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50 photos

$469,900

517 Balsam Drive, Knoxville, TN 37918
Knoxville, TN 37918
Listed by Courtney Winters · Knox Native Real Estate
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1935

About this home

Historic charm meets thoughtful modern updates at 517 Balsam Dr, a beautifully maintained 4-bedroom, 2-bathroom home offering 2,572 square feet of living space on a rare double lot in the heart of North Knoxville. With the character and craftsmanship of a historic home paired with meaningful modern improvements, this property offers a special combination of charm, functionality, and space. Inside, the home has a layout that feels both classic and connected, with distinct living, dining, and kitchen spaces that flow naturally together. The designated dining room adds a sense of occasion for everyday meals or entertaining, while the spacious living room provides a comfortable gathering space anchored by a stunning $3,000 custom-built entertainment center. Fresh paint throughout and newer Samsung appliances add modern convenience, while original character is complemented by thoughtful improvements, including custom-made doors installed in 2022 that replaced all exterior doors and the majority of interior doors while preserving four original doors that add to the home's historic feel. One of the upstairs bedrooms even has a little magic of its own, with a custom sliding bookshelf serving as the door. The outdoor spaces are just as special. A professionally paved driveway leads to the home and its detached one-car garage, while extensive landscaping and hardscaping add to the impressive curb appeal. The front porch features a beautiful Trex renovation, while a separate covered porch wraps around the side to the back of the home, creating another inviting place to enjoy the outdoors. The large, fully fenced backyard offers room to garden, entertain, relax, and let pets roam, with a custom pergola and patio creating a natural setting for outdoor entertaining. A dedicated fenced garden area includes multiple raised beds, and the double lot provides an uncommon amount of space for a home in this location. Located in the Fountain City area of North Knoxville, 517 Balsam is close to the Broadway corridor, Fountain City amenities and parks, and the local restaurants and businesses that make this part of Knoxville so appealing. Downtown Knoxville and the Old City are also a short drive away, giving you easy access to dining, entertainment, and shopping while still enjoying the space and character of a historic North Knoxville home. If you've been looking for a home with genuine historic character, modern upgrades, a large lot, and outdoor spaces designed for enjoying life, 517 Balsam Dr is a rare find.

Highlights

Fireplace

Property details

MLS #
1357395
Property type
Single Family Residence
Subdivision
Fountain City Co
Status
Active
Days on market
1
On market date
October 1, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
0.32 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Fountain City Elementary
0.53 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
379
Student:teacher ratio
15.8:1
District
Knox County
Middle
Gresham Middle School
0.36 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
779
Student:teacher ratio
16.2:1
District
Knox County
High
Central High School
0.87 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
1,283
Student:teacher ratio
16.2:1
District
Knox County

Walkability

Blended score for Knoxville'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).

70
Walkable
out of 100
EPA National Walkability Index
10.7 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks7
Schools11
Transit stops9
Pharmacies5

Market position

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

On the market 1 days -- 73 fewer days than Knoxville's current average of 74 days.
For reference, the median list price across 2,149 active listings in Knoxville right now is $399,900.

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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Est. monthly payment
$2,980/mo
$93,980 down
$375,920 loan
Principal & interest$2,438
Property tax (est.)$392
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 2 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.