Huge Price Reduction! Two homes on one lot in peaceful $499,000

Lake Home For Sale near Fort Loudoun Lake

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, ... 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.