940 Riley Drive

Lenoir City, TN
$ 450,000 Beds 3 Baths 2 Sq 2,092
Monthly Estimate* How much can I afford?

The home has been updated, but the possibilities are still wide open---Space, flexibility, and freedom come together on 1.23 acres with no HOA. Offering approximately 2,092 square feet, 3 bedrooms, 2 full baths, an attached garage, and a finished lower level, this home provides room to live comfortably, work from home, gather with friends, and enjoy more of the outdoors. The main-level layout keeps all three bedrooms and everyday living spaces within easy reach, while two gas fireplaces add warmth and character. Numerous improvements have already been completed, including updated electrical wiring with two panels, plumbing, windows, cabinetry, fixtures, exterior doors, and a newer Lennox HVAC system. All-new stainless steel kitchen appliances, along with a new washer and dryer, are included, allowing the next owner to settle in with these major purchases already taken care of. Approximately 460 finished square feet downstairs can adapt as life changes. Use it as a recreation room, home office, workout area, hobby space or even explore its potential as a fourth bedroom. Buyers should verify that the lower level meets applicable bedroom requirements. The large covered deck provides a comfortable place to dine outdoors, entertain friends, or enjoy the view across the yard. There is plenty of space to garden, take on outdoor projects, or simply spread out. A 12x24 storage building keeps tools and equipment organized, leaving the attached garage available for parking and everyday use. The setting feels removed from the rush without giving up convenient access to shopping, dining, medical services, and the interstate. Come walk the property, step inside, and see what this East Tennessee home has to offer. Schedule your private showing through BrokerBay or contact the listing agent today.

Active

  • Price
  • $ 450,000
  • City
  • Lenoir City
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Loudon
  • Half Bathrooms
  • 0
  • Area
  • Loudon County
  • Lot Size
  • 1.23 Acres
  • Zip
  • 37771
  • Sqr Footage
  • 2,092
  • Year Built
  • 1962
  • Taxes
  • $ 771
  • Style
  • Traditional
  • MLS#
  • 1354173
Listed By: United Real Estate Solutions
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Public Sewer
Heating Central,Natural Gas,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
Garage Spaces 1
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Vinyl Siding,Wood Siding,Brick
Year Built 1962
View Country Setting
Property Subtype Single Family Residence
County Loudon County - 32
Property Type Single Family
HOA false
Attached Garage false
Subdivision Name Eaton Forest
Other Structures Storage
Total Rooms 7
Full Baths 2
Status Active
Directions From I-75, take Exit 81 toward Lenoir City. Follow Hwy 321, turn left onto Hwy 70, left onto Hines Valley Rd, then right onto Riley Dr. Property will be on the right. Sign on property. Address is GPS friendly.
High School Loudon
City Lenoir City
MLS Area Loudon County - 32
Lot Size Units Acres
Lot Size Square Feet 53579
Carport Spaces 1
Elementary School Eatons
Property Attached Y/N false
Middle/Junior High School North
MLS Area Minor Loudon County - 32
Structure Type Basement Ranch
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
New Financing Exchange true

Interior Features

Interior Amenities Eat-in Kitchen
Basement Walkout,Slab
Total Fireplaces 2
Fireplace Features Brick,Gas Log
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Amenities Windows - Vinyl
Parking Features Garage Faces Rear,Off-Street Parking,Garage Door Opener,Carport,Main Level
Lot Features Private,Level
Water Source Public
Lot Size Area 1.23
Building Area Total 2092
Lot Dimensions 199 X 291 IRR
Lot Size Acres 1.23
Lot Size Source Tax Records

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 Eatons Elementary School
Middle School North Middle School
High School Loudon High School

Price History

9/3/2026 Listed $450,000

Property vs Zip Code Average in 37771

Price
AVG $500K
$450K
Taxes
AVG $1,228
$771
Year Built
AVG 1995
1962

940 Riley Drive Lenoir City, TN is a Single Family Home for sale at $450000 with 2092 sqft and a lot size of 1.23 Acres Acre(s). 940 Riley Drive Lenoir City has 3 bedrooms, 2 baths and was built in 1962. The property's zip code is 37771 which is in Lenoir City, 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.