174 Lance Lane, La Follette, TN 37766
- $699,999
- 6
- BD
- 8
- BA
- 4,993
- SqFt
- List Price
- $699,999
- Status
- COMING SOON / HOLD
- MLS#
- 3123781
- Days on Market
- 0
- Bedrooms
- 6
- Bathrooms
- 8
- Full Bathrooms
- 6
- Half Bathrooms
- 2
- Living Area
- 4,993
- Lot Size
- 87,120
- Acres
- 2
- County
- Campbell County
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.
/u.realgeeks.media/simerlyhomes/WGRE_logo-color-horizontal_sm.png){kind=logo}
Additional Information
- Amenities Other
- Walk-In Closet(s), Pantry, Ceiling Fan(s)
- Basement Description
- Crawl Space, Partially Finished, Exterior Entry
- Construction Type
- Frame, Other, Brick
- Cooling System
- Wall/Window Unit(s), Central Air, Ceiling Fan(s)
- Exterior Features
- Gas Grill
- Floor Types
- Carpet, Wood, Laminate, Tile, Vinyl
- Garage Capacity
- 1
- Garage Description
- Garage Door Opener
- Green Features
- Windows, Doors
- Heating System
- Central, Electric
- Interior Other
- Walk-In Closet(s), Pantry, Ceiling Fan(s)
- Laundry
- Washer Hookup, Electric Dryer Hookup
- Living Area
- 4,993
- Lot Description
- Wooded, Rolling Slope
- Number Of Fireplaces
- 1
- Patio Deck
- Deck, Patio, Porch, Covered
- Pool Description
- In Ground
- Sewer System
- Septic Tank
- Style
- Traditional
- Subdivision
- Esco Morton
- Subtype
- Single Family Residence
- Tax Amount
- $2,375
- Water Source
- Public
- Year Built
- 1989
- Style
- Traditional
- Type
- Single Family Residential
Mortgage Calculator
Listing courtesy of Keller Williams Realty.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.