Angela Ezell

1525 Cove Lane

Oliver Springs, TN
$ 549,900 Beds 1 Baths 1 Sq 1,095
Monthly Estimate* How much can I afford?

Tucked away in a wooded setting just minutes from Windrock Park, this exceptional 8 acre tract offers a rare blend of privacy, recreation, and investment potential. The adorable cabin overlooks a tranquil pond, with a spacious deck perfect for relaxing and taking in the serene surroundings. Surrounded by mature trees and natural beauty, the property provides a peaceful retreat with endless possibilities--ideal for a private estate, family compound, or future development. An existing short-term rental cabin with hot tub adds immediate income potential with a proven track record of success! Plus the property's RV hookups have brought in additional streams of income by generating their own bookings and are very popular. With close proximity to one of the region's most popular off-road destinations, this property benefits from strong year-round tourism and demand. An additional ~20 acres that borders the property is also available for purchase.

Active

  • Price
  • $ 549,900
  • City
  • Oliver Springs
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • Morgan
  • Half Bathrooms
  • 0
  • Area
  • Morgan County
  • Lot Size
  • 8 Acres
  • Zip
  • 37840
  • Sqr Footage
  • 1,095
  • Year Built
  • 1990
  • Taxes
  • $ 1025
  • Style
  • Cabin
  • MLS#
  • 1334434
Listed By: Realty Executives Associates
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank
Heating Natural Gas,Other
Cooling Central Cooling,Ceiling Fan(s)
Appliances Disposal,Microwave,Range,Refrigerator
Garage Spaces 2
Architectural Style Cabin
Security Features Smoke Detector
Construction Materials Stone,Wood Siding,Shingle Shake,Brick
Year Built 1990
View Mountain View,Country Setting,Wooded
Property Subtype Single Family Residence
County Morgan County - 35
Property Type Single Family
Attached Garage false
Full Baths 1
Status Active
Directions From I40: Head and take the right 2 lanes to exit 376 to merge onto TN-162 N towards Oak Ridge. Merge onto TN-62 Turn right to remain on TN-62. Turn right onto Alley St/Lookout Ave. Turn left onto Greene Road. Continue onto Cove Lane.
City Oliver Springs
MLS Area Morgan County - 35
Lot Size Units Acres
Lot Size Square Feet 348480
Property Attached Y/N false
MLS Area Minor Morgan County - 35
Structure Type Ranch
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing Coventional true
New Financing New Loan true

Interior Features

Interior Amenities Pantry,Breakfast Bar
Basement Slab
Flooring Other,Hardwood,Vinyl
Total Fireplaces 1
Fireplace Features Stone,Wood Burning,Wood Burning Stove
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Total Bedrooms 1
Total Baths 1
Other_sp_Rooms_co_Family_sp_Room true

Exterior Features

Exterior Amenities Gas Grill
Parking Features Off-Street Parking,Carport,Detached,RV Parking
Lot Features Pond,Private,Wooded,Irregular Lot,Rolling Slope
Water Source Public
Lot Size Area 8
Building Area Total 1095
Lot Size Acres 8
Lot Size Source Tax Records
Door Features Doors - Storm

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/3/2026 Listed $799,000
8/12/2026 37% - $499,900
8/12/2026 10% - $549,900

Property vs Zip Code Average in 37840

Price
AVG $340K
$550K
Taxes
AVG $1,067
$1,025
Year Built
AVG 1965
1990

Areas That We Cover

1525 Cove Lane Oliver Springs, TN is a Single Family Home for sale at $549900 with 1095 sqft and a lot size of 8 Acres Acre(s). 1525 Cove Lane Oliver Springs has 1 bedrooms, 1 baths and was built in 1990. The property's zip code is 37840 which is in Oliver Springs, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Angela Ezell

Angela Ezell

865-679-6153

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