107 Lay Hollow Rd

Sharps Chapel, TN 37866

$3,100,000
Price
3
Beds
1
Bath
1,624 Sq. Ft.
$1,909 / Sq. Ft.
1,624
Sq. Ft.
$1,909
per Sq. Ft.
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New
New

Description

Sharps Chapel Campground is a stabilized, income-producing asset on 103 and 107 Hollow Rd featuring 43 campground sites with long-term tenants, 52 self-storage units, an on-site laundromat, and a 1,624 SF single-family residence (3BR / 1BA) built in 1963. Currently operating at approximately 90% occupancy, the property benefits from a stable resident base of long-term campground tenants, creating recurring income and reducing turnover associated with transient campground operations. Currently operating...Sharps Chapel Campground is a stabilized, income-producing asset on 103 and 107 Hollow Rd featuring 43 campground sites with long-term tenants, 52 self-storage units, an on-site laundromat, and a 1,624 SF single-family residence (3BR / 1BA) built in 1963. Currently operating at approximately 90% occupancy, the property benefits from a stable resident base of long-term campground tenants, creating recurring income and reducing turnover associated with transient campground operations. Currently operating at approximately 90% occupancy, the property benefits from a stable resident base of long-term campground tenants, creating recurring income and reducing turnover associated with transient campground operations ~90% Occupied
The property also presents a compelling value-add opportunity, with ownership planning expansion that includes:
​14 additional camper pads
​25 new RV parking spaces
Located near the recreational draw of Sharps Chapel and Norris Lake, the asset benefits from steady regional demand and continued long-term occupancy trends.
  1. Listed by Tony Puglisi • MRG Realty Partners
    P: (865)-806-4310 C: (865)-806-4310 tony@mrgrealtypartners.com
  2. Listed by Drew Lekowski • MRG Realty Partners
    P: (615)-522-3973 C: (615)-522-3973 drew@mrgrealtypartners.com

Property Details for 107 Lay Hollow Road

Subdivision Name
None
Waterfront
No
LISTING UPDATED: 06/26/2026 03:13 PM

Property Details for 107 Lay Hollow Road

StatusActive
MLS #3250984
Days on Market1
Taxes$3,627 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size-
CountyUnion County
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Location

Listing Courtesy of MRG Realty Partners, Tony Puglisi (865.806.4310); MRG Realty Partners, Drew Lekowski (615.522.3973)
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Building Information for 107 Lay Hollow Road

Stories1Residences96Year Built1963Building Size-Lot Size-

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$15,750 per month

30 year fixed, 6.36% Interest

Principal and Interest

$15,448

Property Taxes

$302

HOA Dues

$0

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Property Information for 107 Lay Hollow Road

Summary
Location and General Information
  • Directions: Take Hwy 33 to Sharps Chapel. Turn left onto Sharps Chapel Rd. Follow down to the corner of Sharps Chapel Rd and Lay Hollow Rd. The home is on the right.
  • Elementary School: Sharps Chapel Elementary
  • High School: Union County High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: H Maynard Middle School
  • Mlg Can View: Yes
  • Zoning: None
Parking
  • Total Non Garage Parking Spaces: 43.0
  • Garage Spaces: .00
  • Parking Features: Detached, Gravel
  • Parking Total: 44.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Carpet, Wood, Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 027 03000 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Frame
  • Documents Count: 0
  • New Construction: No
  • Possession: Immediate
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Laundry Features: Share
Exterior Features
  • Attached Garage: No
  • Carport Spaces: 1
  • Carport: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Steel
  • View YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 96
Unit 1
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 0
Unit 3
  • Unit Type Actual Rent: $400.00
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 0
Unit 4
  • Unit Type Actual Rent: $450.00
Rental Information
Rental Information
  • Rent Includes: Electricity, Water
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $3,200

Property History for 107 Lay Hollow Road

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Listed (Active)

REALTRACS #3250984

$3,100,000—
Dec 19, 2024

Closed (Public Record)

Public Record #1547267751

$70,000

-45.5% / yr

Dec 30, 2021

Closed (Public Record)

Public Record #1480819486

$425,000

+23.6% / yr

DateEvent & SourcePrice
06/26/2026

Listed (Active)

REALTRACS #3250984

$3,100,000
12/19/2024

Closed (Public Record)

Public Record #1547267751

$70,000

-45.5% / yr

12/30/2021

Closed (Public Record)

Public Record #1480819486

$425,000

+23.6% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 107 Lay Hollow Road

Taxable ValueLand$7,075Additions$48,550Total$55,625
Tax Record2025$1,057 ($88 / month)
Home Facts
Beds0Total Finished SqFt1,624 SqFtAbove Grade Finished SqFt1,624 SqFtStories1Lot Size114,998 SqFtStyleSingle Family ResidenceYear Built1963CountyUNIONAPN027 03000Fireplace TypeHas Fireplace

Schools near 107 Lay Hollow Road

This home is within Union County School District.
Rating
School
Type
Grades
Distance
Sharps Chapel Elementary School
Public - PK to 5
H Maynard Middle School
Public - 6 to 8
Union County High School
Public - 9 to 12
Elementary Middle Alternative
Public - K to 8
Rating
School
Distance
Sharps Chapel Elementary School
PublicPK to 5

H Maynard Middle School
Public6 to 8

Union County High School
Public9 to 12

Elementary Middle Alternative
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 107 Lay Hollow Road, Sharps Chapel, TN 37866

107 Lay Hollow Road is a multi-family home for sale in Sharps Chapel, TN 37866. This property was listed for sale on June 26, 2026 by MRG Realty Partners, it's currently listed at $3,100,000. It has been on the market for a total of 1 days and was last sold on December 19, 2024. This listing's school district is Union County School District. Nearby schools include Sharps Chapel Elementary School, H Maynard Middle School and Union County High School. 107 Lay Hollow Road is a 3-bed, 1-bath, 1,624 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MRG Realty Partners, Tony Puglisi (865.806.4310); MRG Realty Partners, Drew Lekowski (615.522.3973)

Based on information submitted to the MLS GRID as of 06/26/2026 03:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.