8430 Foust Hollow Rd, Knoxville, TN 37938
$559,900
Property Type:
Single Family
Bedrooms:
5
Square Footage:
2,838
Lot Size (sq. ft.):
124,146
Status:
Closed
Current Price:
$550,000
List Date:
6/02/2023
Last Modified:
8/14/2023
Description
**Unique, Secluded Rancher on 2.85 Acres with Income-Producing Barndominium & Tiny Guest Home**
Welcome to this hidden gem nestled on a private, 2.85-acre parcel of land, offering tranquility and privacy in a serene, natural setting. This exceptional property comprises a rancher-style home along with an additional barndominium that presents a tremendous income-producing potential of up to $66,000 annually, or may be used as an in-law suite!
The main home, built in a classic rancher style, emphasizes comfort and convenience with its one-level layout. The moment you walk in, you are welcomed by a flowing, traditional ranch-style design accentuated with ample natural light, creating a warm and inviting atmosphere. Well-maintained and updated, the main house exhibits a blend of modern amenities and rustic charm.
Adjacent to the main home, the distinctive barndominium is a versatile addition to the property. A 1 bed 2 bath floor-plan equipped with a full kitchen, bathroom, and living space, this structure can serve as an in-law suite, providing a private and comfortable living area for family members. Alternatively, it can be used as a rental property for a steady income stream. With its separate entrance and dedicated parking, privacy for both parties is ensured.
Behind the Barndo, you'll find an additional 1 bed 1 bath dwelling, perfect for Holidays with the family! Outside, the sprawling acreage awaits exploration and enjoyment. Whether it's hosting lively summer BBQs, stargazing on clear nights, or simply enjoying the abundance of wildlife, this outdoor space offers countless possibilities. Mature trees dot the property, providing shade and an added layer of privacy.
The property's location combines the best of both worlds - secluded, yet conveniently accessible. While enjoying your private oasis, you are also just a short drive away from local amenities as you enter the North Knoxville area, making daily errands and commute hassle-free within the Beautiful Halls community.
Experience the perfect balance of seclusion and convenience, of home comfort and investment potential, all within this unique property. Make it your family home, a rental business, or a combination of both - the choice is yours.
Bedroom and Bathroom Breakdown:
Rancher: 3 bed, 2 bath, 1 bonus
Barndo: 1 bed, 2 bath
Tiny Home: 1 bed 1 bath
*Buyer to verify all information.
More Information MLS# 1228998
Location, Tax & Legal Info
House #: 8430
Street Name: Foust Hollow
St Suffix: Rd
State/Province: TN
Zip Code: 37938
Property Sub-Type: Residential
Area: Knox County - 1
City/County Code: County
PIN #: 019DA003
Community: Halls
Total Tax: 1348
Geo Lat: 36.127469
Geo Lon: -83.922388
Contract Info
Auction Y/N: No
Listing Price: 559900
Current Price: $550,000
Status: Closed
Listing Date: 2023-06-02
Cooperation Comp: 2
Compensation Type: %
Occupancy: Either
Gross Amount Year 1: 55000
Gross Amount Year 2: 55000
General Property Description
Type: Ranch
Acres: 2.85
Acre Source: Survey
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 2838
SqFt - Main Lvl: 1738
SqFt - 2nd Flr Lvl: 1100
# Bedrooms: 5
Baths - Full: 5
# of Rooms: 12
Fireplace: No
Property Status: N/A
HOA: No
Year Built: 1960
Bonus Room: Yes
Extra Storage: Yes
Remarks & Misc
Directions: Take Maynardville Hwy to Fort Sumter Rd. Continue on Fort Sumter Rd to Foust Hollow Rd, veer right onto Foust Hollow. Home is on the right.
Public Remarks: **Unique, Secluded Rancher on 2.85 Acres with Income-Producing Barndominium & Tiny Guest Home**
Welcome to this hidden gem nestled on a private, 2.85-acre parcel of land, offering tranquility and privacy in a serene, natural setting. This exceptional property comprises a rancher-style home along with an additional barndominium that presents a tremendous income-producing potential of up to $66,000 annually, or may be used as an in-law suite!
The main home, built in a classic rancher style, emphasizes comfort and convenience with its one-level layout. The moment you walk in, you are welcomed by a flowing, traditional ranch-style design accentuated with ample natural light, creating a warm and inviting atmosphere. Well-maintained and updated, the main house exhibits a blend of modern amenities and rustic charm.
Adjacent to the main home, the distinctive barndominium is a versatile addition to the property. A 1 bed 2 bath floor-plan equipped with a full kitchen, bathroom, and living space, this structure can serve as an in-law suite, providing a private and comfortable living area for family members. Alternatively, it can be used as a rental property for a steady income stream. With its separate entrance and dedicated parking, privacy for both parties is ensured.
Behind the Barndo, you'll find an additional 1 bed 1 bath dwelling, perfect for Holidays with the family! Outside, the sprawling acreage awaits exploration and enjoyment. Whether it's hosting lively summer BBQs, stargazing on clear nights, or simply enjoying the abundance of wildlife, this outdoor space offers countless possibilities. Mature trees dot the property, providing shade and an added layer of privacy.
The property's location combines the best of both worlds - secluded, yet conveniently accessible. While enjoying your private oasis, you are also just a short drive away from local amenities as you enter the North Knoxville area, making daily errands and commute hassle-free within the Beautiful Halls community.
Experience the perfect balance of seclusion and convenience, of home comfort and investment potential, all within this unique property. Make it your family home, a rental business, or a combination of both - the choice is yours.
Bedroom and Bathroom Breakdown:
Rancher: 3 bed, 2 bath, 1 bonus
Barndo: 1 bed, 2 bath
Tiny Home: 1 bed 1 bath
*Buyer to verify all information.
Status Change Info
Status Change Date: 2023-07-10
Under Contract Date: 2023-06-09
Sold Date: 2023-07-07
Sold Price: $550,000
Garage/Parking
Carport Spaces: 2
Property Features
Atchd/Dtchd Type: Detached
Style: Traditional; Other
Construction: Frame
Siding: Vinyl; Wood
Garage/Parking: Basement; Carport; Main Level; Off-Street Parking
Basement: Crawl Space
Lot Description: Irregular Lot; Private
View: Country Setting
Fireplace: None
Floors: Carpet; Hardwood; Vinyl
Fuel: Electric; Propane
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Self Cleaning Oven
Sewer: Septic Tank
Water: Public
Other Rooms: Addl Living Quarter; Bedroom Main Level; Extra Storage; Mstr Bdrm Main Level; Workshop
Misc Features: Internet Available; Pantry; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect; Wired for Internet
Exterior Features: Deck; Pool - Swim(Abv Grd); Windows - Vinyl
Outbuildings: Barn; Detached Workshop
Dining Area: Kitchen/Dining Rm Co
Showing: See Agent Instructns
New Financing: Cash; Conventional; USDA/Rural; VA Loan
Listing Office: United Real Estate Solutions
Last Updated: August - 14 - 2023
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