$539,900
About this home
Private Basement Rancher with Lake Views & Additional Buildable Lots. Discover the potential of this all-brick basement rancher in Morristown, offering nearly 2,600 square feet of living space, three bedrooms, and three full bathrooms. Situated in a private setting, this home has great bones and plenty of opportunity for someone looking to update and make it their own. The property includes two additional buildable neighborhood lots, providing an exceptional amount of privacy, space, and future possibilities. The two additional lots also offer beautiful lake views, adding to the appeal of this unique property. The basement features a spacious recreation room and offers excellent potential for future additional living quarters, guest accommodations, a home office, or a flexible multi-generational living space. With its generous size and existing layout, the lower level provides plenty of room to bring your vision to life. While the home will need updating, the solid brick construction, spacious floor plan, and desirable setting make this a property with tremendous potential. The roof is approximately two years old, providing a major recent improvement. Whether you're looking for a private residence with room to grow or an opportunity to create something special, this Morristown property offers a rare combination of space, privacy, lake views, additional buildable land, and future possibilities.
Highlights
Property details
- MLS
- East Tennessee REALTORS® MLS
- MLS #
- 1354403
- Property type
- Single Family Residence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 29
- On market date
- September 4, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 5.07 acres
Location
Get directions →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.
- Enrollment
- 629
- Student:teacher ratio
- 16.1:1
- District
- Hamblen County
- Enrollment
- 518
- Student:teacher ratio
- 15.7:1
- District
- Hamblen County
- Enrollment
- 1,612
- Student:teacher ratio
- 18.7:1
- District
- Hamblen County
Walkability
Blended score for Morristown'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).
Market position
How this listing compares to current activity in Morristown, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
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.