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Very Investor friendly
STRs are allowed citywide without a specific municipal permit, requiring only standard business licenses and basic safety measures, with no caps or burdensome fees; the low-regulation environment and supportive tone make compliance straightforward for investors.
Local STR Agent
STR specialist · Tellico Plains, TN
Tellico Plains is a small town tucked into the southeastern corner of Tennessee, in Monroe County near the North Carolina state line. With a population of approximately 900 residents, it carries the unhurried character of an Appalachian mountain community, surrounded by the forested ridges of the Unakas and the rolling farmland of the Tellico River valley. The town is best known as a basecamp for outdoor adventure, sitting at the doorstep of the Cherokee National Forest and serving as the eastern terminus of the scenic Cherohala Skyway. The nearest major city is Knoxville, roughly sixty to seventy miles to the northeast, a drive of about an hour and a half over mostly two-lane mountain roads.
The Cherokee National Forest surrounds Tellico Plains on nearly every side, and much of the town's appeal flows from this proximity. It is the largest national forest in Tennessee, encompassing over 650,000 acres of woodlands, rivers, and ridgelines that draw hikers, anglers, and campers year-round. From town, visitors can reach trailheads along the Tellico and Hiwassee rivers in just minutes, and the forest's network of backroads and dispersed camping sites makes it a favorite for self-guided exploration. The official Cherokee National Forest page offers trail maps and current conditions for those planning a visit.
The Cherohala Skyway begins in Tellico Plains and climbs westward into North Carolina, a National Scenic Byway that traces roughly forty-three miles of ridge-top road through some of the most remote terrain in the southern Appalachians. Reaching elevations above 5,400 feet, the byway is famous for its long pullouts, foggy spruce-fir stands, and views that stretch for miles on a clear day. Many visitors use the Skyway itself as the destination, while others turn off onto forest roads to reach hiking trails and picnic spots along the way.
Just a few minutes west of town, Bald River Falls is one of the easiest and most photographed natural attractions in the area. The Tellico River drops over a wide rock face framed by hemlocks and rhododendron, and a roadside pullout lets visitors stand within earshot of the cascade without a long hike. It is a popular first stop for anyone driving up the river toward higher elevations or the Skyway.
A longer drive of about forty-five minutes across the Cherohala leads to Joyce Kilmer Memorial Forest, a rare stand of old-growth hardwoods in western North Carolina. The forest preserves massive yellow poplars and oaks that predate European settlement, and a gentle two-mile loop trail winds past some of the largest specimens. It is widely considered one of the most impressive old-growth walks in the eastern United States.
For short-term rental owners, Tellico Plains offers a compelling combination of accessibility and remoteness. Its small footprint keeps lodging options limited, which means well-placed cabins and cottages tend to fill with hikers, anglers, motorcyclists running the Skyway, and leaf-peepers in autumn. The town's quiet main street, its direct access to the Cherokee National Forest, and its position at the foot of one of the region's most celebrated scenic drives make it a natural home base for travelers who want to experience the southern Appalachians without the crowds of better-known gateway towns.