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BJ Can Help You Purchase This Home
Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!
4868 TVA Lab Rd, Louisville, 37777
Priced At: $499,000
Property Details for ID: 1319085
SqFt: 1,587
Price SqFt: $314
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-17T19:59:37Z
Public Remarks: Huge Price Reduction! Two homes on one lot in peaceful Louisville, TN! — and this one is a rare find. This property sits on 0.68 acres and comes with two houses, giving you options for multigenerational living, rental income, or a private guest space. The main home is mostly updated and offers 3 beds, 2 baths, and approx. 1,587 sq ft. You'll love the new flooring (there are wood floors underneath) new doors, fully remodeled bathrooms, and a $10K kitchen renovation with fresh cabinets, counters, and fixtures. The living and dining areas feel bright and open, and the screened-in porch is perfect for quiet mornings or winding down at night. There's also a brand-new two-car garage, and all the materials to finish the inside of the garage are included. The second home sits just behind the main house and has 2 beds, 2 baths, and roughly 1,765 sq ft. It does need a full renovation, but that's where the opportunity comes in — guest house, in-law suite, long-term rental, Airbnb... you name it. The lot sits next to TVA land, which means no neighbors on one side, and you're less than half a mile from the TVA public boat launch. Expect deer, turkey, and plenty of East Tennessee wildlife stopping by, all while being minutes from Maryville, Alcoa, and Knoxville. A storage shed is included for extra tools or toys, and between both homes plus the garage, you've got space for everything. With this major price drop, this one is an incredible value for someone ready to take advantage of all the potential it offers.
Schools Information
Elementary School: RockfordMiddle / Junior School: Eagleton
High School: Eagleton
Building Description
Site Built: Yes
Year Built: 1972
Total Rooms: 6
SqFt (Total): 1,587
SqFt (Main Lvl): 1,587
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Alcoa Hwy, Topside Rd approx. 1 mile to TVA Lab Rd. House is approx. .4 mile on right side.
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Mortgage Calculator
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!