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4532 E Lamar Alexander Pkwy, Walland, 37886
Priced At: $850,000
Property Details for ID: 1345058
SqFt: 1,320
Price SqFt: $644
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-06-18T13:57:52Z
Subdivision: Skinner
Public Remarks: Discover a rare income-producing opportunity in Walland, TN, ideally located near Maryville, Townsend, Little River, and the Great Smoky Mountains. Situated on 5.33 surveyed acres, 4532 E Lamar Alexander Parkway features a 3-bedroom, 2-bath home with a basement and is currently operating as an income-producing communal living property with 7 units, plus 3 additional RV spots with water and electric hookups. All units convey with the property, including the current RV, covered carports, and sheds, creating an excellent opportunity for continued rental income, communal living, or a flexible investment property. The property also offers convenient ingress and egress from US-321, adding ease of access for residents, guests, or future use. Beyond its income potential, the property offers ample outdoor space to enjoy East Tennessee living. Established garden areas provide an opportunity for homesteading, growing your own produce, or supporting a self-sustaining lifestyle. The surveyed acreage also offers room for recreation, expansion, or future income possibilities while maintaining a peaceful rural setting. Zoned R-1 Rural, the property may offer flexibility for certain special uses subject to applicable county approvals. With existing income-producing units, utility-connected RV spots, included structures, a basement home, established garden space, and over five acres of usable land, this property offers exceptional versatility and long-term potential. Buyer to verify all information, zoning, permitted uses, rental use, RV use, subdivision potential, special exception requirements, and intended use.
Schools Information
Elementary School: WallandMiddle / Junior School: Heritage
High School: Heritage
Building Description
Site Built: Yes
Year Built: 1957
Total Rooms: 9
SqFt (Total): 1,320
SqFt (Main Lvl): 1,320
SqFt (Down Lvl): 600
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Basement: Yes
Basement Type: Partially Finished, Walkout
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
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Date: Saturday, June 20, 2026 From: 1:00 pm until 3:00 pm |
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Hosted By: Amanda Verrips Phone: (865) 468-6699 |
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Directions
From Maryville, travel south on US-321/E Lamar Alexander Parkway toward Townsend. Continue through Walland approximately 10 miles. Property is located at 4532 E Lamar Alexander Parkway on the right. Sign on property.
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!