701 Bailey Lane

Closed 6/30/25
Closed 6/30/25
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Sold
Last Sold Price
$495,000
3 beds1,382 sqft
701 Bailey Ln, Erwin, TN 37650
Single FamilyProperty Type
12.73 acresLot Size
1957Year Built
$358/sq ftPrice per sq ft

Description

Riverfront Retreat on 12.73± Acres - 701 Bailey Lane, Erwin, TN
Welcome to your private East Tennessee oasis! Nestled on 12.73± acres with over 700 feet of pristine Nolichucky River frontage, this unique property offers endless possibilities—whether you're looking for a serene homestead, income-generating opportunity, or a recreational getaway. The charming 3-bedroom, 1-bathroom home features 1,382 finished square feet upstairs and a 1,252 sq ft unfinished basement, giving you room to expand or customize...Riverfront Retreat on 12.73± Acres - 701 Bailey Lane, Erwin, TN

Welcome to your private East Tennessee oasis! Nestled on 12.73± acres with over 700 feet of pristine Nolichucky River frontage, this unique property offers endless possibilities—whether you're looking for a serene homestead, income-generating opportunity, or a recreational getaway. The charming 3-bedroom, 1-bathroom home features 1,382 finished square feet upstairs and a 1,252 sq ft unfinished basement, giving you room to expand or customize to your needs. Even better, the home is being sold fully furnished, making it truly move-in ready. Outside, you'll find everything you need for work or play, including a large barn and a spacious 2,800 sq ft 4-bay shop, already plumbed for a boiler heating and cooling system—perfect for a workshop, event space, or future conversion. With no city taxes and located just minutes from downtown Erwin and I-26, you'll enjoy peace and privacy without sacrificing convenience. Whether you're envisioning an RV campground, wedding venue, or simply a private riverside retreat, this one-of-a-kind property is full of potential. Don't miss your chance to own a slice of paradise in the mountains of Northeast Tennessee. All information is deemed reliable, but not guaranteed. Buyer / Buyers agent to verify any / all information.
  • Listed by: Michael Baker • Greater Impact Realty Erwin
Listing closed: 06/30/2025 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 9979539

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Recent comparable sales

Median sold price

$236,000

Avg days on market

89

Sale-to-list ratio

94.4%

Erwin, TN

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Listing Courtesy of Greater Impact Realty Erwin, Michael Baker (423.948.7661)

Sold By Greater Impact Realty Erwin, Michael Baker (423.948.7661)

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Property Information for 701 Bailey Lane

Property Details
  • Taxes: $1,830 / year
  • MLS Type: Residential / Single Family Residence
  • County: Unicoi County
  • Architectural Style: Cabin, Cottage
  • View: Water, Mountain(s)
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Subdivision: Not In Subdivision
Building Information
  • Year Built: 1957
  • Lot Size: 12.73 AC / 554,518 SF
Summary
Location and General Information
  • City: Erwin
  • County: Unicoi
  • Directions: Off Chestoa Pike Turn RIGHT onto Adkins lane then take an immediate LEFT onto Bailey Ln. See sign.
  • Latitude: 36.11
  • Longitude: -82.44
  • Postal Code: 37650
  • State Or Province: TN
  • Topography: Sloped
  • MLS Area Major: 311 - Unicoi County
  • MLS Area Minor: 311 - Unicoi County
  • General Property Description : Zoning: n/a
Taxes and HOA Information
  • Tax Book Number: 264
  • Association: No
  • Parcel Number: 039 014.00
  • Association Fee: 0.0
  • General Property Description : Deed Book: 264
  • General Property Description : Deed Page: 283
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,829.96
School Information
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co
  • Elementary School: Love Chapel
Property
Lot Information
  • Lot Size Dimensions: 12.73 acres
  • Lot Size Square Feet: 554,518.80
  • Lot Size Acres: 12.73
  • Lot Size Area: 12.73
  • Lot Size Units: Acres
  • Living Area: 1,382.00
  • Building Area Total: 2,634.00
  • General Property Description : Acres: 12.73
  • General Property Description : Above Grade SqFt: 1382.0
  • General Property Description : Total SqFt Unfinished: 1252.0
  • SqFt Details : Finished SqFt Level: 1382
  • SqFt Details : Basement Total SqFt: 1252
  • SqFt Details : Garage Total SqFt: 0
Property and Assessments
  • Property Condition: Average
  • Property Type: Residential,Single Family Residence
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Property Type Label: Residential
  • New Construction: No
  • Showing Instructions : Sign: Yes
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Bathrooms Total Decimal: 1.00
  • Rooms Total: 7
  • Bathrooms Total Integer: 1
  • Bathrooms Total Notational: 1.00
  • Cooling: Yes
  • Heating: Yes
  • BedroomsTotal: 3
  • Bathrooms Full: 1
Exterior Features
  • Construction Materials: Log
  • Roof: Metal
  • Window Features: Double Pane Windows
  • Heating : Heat Pump: Central
  • Senior Community: No
  • Walls : Drywall: Yes

Property History for 701 Bailey Lane

DateEvent & SourcePriceAppreciation
Jun 30, 2025

Closed (Public Record)

Public Record #1903102331

$495,000—
Jun 30, 2025

Closed

Tennessee Virginia Regional MLS #9979539

$495,000—
Apr 30, 2025

Contract - Not Showing

Tennessee Virginia Regional MLS #9979539

—
DateEvent & SourcePrice
06/30/2025

Closed (Public Record)

Public Record #1903102331

$495,000
06/30/2025

Closed

Tennessee Virginia Regional MLS #9979539

$495,000
04/30/2025

Contract - Not Showing

Tennessee Virginia Regional MLS #9979539

—

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

Public Records for 701 Bailey Lane

Taxable ValueLand$26,450Additions$20,225Total$46,675
Tax Record2025$1,218 ($102 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,382 SqFtAbove Grade Finished SqFt1,382 SqFtStories1Lot Size554,519 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1986CountyUNICOIAPN039-014.00

Schools near 701 Bailey Lane

This home is within Unicoi County School District.
Rating
School
Type
Grades
Distance
Love Chapel Elementary School
Public - K to 5
Unicoi County Middle School
Public - 6 to 8
Unicoi County High School
Public - 9 to 12
Rating
School
Distance
Love Chapel Elementary School
PublicK to 5

Unicoi County Middle School
Public6 to 8

Unicoi County High School
Public9 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 701 Bailey Lane, Erwin, TN 37650
$495,000
3
1,382
554,518
100 Robert Ledford Road, Erwin, TN 37650
–
–
3
1,984
640,332
2060 Temple Hill Road, Erwin, TN 37650
–
–
2.5
3,744
34,848
2070 Temple Hill Road, Erwin, TN 37650
–
–
2
2,013
33,409
850 Adkins Lane, Erwin, TN 37650
$155,000
3
1,932
174,240
2113 Chestoa Pike, Erwin, TN 37650
–
–
–
924
–

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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.

Listing Courtesy of Greater Impact Realty Erwin, Michael Baker (423.948.7661)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 06/30/2025 10:11 AM