Smoky Mountains Real Estate Search

Foreclosures for Sale in the Knoxville & Lakeway areas of TN

Foreclosures for Sale in the Knoxville & Lakeway areas of TN

450 Hawken Drive, Walland
$750,000
3 Beds ⋅ 5 Baths ⋅ 1356713 MLS ⋅ ACTIVE Status
New Construction in the Smokies. Wake Up to Blackberry Mountain | Homestead West NEW CONSTRUCTION WAITING TO BE FINISHED. PRICED TO MOVE. LOCATION, VIEWS & INVESTMENT INCOME--THE HOMESTEAD WEST TRIFECTA THE OPPORTUNITY: Seize a rare entry point into one of Tennessee's hottest resort markets. This is proven short-term rental territory. Comparable 3-4 bedroom cabins in Homestead West with indoor pools are generating $160-190k in annual gross revenue. Get this finished right, and you're looking at commanding NOI and serious owner-occupant appeal. Priced aggressively as unfinished new construction--this is where equity gets built. THE PROPERTY: Set on 2.12 wooded acres at the end of a quiet cul-de-sac, this 3,945 heated-square-foot contemporary cabin is framed and ready for the finishing touches. Heavy lifting is done--the bones are bulletproof. What you'll see now is construction in progress; what you'll deliver is a revenue-generating mountain retreat. What's Already In Place: Stacked stone exterior, covered porches on every level, and a private indoor pool already framed in. Premium building materials on-site and ready to deploy--Pella windows, quality flooring throughout, professional lighting systems, and more. This isn't window dressing; it slashes your cost-to-complete and guarantees quality finishes without sourcing delays or supply-chain headaches. The Floorplan: Three generous bedrooms, 3 full + 2 half baths, nearly 6,150 total square feet of livable and rentable space. Dedicated theater/game room, private indoor pool, and sprawling entertainment zones await completion. An outdoor fireplace is framed and ready. Plus: a level blank canvas waiting for whatever outdoor living you can dream up--think resort-style lounging areas, fire pits, hot tub installation, tiered seating terraces with those mountain views as the backdrop. This is your chance to build the Instagram moment guests are paying premium rates to experience. THE VIEWS--WHERE THE MONEY IS: Blackberry Mountain dominates every deck. Those views aren't decoration--they're revenue. Great Smoky Mountains National Park is the #1 most visited national park in the United States, attracting approximately 11.5 million recreational visitors annually and outpacing Zion and Yellowstone combined. That traffic is minutes away. Guests don't just book a cabin; they book that view. Premium nightly rates follow premium sightlines, and this elevation and vista create competitive advantage that converts straight to occupancy and booking power. THE LOCATION: 7.6 miles to Pigeon Forge--close enough to capture the visitor traffic, far enough to stay peaceful. Townsend and Maryville are each a leisurely 20-30 minutes out. Homestead West is deed-restricted with 24/7 security and proven resale comps. HOA? Just $300 annually. THE BOTTOM LINE: This is not a typical listing. It's a carefully positioned entry point for savvy investors seeking equity upside, customization control, and proven rental income in one of Tennessee's strongest resort markets. Schedule your showing today.

450 Hawken Drive, Walland

4160 Chamberlain Lane, Sevierville
$555,000
3 Beds ⋅ 3 Baths ⋅ 1345022 MLS ⋅ ACTIVE Status
****Investor Alert****Turnkey Cabin Potential in Wears Valley! **Unbeatable Location & Massive Equity Potential** Investors, take note! This well-maintained cabin is located right in the heartbeat of highly desirable **Wears Valley**, offering the perfect canvas for a lucrative short-term rental or a high-yield flip. **This property is a foreclosure and is being sold strictly AS-IS**, providing a rare, aggressively priced opportunity to walk into instant equity in the Smoky Mountains market. NEW WELL SYSTEM ### The Layout & Amenities Spanning three fully utilized levels, this cabin maximizes guest capacity and entertainment value--the two most important metrics for rental success: * **Main Level:** Features seamless, zero-step entry via an accessibility ramp. Inside, a spacious open-concept kitchen, dining room, and living room welcome guests, alongside a convenient main-level bedroom and full bathroom. * **Lower Level:** Built for entertainment! Equipped with a dedicated game space featuring a foosball table, plus one traditional bedroom, an additional flexible **bonus room**, and a full bathroom. * **Upper Level Loft:** A secondary game zone featuring an air hockey table for hours of entertainment, leading to a private bedroom oasis with its own en-suite bathroom. ### Premium Outdoor Living Step out onto the main-level deck just off the living room to find the ultimate crowd-pleaser: a private, outdoor hot tub housed securely It's the perfect, low-maintenance setting for guests to relax and soak in the Smoky Mountain atmosphere. ### The Bottom Line With 3 bedrooms, a bonus room, 3 full baths, and dual game areas, this cabin has the exact footprint that high-earning rental guests look for. Bring your vision, capitalize on the motivated corporate seller, and unlock this property's true cash-flow potential.

4160 Chamberlain Lane, Sevierville

1412-1418 Armstrong Ave, Knoxville
$1,549,950
1343469 MLS ⋅ ACTIVE Status
Outstanding investment opportunity--two multi-unit properties offered together at 1412 & 1418 Armstrong Ave on one deeded lot in Knoxville's desirable Old North area. Featuring 12 total units across two buildings. Zones RN4. One unit could be STR if owner occupied purchase otherwise all units would need to be 30 day minimum rentals. We cleaned up the tenant roster and working on filling vacancies or you can get in now and choose your own! 1418 Armstrong Ave includes four fully furnished units.. Two feature 3 bedrooms and 1½ baths with full kitchens and shared HVAC; two are 1-bedroom, 1-bath units with private HVAC systems, ideal for traveling professionals or flexible leasing options (30 days or more required). 1412 Armstrong Ave consists of eight 1-bedroom, 1-bath units, each separately metered and equipped with individual HVAC systems. An on-site laundry facility adds convenience and appeal for residents. Positioned on a quiet dead-end street just minutes from downtown Knoxville, the University of Tennessee, and major attractions, this property offers strong possibilites and potential for multiple income streams. Whether managed as long-term housing, short-term rentals (30 days or more), or a hybrid model, it's a turn-key addition for any investor seeking cash flow and appreciation in one of Knoxville's fastest-growing rental markets. Property built before 1978 may have lead based paint. Buyer to verify all information independently.

1412-1418 Armstrong Ave, Knoxville

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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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