Historic Cumberland Homesteads Opportunity in TN – Dual Homes on Scenic Acreage with Endless Potential

Here’s your chance to own a truly unique piece of Tennessee history set on 5.76 acres in Crossville, TN. Priced at $398,000, this property located at 1230 Deep Draw Rd, Crossville, TN 38555 offers not just one, but two homes along with multiple historic outbuildings—making it a rare opportunity for investors, renovators, or anyone looking to create something special in a highly desirable area.
Situated within the historic Cumberland Homesteads community, this 5.76-acre property in Crossville, TN carries deep roots dating back to the 1930s. The first home is a native stone house built during FDR’s New Deal era, one of roughly 200 remaining homes from that period. Rich in character, it features a classic stone wood-burning fireplace, original hardwood floors, and much of its original charm still intact. An added living space and a large sunroom with gas heat expand the functionality of the home, which includes 3 bedrooms, a full bath, and a half bath.
The second residence on this 5.76 acres in Crossville, TN is a ranch-style home built in the 1970s. Offering 2 bedrooms and 1 bathroom, it provides additional living space that could be transformed into a guest house, rental, or private quarters. Together, the two homes create a flexible setup rarely found on properties in this price range.
Adding to the appeal of this 5.76-acre Crossville, TN property are multiple outbuildings, including original 1930s structures such as a smokehouse and barn, along with several other buildings added over the decades. These features provide excellent opportunities for storage, workshops, or restoration projects that further enhance the property’s value and charm.
The land itself is just as impressive. With 5.76 acres, you’ll enjoy a blend of open fields, wooded areas, and a private yard shaded by mature oak, pine, magnolia, and other classic Southern trees. The natural setting creates a peaceful, established landscape that’s difficult to replicate today.
It’s important to note that this 5.76-acre property in Crossville, TN is being sold as-is and will require repairs and rehabilitation. Known issues include the need for a new water connection to the second home, structural damage to a detached block building, and previous termite damage in the main home, including a collapsed floor section. Because of these conditions, the property is available for cash or conventional financing only.
Despite the work needed, the potential here is undeniable. At $398,000, this 5.76-acre Crossville, TN property offers a rare combination of acreage, history, multiple homes, and investment possibilities. Whether you choose to restore the existing structures, create income-producing rentals, or build your dream home while preserving the originals, the options are wide open.
Properties like this—rich in history and set on 5.76 acres in Crossville, TN—don’t come along often, especially in such a sought-after location. If you have the vision and willingness to take on a project, this could be an incredibly rewarding investment.
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