587 Lakes Road

Active

$1,550,000

Est: $8,480/moGet pre-approved

4 beds4 baths11,400 sqft

587 Lakes Rd, Tracy City, TN 37387

Multi FamilyProperty Type

47 acresLot Size

1946Year Built

$136/sq ftPrice per sq ft

Description

Back in time just in time for peak season! Is a wedding venue, yoga treat, or Airbnb compound on your investment wish list? If so, you do not want to miss this one! The second you pull past the security gate and escape into the hill, you will be met by a wonderland of handcrafted cabins & barn style venue spaces. This one truly is unique. Within a few minutes of Fiery Gizzard and some of the better waterfalls the Cumberlands have to offer. To say this camp has been renovated would be an understatement....Back in time just in time for peak season! Is a wedding venue, yoga treat, or Airbnb compound on your investment wish list? If so, you do not want to miss this one! The second you pull past the security gate and escape into the hill, you will be met by a wonderland of handcrafted cabins & barn style venue spaces. This one truly is unique. Within a few minutes of Fiery Gizzard and some of the better waterfalls the Cumberlands have to offer. To say this camp has been renovated would be an understatement. The entire was tastefully designed by local designers, artists, as local craftsmen & is ready for the enjoyment of your guests. Featuring 10 fully remodeled cabins, 2 expandable entertainment barns as well as expandable structures that could be converted to more cabins. Laundry facilities on site allows for efficient management for short term rentals, weddings, or fitness retreats alike. Most exciting is the space to grow! With a sprawling 47 acres - with a designated area ready to be fitted to be an RV park, or wherever your imagination takes you! Majority of land is secluded allowing infinite possibilities for more cabins, glamping, rustic campsites, or recreational activities. The camp features its own access to Grundy Lake & has tons of expansive space for making smores, outdoor yoga or suited for your concept. The camp is fully staffed & has a laundry facility onsite for ease of operation. Down below there is additional plumbed in area where horse stalls used to be, with power onsite. The business will convey a social media account with 55k organic followers. Please do not drive by without a scheduled appointment out of respect for guests as this is an active camp. Buyer responsible for any information deemed important. Any inquiry into financials will require a signed NDA.

228 days on Market

Listed by: Daniel Vaks • Real Estate Partners Chattanooga LLC

Last updated: 08/02/2026 05:58 PM • Source: Greater Chattanooga Association of REALTORS, MLS#: 1529612

Location

Listing Courtesy of Real Estate Partners Chattanooga LLC, Daniel Vaks (423.417.1414)

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OriginPoint Mortgage or Rocket Mortgage¹

$8,480 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,275

Property Taxes

$206

HOA Dues

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Property Information for 587 Lakes Road

Property Details

Taxes: $2,468 / year
MLS Type: Residential Income / Mixed Use
County: Grundy County
Architectural Style: Other
Waterfront: Yes

Building Information

Stories: 1
Residences: 10
Year Built: 1946
Lot Size: 47.00 AC / 2,047,320 SF

Summary

Location and General Information

City: Tracy City
County Or Parish: Grundy

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
Latitude: 35.2647
Longitude: -85.719098
Postal Code: 37387
State Or Province: TN
Subdivision Name: None
Flood Zone : Yes: Yes
Road : Gravel: Yes
Road : Paved: Yes

Taxes and HOA

Tax Legal Description: SEE 120 PG 533-535-537
Additional Parcels: No

Parcel Number: 102 06000 000
Association Fee: $0
Association: No
Tax Annual Amount: $2,468

School Information

Middle Or Junior School: Tracy City Middle
High School: Grundy County High

Elementary School: Tracy City Elementary

Parking

Attached Garage: No

Property

Lot Information

Lot Features: Irregular Lot, Many Trees, Paved, Private, Secluded, Sloped, Views, Wooded
Lot Size Dimensions: IRR

Lot Size Acres: 47.0
Living Area Source: Tax Records
Lot Size Square Feet: 2047320.0
Building Area Total: 11400.0
Lot Size Units: Acres
Living Area: 11400.0

Property and Assessments

Property Type Label: Residential Income
New Construction: No

Floor Plans Count: 0
Year Built: 1946
Property Type: Residential Income
Property Sub Type: Mixed Use

Utilities

WaterSewer : Septic Tank: Yes
Water Source: Public

Interior and Exterior Features

Exterior Features

Senior Community: No
Construction Materials: Wood Siding

Community Features: Clubhouse, Gated, Lake, Tennis Court(s), Other
Parking Features: Gravel, Off Street
Exterior Features: Balcony, Barbecue, Courtyard, Fire Pit, Outdoor Grill, Playground, Private Entrance, RV Hookup, Storage, Tennis Court(s), Uncovered Courtyard
Roof: Metal
Roofing : Metal: Yes

Interior Features

Fireplace: No
Bedrooms Total: 4

Appliances: Oven, Microwave, Electric Water Heater, Dryer
Bathrooms Total Integer: 4
Bathrooms Total Decimal: 4.0
Bathrooms Total Notational: 4.0
Cooling: Yes
Heating: Yes
Foundation Details: Block
Cooling: Ceiling Fan(s), Varies by Unit
Heating: Electric, Exhaust Fan
Levels: One
Interior Features: Breakfast Nook, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Plumbed
Flooring: Wood
Stories: 1
Green Features : Dryer: Yes
Green Features : Microwave: Yes
Green Features : Refrigerator: Yes
Dining : Breakfast Nook: Yes

Room Information

Room 1

Description: one story cabin

Room 2

Description: 1 Story Cabin

Room 3

Description: 1 Story Cabin

Room 4

Description: 1 Story Unit

Room 5

Description: 1 Story Cabin

Room 6

Description: 1 Story Cabin

Room 7

Description: 1 Story Cabin

Room 8

Description: 1 Story Cabin

Room 9

Description: 1 Story Cabin

Room 10

Description: 1 Story Cabin

Multi Family

Multi-Family Information

Number Of Units Total: 10

Unit 1

Unit 1 : Bedrooms: 0
Unit 1 Features : Den: No

Unit 1 Features : Efficiency: No
Unit 1 Features : Kitchen: Yes
Unit 1 Features : Microwave: Yes
Unit 1 Features : Refrigerator: Yes
Unit 1 Features : Separate Dining: No

Unit 2

Unit 2 : Bedrooms: 1
Unit 2 Features : Den: No

Unit 2 Features : Efficiency: No
Unit 2 Features : Microwave: Yes
Unit 2 Features : Refrigerator: Yes
Unit 2 Features : Separate Dining: No

Unit 3

Unit 3 : Bedrooms: 2
Unit 3 Features : Kitchen: Yes

Unit 3 Features : Den: No
Unit 3 Features : Efficiency: No
Unit 3 Features : Living Room: Yes
Unit 3 Features : Microwave: Yes
Unit 3 Features : Refrigerator: Yes
Unit 3 Features : Separate Dining: Yes

Unit 4

Unit 4 : Bedrooms: 1
Unit 4 Features : Kitchen: Yes

Unit 4 Features : Efficiency: Yes
Unit 4 Features : Living Room: Yes
Unit 4 Features : Microwave: No
Unit 4 Features : Refrigerator: Yes
Unit 4 Features : Separate Dining: No

Rental

Rental Information

Tenant Pays: None
Pets Allowed: Yes

Property History for 587 Lakes Road

Date	Event & Source	Price	Appreciation
Jul 8, 2026	Price Change Greater Chattanooga Association of REALTORS #1529612	$1,550,000	—
May 27, 2026	Price Change Greater Chattanooga Association of REALTORS #1529612	$1,750,000	—
Mar 2, 2026	Listed (Active) Greater Chattanooga Association of REALTORS #1529612	$1,799,995	—
Jan 25, 2026	Withdrawn REALTRACS #2889588	$1,999,995	—
Jan 24, 2026	Withdrawn Greater Chattanooga Association of REALTORS #1510398	$1,999,995	—
May 21, 2025	Price Change REALTRACS #2889588	$2,300,000	—
Apr 3, 2025	Listed (Active) Greater Chattanooga Association of REALTORS #1510398	$2,300,000	—
Apr 26, 2022	Closed REALTRACS #2292989	$1,250,000	—
Apr 25, 2022	Closed Greater Chattanooga Association of REALTORS #1353893	$1,250,000	—
Apr 25, 2022	Contract - Not Showing Greater Chattanooga Association of REALTORS #1353893	—	—
Apr 25, 2022	Listed (Active) Greater Chattanooga Association of REALTORS #1353893	$1,250,000	—
Mar 31, 2022	Contract - Not Showing REALTRACS #2292989	—	—
Mar 30, 2022	Contract - Showing REALTRACS #2292989	—	—
Feb 9, 2022	Listed (Active) REALTRACS #2292989	—	—
Jan 23, 2022	Contract - Showing REALTRACS #2292989	—	—
Oct 1, 2021	Listed (Active) REALTRACS #2292989	—	—
Sep 18, 2021	Listed (Active) REALTRACS #2292989	$1,300,000	—
Mar 31, 2018	Expired REALTRACS #1871118	$475,000	—
Mar 31, 2018	Expired REALTRACS #1870912	$475,000	—
Oct 10, 2017	Listed (Active) REALTRACS #1871118	$475,000	—
Oct 9, 2017	Listed (Active) REALTRACS #1870912	$475,000	—

Date	Event & Source	Price
07/08/2026	Price Change Greater Chattanooga Association of REALTORS #1529612	$1,550,000
05/27/2026	Price Change Greater Chattanooga Association of REALTORS #1529612	$1,750,000
03/02/2026	Listed (Active) Greater Chattanooga Association of REALTORS #1529612	$1,799,995
01/25/2026	Withdrawn REALTRACS #2889588	$1,999,995
01/24/2026	Withdrawn Greater Chattanooga Association of REALTORS #1510398	$1,999,995
05/21/2025	Price Change REALTRACS #2889588	$2,300,000
04/03/2025	Listed (Active) Greater Chattanooga Association of REALTORS #1510398	$2,300,000
04/26/2022	Closed REALTRACS #2292989	$1,250,000
04/25/2022	Closed Greater Chattanooga Association of REALTORS #1353893	$1,250,000
04/25/2022	Contract - Not Showing Greater Chattanooga Association of REALTORS #1353893	—
04/25/2022	Listed (Active) Greater Chattanooga Association of REALTORS #1353893	$1,250,000
03/31/2022	Contract - Not Showing REALTRACS #2292989	—
03/30/2022	Contract - Showing REALTRACS #2292989	—
02/09/2022	Listed (Active) REALTRACS #2292989	—
01/23/2022	Contract - Showing REALTRACS #2292989	—
10/01/2021	Listed (Active) REALTRACS #2292989	—
09/18/2021	Listed (Active) REALTRACS #2292989	$1,300,000
03/31/2018	Expired REALTRACS #1871118	$475,000
03/31/2018	Expired REALTRACS #1870912	$475,000
10/10/2017	Listed (Active) REALTRACS #1871118	$475,000
10/09/2017	Listed (Active) REALTRACS #1870912	$475,000

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

Public Records for 587 Lakes Road

Taxable Value

Land

$2,840

Additions

$7,800

Total$10,640

Tax Record

2025

$191 ($16 / month)

Home Facts

Lot Size

55,321 SqFt

Style

Miscellaneous Commercial

County

GRUNDY

APN

102 06001

Schools near 587 Lakes Road

This home is within Grundy County School District.


Rating	School	Type	Grades	Distance
4/10	Tracy Elementary School	Public - Nearby school	PK to 8	1.8 mi
4/10	Grundy County High School	Public - Nearby school	9 to 12	7.6 mi
NR	Coalmont Elementary School	Public - Nearby school	PK to 8	5.7 mi
6/10	Pelham Elementary School	Public - Nearby school	PK to 8	9.8 mi
6/10	Swiss Memorial Elementary School	Public - Nearby school	PK to 8	10.1 mi
7/10	North Elementary School	Public - Nearby school	PK to 8	10.4 mi


Rating	School	Distance
4/10	Tracy Elementary School PublicPK to 8 Nearby school	1.8 mi
4/10	Grundy County High School Public9 to 12 Nearby school	7.6 mi
NR	Coalmont Elementary School PublicPK to 8 Nearby school	5.7 mi
6/10	Pelham Elementary School PublicPK to 8 Nearby school	9.8 mi
6/10	Swiss Memorial Elementary School PublicPK to 8 Nearby school	10.1 mi
7/10	North Elementary School PublicPK to 8 Nearby school	10.4 mi

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 587 Lakes Road, Tracy City, TN 37387

587 Lakes Road is a multi-family home for sale in Tracy City, TN 37387. This property was listed for sale on March 3, 2026 by Real Estate Partners Chattanooga LLC, it's currently listed at $1,550,000. It has been on the market for a total of 228 days and was last sold on April 26, 2022. This listing's school district is Grundy County School District. Nearby schools include Tracy Elementary School, Grundy County High School and Coalmont Elementary School. 587 Lakes Road is a 4-bed, 4-bath, 11,400 sqft multi-family home built in 1946.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.