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5334 Morgan Co Hwy, Lancing, TN, 37770

3beds
3baths
2,131sqft
$475,000
$223price/sqft
$2,955/moest. monthly cost
$118,200/yrincome needed

About This Home

Escape to the peace and privacy of the Tennessee mountains with this beautifully maintained 3-bedroom, 3-bath farmhouse situated on 34.5 acres in scenic Lancing, TN. Seller has performed and is providing a full home inspection for all buyers. The spacious layout features two bedrooms and two full bathrooms on the main level, while the upstairs offers a private third bedroom and full bath--perfect for guests, family, or a home office. Enjoy your morning coffee on the inviting covered front porch or unwind in the evenings on the covered back porch while taking in the tranquil surroundings. Outside, the property is a nature lover's dream. The mostly wooded acreage provides exceptional privacy and abundant wildlife, making it ideal for hunting, hiking, ATV riding, or simply enjoying the outdoors. A picturesque pond and barn add to the property's charm and functionality. The detached two-car garage includes a partial finished room upstairs that offers endless possibilities for storage, a workshop, hobby space, home office, or future apartment conversion. Whether you're looking for a private homestead, hunting retreat, mini-farm, or weekend getaway, this rare 34.5-acre property offers the perfect combination of historic charm, modern convenience, and natural beauty.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
Central Elementary SchoolGrades PK-44.5 mi
4/10
Central Middle SchoolGrades 5-86.3 mi
4/10
Central High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1918

Materials

  • Construction materials: Vinyl Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Self Cleaning Oven

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s),Pantry,Eat-in Kitchen
  • Window features: Windows - Vinyl
  • Flooring: Carpet,Vinyl,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central,Natural Gas,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 2,131
  • Total interior livable area: 2,131 sqft

Property

Details

  • Parcel number: 075 038.00

Features

  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: Pond

Lot

  • Lot size: 34.56 Acres
  • Features: Private,Wooded,Level,Rolling Slope

Parking

  • Total spaces: 2
  • Parking features: Off Street,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Landslide
Tornado
Wildfire

FEMA Declared Disasters Across Tennessee Counties

Flood
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 $2,401$28,812
Home Insurance $217$2,604
Property Taxes $162$1,944
Electricity $175$2,103
Total$2,955$35,460

Income You'd Need if You Spent...

35% on housing$101,314/yr
40% on housing$88,650/yr
45% on housing$78,800/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: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 37770$85
Morgan County$174

vs Homes Sold Last Month

Median $/sqft

ZIP 37770$226
Morgan County$191

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
2026-07-31Price change$475,000
2026-07-30Price change$490,900
2026-07-27Price change$491,900
2026-07-22Price change$493,900
2026-07-20Price change$494,900
2026-07-16Price change$495,900
2026-07-13Price change$496,900
2026-07-10Price change$497,900
2026-07-08Price change$498,900
2026-06-11Listed for sale$499,900

For Sale by Agent

AgentSteven Lee Hensley
BrokerageSCH Real Estate, Realty Executives

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