Derek Watkins

License#: 133846

Riverfront Retreat on the Hiwassee - Income Potential, Adventure, and Serenity All in One! Welcome to 477 Perimeter Drive in Benton, Tennessee, where breathtaking views, outdoor adventure, and peaceful riverfront living come together on 1.8 acres with an impressive 306 feet of frontage along the beautiful Hiwassee River. Most recently operating as a successful Airbnb getaway, this spacious 4-bedroom, 2-bath home offers over 2,100 square feet of living space and endless possibilities as a primary residence, vacation home, or income-producing investment property. Inside, you'll find a warm and inviting atmosphere featuring granite countertops, hardwood and tile flooring, an open floor plan, and a cozy wood-burning fireplace perfect for gathering after a day on the river. The finished basement provides additional flexible living space, while the metal roof and all-brick exterior offer durability and low-maintenance ownership. Step outside and experience what makes this property truly special. Enjoy fishing, kayaking, tubing, or simply relaxing along your private stretch of the Hiwassee River. Surrounded by mature trees and stunning mountain and water views, this property feels like a secluded retreat while remaining conveniently accessible. Whether you're watching the river roll by from the deck, hosting guests around a campfire, or casting a line into some of East Tennessee's most renowned trout waters, this property delivers the lifestyle so many dream about. Located in the desirable Hiwassee Riviera Estates community, you'll be just minutes from hiking trails, waterfalls, wineries, and endless outdoor recreation opportunities. If you've been searching for a riverfront property with proven rental potential, incredible views, and room for family and friends, this East Tennessee gem is one you won't want to miss.

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Derek Watkins

General

  • Property Type: Single Family
  • Status: Active
  • MLS#: 3248267
  • List Price: $415,000
  • List Date: 06/24/2026
  • Year Built: 1974
  • County: Polk County, TN
  • Subdivision: Hiwassee Riviera Estates
  • Beds: 4
  • Full Bathrooms: 2
  • Sq. Ft.: 2,132
  • Lot Description: Other
  • Directions: From Cleveland, take US-11 North/Keith Street NW for approximately 10 miles. Turn right onto TN-163 East and continue for 13 miles. Turn right onto Highway 411 South and travel 1.6 miles. Turn right onto Woodbine Drive, then immediately turn right onto Easterly Avenue. Continue for 0.2 miles and turn left onto Perimeter Road. Travel approximately 0.1 miles, and 477 Perimeter Road will be on your right.

Interior Features

  • Interior Features: Ceiling Fan(s)

Schools

  • Middle: Chilhowee Middle School
  • High: Polk County High School

Utilities

  • Cooling: Ceiling Fan(s)
  • Water: Public
  • Sewer: Septic Tank
  • Heating: Central, Electric
 

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