Owner may consider lease purchase, call list agent for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017