1525 Cove Ln, Oliver Springs, TN, 37840
About This Home
Tucked away in a wooded setting just minutes from Windrock Park, this exceptional 27+ 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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Construction materials: Stone,Wood Siding,Shingle Siding,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Disposal,Microwave,Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Slab
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Pantry,Breakfast Bar
- Window features: Insulated Windows
- Flooring: Other,Hardwood,Vinyl
- Number of fireplaces: 1
- Fireplace features: Stone,Wood Burning,Wood Burning Stove
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Other
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,095
- Total interior livable area: 1,095 sqft
Property
Details
- Parcel number: 122 00204 000
Features
- Exterior features: Gas Grill
- Has view: Yes
- View description: Mountain(s),Country Setting,Trees/Woods
- Waterfront features: Pond
Lot
- Lot size: 27.27 Acres
- Features: Private,Wooded,Irregular Lot,Rolling Slope
Parking
- Total spaces: 2
- Parking features: Off Street,Carport,Detached,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
- Inland Flooding
- Landslide
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance | $336 | $4,032 |
| Property Taxes | $272 | $3,264 |
| Electricity | $175 | $2,103 |
| Total | $4,823 | $57,876 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-27 | Listed for sale | $799,000 |
| 2026-02-16 | Listing removed | $474,400 |
| 2025-10-15 | Price change | $474,400 |
| 2025-08-15 | Listed for sale | $499,700 |
| 2024-09-11 | Sold | $88,500 |
| 2022-07-29 | Sold | $765,000 |
For Sale by Agent
View on Zillow