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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!
240 Memory Lane, Monterey, 38574
Priced At: $549,000
Property Details for ID: 1358878
SqFt: 2,729
Price SqFt: $201
Total Bedrooms: 4
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-10-14T19:14:20Z
Public Remarks: Escape to your own wooded retreat with this two-story, 4-bed, 2-bath log-cabin themed home set on 15 serene acres. With covered porches on both front and back, wood finishes throughout, and multiple wood-burning stoves, this property delivers the charm and comfort of true cabin living - paired with modern upgrades and off-grid capability. Wood floors flow across the first floor, where the kitchen opens to the living room beneath beautiful exposed wood beams. The kitchen features wood cabinets, wood-block countertops, an island with storage, and all appliances convey, including refrigerator, stove, freezer and an additional small refrigerator. Both the dining room and living room offer wood-burning stoves - one set against a tile wall, the other against a stone - creating cozy spaces for gathering. Two bedrooms and a full bath complete the main level. Upstairs, the oversized primary bedroom offers generous space and a large master bath with a soaking tub. A fourth bedroom, wood-accented walls, and a comfortable sitting area add to the inviting feel of the second floor. Enjoy peaceful views of the woods from the back covered porch. Ceiling fans are installed in most rooms and outdoor spaces for year-round comfort. There is a 14x20 fenced front yard with artificial grass for your fur babies and extra storage throughout the home. This property is equipped with two HVAC systems with the downstairs only being three years old. It has solar panels with a battery pack capable of powering the home for up to five days. It has rain water collection areas, a new driveway stretching deep into the acreage and is in a greenbelt designation with no restrictions. The septic was pumped just three months ago. A rare amount of functional space comes with the property that includes a 20x12 carport, 40x24 garage, 14x10 greenhouse and a 30x20 storage shed. The land has many building sites throughout. Come make this beautiful home and property yours today! (Buyers to verify all measurements and information in order to make an informed offer.)
Schools Information
Elementary School:Middle / Junior School: Livingston
High School:
Building Description
Site Built: Yes
Year Built: 2004
Total Rooms: 7
SqFt (Total): 2,729
SqFt (Main Lvl): 2,304
SqFt (2nd Flr Lvl): 708
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Kitchen: Dining Room: Living Room: Great Room: Master Bedroom: Bedroom 2: Bathroom: Bedroom 3: Bedroom 4: Bathroom: Utility Room: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
From Monterey take Chestnut Street for about 7.7 miles and turn left onto Memory Lane. 240 Memory Lane will be approximately .4 miles on the right. Sign will be on property.
Your commute
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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!