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
School Info
Assigned Schools Information:
Anderson County High School, Public District Grades 9-12
Lake City Middle School, Public District Grades 6-8
Norwood Elementary School, Public District Grades PK-5
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
What can I afford?
Understand what home price range makes sense for your budget.
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
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,308
Per Month
Principal & Interest
$2,241
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,413
Powered By
Advertisement
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.
Elementary School
4
/10
Norwood Elementary School
809 E Tri County Blvd
Distance between this listing and this school4.24 miles
Public District Grades PK-5
Middle School
6
/10
Lake City Middle School
1132 S Main St
Distance between this listing and this school15.36 miles
Public District Grades 6-8
High School
7
/10
Anderson County High School
130 Maverick Cir
Distance between this listing and this school16.01 miles
Public District Grades 9-12
Assigned Schools
4
/10
Norwood Elementary School
809 E Tri County Blvd
Distance between this listing and this school4.24 miles
Public District Grades PK-5
Nearby Schools
6
/10
Dyllis Springs Elementary School
120 Ollis Rd
Distance between this listing and this school4.65 miles
Public District Grades PK-5
4
/10
Petros-Joyner Elementary School
125 Petros Joyner School Rd
Distance between this listing and this school5.39 miles
Public District Grades PK-8
Assigned Schools
6
/10
Lake City Middle School
1132 S Main St
Distance between this listing and this school15.36 miles
Public District Grades 6-8
Nearby Schools
5
/10
Oliver Springs Middle School
317 Roane St
Distance between this listing and this school2.20 miles
Public District Grades 6-8
5
/10
Norwood Middle School
803 E Tri County Blvd
Distance between this listing and this school3.37 miles
Public District Grades 6-8
Assigned Schools
7
/10
Anderson County High School
130 Maverick Cir
Distance between this listing and this school16.01 miles
Public District Grades 9-12
Nearby Schools
6
/10
Oliver Springs High School
419 Kingston Ave
Distance between this listing and this school2.03 miles
Public District Grades 9-12
8
/10
Oak Ridge High School
1450 Oak Ridge Tpke
Distance between this listing and this school6.69 miles
The neighbors living near this home have an average income of $28,313. Most Roane County, TN residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically 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.
What are the assigned schools for this property?
The assigned schools for 1466 Cove Ln are: Norwood Elementary School: GreatSchools Rating 4/10Lake City Middle School: GreatSchools Rating 6/10Anderson County High School: GreatSchools Rating 7/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.
Roane County, TN housing market in April 2024 saw over 9 listings sold above listed price, more than 13 sold at listed price and over 32 sold below. Between March 2024 and April 2024, Roane County, TN real estate market has seen decrease in the number of listings by 2.1%. The median list price of listings available in April 2024 was $259,300, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
NASCAR
NASCAR
Monster Trucks
Hunting
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country