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
Summary
- Attached Garage: No
- Parking: RV Access/Parking
- List Price: $1,500,000
- Annual Tax Amount: $95
- Tax Year: 2023
- Lot: Cul-De-Sac, Private, Wooded
- Directions: From I40: keep right at fork to continue on I-40 W, follow signs for Nashville. Take exit 364 toward Lenior City/Oak Ridge. Turn right ont TN-95 towards Melton Hill Dam. Keep left at fork, follow signs for TN-58 S/Oak Ridge Turnpike. Turn right onto TN-327 N. Follow TN-61 to Alley St/Lookout Avenue. Turn left onto TN-62 W. Turn left onto Greene Rd. Continue onto Cove Lane.
- Lot Size: 24.03 Acres
- 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
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.
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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: 6/3/2025, 12:50:33 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
| Date | Event | Price |
|---|---|---|
| Nov 30, 2023 | Home Sold | $849,900 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $36,250. Residents of Oliver Springs, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 1534 Cove Ln
The listing price of 1534 Cove Ln property is $1,500,000.
The property 1534 Cove Ln is land located in Oliver Springs, Tennessee, 37840.
Active Listing: 1534 Cove Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1534 Cove Ln are: Norwood Elementary School (GreatSchools Rating 4/10), Dyillis Springs Elementary School (GreatSchools Rating 6/10), Linden Elementary School (GreatSchools Rating 8/10), Oliver Springs Middle School (GreatSchools Rating 5/10), Norwood Middle School (GreatSchools Rating 5/10), Petros-Joyner Elementary School (GreatSchools Rating 4/10), Oliver Springs High School (GreatSchools Rating 7/10), Coalfield School (GreatSchools Rating 4/10), Oak Ridge High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $95 (source: MLS/based on county public records data).
The last sale was on November 30, 2023 for $849,900 (source: MLS/tax record).
The property 1534 Cove Ln is 24.03 acres.
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.
Over 4 listings were sold over their listed price in May 2025 in Oliver Springs, TN. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Oliver Springs, TN decreased by 15% between April and May 2025. In May 2025 median list price was $299,900 and the average listing age was 48 days.