565 Hillcrest Circle , Etowah, TN 37331(McMinn County)

565 Hillcrest Circle, Etowah, TN 37331Offered at $625,000 | 5 Beds | 3.5 Baths | 3,788 Sq Ft | 1.14 Acres | Rental Income PotentialWelcome to a truly one-of-a-kind Mid-Century Modern home with a storied past originally constructed in 1966 as the Clubhouse for the historic Morgan Mansion. Situated on 1.14 private acres in the heart of Etowah, this expansive 5-bedroom, 3.5-bathroom residence offers the rare ability to function as a spacious single-family home or an income-producing multifamily property. The main level features 3 bedrooms and 2.5 bathrooms, a dedicated home office, and charming character throughout including two cozy woodstoves, ideal for warmth and ambiance. Downstairs, a separate entrance leads to a fully remodeled 2-bedroom, 1-bath apartment (1,372 sq ft) featuring a gorgeous original mid-century fireplace and vintage character. The apartment was previously rented but is now currently vacant, offering rental income that could be generated at approximately $1,150/month. Property Highlights:Dedicated home office + library/study space2,255+ sq ft of garage/workshop space ideal for home-based businesses or creative studiosCustom kitchen with granite countertops, stainless steel appliances, and handcrafted cabinetryLiving room features 66 feet of window wall that floods the home with natural lightUpdated electrical throughout & full Nest smart-home integration: thermostats, cameras, and smoke/CO detectorsNew Andersen windows with a warranty, enhanced insulation, fresh paint, and updated lighting fixtures160 sq ft sunroom and a 288 sq ft covered back patioBackyard enclosed by a 12 ft privacy fence with a serene water feature mimicking a rolling creek on rainy daysLocation & Lifestyle:Located just 0.2 miles from Hillcrest Church of God and under a mile from downtown Etowah, this home offers both tranquility and convenience. Enjoy the charm of Etowah with its locally owned shops, the historic L&N Depot, and community events like the Old Fashioned Fourth of July Festival and Etowah Arts Festival. Nature lovers will appreciate proximity to Gee Creek trails, Hiwassee/Ocoee Scenic Rivers, and Conasauga Falls. Starr Regional Medical Center in Athens is only 15 minutes away, with additional shopping and healthcare options in nearby Cleveland and Chattanooga.