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About This Home
This 3-bedroom, 4-bathroom single family at 149 Woodson Lane in Lafollette, TN is listed for $699,000 ($218 per sqft). Built in 1975, the home offers 3,200 sqft of living space on a 3.93 acres lot.
Nestled on 3.93+ rolling, picturesque acres just five minutes from beautiful Norris Lake, this immaculate basement ranch offers the perfect blend of mountain serenity, multi-generational living, and exceptional income potential. With panoramic Appalachian views, flexible living spaces, and multiple revenue streams already in place, this is a rare East Tennessee opportunity.
Bring your boat, your RV, your toys--and your vision. Whether you're seeking a private homestead, weekend retreat, live-work property, or investment opportunity, this property delivers. Inside, the home welcomes you with warm, open-concept living centered around a stunning floor-to-ceiling brick wood-burning fireplace.
The fully renovated kitchen is designed for both entertaining and everyday comfort, featuring granite countertops, a spacious triple pantry, stainless steel appliances (all less than one year old), and beautiful Pergo engineered hardwood flooring throughout the main living areas.
The spacious primary suite offers a newly renovated bath, while the sunroom/bonus room provides the perfect space to relax and take in the mountain views. A dedicated laundry/mudroom adds everyday convenience. Downstairs, a private additional dwelling unit (ADU) with its own separate entrance is currently producing income, offering endless possibilities for short-term rental, long-term rental, guest quarters, or multigenerational living.
Major updates provide peace of mind, including a 50-year roof (2021), HVAC (2020), windows (2019), tankless water heater, and newer washer and dryer. For the hobbyist, entrepreneur, or investor, the outbuildings are truly exceptional. Two massive 60x100 shops/garages offer endless flexibility.
The front shop is heated and cooled, features a commercial auto lift, and includes both 30- and 50-amp service. The rear shop features 16-foot doors--ideal for boats, RVs, equipment, and oversized storage. Even better, the property has a proven track record of generating seasonal income through RV, golf cart, and boat storage for Norris Lake visitors, historically averaging approximately $14,000 seasonally.
Additional improvements include a barn and covered carport, expanding both functionality and income potential. Located near Tackett Creek recreation and just minutes from lake access, this is more than a home--it's a lifestyle, a business opportunity, and an East Tennessee legacy property all in one. Buyer to verify square footage, acreage, and finishes.
Key Features
- Built in 1975
- 3.93 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
149 Woodson Lane
Lafollette, TN 37766
Hassie Stiner
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 4-bathroom single family at 149 Woodson Lane is listed at $699,000 ($218/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.
Key features include: Built in 1975, 3.93 acre lot, Fireplace. Interior Features: Kitchen Island, Pantry, Eat-in Kitchen. Exterior Features: Windows - Vinyl.
This property is listed by Matthew Lawson and can be reached at 8652543334 or knoxhorseandhome@gmail.com.








