Nestled on a private wooded lot in highly sought-after Lakemoor Hills, this spacious home offers incredible flexibility, value, and location. Featuring 3 bedrooms plus 2 additional bonus rooms with closets, 2 full baths, and 2 half baths, the home lives much larger than its footprint and offers endless possibilities for a variety of lifestyles.
Located just 3 miles from UT Medical Center and only 3.8 miles from the University of Tennessee, this property is an outstanding option as a primary residence, investment property or game-day retreat. The current owner successfully rented the home to five students, generating excellent cash flow ($3500/mo plus one bedroom rent-free for son), and it has also performed well as a profitable Airbnb. One bonus room area offers the potential for a private guest suite, making it ideal for short-term rental income, visiting family, or football weekends.
Looking for student housing? Consider the opportunity to ''house hack'' by purchasing for your UT student while offsetting expenses with 4 roommates. Why buy a condo with HOA dues and restrictions when you can enjoy the freedom of homeownership with no HOA? Plus, it can be sold furnished as a truly turn-key property.
Inside, you'll find a brand new water heater, newer flooring throughout, updated bathrooms, an open floor plan, and multiple living and flex spaces that can easily adapt to your needs. Outside, enjoy a huge backyard perfect for entertaining, tailgates, gatherings, and outdoor living, all surrounded by mature trees for added privacy.
Situated among some of Knoxville's most desirable homes, many valued at over $1 million, this is the best value in Lakemoor Hills. Convenient to downtown Knoxville, the Tennessee River, parks, recreation, dining, and entertainment. It's also 10 minutes to the Sequoyah Hills area.
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Listing Snapshot
Price
$459,000
Days On Site
94 Days
Bedrooms
3
Inside Area (SqFt)
2,458 sqft
Total Baths
4
Full Baths
2
Partial Baths
2
Lot Size
0.45 Acres
Year Built
1979
MLS® Number
3317255
Status
Active
Property Tax
$1,176
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser
Friends & Family
React
Invite
Recent Activity
2 months ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.45
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Stories
2
Parking
Garage Door OpenerGarage Faces Side
Parking Spaces
2
Property Sub Type
Single Family Residence
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
2458
SqFt Total
2458
Style
Traditional
Utilities
Electricity AvailableNatural Gas AvailableWater Available
Water Source
Public
Interior Features
Appliances
DishwasherDryerMicrowaveRangeRefrigeratorWasher
Basement
Crawl Space
Cooling
Central Air
Fireplace
Yes
Fireplaces
1
Flooring
CarpetWoodTile
Heating
CentralElectricNatural Gas
Interior
Walk-In Closet(s)
Laundry Features
Washer HookupElectric Dryer Hookup
Bedroom 1
Features - Walk-In Closet(s)
Other Room
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Exterior Features
Construction Details
FrameOther
Lot Features
LevelRolling SlopeSlopedPrivateWooded
Patio And Porch
Deck
Listing courtesy of Keller Williams Realty Ashley Wade
Listings courtesy of Realtracs as distributed by MLS GRID
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Neighborhood & Commute
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