Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Pryor Realty, Inc.
Property view
Listing view 2
Listing view 3

271 Anderson Road, 
Palmer, TN 37365

$387,000


3

Beds


2

Baths


2,650

Sq Ft


Single Family

Active

Listed by

Michelle Collier

Collier & Company Realty, LLC.

423-619-0957

Last updated:

June 21, 2025, 02:26 PM

MLS#

1514806

Source:

TN CAR

About This Home

271 Anderson Road

An opportunity, the likes of which you won't see very often! This beautiful, secluded, brick, full basement rancher has the bones, you provide the imagination and finishing touches! The views are so beautiful from this home in the center of this 5.6 acre location, overlooking gorgeous farmland, and a mile or so from Savage Gulf Park, where you can hike to waterfalls a short distance from this property. Your neighbors are primarily Mennonite farmers with only one other home located on Anderson Road, but you really can't see it from the house. Made handicap accessible for the past owners, this once loved home with an unused well and public water, needs updates and some remediation for the basement, however the house has a brand new shingle roof and the sellers offer a $1000 water heater stipend. Where else would you find a sunken living room these days? Very unique! A possible FHA/repair loan might be an option, and the sellers are willing to work with buyers to facilitate the required repairs, if necessary. The possibilities are endless with this sprawling main level rear entrance home. It boasts a huge separate dining room and a glassed-in sunroom just off the open kitchen, which has enough room for a huge island to be added, if you want. The established yard with it's big shade trees and flower beds full of perennial flowers is a huge plus. There are many pluses to discover on this property without a doubt, just being so near Dunlap and McMinnville, Fall Creek Falls or Rock Island, but also being on the gorgeous highly sought after Cumberland Plateau with it's summer breezes, for starters. Make your appointment to view it today! (Prequalification letter required to view, please). Call listing agent for assistance with getting prequalified, or for an appointment now or you'll kick yourself for missing out on this perfect business or home flip opportunity!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1986

Price Summary

387,000

$146 per Sq. Ft.

MLS #:

1514806

Last Updated:

June 21, 2025, 02:26 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,650 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,650 Sq. Ft.

Year Built:

1986


Lot

Lot Size (Sq. Ft):

245,678


Finances & Disclosures

Finances

Price:

$387,000

Price per Sq. Ft:

$146 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Chattanooga Association of Realtors All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.