508 Petit Lane, Wartburg, TN 37887

New
$225,000
Property Type: Single Family Bedrooms: 4 Square Footage: 1,120 Lot Size (sq. ft.): 25,265 Status: Active
Current Price: $225,000 List Date: 2/27/2026 Last Modified: 2/27/2026

Description

Nestled in the heart of Wartburg, this inviting property offers flexibility, character, and income potential all in one unique package. With a total of 4 bedrooms and 2 1/2 baths between the main home and attached suite, this property presents a rare opportunity for multi-generational living, rental income, or private guest accommodations. The main home features 3 bedrooms and 1 1/2 baths, offering a functional layout with a warm, welcoming feel. Inside, you'll find cozy living spaces filled with charm and personality. The home has a comfortable, lived-in appeal that makes it easy to envision adding your own updates and personal touches over time. Whether you're a first-time buyer, investor, or someone looking for a property with potential, this home provides a solid foundation and endless possibilities. Connected by a convenient laundry room, the attached 1 bedroom, 1 bath suite offers privacy and versatility. Currently operating as a successful Airbnb, the suite provides an excellent opportunity for supplemental income or could easily serve as a mother-in-law suite, guest quarters, or private home office. Its separation from the main living space allows both areas to function independently while still remaining under one roof. A small attached garage provides covered parking or workspace, while 2 detached storage buildings offer ample room for tools, hobbies, or equipment. A separate detached metal storage structure located away from the home provides even more space for vehicles, recreational equipment, or workshop needs.

More Information MLS# 1330790

Contract Info

Auction Y/N: No Occupancy: Permanent Residence Listing Price: 225000 Current Price: $225,000 Status: Active Listing Date: 2026-02-27

Location, Tax & Legal Info

Area: Morgan County - 35 Property Sub-Type: Residential City/County Code: County Total Tax: 748.4

General Property Description

Type: Ranch # Bedrooms: 4 Lot Dimensions: 263x60 Acres: 0.58 Acre Source: Tax Records # of Rooms: 9 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 1120 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): 1120 Baths - Full: 2 Baths - 1/2: 1 Year Built: 1989

Remarks & Misc

Directions: From downtown Wartburg, head south on North Kingston Street, turn right onto Knoxville Highway (US-27), then take a right onto Petit Lane and continue straight until you reach 508 Petit Lane, which will be on your right. Public Remarks: Nestled in the heart of Wartburg, this inviting property offers flexibility, character, and income potential all in one unique package. With a total of 4 bedrooms and 2 1/2 baths between the main home and attached suite, this property presents a rare opportunity for multi-generational living, rental income, or private guest accommodations. The main home features 3 bedrooms and 1 1/2 baths, offering a functional layout with a warm, welcoming feel. Inside, you'll find cozy living spaces filled with charm and personality. The home has a comfortable, lived-in appeal that makes it easy to envision adding your own updates and personal touches over time. Whether you're a first-time buyer, investor, or someone looking for a property with potential, this home provides a solid foundation and endless possibilities. Connected by a convenient laundry room, the attached 1 bedroom, 1 bath suite offers privacy and versatility. Currently operating as a successful Airbnb, the suite provides an excellent opportunity for supplemental income or could easily serve as a mother-in-law suite, guest quarters, or private home office. Its separation from the main living space allows both areas to function independently while still remaining under one roof. A small attached garage provides covered parking or workspace, while 2 detached storage buildings offer ample room for tools, hobbies, or equipment. A separate detached metal storage structure located away from the home provides even more space for vehicles, recreational equipment, or workshop needs.

Atchd/Dtchd Type

Detached: 1

Style

A-Frame: 1

Construction

Frame: 1

Siding

Wood: 1

Fireplace

None: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Laminate: 1 Vinyl: 1

Garage/Parking

Garage Spaces: 1 Attached: 1 Detached: 1

Basement

Crawl Space: 1

Lot Description

Level: 1

Fuel

Gas (Natural): 1

View

Country Setting: 1 Mountain View: 1

Heat

Central: 1

Dining Area

Eat-in Kitchen: 1

Appliances

Dishwasher: 1 Disposal: 1 Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1

Other Rooms

Laundry/Utility: 1

Exterior Features

Patio: 1 Porch - Covered: 1 Porch - Screened: 1

Misc Features

Internet Available: 1 Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Public: 1

Outbuildings

Detached Workshop: 1 Storage Shed: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 New Loan: 1 THDA: 1 USDA/Rural: 1 VA Loan: 1 Other: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 508 Street Name: Petit St Suffix: Lane State/Province: TN Zip Code: 37887 PIN #: 119B A 01600 000 Geo Lat: 36.071987 Geo Lon: -84.519444

Status Change Info

Status Change Date: 2026-02-27

Property Features

Style: A-Frame Construction: Frame Siding: Wood Basement: Crawl Space Lot Description: Level View: Country Setting; Mountain View Fireplace: None Floors: Laminate; Vinyl Fuel: Gas (Natural) Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Sewer: Septic Tank Water: Public Other Rooms: Laundry/Utility Misc Features: Internet Available; Washer/Dryer Connect Exterior Features: Patio; Porch - Covered; Porch - Screened Outbuildings: Detached Workshop; Storage Shed Dining Area: Eat-in Kitchen Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; THDA; USDA/Rural; VA Loan; Other
Listing Office: Wallace
IDX
Office Phone: 865-966-1111
Last Updated: February - 27 - 2026
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