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53 photos

$649,999

340/342 Bank St, Tellico Plains, TN 37385
Tellico Plains, TN 37385
Listed by Amie Grayson · Keller Williams Athens
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
1994

About this home

Two Homes, One Exceptional Property in Tellico Plains! Discover the possibilities with this unique multigenerational property or potential income-producing opportunity, offering two well-maintained, move-in-ready homes on approximately 0.9 acres in the heart of Tellico Plains, Tennessee. The main residence features 3 bedrooms, 2.5 bathrooms, and approximately 2,240 square feet, providing plenty of space for comfortable everyday living and entertaining, as well as a 2-car attached garage. A second home offers an additional 1,014 square feet with 3 bedrooms and 1 bathroom--perfect for extended family, guests, or potential rental income. Adding even more value is a spacious 30' x 40' detached garage with concrete flooring, ideal for vehicles, workshop space, storage, or recreational equipment. Enjoy beautiful mountain views from the expansive front porch while being conveniently located in the heart of Tellico Plains. Outdoor enthusiasts will love the easy access to the scenic Tellico River and Bald River Falls, just approximately 12 miles away. A 30-foot easement at the bottom of the property provides access to the property located behind it. Whether you're looking for a home for multiple generations, space for guests, a potential rental opportunity, or simply room to spread out, this property offers an exceptional combination of space, flexibility, mountain views, and location. Properties offering two homes and a large garage in Tellico Plains don't come along often--come see the possibilities for yourself!

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1355378
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
1
On market date
September 13, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.9 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
Tellico Plains Elementary
0.24 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
351
Student:teacher ratio
18.5:1
District
Monroe County
Middle
Tellico Plains Junior High School
0.27 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
272
Student:teacher ratio
19.4:1
District
Monroe County
High
Tellico Plains High School
0.66 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
474
Student:teacher ratio
16.9:1
District
Monroe County

Walkability

Blended score for Tellico Plains'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).

17
Very car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least 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 Tellico Plains, from live MLS data.

On the market 1 days -- 170 fewer days than Tellico Plains's current average of 171 days.
For reference, the median list price across 119 active listings in Tellico Plains right now is $289,000.

Mortgage calculator

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

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$4,064/mo
$130,000 down
$519,999 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated September 14, 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.