Pat McCollum Can Help You Purchase This Home

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!

4868 TVA Lab Rd, Louisville, 37777

Priced At: $499,000

Property Details for ID: 1319085

Contact Us Schedule Showing Text Flyer Email Flyer

SqFt: 1,587
Price SqFt: $314
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-17T19:59:37Z

Public Remarks: Huge Price Reduction! Two homes on one lot in peaceful Louisville, TN! — and this one is a rare find. This property sits on 0.68 acres and comes with two houses, giving you options for multigenerational living, rental income, or a private guest space. The main home is mostly updated and offers 3 beds, 2 baths, and approx. 1,587 sq ft. You'll love the new flooring (there are wood floors underneath) new doors, fully remodeled bathrooms, and a $10K kitchen renovation with fresh cabinets, counters, and fixtures. The living and dining areas feel bright and open, and the screened-in porch is perfect for quiet mornings or winding down at night. There's also a brand-new two-car garage, and all the materials to finish the inside of the garage are included. The second home sits just behind the main house and has 2 beds, 2 baths, and roughly 1,765 sq ft. It does need a full renovation, but that's where the opportunity comes in — guest house, in-law suite, long-term rental, Airbnb... you name it. The lot sits next to TVA land, which means no neighbors on one side, and you're less than half a mile from the TVA public boat launch. Expect deer, turkey, and plenty of East Tennessee wildlife stopping by, all while being minutes from Maryville, Alcoa, and Knoxville. A storage shed is included for extra tools or toys, and between both homes plus the garage, you've got space for everything. With this major price drop, this one is an incredible value for someone ready to take advantage of all the potential it offers.

Schools Information

Elementary School: Rockford
Middle / Junior School: Eagleton
High School: Eagleton

Building Description

Building Style: Traditional
Type: Ranch
Site Built: Yes
Year Built: 1972
Total Rooms: 6
SqFt (Total): 1,587
SqFt (Main Lvl): 1,587
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Cable Available (TV Only), Porch - Covered, Porch - Screened
Construction: Block, Brick, Frame
Siding: Brick

  Appliances

Dishwasher, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector

  Room Dimensions

  Interior Features

Dining Area: Breakfast Room, Living RmDining Rm
Floors: Carpet, Laminate, Vinyl
Other Rooms: Family Room, LaundryUtility
Misc Features: Internet Available, Walk-in Shower, WasherDryer Connect

  Property Details

Acreages: 0.68
Lot Description: Level
View: Country Setting

Utilities

Fuel Types: Propane

Financing

Finance Options: Cash, Conventional

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): Free Standing, Gas Log
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Attached, Main Level, RV Parking

  Community Features

Outbuildings

Guest House, Storage Shed

Presented By: / Realty Executives Associates

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Alcoa Hwy, Topside Rd approx. 1 mile to TVA Lab Rd. House is approx. .4 mile on right side.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

Listing Id: (Click to View)
List Price:
Full Baths:
Half Baths:
Total Beds:
Total SqFt:
Address:
Public Remarks:


Mortgage Calculator

Loan Amount (80% of list price)

$

Term (in years)?

What will be the interest rate?

%


Instructions: Enter numbers and decimal points. No commas or other characters.



This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.

Four Reasons to Use Pat McCollum

Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

On-Time Guarantee

From showings to closing; we know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Video Services

We will set your home/property apart from others on the market with professional quality, innovative video marketing complete with narration and music.

You Are Valued

We recognize that we are partners with our clients and as such, we strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Professional Staff

We only employ the very best agents and we back them up with the brightest office staff to help insure the highest level of service.