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127 Mountain Rd, Oliver Springs, TN, 37840

2beds
1baths
1,340sqft
$285,000
$213price/sqft
$1,833/moest. monthly cost
$73,320/yrincome needed

About This Home

Are you dreaming of a mini homestead? This charming property offers the perfect opportunity to enjoy a more self-sufficient lifestyle with plenty of room for gardening, raising chickens, and embracing the outdoors. Situated on 1.16 peaceful acres in Oliver Springs, this inviting home combines country charm, thoughtful updates, and the flexibility to create the lifestyle you've been dreaming about. Inside, you'll find a freshly painted interior and a refreshed kitchen featuring a newly added dishwasher and refrigerator, creating a bright and welcoming space for everyday living. The comfortable floor plan offers cozy living areas filled with natural light, character, and views of the surrounding property. Step outside and discover everything this property has to offer. The covered gazebo with a porch swing provides the perfect place to relax and enjoy the peaceful setting, while the spacious yard offers room for gardens, chickens, hobbies, and outdoor recreation. Nature lovers will appreciate the established landscaping and natural surroundings where pollinators thrive. Butterflies, bees, and other beneficial wildlife create a vibrant outdoor environment throughout the growing season. A standout feature of the property is the detached shed with electricity, offering endless possibilities. Whether you're looking for a private home office, climate-controlled storage space, creative studio, workshop, or the perfect 'she shed,' this versatile building provides valuable additional space to fit your needs. The carport is also equipped with electricity, adding convenience for projects, storage, or hobby space. Whether you're looking to grow your own vegetables, start a hobby farm, or simply enjoy a quieter pace of life, this property offers the space, flexibility, and charm to make it your own. Surrounded by the beauty of East Tennessee and tucked away from the hustle and bustle, this unique property offers the peaceful country lifestyle so many buyers are seeking.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

5/10
4/10
Central High SchoolGrades 9-128.6 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Block,Other

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen
  • Window features: Aluminum Frames
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Other,Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,340
  • Total interior livable area: 1,340 sqft

Property

Details

  • Parcel number: 120 12000 000

Features

  • Has view: Yes
  • View description: Other,Country Setting,Trees/Woods

Lot

  • Lot size: 1.16 Acres
  • Features: Wooded,Level

Parking

  • Total spaces: 1
  • Parking features: Carport,Detached
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Inland Flooding
Landslide
Tornado

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 $1,441$17,292
Home Insurance $120$1,440
Property Taxes $97$1,164
Electricity $175$2,103
Total$1,833$21,996

Income You'd Need if You Spent...

35% on housing$62,845/yr
40% on housing$54,990/yr
45% on housing$48,880/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

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 37840$195
Morgan County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 37840$214
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
2026-08-16Price change$282,500
2026-07-08Price change$285,000
2026-06-25Listed for sale$289,000
2024-09-19Sold$247,700
2024-08-22Pending sale$254,700
2024-08-13Listing removed--
2024-06-28Listed for sale$254,700

For Sale by Agent

AgentJessica Mace
BrokerageRealty Executives Associates

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