2285 Hwy 321
Hampton, TN 37658
Watauga Lakeshore Resort & Marina · Specialty Property For Sale
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10,000 SF
INVESTMENT HIGHLIGHTS
- Three parcels totaling 14.03+/- Deeded Upland Acres, including 4.73+/- vacant acres for potential development.
- 490-Slip "Clean Water" Marina - Total of 597 Units
- TVA water easement lease, beginning 1/1/2020 for 30 years.
PROPERTY FACTS
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 18.76 AC |
| Building Size | 10,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1961/2000 |
ABOUT 2285 HWY 321 , HAMPTON, TN 37658
Watauga Lakeshore is a family friendly resort and marina on one of the most beautiful lakes in Tennessee with incredible views of the hills in the Cherokee National Forest. Customers come to this marina from East Tennessee, western North Carolina, and Virginia. It is within an hour drive of several small to medium sized cities. The marina has been in operation for over 60 years by the same family, so it is a well known and established operation. Current slip occupancy is 94% as of February 2021. Watauga Lakeshore is a full-service marina, boat rentals, cabin rentals, motel units and the Captain's Table restaurant, certified mechanic boat repair, and Ship Store.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $173,720 | |
| Land Assessment | $123,880 | Total Assessment | $297,600 |
