$1,500,000

1534 Cove Ln Oliver Springs, TN 37840

24.0 acres
Land

Property details

About 1534 Cove Ln

Exceptional Property Opportunity in Oliver Springs, Bordering Windrock Park! Discover the incredible potential of Hollow Campground, a stunning 24+ acre property offering both natural beauty and strong income-producing capabilities. The campground features 12 full-hookup RV sites, along with four separate rental units already in place, and one additional unit that is unfinished. The duplex includes a shared washer/dryer and a covered porch, while the cabins are each equipped with a full bathroom and kitchenette. There is ample covered outdoor picnic space, complete with wood grills, refrigerators, and picnic tables, perfect for guests to enjoy. A paved road provides easy access to the campsites, with plenty of parking available, and utilities are already on-site. Located in a popular area with year-round visitors, this property offers significant opportunities for continued rental income. With over 24 acres of land, the potential for expansion is limitless. Whether you're looking to add more cabins for investment or create your own tranquil retreat, this property offers endless possibilities.

Highlights

Home typeOther
StatusActive
Lot size24.03 Acres
ParkingRV Access/Parking
MLS #1290338

Summary

  • MLS Number: 1290338
  • MLS Name: East Tennessee REALTORS® MLS
  • Office Name: Realty Executives Associates on the Square
  • Office Phone: (865) 482-3232
  • Office Email: brokerashley@gmail.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 12:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,500,000

1534 Cove Ln

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Price information

Property sales

DateEventPrice
Nov 30, 2023
Home Sold
$849,900

Tax history

YearAssessmentProperty Tax
2023$3,500$95
2022$3,500$95
2021$3,500$95
2020$3,500$95
2019$3,825$125

History based on county public records data.

Nearby schools

4

Norwood Elementary School

Public District PK-5

3.7 mi

809 W Tri County Blvd

6

Dyillis Springs Elementary School

Public District PK-5

4.3 mi

120 Ollis Rd

8

Linden Elementary School

Public District KG-4

5.8 mi

700 Robertsville Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,250. Most Oliver Springs, TN residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

49%
<35k
43%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 1534 Cove Ln

This home is located at 1534 Cove Ln in Oliver Springs, TN and zip code 37840. Features: 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $1,500,000.

Oliver Springs, TN housing market in February 2025 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The inventory of homes for sale in Oliver Springs, TN between January and February 2025 increased by 6.5%. Listings spent 140 days on the market in February 2025, and had a median list price of $212,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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