1025 Lancewood Drive, Knoxville, TN 37920
South Heights Unit 3 · Knox County - 1 County
Key Facts
Description
Classic Brick Ranch with Space to Spare - Minutes from Downtown & UT! Don't miss this solid, all-brick 3-bedroom, 2-bath ranch nestled on Lancewood Drive in one of Knoxville's established South Knoxville neighborhoods. With over 2,100 square feet of living space, this 1962 home offers the quality construction and generous room sizes that are hard to find at any price point. Beautiful refinished hardwood floors flow throughout the main level, adding warmth and character to the living areas. The spacious layout includes a sunroom/dining room combination perfect for entertaining or relaxed morning coffee, along with three well-sized bedrooms - plus two wood burning fireplaces to keep things cozy all winter long. Major systems have been thoughtfully updated - enjoy the efficiency of a tankless water heater and a newer HVAC system less than 2 years old, giving you peace of mind and lower utility costs for years to come. The full basement provides tremendous bonus space - ideal for a home office, rec room, workshop, or extra storage. Step outside to nearly half an acre with a fully fenced yard - a true paradise for your fur babies and plenty of room to garden, play, or simply unwind. Perfectly positioned just minutes from downtown Knoxville, the University of Tennessee campus, and South Knoxville's growing restaurant and outdoor scene, this home delivers both convenience and a quiet residential setting. Whether you're a first-time buyer, investor, or looking to downsize without sacrificing square footage, this brick beauty checks all the boxes - schedule your showing today!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1962
Living Area
2,140 sq ft
Lot Size
0.45 acres
Lot Dimensions
135.6x178.2xIRR
Garage Spaces
2
MLS® Listing#
1342617
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Construction
Security
Utilities
Sewer
Water Source
Financial Details
Parcel Number
123PB014
Directions
From downtown Knoxville: Head south on Henley St/US-441, cross the Henley Bridge into South Knoxville, continue onto Chapman Hwy/US-441 South, turn right onto Martin Mill Pike, turn right onto Artella Dr, take the 2nd right onto Randonell Rd, turn left onto Lancewood Dr, home will be on your right.
Affordability Calculator
$79,800
Estimated monthly payment
$2,124/mo
Principal $319,200 · Est. interest $445,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Knoxville, TN
- $447,945
- Median Listing Price
- 55
- Median Days on Market
- 1,929
- Median Sq Ft
- $231
- Median Price / Sq Ft
- 1,942
- Active Listings
- This home’s price is 11% below the area median.
- Its price per sq ft is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Knoxville, TN.
Location
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Points of Interest in Knoxville, TN
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 901 Morningside Drive, Knoxville, TN | $279,500 | 3 | 2 | 1,995 |
| 904 Henrietta Drive, Knoxville, TN | $279,900 | 3 | 1 | 1,112 |
| 7568 Creek Song Court, Knoxville, TN | $279,900 | 2 | 2 | 997 |
| 7321 Long Shot Lane, Knoxville, TN | $279,900 | 2 | 2 | 1,418 |
| 3523 Cherry Hill Ave, Knoxville, TN | $279,900 | 4 | 2 | 1,403 |
| 4401 S Wahli Drive, Knoxville, TN | $279,900 | 4 | 2 | 1,610 |
Moving Cost Estimate
EXIT Agents in Knoxville
Listing Courtesy: Real Estate Partners Chattanooga, LLC - 4233628333