109 Mariners Pointe Dr
Crossville, TN 38555

MOTIVATED SELLER! PRICED SUBSTANTIALLY BELOW APPRAISED VALUE! Beautiful lakefront property located in the upscale neighborhood of Holiday Hills in Crossville, Tennessee, that consists of approximately 17.21 acres (owner may be willing to divide upon acceptable terms). Currently located on the property is an activity center with restaurant, 23 one-bedroom units that are pool side, 2 studio units that are pool side, 2 efficiency units that are parking side, 8 two-bedroom townhome units that are lakeside, a marina building, and a 960+/- sf laundry building with a lower level garage. Inside the activity center you will find office space, meeting room, indoor spa, and fitness center. Also located on the property is an 18-hole miniature golf course, marina with floating dock, beach/lake swimming areas, pools, tennis courts, and basketball court/play area. The property encompasses about 1600 ft of shoreline on the unique Cumberland Plateau, overlooking the 230-acre Lake Holiday. There are 5 buildings for occupancy on the Resort campus, with 49,363+/- sf of climate-controlled space. The Resort is located only 4 miles from I-40 via Northside Drive, a newly constructed 3-lane access road. The property, originally developed in 1968 as a country club, was reconstructed and expanded with new development as a timeshare resort destination from 1981 until 2016. Current suggested uses include an apartment community, retirement community, condominium complex, and/or multiple other uses. On Lake Holiday's shore, there is one 2-level frame building totaling 9,248+/- sf, containing eight 2 bedroom condominium units of 1,156+/- sf each with docking. The Marina building (1987) contains 1,562+/- sf, plus a covered fishing pier. The Marina serves a floating aluminum dock with 12 slips near the electronically controlled, gated access ramp into the lake. The Marina area accesses the 1000' boardwalk, which takes you past the 18-hole lakeside miniature golf course, to the beach activity area, containing approx 500' of shoreline. The property neighbors the Crossville Memorial Airport as well as the Cumberland County Playhouse, which is 1 of the 10 largest professional theaters in rural America. It serves more than 145,000 visitors annually.