4532 E Lamar Alexander Pkwy, Walland, TN 37886
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
4532 E Lamar Alexander Pkwy,Walland, TN 37886
$850,000
- 3 Beds
- 2 Baths
- 1,320 sq. ft.
- Single family
- Active
Listed by: amanda verrips
Office: exp realty, llc.
MLS#:1345058
Source:TN_KAAR
Price summary
- Price:$850,000
- Price per sq. ft.:$643.94
About this home
Discover a rare income-producing opportunity in Walland, TN, ideally located near Maryville, Townsend, Little River, and the Great Smoky Mountains. Situated on 5.33 surveyed acres, 4532 E Lamar Alexander Parkway features a 3-bedroom, 2-bath home with a basement and is currently operating as an income-producing communal living property with 7 units, plus 3 additional RV spots with water and electric hookups.
All units convey with the property, including the current RV, covered carports, and sheds, creating an excellent opportunity for continued rental income, communal living, or a flexible investment property. The property also offers convenient ingress and egress from US-321, adding ease of access for residents, guests, or future use.
Beyond its income potential, the property offers ample outdoor space to enjoy East Tennessee living. Established garden areas provide an opportunity for homesteading, growing your own produce, or supporting a self-sustaining lifestyle. The surveyed acreage also offers room for recreation, expansion, or future income possibilities while maintaining a peaceful rural setting.
Zoned R-1 Rural, the property may offer flexibility for certain special uses subject to applicable county approvals. With existing income-producing units, utility-connected RV spots, included structures, a basement home, established garden space, and over five acres of usable land, this property offers exceptional versatility and long-term potential.
Buyer to verify all information, zoning, permitted uses, rental use, RV use, subdivision potential, special exception requirements, and intended use....
Contact an agent
Home facts
- Year built:1957
- Subdivision & Development:Skinner
- Listing ID #:1345058
- Added:66 day(s) ago
- Updated:August 23, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Flooring:Hardwood, Laminate, Tile, Vinyl
- Basement:Yes
- Basement Description:Partially Finished, Walkout
- Living area:1,320 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric, Forced Air, Propane
Structure and exterior
- Year built:1957
- Building area:1,320 sq. ft.
- Lot area:5.33 Acres
- Lot Features:Wooded
- Architectural Style:Traditional
- Construction Materials:Brick, Frame
Schools
- High school:Heritage
- Middle school:Heritage
- Elementary school:Walland
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$643.94
Features and amenities
- Amenities:Windows - Vinyl
Parking
- Parking description:Attached, Detached, Main Level, Off-Street Parking, RV Parking
- Carport spaces:5
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