If you’re searching for a property with acreage, privacy, and the opportunity to create your dream country retreat, this 3-bedroom, 2-bath home on 10.16 acres deserves a closer look. Priced at just $150,000, this property offers an excellent opportunity for investors, renovators, or buyers looking to customize a home to their own preferences while enjoying the beauty of a peaceful rural setting.
Located at 380 Shady Lane in Gainesboro, Tennessee, the home sits on a scenic 10.16-acre lot surrounded by mature trees and natural landscapes. One of the standout features of the property is its creek access, providing a tranquil setting and adding to the overall appeal of the acreage. Whether you’re looking for a private homestead, a weekend getaway, or a renovation project with long-term potential, this property offers plenty of possibilities.
The home contains approximately 1,008 square feet of living space and includes 3 bedrooms and 2 bathrooms. While the property requires rehabilitation and updates, it provides a solid foundation for someone willing to put in the work. The existing layout offers comfortable living space, and the unfinished basement creates an opportunity for even more usable square footage.
A major advantage of this property is the unfinished basement, which already includes two additional framed rooms. Once completed, these spaces could significantly expand the home’s functionality and living area. Whether used as extra bedrooms, a home office, recreation space, hobby rooms, or guest accommodations, the framed rooms provide flexibility for future improvements.
To help jump-start the renovation process, several materials will convey with an accepted offer. New flooring, bathroom vanities, and lighting fixtures are already available for the next owner, helping reduce some of the initial renovation costs. This added value makes the property even more attractive for buyers seeking an affordable project on substantial acreage.
The 10.16-acre parcel offers plenty of room for outdoor activities, gardening, recreation, or simply enjoying the natural surroundings. Mature trees provide shade and privacy, while the creek access enhances the property’s peaceful atmosphere. Opportunities to purchase a home with over 10 acres at this price point are becoming increasingly difficult to find, making this a noteworthy option for buyers seeking land and potential.
The property is being sold AS-IS, and the seller will make no repairs. Due to the unfinished rehabilitation work, financing options are limited to Conventional financing or Cash purchases only. Buyers should plan accordingly and perform their own inspections and due diligence.
With 3 bedrooms, 2 bathrooms, 1,008 square feet of living space, creek access, mature trees, and a beautiful 10.16-acre lot, this property offers tremendous potential for the right buyer. At a price of $150,000, it represents an affordable opportunity to transform a country home into a personalized retreat while enjoying the privacy and natural beauty that only acreage can provide.
Price: $150,000
Location: 380 Shady Ln, Gainesboro, TN 38562
Bedrooms: 3
Bathrooms: 2
Living Space: 1,008 Sq. Ft.
Lot Size: 10.16 Acres
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Listed in ZILLOWÂ
