508 Petit Lane, Wartburg, TN 37887 (MLS# 1330790)


$225,000
508 Petit Lane
Wartburg, TN 37887
MLS# 1330790
4 beds  |  1120 sqft


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Property Description
Nestled in the heart of Wartburg, this inviting property offers flexibility, character, and income potential all in one unique package. With a total of 4 bedrooms and 2 1/2 baths between the main home and attached suite, this property presents a rare opportunity for multi-generational living, rental income, or private guest accommodations. The main home features 3 bedrooms and 1 1/2 baths, offering a functional layout with a warm, welcoming feel. Inside, you'll find cozy living spaces filled with charm and personality. The home has a comfortable, lived-in appeal that makes it easy to envision adding your own updates and personal touches over time. Whether you're a first-time buyer, investor, or someone looking for a property with potential, this home provides a solid foundation and endless possibilities. Connected by a convenient laundry room, the attached 1 bedroom, 1 bath suite offers privacy and versatility. Currently operating as a successful Airbnb, the suite provides an excellent opportunity for supplemental income or could easily serve as a mother-in-law suite, guest quarters, or private home office. Its separation from the main living space allows both areas to function independently while still remaining under one roof. A small attached garage provides covered parking or workspace, while 2 detached storage buildings offer ample room for tools, hobbies, or equipment. A separate detached metal storage structure located away from the home provides even more space for vehicles, recreational equipment, or workshop needs.

Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 225000
Current Price: $225,000
Status: Active
Listing Date: 2026-02-27
Location, Tax & Legal Info
Area: Morgan County - 35
Property Sub-Type: Residential
City/County Code: County
Total Tax: 748.4
General Property Description
Type: Ranch
# Bedrooms: 4
Lot Dimensions: 263x60
Acres: 0.58
Acre Source: Tax Records
# of Rooms: 9
Restrictions: No
Site Built: Yes
Fireplace: No
Property Status: N/A
SqFt - Main Lvl: 1120
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: No
Basement: No
Bonus Room: No
Extra Storage: Yes
SqFt - Total (Aprox): 1120
Baths - Full: 2
Baths - 1/2: 1
Year Built: 1989
Remarks & Misc
Directions: From downtown Wartburg, head south on North Kingston Street, turn right onto Knoxville Highway (US-27), then take a right onto Petit Lane and continue straight until you reach 508 Petit Lane, which will be on your right.
Public Remarks: Nestled in the heart of Wartburg, this inviting property offers flexibility, character, and income potential all in one unique package. With a total of 4 bedrooms and 2 1/2 baths between the main home and attached suite, this property presents a rare opportunity for multi-generational living, rental income, or private guest accommodations. The main home features 3 bedrooms and 1 1/2 baths, offering a functional layout with a warm, welcoming feel. Inside, you'll find cozy living spaces filled with charm and personality. The home has a comfortable, lived-in appeal that makes it easy to envision adding your own updates and personal touches over time. Whether you're a first-time buyer, investor, or someone looking for a property with potential, this home provides a solid foundation and endless possibilities. Connected by a convenient laundry room, the attached 1 bedroom, 1 bath suite offers privacy and versatility. Currently operating as a successful Airbnb, the suite provides an excellent opportunity for supplemental income or could easily serve as a mother-in-law suite, guest quarters, or private home office. Its separation from the main living space allows both areas to function independently while still remaining under one roof. A small attached garage provides covered parking or workspace, while 2 detached storage buildings offer ample room for tools, hobbies, or equipment. A separate detached metal storage structure located away from the home provides even more space for vehicles, recreational equipment, or workshop needs.
Atchd/Dtchd Type
Detached: 1
Style
A-Frame: 1
Construction
Frame: 1
Siding
Wood: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Laminate: 1
Vinyl: 1
Garage/Parking
Garage Spaces: 1
Attached: 1
Detached: 1
Basement
Crawl Space: 1
Lot Description
Level: 1
Fuel
Gas (Natural): 1
View
Country Setting: 1
Mountain View: 1
Heat
Central: 1
Dining Area
Eat-in Kitchen: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Laundry/Utility: 1
Exterior Features
Patio: 1
Porch - Covered: 1
Porch - Screened: 1
Misc Features
Internet Available: 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Public: 1
Outbuildings
Detached Workshop: 1
Storage Shed: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
New Loan: 1
THDA: 1
USDA/Rural: 1
VA Loan: 1
Other: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 508
Street Name: Petit
St Suffix: Lane
State/Province: TN
Zip Code: 37887
PIN #: 119B A 01600 000
Geo Lat: 36.071987
Geo Lon: -84.519444
Status Change Info
Status Change Date: 2026-02-27
Property Features
Style: A-Frame
Construction: Frame
Siding: Wood
Basement: Crawl Space
Lot Description: Level
View: Country Setting; Mountain View
Fireplace: None
Floors: Laminate; Vinyl
Fuel: Gas (Natural)
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector
Sewer: Septic Tank
Water: Public
Other Rooms: Laundry/Utility
Misc Features: Internet Available; Washer/Dryer Connect
Exterior Features: Patio; Porch - Covered; Porch - Screened
Outbuildings: Detached Workshop; Storage Shed
Dining Area: Eat-in Kitchen
Showing: See Agent Instructns
New Financing: Cash; Conventional; FHA; New Loan; THDA; USDA/Rural; VA Loan; Other

IDX
Listing Office: Wallace

Office Phone: 865-966-1111

Last Updated: February - 27 - 2026

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