$3,750,000

Luxury Estate With Guest House

  • 6 Beds
  • 7 Baths
  • 9,464 Sqft
  • Updated: August 5
  • 26
  • MLS#9957735

About the Property

THIS IS HUGE! THE SELLER IS OFFERING A $500,000 UPDATE ALLOWANCE AT CLOSING! A truly extraordinary opportunity awaits at this exceptional luxury estate featuring two homes situated on approximately 12 acres of meticulously landscaped grounds. The main residence showcases refined craftsmanship and timeless sophistication throughout. Built by the Seller as his personal home means no detail was overl
THIS IS HUGE! THE SELLER IS OFFERING A $500,000 UPDATE ALLOWANCE AT CLOSING! A truly extraordinary opportunity awaits at this exceptional luxury estate featuring two homes situated on approximately 12 acres of meticulously landscaped grounds. The main residence showcases refined craftsmanship and timeless sophistication throughout. Built by the Seller as his personal home means no detail was overlooked. A grand entry welcomes you into expansive living spaces, walls of windows that fill the home with natural light. The gourmet chef’s kitchen is a culinary masterpiece, featuring premium appliances, custom cabinetry, and an oversized island designed for everyday use or effortless entertaining. The primary suite features a spa-inspired bath, an expansive walk-in closet, and a cozy sitting or reading alcove. Additional bedrooms and a lower-level apartment create multiple and flexible living spaces for family and guests alike. Completing the estate are detached garages, a fitness center, tennis courts that could be easily converted for pickleball, a spectacular resort-style pool and pool house, and an incredible two-story heated and cooled bus garage with ample space for RVs, collector vehicles, lawn equipment, hobbies, and more. The fully independent second residence has its own private gated entrance, 3 bedrooms, 2 baths, formal dining room, kitchen/great room area. It offers outstanding flexibility as a guest house, private office, studio, in-law residence, or a rental. One of the estate’s most valuable and unique features is that the guest house sits on its own separately surveyed parcel. This provides a rare opportunity for a future owner to potentially sell the guest house separately, creating the possibility of substantially offsetting the purchase price and recapturing a significant portion of the initial cash investment while continuing to enjoy the main estate. Opportunities like this are exceptionally rare in luxury real estate. With the added benefit of a $500,000 seller update allowance at closing, you have the rare opportunity to customize the property to your style or maybe even use it for a downpayment. For buyers seeking even greater potential, the estate’s dual-residence design and picturesque setting create endless possibilities. Whether envisioned as a private family compound, an executive retreat, a boutique event venue for weddings and special occasions (subject to local approvals), or an income-producing property, this estate offers unmatched flexibility. This is far more than a luxury home, it’s a lifestyle investment offering elegance, flexibility, income potential, and exceptional long-term value. Properties offering this combination of luxury, acreage, multiple residences, business potential, and the ability to leverage a separately surveyed second home are truly one of a kind.
  • Property type

    House

  • Price/sqft

    $396

Features

  • Garage
  • Walk In Closet
  • Garden
  • Fitness Center / Gym
  • Tennis Court
  • Pool
  • Investment Property
  • Office

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124 Cross Community Rd, Bristol, Tennessee, United States View on Google Maps
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Debra Kennedy -

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Debra Kennedy -
Tennessee, United States
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3
Listings
2023
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Debra Kennedy - Prestige Homes of the Tri Cities, Inc
37620, Bristol, Tennessee, United States
View agency profile
Last updated
August 5
First listed
Oct 10, 2023
Listing reference
107876
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