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173 Rafter Rd, Tellico Plains, TN, 37385

16beds
17baths
5,746sqft
$2,500,000
$435price/sqft
$18,261/moest. monthly cost
$730,440/yrincome needed

About This Home

Tellico River Retreat & Event Center at 173 Rafter Rd is a rare, turn-key opportunity for short-term rental investors and event hosts alike. Purpose-built for large groups, this impressive lodge-style property sleeps up to 30 guests with 16 bedrooms and 16.5 baths, and commands nightly rental rates ranging from approximately $1,999 to $2,399. Each bedroom features its own private bathroom and individual climate control, creating a comfortable, hotel-like experience for every guest—ideal for multigenerational family gatherings, corporate groups, and retreats where privacy and personal comfort matter. Set just across the street from the Tellico River, the home's expansive decks and multiple outdoor seating areas offer sweeping river views, with riverfront parking directly along the water. Guests enjoy the soothing sounds and scenic beauty of the river from the large wraparound decks, private bedroom balconies, and covered verandas, making this property especially attractive for destination weddings, yoga and wellness retreats, business meetings, educational workshops, church groups, and family reunions. Ample paved parking, including room for motorcycles, easily accommodates larger groups and event traffic. Inside, the property features an open floor plan with cathedral ceilings, leather furnishings, and a warm lodge ambiance. The spacious game room and entertainment areas are designed for gathering and fun, with a pool table, foosball, card table, flat-screen TVs, cable, and DVD player. Multiple bars and generous common areas make it easy to host receptions, cocktail hours, or informal get-togethers. High-speed WiFi and USB plug-ins throughout support both leisure and business uses. The modern, stainless-steel kitchen is fully equipped to serve large parties, featuring double ovens, two side-by-side refrigerators, granite countertops, microwave, coffee maker with complimentary coffee, and ample prep and storage space.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

5/10

Construction

Condition

  • Year built: 2009

Materials

  • Construction materials: Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Oven,Washer
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Basement

  • Basement: Exterior Entry

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 17
  • Full bathrooms: 16
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s)
  • Flooring: Wood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Natural Gas,Other
  • Cooling features: Other,Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 5,746
  • Total interior livable area: 5,746 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: Eat-in Kitchen

Living Room

  • Features: Great Room
  • Level: Great Room

Other

  • Features: Breakfast Room
  • Level: Breakfast Room

Other

  • Features: Utility Room
  • Level: Utility Room

Property

Details

  • Parcel number: 146 09200 000
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Patio & porch: Patio,Porch,Covered
  • Exterior features: Balcony
  • On waterfront: Yes
  • Waterfront features: River Front
  • Topography of land: Other,Wooded

Lot

  • Lot size: 1.26 Acres
  • Features: Other,Wooded
  • Lot size dimensions: .

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Drought
Earthquake
Inland Flooding
Landslide
Tornado
Wildfire
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,641$151,692
Home Insurance $1,336$16,032
Property Taxes $3,818$45,816
Electricity $466$5,602
Total$18,261$219,132

Income You'd Need if You Spent...

35% on housing$626,091/yr
40% on housing$547,830/yr
45% on housing$486,960/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$435This listing

vs Other Active Listings

Avg $/sqft

ZIP 37385$193
Monroe County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 37385
Monroe County$215

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-13Price change$2,999,900
2025-08-06Listed for sale$3,000,000
2020-02-26Sold$130,000
2020-02-06Pending sale$199,900
2019-09-06Listed for sale$199,900

For Sale by Agent

AgentApril L Blankinship
BrokerageWallace

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