4868 TVA Lab Rd, Louisville, TN 37777

$499,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,587 Lot Size (sq. ft.): 29,621 Status: Active
Current Price: $499,000 List Date: 10/17/2025 Last Modified: 12/08/2025

Description

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.

More Information MLS# 1319085

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 499000 Current Price: $499,000 Status: Active Listing Date: 2025-10-17

Location, Tax & Legal Info

Area: Blount County - 28 Property Sub-Type: Residential City/County Code: County Elementary School: Rockford Middle School: Eagleton Total Tax: 1264.45 High School: Eagleton

General Property Description

Type: Ranch # Bedrooms: 3 Acres: 0.68 Acre Source: Tax Records # of Rooms: 6 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 1587 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: No Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 1587 Baths - Full: 2 Year Built: 1972

Remarks & Misc

Directions: From Alcoa Hwy, Topside Rd approx. 1 mile to TVA Lab Rd. House is approx. .4 mile on right side. 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.

Fencing

Wood: 1

Atchd/Dtchd Type

Attached: 1

Style

Traditional: 1

Construction

Block: 1 Brick: 1 Frame: 1

Siding

Brick: 1

Fireplace

Free Standing: 1 Gas Log: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1

Garage/Parking

Garage Spaces: 2 Attached: 1 Main Level: 1 RV Parking: 1

Basement

Crawl Space: 1

Lot Description

Level: 1

Fuel

Propane: 1

View

Country Setting: 1

Heat

Central: 1

Dining Area

Breakfast Room: 1 Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1 Self Cleaning Oven: 1 Smoke Detector: 1

Other Rooms

Family Room: 1 Laundry/Utility: 1

Exterior Features

Cable Available (TV Only): 1 Porch - Covered: 1 Porch - Screened: 1

Misc Features

Internet Available: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Public: 1

Outbuildings

Guest House: 1 Storage Shed: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 4868 Street Name: TVA Lab St Suffix: Rd State/Province: TN Zip Code: 37777 PIN #: 008 081.00 Geo Lat: 35.863161 Geo Lon: -83.97908

Status Change Info

Status Change Date: 2025-10-17

Property Features

Style: Traditional Construction: Block; Brick; Frame Siding: Brick Basement: Crawl Space Lot Description: Level View: Country Setting Fireplace: Free Standing; Gas Log Floors: Carpet; Laminate; Vinyl Fuel: Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Gas Range; Microwave; Refrigerator; Self Cleaning Oven; Smoke Detector Sewer: Septic Tank Water: Public Other Rooms: Family Room; Laundry/Utility Misc Features: Internet Available; Walk-in Shower; Washer/Dryer Connect Exterior Features: Cable Available (TV Only); Porch - Covered; Porch - Screened Fencing: Wood Outbuildings: Guest House; Storage Shed Dining Area: Breakfast Room; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Realty Executives Associates
IDX
Office Phone: 865-983-0011
Last Updated: December - 08 - 2025
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