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$59,000   Price Analysis
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116 Gibson Rd
Lancing, TN 37770
2 bed 1 bath 680 SqFt ($86/SqFt)
1.82 acre lot. Built 1993
Listed 2024-07-15
Ⓧ USDA Ineligible
due to property

near Lancing

ACCEPTING BACK UP OFFERS.

* No Longer For Sale *
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Calling all CASH ONLY investors. are you ready for your next money-maker flip! This partially renovated property already has new plumbi ng, wiring nd sub floors. There's also updated water and power installed and a state-of-the art dual 1, 000 gallon pump septic tank system. Most of the home finishing elements are included: flooring, bath fixtures, paint, light fixtures, bath fixtures and more. It was the seller's plan to have blue-flame wall mount heaters and window A/C so there's no HVAC equipment. It's ready for the new owner to complete renovation. Situated on a double lot, including a corner lot with a tranquil pond, this property will appeal to multiple owners - first-time buyers, empty-nesters, active family or homesteaders.

Enjoy the sizeable open floor plan with a split layout, perfect for comfortable living and entertaining. Step outside onto the huge deck overlooking 1.82 acres of sprawling land, dotted with evergreen and deciduous trees. Enjoy quiet country living and forever mountain views. Whether you're dreaming of self-sustainability or seeking a peaceful retreat, this property holds infinite potential. From Buc-ee's by I-40, head towards Lancing along Genesis Road the property is conveniently located minutes from the Catoosa Wildlife Preserve and 25 minutes from downtown Crossville. from This home offers the best of both worlds - rural tranquility and easy access to amenities. Don't miss out on this opportunity to make your dive into dreams a reality. Contact us today for more information. Property for sale includes Parcel IDs 092 016.03 and 016.04.


Presented by PETER BOURDEAU at
eXp Realty, Inc.
Listing Agent Photo

Property MLS #1254088 from EastTennessee

Bedrooms: 2

Total Rooms: 6
Basement Features: Crawl Space
Basement Description: Crawl Space
Extra Room-1 Description: No

Total Bathrooms: 1
Full Bathrooms: 1

Eat-in Kitchen
Flooring: Laminate, Tile

Heating Features: Propane

Windows - Aluminum
Windows - Storm
Deck
Doors - Energy Star

Lot Description: Pond, Wooded, Corner Lot, Irregular Lot, Level
Lot Size Acres: 1.82
Lot Size Dimensions: 204x290x149
Lot Size Square Feet: 79279

View: Mountain View, Country Setting

Association: No
Calculated Total Monthly Association Fees: 0

High School: Central
Middle School: Central

Central High School is a public high school located approximately 12.6 miles away.
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Central Elementary School is a public elementary school located approximately 13.1 miles away.
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Central Middle School is a public middle school located approximately 14.8 miles away.
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Annual Tax Amount: 107.4
Source Listing Status: Closed
County: Morgan County - 35
Directions: From Buc-ee's & I-40. Head down Genesis Road (Nashville Hwy) towards Lancing. Drive 18 miles to Gibson Rd; Turn R. Signs are on the Left. Please note - use 116 Gibson Rd in Lancing to geo-locate the property. CRS Data has the property address as 00 Arnold Potter Rd.
Disclaimer: No
Source Property Type: Single Family
Area: Morgan County - 35
MLS Area Minor: Morgan County - 35
Source Neighborhood: Clarence Potter Est
Parcel Number: 092 016.03
Subdivision: Clarence Potter Est
Property Subtype: Residential
Source System Name: C2C

Sold 2024-05-14
$60,000
EastTennessee
Price Changed 2024-04-29
$59,000
Cookeville
Price Changed 2024-03-26
$110,000
Cookeville
Listed 2024-02-29
$130,000
Cookeville

Total Square Feet Living: 680
Year Built: 1993
Building Area Total: 680
Building Exterior Type: Metal Siding, Frame
Construction Materials: Metal Siding, Frame
Property Age: 31
Total Area Sqft: 680
Architectural Style: Single Wide, Manufactured

Sewer: Septic Tank
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.