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46 photos

$175,000

289 Midway Drive, Oliver Springs, TN 37840
Oliver Springs, TN 37840
Listed by Natalie Gibson · GORMAN REALTY
Bedrooms
6
Bathrooms
3
Living area
N/A
Year built
1935

About this home

8+Acre creek-front redevelopment or restoration Opportunity! Discover the potential at 289 Midway Drive in Oliver Springs, offering over 8 acresalong Poplar Creek with three historic B-1 Oak Ridge structures situated on the property. Each home has 2 bedrooms, 1 bath. This unique tract presents an opportunity for redevelopment, restoration, or an investment project for a buyer with the vision and resources to bring these structures back to their former character. The existing structures are being sold AS-IS, WHERE-IS and require significant repair and renovation. The acreage provides an excellent opportunity for an investor, developer, contractor, or preservation-minded buyer looking for a unique project with plenty of possibilities. Conveniently located in Oliver Springs with easy access to Oak Ridge and surrounding Anderson County communities, this property offers a rare combination of acreage, historic structures, and redevelopment potential. Bring your vision and explore the possibilities! Buyer to verify all information, including zoning, utilities, property boundaries, permitted uses, and feasibility of any proposed development or restoration. Due to the condition of the structures, entry should be made with appropriate caution.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1351111
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
61
On market date
August 7, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
8.4 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Norwood Elementary
1.09 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
244
Student:teacher ratio
14.4:1
District
Anderson County
Middle
Norwood Middle School
1.17 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
173
Student:teacher ratio
11.5:1
District
Anderson County
High
Oak Ridge High School
2.59 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
1,517
Student:teacher ratio
15.8:1
District
Oak Ridge

Walkability

Blended score for Oliver Springs's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

18
Very car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Oliver Springs, from live MLS data.

On the market 61 days -- 1 more days than Oliver Springs's current average of 60 days.
For reference, the median list price across 32 active listings in Oliver Springs right now is $354,700.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,204/mo
$35,000 down
$140,000 loan
Principal & interest$908
Property tax (est.)$146
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 20 days ago.

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.