1858 Falling Waters Rd, Knoxville, TN


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About 1858 Falling Waters Rd

Offset your mortgage payment with rent from a walk-out basement that is Airbnb ready and very profitable! Here you have enough room for the whole family PLUS an add'l living space in basement for a short term rental or an independent member of your household! Recent updates: gas water heater (2024), new carpet (2024), 7 new insulated window packs (2024). This 3-level home is located conveniently to Northshore Dr and Pellissippi Pkwy (I-140) for speedy access to ORNL, Amazon, Smith & Wesson, Clayton Homes, University of Tennessee and many other area employers! Within walking distance are grocery stores, restaurants, banks, great schools, and the Tennessee River. Inside, you can enjoy 5 bedrooms, 3.5 bathrooms including a basement apartment (1 bedroom, 1 bath, kitchen, living room) with a bonus room that can easily be used for a 6th bedroom. The apartment has an overnight rental revenue of approximately $1,500/mo which could be increased if the 6th bedroom were utilized. Polished concrete floors span the living room, kitchen (furnished with all SS appliances), bedroom and bathrooms of the basement, which has its own exterior access for your guests privacy and freedom. Additional spaces on the basement level include: utility garage and separate workshop under the deck. The main level of the home features a 2-car garage, traditional floor plan w/formal living room, dining room, family room half bath, kitchen and breakfast room overlooking the deck and level yard below. Upstairs, you will find new carpet throughout, 4 bedrooms (including the primary), 2.5 baths (1 walk-in shower, 1 tub, 1 shower/tub combo), and beautiful views of East Tennessee. Also, no HOA!!

Features of 1858 Falling Waters Rd

MLS® # 1246624
Price $645,000
Bedrooms 5
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 3,837
Acres 0.33
Year Built 2003
Type Single Family
Sub-Type Residential
Style Traditional
Status Active

Community Information

Address 1858 Falling Waters Rd
Area Knox County - 1
Subdivision Falling Waters At Northshore
City Knoxville
County Knox County - 1
State TN
Zip Code 37922


Features Internet Available,Pantry,Walk-in Closets,Walk-in Shower,WasherDryer Connect
Parking Garage Door Opener, Attached, Basement, RV Parking, Main Level
# of Garages 3
View Mountain View, Seasonal Lake View, Wooded, Seasonal Mountain
Has Pool No


Interior Features Pantry, Walk-In Closet(s)
Appliances Dishwasher, Disposal, Refrigerator, Microwave
Heating Central, Natural Gas, Electric
Cooling Central Cooling
Fireplace Yes
# of Fireplaces 1
Fireplaces Brick
Has Basement Yes
Basement Finished, Walkout


Exterior Vinyl Siding, Brick, Frame
Exterior Features Windows - Insulated, Patio, Porch - Covered, Prof Landscaped, Deck
Lot Description Rolling Slope
Construction Vinyl Siding, Brick, Frame

School Information

Middle West Valley
High Bearden

Additional Information

Date Listed November 24th, 2023
Days on Market 42
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHeritage Realty

Listing Map

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