1704 S Forest Dr, Knoxville, TN, 37920
About This Home
Versatile Living or Investment Opportunity Near Downtown Knoxville. Beautifully remodeled and ideally located, this spacious 6-bedroom, 4-bath home offers exceptional flexibility for multi-generational living or investment potential just minutes from downtown Knoxville. Conveniently located near the UT campus, University of Tennessee Medical Center, & Dolly Parton Children's Hospital, this property is perfect for medical professionals, students, or investors seeking strong rental potential. Designed with functionality in mind, the home features two kitchens and two laundry rooms, making it ideal for extended families, shared living arrangements, or individual room rentals plus the versatility of the 2 downstairs bedrooms could also be used such as a media room, home gym or home office. The home has been completely remodeled with updates that include new kitchens and baths, new appliances, granite, tile showers, commercial-grade luxury vinyl plank flooring, updated electrical and plumbing systems, programmable thermostat upstairs, remote controlled mini splits downstairs. Additional improvements include R-38 attic insulation and a Rinnai tankless gas water heater. Enjoy peaceful country views from the spacious two-tier back deck and relax on the welcoming covered front porch. Located just minutes from downtown Knoxville, Neyland Stadium, outdoor recreation, and major medical centers, this property offers a rare combination of space, flexibility, and location. Home may be sold fully furnished, creating a turnkey opportunity for investors or buyers looking for a move-in ready property.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1966
Materials
- Construction materials: Vinyl Siding,Brick,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Tankless Water Heater,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Walk-In Closet(s),Kitchen Island,Pantry,Bonus Room
- Window features: Windows - Vinyl,Insulated Windows,ENERGY STAR Qualified Windows
- Flooring: Tile,Sustainable
- Number of fireplaces: 1
- Fireplace features: Stone,Ventless,Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Natural Gas,Zoned,Electric
- Cooling features: Central Air,Zoned
Interior Area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Details
- Parcel number: 122EH006
Features
- Has view: Yes
- View description: Seasonal Lake View,Country Setting
- Has water view: Yes
- Water view: Seasonal Lake View
Lot
- Lot size: 10,454 sqft
- Features: Other
- Lot size dimensions: 83.124
Parking
- Parking features: Off Street
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
- Lightning
- Tornado
- Winter Weather
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 | $2,856 | $34,272 |
| Home Insurance | $235 | $2,820 |
| Property Taxes | $689 | $8,268 |
| Electricity | $211 | $2,535 |
| Total | $3,991 | $47,892 |
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 |
|---|---|---|
| 2026-04-23 | Price change | $564,900 |
| 2026-04-08 | Price change | $584,900 |
| 2026-03-24 | Price change | $599,900 |
| 2026-03-21 | Listed for sale | $624,900 |
| 2024-08-14 | Sold | $215,100 |
| 2024-07-11 | Pending sale | $253,000 |
| 2024-07-09 | Price change | $253,000 |
| 2024-07-03 | Price change | $255,000 |
| 2024-06-28 | Price change | $258,000 |
| 2024-06-19 | Price change | $260,000 |
| 2024-06-14 | Listed for sale | $262,000 |
| 2017-05-21 | Listing removed | $600 |
| 2017-05-17 | Listed for rent | $600 |
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