174 Lance Lane, LaFollette, TN 37766
$699,999
Property Type:
Single Family
Bedrooms:
6
Square Footage:
4,993
Lot Size (sq. ft.):
87,120
Status:
Active
Current Price:
$699,999
List Date:
12/03/2025
Last Modified:
12/03/2025
Description
Looking for an income-generating property? Look no further for countless opportunities for revenue! This home can be an expansive single-family home that affords ample space & setup for a multigenerational family OR, with a few minor modifications, this can be a primary residence with up to 4 separate units to lease or use as short-term rental income. Opportunities galore! No need to worry about overpaying—there is an appraisal on file. Cash in your chips for instant equity; this home is priced at $50,000 below appraisal value; see appraisal on file.
Discover the perfect blend of tranquility & generational wealth in this remarkable home tucked neatly away in the beautiful Cumberland Mountains. Nestled in Campbell County, just north of Knoxville, La Follette is a charming town where breathtaking mountain views meet a close-knit community. Once a thriving coal and iron hub, its history is steeped in resilience and hard work. What truly sets La Follette apart is its people—friendly, proud, and always ready to lend a helping hand. Here, neighbors support one another, and traditions run deep, creating an unparalleled sense of belonging.
There are endless things to do, with stunning Norris Lake just 10 minutes away, the Tiki Club, ample parks like Lonas Young, Dr. Lee J. Seargeant, and Freeman parks, Chapman Hill Winery, and expansive trail rides like Royal Blue, Tackett Creek, Winrock & many more! This property features three primary suites, two on the main level, over 5,000 square feet of living space & multiple separate living areas, offering limitless potential. This dream home provides ample space for entertaining. Imagine the possibilities: with a few modifications, you can convert this home into a triplex or quadplex, maximizing rental income potential. With the ability to accommodate up to 4 units, the projected ROI is an impressive 10%, making it a fantastic investment opportunity.
Enjoy serene moments on the back screened porch overlooking 2 wooded acres, unwind by the luxurious saltwater pool, hot tub, & pool house complete with a full kitchen & bathroom, or spend a relaxing evening by the firepit. Stargaze from the front porch. The studio apartment over the detached garage is ready for your first tenant or short-term guest today! Additional features include a brand-new roof with a transferable warranty, extensive storage, a bonus workshop under the pool house, & a charming playhouse. La Follette offers the perfect balance of small-town charm and modern conveniences, with just a 45-minute commute to downtown Knoxville.
Don't miss out on this incredible investment & lifestyle opportunity. Come see all this property has to offer!
More Information MLS# 1293086
Contract Info
Auction Y/N: No
Listing Price: 699999
Current Price: $699,999
Status: Active
Listing Date: 2025-03-12
Location, Tax & Legal Info
Area: Campbell County - 37
Property Sub-Type: Residential
City/County Code: County
Total Tax: 2374.6
General Property Description
Type: 2 Story Basement
# Bedrooms: 6
Acres: 2
Acre Source: Appraiser
# of Rooms: 12
Restrictions: Yes
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 1956
SqFt - Down Lvl: 1799
SqFt - 2nd Flr Lvl: 934
SqFt - 3rd Flr Lvl: 0
# Fireplace: 1
HOA: No
Basement: Yes
Bonus Room: Yes
Extra Storage: Yes
SqFt - Total (Aprox): 4993
Baths - Full: 6
Baths - 1/2: 2
Year Built: 1989
Remarks & Misc
Directions: Take exit 134 toward Jacksboro/La Follette, Continue on US-25W N/I-75ALT N, Take TN-63 E to Lance Ln, Merge onto US-25W N/I-75ALT N, Continue onto TN-63 E/E Central Ave, Continue to follow TN-63 E, Turn right toward Old Middlesboro Hwy, Slight left onto Old Middlesboro Hwy, Turn right onto Glade Springs Rd, Turn right onto Morton Rd, Turn left to stay on Morton Rd, Turn right onto Lance Ln
Public Remarks: Looking for an income-generating property? Look no further for countless opportunities for revenue! This home can be an expansive single-family home that affords ample space & setup for a multigenerational family OR, with a few minor modifications, this can be a primary residence with up to 4 separate units to lease or use as short-term rental income. Opportunities galore! No need to worry about overpaying—there is an appraisal on file. Cash in your chips for instant equity; this home is priced at $50,000 below appraisal value; see appraisal on file.
Discover the perfect blend of tranquility & generational wealth in this remarkable home tucked neatly away in the beautiful Cumberland Mountains. Nestled in Campbell County, just north of Knoxville, La Follette is a charming town where breathtaking mountain views meet a close-knit community. Once a thriving coal and iron hub, its history is steeped in resilience and hard work. What truly sets La Follette apart is its people—friendly, proud, and always ready to lend a helping hand. Here, neighbors support one another, and traditions run deep, creating an unparalleled sense of belonging.
There are endless things to do, with stunning Norris Lake just 10 minutes away, the Tiki Club, ample parks like Lonas Young, Dr. Lee J. Seargeant, and Freeman parks, Chapman Hill Winery, and expansive trail rides like Royal Blue, Tackett Creek, Winrock & many more! This property features three primary suites, two on the main level, over 5,000 square feet of living space & multiple separate living areas, offering limitless potential. This dream home provides ample space for entertaining. Imagine the possibilities: with a few modifications, you can convert this home into a triplex or quadplex, maximizing rental income potential. With the ability to accommodate up to 4 units, the projected ROI is an impressive 10%, making it a fantastic investment opportunity.
Enjoy serene moments on the back screened porch overlooking 2 wooded acres, unwind by the luxurious saltwater pool, hot tub, & pool house complete with a full kitchen & bathroom, or spend a relaxing evening by the firepit. Stargaze from the front porch. The studio apartment over the detached garage is ready for your first tenant or short-term guest today! Additional features include a brand-new roof with a transferable warranty, extensive storage, a bonus workshop under the pool house, & a charming playhouse. La Follette offers the perfect balance of small-town charm and modern conveniences, with just a 45-minute commute to downtown Knoxville.
Don't miss out on this incredible investment & lifestyle opportunity. Come see all this property has to offer!
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Block: 1
Frame: 1
Siding
Brick: 1
Wood: 1
Fireplace
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Wall Cooling: 1
Floors
Carpet: 1
Hardwood: 1
Laminate: 1
Tile: 1
Vinyl: 1
Garage/Parking
Garage Spaces: 1
Detached: 1
Garage Door Opener: 1
Main Level: 1
RV Parking: 1
Basement
Crawl Space: 1
Partially Finished: 1
Walkout: 1
Lot Description
Rolling Slope: 1
Wooded: 1
Fuel
Electric: 1
View
Mountain View: 1
Wooded: 1
Heat
Central: 1
Dining Area
Breakfast Bar: 1
Breakfast Room: 1
Eat-in Kitchen: 1
Formal Dining Area: 1
Kitchen/Dining Rm Co: 1
Appliances
Dishwasher: 1
Gas Grill: 1
Microwave: 1
Range: 1
Refrigerator: 1
Other Rooms
2nd Rec Room: 1
Addl Living Quarter: 1
Basement Rec Room: 1
Bedroom Main Level: 1
Breakfast Room: 1
Den/Study: 1
Extra Storage: 1
Family Room: 1
Great Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Office: 1
Split Bedroom: 1
Workshop: 1
Exterior Features
Deck: 1
Doors - Storm: 1
Patio: 1
Pool - Swim (Ingrnd): 1
Porch - Covered: 1
Porch - Screened: 1
Windows - Insulated: 1
Misc Features
Cathedral Ceiling(s): 1
Hot Tub: 1
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Public: 1
Outbuildings
Storage Shed: 1
New Financing
Cash: 1
Conventional: 1
Exchange: 1
FHA: 1
USDA/Rural: 1
VA Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 174
Street Name: Lance
St Suffix: Lane
State/Province: TN
Zip Code: 37766
PIN #: 077P A 019.00 000
Subdivision: Esco Morton
Geo Lat: 36.396193
Geo Lon: -84.048386
Status Change Info
Status Change Date: 2025-03-13
Property Features
Style: Traditional
Construction: Block; Frame
Siding: Brick; Wood
Basement: Crawl Space; Partially Finished; Walkout
Lot Description: Rolling Slope; Wooded
View: Mountain View; Wooded
Fireplace: Electric
Floors: Carpet; Hardwood; Laminate; Tile; Vinyl
Fuel: Electric
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling; Wall Cooling
Appliances: Dishwasher; Gas Grill; Microwave; Range; Refrigerator
Sewer: Septic Tank
Water: Public
Other Rooms: 2nd Rec Room; Addl Living Quarter; Basement Rec Room; Bedroom Main Level; Breakfast Room; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Split Bedroom; Workshop
Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Deck; Doors - Storm; Patio; Pool - Swim (Ingrnd); Porch - Covered; Porch - Screened; Windows - Insulated
Outbuildings: Storage Shed
Dining Area: Breakfast Bar; Breakfast Room; Eat-in Kitchen; Formal Dining Area; Kitchen/Dining Rm Co
Showing: See Agent Instructns
New Financing: Cash; Conventional; Exchange; FHA; USDA/Rural; VA Loan
Documents
Listing Office:
Keller Williams Realty
IDX
Office Phone: 865-694-5904
Last Updated: December - 03 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Appraisal Report ›