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.
Active
$415,000
477 Perimeter Rd, Benton, TN 37307
4beds
2,132sqft
Single Family Residence, Residential
Built in 1974
1.8 Acres Lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Peaceful riverfront livingCozy wood-burning fireplaceAll-brick exteriorSurrounded by mature treesMetal roofWarm and inviting atmosphereOpen floor plan
- 81 days
- 346
- 27
Zillow last checked:
Listing updated:
Listed by:
Carla Patton 423-507-7232,
Silver Key Realty 423-405-5157
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3248267
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
Heating
- Central, Electric
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Ceiling Fan(s)
- Flooring: Carpet, Wood
- Basement: Finished,Exterior Entry
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,132
- Total interior livable area: 2,132 sqft
- Finished area above ground: 1,066
- Finished area below ground: 1,066
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: Two
- Patio & porch: Deck
Lot
- Size: 1.8 Acres
- Dimensions: 200 x 550 IRR
- Features: Other
- Topography: Other
Details
- Parcel number: 018C A 01200 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Other, Brick
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Hiwassee Riviera Estates
Location
- Region: Benton
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $233,300
- Annual tax amount: $985
- Date on market: 6/24/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $415,000+15.3%$195/sqft |
Source: | ||
| 12/30/2024 | Sold | $360,000-2.4%$169/sqft |
Source: Greater Chattanooga Realtors #1396951 Report a problem | ||
| 12/11/2024 | Pending sale | $369,000$173/sqft |
Source: Greater Chattanooga Realtors #1396951 Report a problem | ||
| 10/28/2024 | Price change | $369,000-5.1%$173/sqft |
Source: Greater Chattanooga Realtors #1396951 Report a problem | ||
| 8/26/2024 | Price change | $389,000-0.2%$182/sqft |
Source: Greater Chattanooga Realtors #1396951 Report a problem | ||
| 8/26/2024 | Price change | $389,900-2.5%$183/sqft |
Source: | ||
| 8/19/2024 | Price change | $399,900+0.2%$188/sqft |
Source: | ||
| 8/6/2024 | Listed for sale | $399,000-0.2%$187/sqft |
Source: Greater Chattanooga Realtors #1396951 Report a problem | ||
| 7/22/2024 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1390301 Report a problem | ||
| 4/16/2024 | Price change | $399,900-6.9%$188/sqft |
Source: Greater Chattanooga Realtors #1390301 Report a problem | ||
| 12/26/2023 | Price change | $429,500-2.3%$201/sqft |
Source: | ||
| 10/13/2023 | Listed for sale | $439,500+193%$206/sqft |
Source: | ||
| 8/4/2015 | Sold | $150,000+3.4%$70/sqft |
Source: Public Record Report a problem | ||
| 9/25/2006 | Sold | $145,000+16.9%$68/sqft |
Source: Public Record Report a problem | ||
| 1/3/2006 | Sold | $124,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $985 | $58,325 |
| 2024 | $985 | $58,325 |
| 2023 | $985 +16.5% | $58,325 +73.2% |
| 2022 | $846 | $33,675 |
| 2021 | $846 | $33,675 |
| 2020 | $846 | $33,675 |
| 2019 | $846 | $33,675 |
| 2018 | $846 0% | $33,675 -5.3% |
| 2017 | $846 -1% | $35,575 |
| 2016 | $855 | $35,575 |
| 2015 | $855 +0% | $35,575 +0% |
| 2014 | $854 | $35,568 |
| 2013 | $854 | $35,568 |
| 2012 | -- | $35,568 -9.7% |
| 2011 | $859 | $39,389 |
| 2010 | $859 | $39,389 |
| 2009 | $859 | $39,389 |
| 2008 | $859 | $39,389 |
| 2007 | -- | $39,389 +38.5% |
| 2006 | $822 +20.4% | $28,446 |
| 2005 | $683 +18.2% | $28,446 +1.9% |
| 2004 | $578 | $27,903 |
| 2002 | $578 | $27,903 +24.8% |
| 2001 | -- | $22,363 -75% |
| 2000 | -- | $89,451 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37307
Nearby schools
Schools provided by the listing agent
- Middle: Chilhowee Middle School
- High: Polk County High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







