22.16 Acres in Kingston, TN - $2,790,000

Discover a unique investment opportunity for commercial and development potential. This property offers ample commercial road frontage on Gallaher Road and has easy access to city water, septic and utilities. This income-producing equestrian property is just half a mile to I-40, With ample space for expansion, this land is an exceptional investment opportunity, prime for residential or commercial development. Currently operating as a Boarding, Training/Lesson facility with equine layovers this farm has camper/RV hook ups for power, water and sewer making it a convenient destination for equine travelers. This facility is currently generating ~$20,000 monthly from boarding, rent/Airbnb, and layovers. Equestrian amenities include a 100x200 all-weather arena complete with lighting, PA system, WiFi access and adjacent trailer parking, camper hookups as well as an 80-foot round pen. The property is fully fenced with large and small pastures providing space for turnout, pasture board and proper pasture rotation. The barn is equipped with 15 spacious 12x12 stalls each with power for fans and lights, two 12x24 foaling stalls, a large matted aisle way, multiple cross ties, and hot and cold water. Boarders will appreciate the private locked tack rooms, large feed room, restroom, laundry, and flex/lounge space upstairs. With multiple paddocks featuring run-ins and stall access, horses are able to be both inside and outside during all weather. There is a separate dedicated barn aisle designed for layover guests and their horses with direct access to turnouts. This farm is also outfitted with five camper hookups for overnight guests, a dedicated hay barn, shavings storage, manure pit, hot walker area and additional storage buildings. Trails throughout the wooded acreage allow for leisure riding, while fruit trees, including nectarine, cherry, pecan and apple, enhance the serene setting. The main residence is a spacious basement ranch featuring a wide open redesigned kitchen, oversized living room overlooking the pastures and pond and a master suite with a large walk-in closet. Additional highlights include a mudroom, dining area, and a play loft in the living room. The finished basement offers a dog grooming area, a craft room, a bar, and extra living quarters. Outside, enjoy an above-ground pool and pool house, all within a fully fenced yard. The second home has 3 bedrooms, 2 bathrooms, and new LVP flooring, windows and roof. The home also features a large garage and wrap around porch. This home provides comfortable additional housing for staff, family members or can serve as rental potential. This versatile farm is move-in ready for owners that want extra elbow room or is the perfect canvas for investors and developers. Schedule a private tour today to experience the exceptional opportunities this farm has to offer!