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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
8430 Foust Hollow Rd, Knoxville, TN 37938- MLS# 1228998
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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