118 W Melbourne Rd, Oak Ridge, TN 37830
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
118 W Melbourne Rd,Oak Ridge, TN 37830
$645,000
- 6 Beds
- 5 Baths
- 3,890 sq. ft.
- Single family
- Active
Listed by: randy white
Office: redfin
MLS#:1324712
Source:TN_KAAR
Price summary
- Price:$645,000
- Price per sq. ft.:$165.81
About this home
Nearly 4,000 sq ft of flexible living space with a private lower-level suite and strong
income potential -- just ~12 minutes from ORNL.
Spacious 3,890 sq ft home on a quiet cul-de-sac in one of Oak Ridge's most desirable,
established neighborhoods.
The home features a brand-new roof (September 2025) with lifetime architectural shingles,
along with hardwood floors, granite flooring in the foyer, many replaced windows, and a major
renovation completed in 2009.
The main floor includes a living room with fireplace, dining area, kitchen, and a convenient half
bath.
The upper level offers four large bedrooms and three full bathrooms.
A fourth level provides an extra-large playroom or open office space, ideal for remote work,
creative use, or a private retreat.
The lower level includes a finished living area with a full bathroom, utility room, and two
bedrooms.
Across the home, all bedrooms are comfortably sized and fully usable. The smallest bedroom
exceeds 10 × 10, while several rooms approach or exceed ~250 sq ft (see floor plans), allowing
space for full bedroom sets, dedicated work areas, and hobbies without compromise.
Separate income/guest opportunity: the lower-level layout allows for a potential 2-bedroom
executive-style suite with private living space. It benefits from a separate entrance and
enhanced sound separation from the main living areas. Given the home's proximity to ORNL,
the space is well positioned for short- or mid-term rental use, with typical Oak Ridge demand
supporting approximately $1,500-$2,500/month at moderate (~50%) occupancy, depending
on furnishing and management.
Additional features include covered decks on both main and lower levels, a 2-car attached
garage, and a quiet, low-traffic setting.
Location:
- ORNL: ~12 minutes
- Schools, Oak Ridge Mall, and restaurants: ~5-10 minutes
Homes of similar size in Oak Ridge can approach $700K-$800K+ when fully modernized,
making this a compelling opportunity to realize long-term value. Seller is offering a $15,000
credit at closing, which can be used toward interest rate reduction, closing costs, or to
preserve buyer funds for upgrades, furnishings, or other priorities....
Contact an agent
Home facts
- Year built:1990
- Listing ID #:1324712
- Added:174 day(s) ago
- Updated:June 14, 2026 at 02:37 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:10
- Flooring:Hardwood
- Basement:Yes
- Basement Description:Finished
- Living area:3,890 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1990
- Building area:3,890 sq. ft.
- Lot area:0.38 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$645,000
- Price per sq. ft.:$165.81
Parking
- Garage spaces:2
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