Wallace Real Estate's Active Listings

$700,000
Active

Lancing Area Single Family Home

Active

258 Charlie Newberry Rd Lancing, TN 37770

2 Bed
2 Baths
1200 sqft
MLS# 1289690
REDUCED PRICE! 89 acres of unrestricted woodland come with this lovely, well maintained 2 bedroom, 2 full bath home. Perfect for weekend getaways, a summer home, or your very own hunting preserve. A creek runs near the southern border of the land attracting wildlife. Deer and turkey are plentiful. The lack of restrictions opens up many possibilities. Build a few cabins along the stream for rental income. Put in some RV pads for your friends and family to visit without disrupting your routine. Or start a campground. The property is close to the attractions of the Obed Wild and Scenic River National Park and also Frozen Head State Park. One of the two outbuildings is an insulated workshop. Perhaps you always wanted to do some woodworking or start a motorcycle repair shop. Here is your opportunity. There are no restrictions against livestock and poultry. A chicken coop is attached to one of the outbuildings with wire strung across the top of the outdoor pen to keep out hawks. Beat the high price of eggs with your own chickens. The seller feels it has been between 40 to 60 years since this land was timbered. Evaluation by a timbering company would be necessary, but it could provide an offset to the purchase of the property. Or perhaps you just want to enjoy the pristine beauty. A covered deck large enough for entertaining runs almost the length of the back of the house providing a wonderful place to have your morning coffee, listen to the birds sing or the sound of rain on the metal roof and enjoy the peace and tranquility. The log facing on the front and back of the house has been painted to reduce exposure to the elements but could be removed for a more rustic effect. The inside features an open concept with split bedrooms, gleaming hardwood floors with vinyl in the utility room, and it was designed with wide halls and doorways to be wheelchair friendly. It has a super efficient mini split ductless system for heating and cooling. A woodstove keeps everything extra cozy even on the coldest of days and two fireplaces, one in the living room and one in the master bedroom, let you dream by the fire on long winter evenings. Although the property has a rural feel and privacy, it is only a few minutes to Lancing, 4 miles to the larger town of Wartburg with shops, restaurants, and schools, and about 35 minutes to Oak Ridge. There is a buried gas line on the Northwest end of the land and a discount has been provided to the homeowner. Buyer would need to verify that this would continue.
Listing Courtesy of East Tennessee Realtors / Wallace Farragut Office / Sharon Palmer
$699,000
Active

Delano Area Single Family Home

Active

284 Savannah Shores Drive Delano, TN 37325

2 Bed
2 Baths
1980 sqft
MLS# 1305183
Tucked along the banks of the scenic Hiwassee River, this beautifully renovated 2-bedroom, plus loft, 2-bath log home offers 1.1 acres of peaceful riverfront living in charming Delano, TN. With 1,980 square feet of thoughtfully updated space, the home blends timeless log cabin character with fresh, modern finishes for effortless comfort. Every inch of the home has been professionally transformed in the last couple years—from the refinished pine floors and renovated bathrooms with natural Carrara marble showers to the brand-new kitchen featuring quartzite countertops, solid wood cabinetry, and never-used stainless appliances. The new electric heat pump and tankless water heater bring modern efficiency, while the expanded 16x20 deck and inviting firepit near the river set the scene for quiet evenings under the stars. This home is truly move-in ready. Water lines replaced with PEX piping too. Outside, the property feels like a private retreat—lush grass, mature hardwoods, and a wooden outbuilding enhance the experience, with river views just steps from your back door. Whether you're dreaming of a weekend escape, a family compound, or your next Airbnb investment, this home delivers the lifestyle and location to match. You're also just minutes from Hiwassee Ocoee State Park, the Delano Community Market, and Hiwassee River Rail Adventures—not to mention fly fishing, kayaking, and hiking right in your backyard. Bonus: An adjacent lot at 278 Savannah Shores Drive (1.12 acres) is also available, offering additional river frontage, direct water access, a winch for canoes/kayaks, and three outbuildings. The seller is offering a special incentive for buyers who purchase both properties together.
Listing Courtesy of East Tennessee Realtors / Wallace Farragut Office / Debbie Yankey
$685,000
Coming Soon

Heiskell Area Single Family Home

Coming Soon

5728 Hickory Valley Rd Heiskell, TN 37754

3 Bed
5 Baths
2767 sqft
SPACIOUS CUSTOM HOME WITH GUEST SUITE & STUDIO/WORKSHOP ON 2.46 ACRES Welcome to this rare property crafted to offer space, versatility, and serene mountain views. Set on 2.46 unrestricted acres, this well-maintained custom brick beauty includes 3 thoughtfully designed spaces: a single-level 2,267 sq ft home, a private 500 sq ft guest suite above the garage, and a 300 sq ft finished studio with full bath tucked inside the detached workshop—perfect for multi-generational living, hobbies, or a home-based business. MAIN LEVEL: The bright & welcoming main level features an open layout with hardwood flooring, crown molding, and vaulted ceilings. The designer kitchen with large pantry includes stainless steel appliances and flows easily into the dining and living areas. The primary suite offers a trey ceiling, two walk-in closets, a spa-like bathroom with soaking tub and large tile shower. Two additional bedrooms, a full bath, and a laundry area with powder room complete the main layout. GUEST SUITE: Need a place to get away? The guest suite above the 3-car garage includes two large flex rooms, multiple closets for storage, wet bar area, a full bath with laundry hookups—ideal for guests, work-from-home, or a rental opportunity. STUDIO/WORKSHOP: The detached workshop houses a fully-finished heated & cooled 300 sq ft studio space with its own full bath and private entry. The remaining workshop has 2 rolling door accesses and a walk-up loft for extra storage space. Additional highlights: -Spacious concrete driveway with room for RV parking -Zero entry into home and garage -Fenced backyard with expansive back patio & gazebo -Beautiful wooded and mountain views -Well-maintained and move-in ready Located in a quiet rural setting, just: ~30 mins to Oak Ridge ~25 mins to downtown Knoxville ~20 mins to Norris Lake ~within 25 minutes to Stardust & Sequoyah Marina A unique opportunity to live, entertain, and work—all from one thoughtfully designed property with room to breathe. Buyer to verify all information.
Listing Courtesy of East Tennessee Realtors / Wallace Farragut Office / Misty K Callor