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601 N Chilhowee Dr, Knoxville, TN, 37924

3beds
3baths
4,603sqft
$450,000
$98price/sqft
$3,367/moest. monthly cost
$134,680/yrincome needed

About This Home

Calling all visionary investors and developers! This 4,603-square-foot powerhouse is the ultimate ''blank canvas'' opportunity, offering an incredible footprint on a sprawling 12.47-acre lot. The property features a vast living space anchored by original hardwood floors, providing a high-value foundation for a premium renovation. With three bedrooms, 2.5 bathrooms, and a fully finished basement, the interior square footage offers rare flexibility. Outside, the property includes a large deck and a fenced-in backyard, while the massive acreage provides endless possibilities. Whether you are looking to flip for a significant return or build a long-term rental asset, the sheer scale of the land and the home's interior volume make this a standout addition to any portfolio.

Getting Around

20
WalkingCar-Dependent
21
TransitMinimal Transit
6
BikeSomewhat Bikeable

Schools

4/10
Ritta Elementary SchoolGrades PK-53.1 mi
6/10
Holston Middle SchoolGrades 6-80.2 mi
4/10
Gibbs High SchoolGrades 9-127.8 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Range
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Wood,Laminate,Other
  • Finished area below ground: 1,300
  • Finished area above ground: 3,303

Heating & Cooling

  • Heating features: Central,Electric,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,603
  • Total interior livable area: 4,603 sqft

Property

Details

  • Parcel number: 071GA002
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Deck
  • Topography of land: Wooded,Rolling Slope

Lot

  • Lot size: 12.47 Acres
  • Features: Wooded,Rolling Slope
  • Lot size dimensions: 970M x 855M x IRR

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
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance $170$2,040
Property Taxes $549$6,588
Electricity $373$4,487
Total$3,367$40,404

Income You'd Need if You Spent...

35% on housing$115,440/yr
40% on housing$101,010/yr
45% on housing$89,786/yr

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.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 37924$165
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37924$184
Knox County$213

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

DateEventPrice
2026-05-01Listed for sale$450,000
2021-04-13Sold$275,000
2021-02-22Pending sale$369,900
2021-02-22Listed for sale$369,900
2021-01-13Listing removed--
2020-12-24Pending sale$369,900
2020-01-03Listed for sale$369,900
2019-03-26Sold$300,000
2018-11-02Pending sale$328,000
2018-11-02Listed for sale$328,000

For Sale by Agent

AgentCarl Young
BrokerageYoung Marketing Group, Realty Executives

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