174 Lance Lane, La Follette, TN 37766
174 Lance Lane, La Follette, TN 37766,Video Tour
174 Lance Lane, La Follette, TN 37766
174 Lance Lane, La Follette, TN 37766
174 Lance Lane, La Follette, TN 37766
174 Lance Lane, La Follette, TN 37766
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Listed by Brandi Crass • Keller Williams Realty
$ 699,999
Est. payment | /mo

6 Beds

8 Baths

4,993 SqFt


$ 699,999
Est. payment | /mo

6 Beds

8 Baths

4,993 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,993 sqft

Price per Sqft $140

Subdivision Esco Morton

MLS Listing ID 3123781

Bedrooms 6

Full Baths 6

Half Baths 2

Year Built 1989

Annual Tax Amount $2,375

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Single Family Residence

Property Description

Looking for an income-generating property? Look no further for countless opportunities for revenue! This home can be an expansive single-family home that affords ample space & setup for a multigenerational family OR, with a few minor modifications, this can be a primary residence with up to 4 separate units to lease or use as short-term rental income. Opportunities galore! No need to worry about overpaying—there is an appraisal on file. Cash in your chips for instant equity; this home is priced at $50,000 below appraisal value; see appraisal on file.

Discover the perfect blend of tranquility & generational wealth in this remarkable home tucked neatly away in the beautiful Cumberland Mountains. Nestled in Campbell County, just north of Knoxville, La Follette is a charming town where breathtaking mountain views meet a close-knit community. Once a thriving coal and iron hub, its history is steeped in resilience and hard work. What truly sets La Follette apart is its people—friendly, proud, and always ready to lend a helping hand. Here, neighbors support one another, and traditions run deep, creating an unparalleled sense of belonging.

There are endless things to do, with stunning Norris Lake just 10 minutes away, the Tiki Club, ample parks like Lonas Young, Dr. Lee J. Seargeant, and Freeman parks, Chapman Hill Winery, and expansive trail rides like Royal Blue, Tackett Creek, Winrock & many more! This property features three primary suites, two on the main level, over 5,000 square feet of living space & multiple separate living areas, offering limitless potential. This dream home provides ample space for entertaining. Imagine the possibilities: with a few modifications, you can convert this home into a triplex or quadplex, maximizing rental income potential. With the ability to accommodate up to 4 units, the projected ROI is an impressive 10%, making it a fantastic investment opportunity.

Location

State TN

County Campbell County

Interior

Interior Features Walk-In Closet(s), Pantry, Ceiling Fan(s)

Heating Central, Electric

Cooling Wall/Window Unit(s), Central Air, Ceiling Fan(s)

Flooring Carpet, Wood, Laminate, Tile, Vinyl

Fireplaces Number 1

Fireplace Y

Appliance Dishwasher, Microwave, Range, Refrigerator

Exterior

Exterior Feature Gas Grill

Garage Spaces 1.0

Pool In Ground

Utilities Available Electricity Available, Water Available

View Y/N true

View Mountain(s)

Private Pool true

Building

Lot Description Wooded, Rolling Slope

Sewer Septic Tank

Water Public

Structure Type Frame,Other,Brick

New Construction false

Others

Senior Community false

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/cf0917c7-e049-4baa-9b10-c86949c88f26?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

RealTracs IDX

Schools and Properties Nearby

Danielle Johns

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174 Lance Lane