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$850,000

4532 E Lamar Alexander Pkwy, Walland, TN 37886
Walland, TN 37886
Listed by Amanda Verrips · eXp Realty, LLC
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1957

About this home

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.

Highlights

Fireplace

Property details

MLS #
1345058
Property type
Single Family Residence
Subdivision
Skinner
Status
Active
Days on market
64
On market date
June 18, 2026
Stories
N/A
Garage spaces
N/A
Lot size
5.33 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Walland Elementary School
1.77 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
289
Student:teacher ratio
16.1:1
District
Blount County
Middle
Heritage Middle School
1.93 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
711
Student:teacher ratio
15.5:1
District
Blount County
High
Heritage High School
1.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,333
Student:teacher ratio
15.9:1
District
Blount County

Mortgage calculator

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.