1 year on rocket

1466 Cove Ln, Oliver Springs, TN, 37840

$449,000

3.60 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontCreek, Other
MLS #1226399
Lot Size3.60 Acres
StatusActive

About 1466 Cove Ln

This 3.6-acre parcel at 1466 Cove Lane in Oliver Springs, TN, is an incredible opportunity for first-time homebuyers or families looking to put down roots in a vibrant, outdoor-centric community. The property offers direct access to the popular Windrock ATV Trails, making it the perfect spot for endless ATV or SxS adventures. Boasting over 600 feet of frontage on Indian Creek, this unrestricted land presents unlimited potential. You could divide the lot and build multiple homes, tiny houses, or vacation cabin rentals. Why not consider establishing a charming campground getaway or an adventure basecamp? The property also features an original rock wall from the early 1900s, adding a historical touch to the natural beauty of the site. The existing house on the tract offers a chance to renovate and restore, adding to the potential of this unique property. This is not just a piece of land; it's an opportunity to create a lifestyle, a business, or a dream home. Whether you're looking to invest in real estate or seeking the perfect spot for your future home, this land parcel offers an unbeatable location with endless potential. Embrace the outdoor lifestyle and upgrade your living experience today at 1466 Cove Lane. Property outlines on images are for illustrative purposes only.

Property Details

Property Features

Listing Office:

  • Office Name: Stephenson Realty & Auction
  • Office Phone: (865) 457-2327

Exterior Features

Exterior Information:

  • Waterfront: Creek, Other

Lot Features

Lot Information:

  • Lot: Creek, Private, Wooded, Irregular Lot, Other
  • Lot Size: 3.60 Acres

Other

Directions Information:

  • Directions: Hwy 61 toward Oak Ridge. Turn right onto Oliver Springs Hwy. Turn right onto E. Tri County Blvd. Turn right onto Windsock Rd. Turn left onto Church St. Turn left onto Green St. Continue onto Cove Ln. Turn slightly right onto Green St. Continue onto Cove Ln. Turn slightly left onto Cove. Ln. for .6 mi. Property located on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
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Housing Market Comparison

See how this home compares to others in Oliver Springs, TN.

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Oliver Springs, TN

City

Med. Sold Price

$252K

Med. Price/SqFt

$163

Avg. Days On Market

11

# of Sold Homes

4

1466 Cove Ln vs Oliver Springs

559 DAYS ON ROCKET

+548 Days

$449,000

+$197K More

KEY TAKEAWAY

This property is $197K more than the Median Sold Price in Oliver Springs, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1226399

Listing Office:

  • Office Name: Stephenson Realty & Auction
  • Office Phone: (865) 457-2327

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-487703
4
/10

  • Norwood Elementary School

  • 809 W Tri County Blvd

  • 3.45 miles

  • Public District Grades PK-5

school-card-donut-487704
6
/10

  • Dyillis Springs Elementary School

  • 120 Ollis Rd

  • 4.22 miles

  • Public District Grades PK-5

school-card-donut-487705
8
/10

  • Linden Elementary School

  • 700 Robertsville Rd

  • 5.57 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,313. Typical income of Oliver Springs, TN residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1466 Cove Ln

What is the listing price of this property?

The listing price of 1466 Cove Ln property is $449,000.

What type of property is this?

The property 1466 Cove Ln is land located in Oliver Springs, Tennessee, 37840.

Is this property for sale now?

Active Listing: 1466 Cove Ln is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1466 Cove Ln is 3.60 acres.
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Rocket Homes›Tennessee›Roane County›Oliver Springs›37840›1466 Cove Ln

This home is located at 1466 Cove Ln in Oliver Springs, TN and zip code 37840. This home sits on a 3.60 acre lot. It has been listed on Rocket Homes since May 08, 2023 and is currently priced at $449,000.

Over 3 listings were sold over their listed price in October 2024 in Oliver Springs, TN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. In October 2024 median list price was $252,000 and the average listing age was 11 days.

From Rocket Homes Real Estate and based on county public records data.

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