$850,000
Walland, TN 37886
MLS# 1345058
3 beds | 1320 sqft
1 / 50
Property Description
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.
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 850000
Current Price: $850,000
Status: Active
Listing Date: 2026-06-18
Location, Tax & Legal Info
Area: Blount County - 28
Property Sub-Type: Residential
City/County Code: County
Elementary School: Walland
Middle School: Heritage
Total Tax: 683.7
High School: Heritage
General Property Description
Type: Basement Ranch
# Bedrooms: 3
Acres: 5.33
Acre Source: Tax Records
# of Rooms: 9
Restrictions: No
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 1320
SqFt - Down Lvl: 600
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 1
HOA: No
Basement: Yes
Bonus Room: Yes
SqFt - Total (Aprox): 1320
Baths - Full: 2
Year Built: 1957
Remarks & Misc
Directions: From Maryville, travel south on US-321/E Lamar Alexander Parkway toward Townsend. Continue through Walland approximately 10 miles. Property is located at 4532 E Lamar Alexander Parkway on the right. Sign on property.
Public Remarks: 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.
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Brick: 1
Frame: 1
Siding
Brick: 1
Vinyl: 1
Fireplace
Gas Log: 1
Stone: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Hardwood: 1
Laminate: 1
Tile: 1
Vinyl: 1
Garage/Parking
Carport Spaces: 5
Attached: 1
Detached: 1
Main Level: 1
Off-Street Parking: 1
RV Parking: 1
Basement
Partially Finished: 1
Walkout: 1
Lot Description
Irregular Lot: 1
Level: 1
Private: 1
Rolling Slope: 1
Wooded: 1
Fuel
Electric: 1
Propane: 1
View
Country Setting: 1
Mountain View: 1
Wooded: 1
Heat
Central: 1
Forced Air: 1
Dining Area
Formal Dining Area: 1
Appliances
Dishwasher: 1
Gas Range: 1
Microwave: 1
Self Cleaning Oven: 1
Other Rooms
Bedroom Main Level: 1
Extra Storage: 1
Great Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Exterior Features
Porch - Covered: 1
Windows - Vinyl: 1
Windows - Wood: 1
Misc Features
Handicap Accessible: 1
Internet Available: 1
Walk-in Shower: 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Public: 1
Well: 1
Outbuildings
Detached Workshop: 1
Guest House: 1
Storage Shed: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
New Loan: 1
VA Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 4532
St Dir: E
Street Name: Lamar Alexander
St Suffix: Pkwy
State/Province: TN
Zip Code: 37886
PIN #: 060 086.00
Subdivision: Skinner
Geo Lat: 35.74583
Geo Lon: -83.83609
Status Change Info
Status Change Date: 2026-06-18
Property Features
Style: Traditional
Construction: Brick; Frame
Siding: Brick; Vinyl
Basement: Partially Finished; Walkout
Lot Description: Irregular Lot; Level; Private; Rolling Slope; Wooded
View: Country Setting; Mountain View; Wooded
Fireplace: Gas Log; Stone
Floors: Hardwood; Laminate; Tile; Vinyl
Fuel: Electric; Propane
Heat: Central; Forced Air
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Gas Range; Microwave; Self Cleaning Oven
Sewer: Septic Tank
Water: Public; Well
Other Rooms: Bedroom Main Level; Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Handicap Accessible; Internet Available; Walk-in Shower; Washer/Dryer Connect
Exterior Features: Porch - Covered; Windows - Vinyl; Windows - Wood
Outbuildings: Detached Workshop; Guest House; Storage Shed
Dining Area: Formal Dining Area
Showing: See Agent Instructns
New Financing: Cash; Conventional; FHA; New Loan; VA Loan
IDX
Listing Office: eXp Realty, LLC
Last Updated: June - 21 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. 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.
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