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386 East Drive, Oak Ridge, 37830
Priced At: $420,000
Property Details for ID: 1304440
SqFt: 2,885
Price SqFt: $146
Total Bedrooms: 5
Full Baths: 3 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-06-12T15:31:53Z
Public Remarks: A rare opportunity—now priced $65,000 below appraised value, giving you INSTANT EQUITY the moment you move in! Move in with confidence—this property comes with a seller-paid one-year home warranty. This classic rancher delivers the perfect mix of timeless charm and everyday comfort. Nestled on over half an acre in one of Oak Ridge's most coveted, history-rich neighborhoods, this beautifully kept brick home is overflowing with character and warmth. With its generous yard—ideal for gardening, or outdoor living—the property seamlessly combines mid-century architecture with practical, comfortable living spaces. The primary bedroom suite and spacious laundry room are conveniently located on the main level. Built in 1956, this brick home with a side carport was among the first private residences on East Drive, giving it historic significance. It also includes two wood burning fireplaces, anchoring cozy living areas for cool Tennessee evenings. Hardwood floors grace the main level, preserving mid century charm. The main living room showcases large windows that frame peaceful woodland views—perfect for relaxing. Just off the living room, a generously sized deck offers an ideal space for outdoor dining, entertaining, or simply enjoying the natural surroundings. A finished basement includes extra living space, storage, a bathroom and potential for office, guest suite or playroom. A private entrance to the basement makes it perfect for use as a separate apartment or additional livable space. This home is perfect for the nature lover who wants a private yard that is close to downtown, parks, schools, and trails. Be part of a neighborhood steeped in rich history from the Manhattan Project era. Come see it for yourself—your next chapter starts here!
Schools Information
Elementary School: GlenwoodMiddle / Junior School: Jefferson
High School: Oak Ridge
Building Description
Site Built: Yes
Year Built: 1956
Total Rooms: 9
SqFt (Total): 2,885
SqFt (Main Lvl): 1,825
SqFt (Down Lvl): 1,060
Full Baths: 3
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Basement: Yes
Basement Type: Partially Finished, Walkout
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 2
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
Pellissipi Pkwy to Oak Ridge Hwy., Continue onto Edgemoor Rd., slight right onto Melton Lake Drive, Left onto Oak Ridge Turnpike, Right onto Athens Rd., Right onto Alger Rd., Left onto East Dr. House is on the right. Sign in the yard.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!