3108 Shanks Lane, Knoxville, TN 37938 (MLS# 1314616)

3108 Shanks Lane, Knoxville, TN 37938

$367,000

Upstairs Covered Porch and French Door E

Property Type: Single Family Bedrooms: 3 Square Footage: 1,824 Lot Size (sq. ft.): 65,340 Status: Pending - Continue to Show

Current Price: $367,000 List Date: 9/08/2025 Last Modified: 3/22/2026

Overview

Description

Welcome to 3108 Shanks Lane Knoxville, TN 37938 - a unique income-producing property offering versatility and an incredible county setting. Whether you're looking to invest in a rental property or need multi-functional home, this property is the perfect fit. Main House: The main house features an expansive, open floor plan that seamlessly blends the kitchen, living room, and dining area. French doors that open the entire living space to the covered wrap around porch area. This layout extends the areas for that perfect indoor/outdoor entertaining feature, The open layout creates an airy, flowing atmosphere, combining indoor and outdoor living. Whether hosting family gatherings or enjoying quiet evenings, this space provides the ideal setting for both. On the main floor, you'll find 2 bedrooms and 2 bathrooms, including a master suite that offers privacy and comfort. The laundry room is conveniently located on this floor, Downstairs: The lower level is accessible through separate exterior doors below, providing added privacy. On the right side, you'll find a fully functional Mother-in-Law suite with its own bedroom, bathroom, storage closet, and open-concept kitchen, living, and dining space. This space is perfect for extended family or can be rented out for additional income. This area has its own exterior access through the garage, making it ideal for tenants or additional family members. Exterior and Garage: On the left side. The property includes a 2-car garage and a long driveway with circle drive access that can easily accommodate up to four cars or more. This is perfect for hosting guests or entertaining. The property is shaded by mature trees, offers a peaceful and private environment. Income-Producing Potential: With separate living spaces and exterior entrances, this property offers excellent income potential. The main house and Mother-in-Law suite can be rented out individually, providing streams of rental income. The layout also makes it ideal for multi-generational living, offering privacy and independence for each occupant. Don't miss out on the opportunity to own this versatile, income-producing property. Schedule a showing today and see all the possibilities it has to offer!

Listing Details MLS# 1314616

Location Tax Legal Info

House #: 3108
Street Name: Shanks
St Suffix: Lane
State/Province: TN
Zip Code: 37938
PIN #: 027 21901
Subdivision: Bill England & William Buchanan Property

Contract Info

Auction Y/N: No
Listing Price: 367000
Occupancy: Permanent Residence

General Property Description

Type: Basement Ranch
Acres: 1.5
Acre Source: Tax Records
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 1824
SqFt - Main Lvl: 1224
SqFt - Down Lvl: 600
Total Unfinished SqFt: 600
# Bedrooms: 3
Baths - Full: 3
# of Rooms: 8
Fireplace: No
Property Status: N/A
HOA: No
Year Built: 2008
Bonus Room: No
Extra Storage: Yes
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
Basement: Yes

Status Change Info

Status Change Date: 2026-03-22
Under Contract Date: 2026-03-22

Location, Tax & Legal Info

Area: Knox County - 1
Property Sub-Type: Residential
City/County Code: County
Elementary School: Copper Ridge
Middle School: Halls
Total Tax: 843.82
High School: Halls

Remarks & Misc

Directions: GPS: 3108 Shanks Ln Knoxville, Tennessee 37938 MapQuest: Take ramp onto I-275 N toward Lexington. Go for 3.9 mi. Continue on I-75 N. Go for 8.7 mi. Take exit 117 toward TN-170/Raccoon Valley Rd. Go for 0.3 mi. Turn right onto E Raccoon Valley Dr (TN-170 E). Go for 1.4 mi. Continue on Old Raccoon Valley Dr (TN-170). Go for 0.7 mi. Turn right onto Norris Fwy (US-441 S). Go for 2.1 mi. Turn right onto Shade Weaver Rd. Go for 36 ft. Turn right onto Highland View Rd. Go for 0.2 mi. Turn left onto Shanks Ln. Go for 0.3 mi. End at: 3108 Shanks
Public Remarks: Welcome to 3108 Shanks Lane Knoxville, TN 37938 - a unique income-producing property offering versatility and an incredible county setting. Whether you're looking to invest in a rental property or need multi-functional home, this property is the perfect fit. Main House: The main house features an expansive, open floor plan that seamlessly blends the kitchen, living room, and dining area. French doors that open the entire living space to the covered wrap around porch area. This layout extends the areas for that perfect indoor/outdoor entertaining feature, The open layout creates an airy, flowing atmosphere, combining indoor and outdoor living. Whether hosting family gatherings or enjoying quiet evenings, this space provides the ideal setting for both. On the main floor, you'll find 2 bedrooms and 2 bathrooms, including a master suite that offers privacy and comfort. The laundry room is conveniently located on this floor, Downstairs: The lower level is accessible through separate exterior doors below, providing added privacy. On the right side, you'll find a fully functional Mother-in-Law suite with its own bedroom, bathroom, storage closet, and open-concept kitchen, living, and dining space. This space is perfect for extended family or can be rented out for additional income. This area has its own exterior access through the garage, making it ideal for tenants or additional family members. Exterior and Garage: On the left side. The property includes a 2-car garage and a long driveway with circle drive access that can easily accommodate up to four cars or more. This is perfect for hosting guests or entertaining. The property is shaded by mature trees, offers a peaceful and private environment. Income-Producing Potential: With separate living spaces and exterior entrances, this property offers excellent income potential. The main house and Mother-in-Law suite can be rented out individually, providing streams of rental income. The layout also makes it ideal for multi-generational living, offering privacy and independence for each occupant. Don't miss out on the opportunity to own this versatile, income-producing property. Schedule a showing today and see all the possibilities it has to offer!

More Information

Atchd/Dtchd Type

Detached: Yes

Style

Traditional: Yes

Construction

Block: Yes
Frame - Brick: Yes

Siding

Brick: Yes
Vinyl: Yes

Fireplace

None: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Carpet: Yes
Laminate: Yes
Tile: Yes

Garage/Parking

Garage Spaces: 2
Basement: Yes
Garage Door Opener: Yes
Garage Faces Side: Yes
Off-Street Parking: Yes
Other: Yes

Basement

Partially Finished: Yes
Slab: Yes
Walkout: Yes
Other: Yes
Outside Entr. Only: Yes

Lot Description

Rolling Slope: Yes
Wooded: Yes

Fuel

Electric: Yes

View

Country Setting: Yes
Wooded: Yes

Heat

Ceiling: Yes
Central: Yes

Dining Area

Breakfast Bar: Yes
Eat-in Kitchen: Yes
Kitchen/Dining Rm Co: Yes
Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Other Rooms

Addl Living Quarter: Yes
Bedroom Main Level: Yes
Extra Storage: Yes
Mstr Bdrm Main Level: Yes
Workshop: Yes

Exterior Features

Deck: Yes
Patio: Yes
Porch - Covered: Yes
Window - Energy Star: Yes
Windows - Vinyl: Yes

Misc Features

Kitchen Island: Yes
Walk-In Closet(s): Yes
Washer/Dryer Connect: Yes
Wired for Internet: Yes

Sewer

Septic Tank: Yes

Water

Public: Yes

New Financing

Cash: Yes
Conventional: Yes
FHA: Yes
New Loan: Yes
VA Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Traditional Construction: Block; Frame - Brick Siding: Brick; Vinyl Basement: Partially Finished; Slab; Walkout; Other; Outside Entr. Only Lot Description: Rolling Slope; Wooded View: Country Setting; Wooded Fireplace: None Floors: Carpet; Laminate; Tile Fuel: Electric Heat: Ceiling; Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Sewer: Septic Tank Water: Public Other Rooms: Addl Living Quarter; Bedroom Main Level; Extra Storage; Mstr Bdrm Main Level; Workshop Misc Features: Kitchen Island; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Deck; Patio; Porch - Covered; Window - Energy Star; Windows - Vinyl Dining Area: Breakfast Bar; Eat-in Kitchen; Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; VA Loan

Listing Office: Sail Away Homes & Land

IDX

Office Phone: 865-717-7245

Last Updated: March - 22 - 2026

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.