Attention investors and developers! Nestled in a private wooded location with 15.66 acres, this distressed property offers an incredible opportunity for those with vision and ambition. Whether you're looking for a rewarding investment to transform into a fix-and-flip, vacation rental home or a place to call your own, this home is brimming with potential. Tear down and start from scratch or invest some sweat equity to restore this cabin to its former glory! Down a winding dirt and gravel drive, set back from the road and surrounded by trees for ultimate seclusion, this house makes a great getaway in a charming Oliver Springs location. Imagine the restored covered front porch with rocking chairs that look out over the ever-changing artwork of nature. The interiors reveal a 1128 SQFT floor plan with a light-filled open layout. The 3 bedrooms and 2 baths include a primary with its own ensuite bathroom. Walk-in crawl space and tear-down barn/shed on property. This fixer-upper on a large lot is a terrific investment opportunity for those looking to transform a property to their own specifications and desires. Despite its current condition, the property's sizeable lot offers the potential for expansion or development, making it an attractive option for any investor. This right here is your opportunity to create something straight from the pages of your dream home scrapbook. Inquire Today! Buyer to verify all information.
Sold for $245,000 on 02/14/25
$245,000
10386 Petros Hwy, Oliver Springs, TN 37840
3beds
960sqft
Single Family Residence
Built in 1995
15.66 Acres Lot
$248,500 Zestimate®
$255/sqft
$1,597 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 19, 2025 at 08:17am
Listed by:
Ryan Coleman,
Hometown Realty, LLC
Bought with:
Jennifer Mullins, 358063
Realty Executives Associates on the Square
Source: East Tennessee Realtors,MLS#: 1280806

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Propane, Other
Cooling
- None
Appliances
- Included: None
Features
- Flooring: Laminate
- Has basement: Yes
- Fireplace features: None
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Features
- Patio & porch: Covered
Lot
- Size: 15.66 Acres
- Features: Wooded
Details
- Parcel number: 110 068.01 and 110 068.02
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Oliver Springs