508 Petit Lane, Wartburg, TN 37887

$219,999
Property Type: Single Family Bedrooms: 4 Square Footage: 1,120 Lot Size (sq. ft.): 25,265 Status: Active
Current Price: $219,999 List Date: 2/27/2026 Last Modified: 4/22/2026

Overview

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 exc ...

Listing Details MLS# 1330790

Location Tax Legal Info

House #
508
Street Name
Petit
St Suffix
Lane
State/Province
TN
Zip Code
37887
PIN #
119B A 01600 000

Contract Info

Auction Y/N
No
Listing Price
219999
Occupancy
Permanent Residence

General Property Description

Type
Ranch
Lot Dimensions
263x60
Acres
0.58
Acre Source
Tax Records
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
1120
SqFt - Main Lvl
1120
# Bedrooms
4
Baths - Full
2
Baths - 1/2
Yes
# of Rooms
9
Fireplace
No
Property Status
N/A
HOA
No
Year Built
1989
Bonus Room
No
Extra Storage
Yes
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2026-02-27

Location, Tax & Legal Info

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

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.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

A-Frame
Yes

Construction

Frame
Yes

Siding

Wood
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Laminate
Yes
Vinyl
Yes

Garage/Parking

Garage Spaces
1
Attached
Yes
Detached
Yes

Basement

Crawl Space
Yes

Lot Description

Level
Yes

Fuel

Gas (Natural)
Yes

View

Country Setting
Yes
Mountain View
Yes

Heat

Central
Yes

Dining Area

Eat-in Kitchen
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

Laundry/Utility
Yes

Exterior Features

Patio
Yes
Porch - Covered
Yes
Porch - Screened
Yes

Misc Features

Internet Available
Yes
Washer/Dryer Connect
Yes

Sewer

Septic Tank
Yes

Water

Public
Yes

Outbuildings

Detached Workshop
Yes
Storage Shed
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
New Loan
Yes
THDA
Yes
USDA/Rural
Yes
VA Loan
Yes
Other
Yes

Showing

See Agent Instructns
Yes

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
IDX
Listing Office: Wallace
Office Phone: 865-966-1111
Last Updated: April - 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.