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271 Anderson Road, Palmer, TN 37365

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For Sale

$387,000

3 beds • 2 baths • 2,650 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $146.04
    Price per square foot

  • 31-40 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

An opportunity, the likes of which you won't see very often! This beautiful, secluded, brick, 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! Not on Broker Bay Call listing agent/office
MLS# 1514806

Courtesy Of Collier & Company Realty

(423) 619-0957

Property Features

  • Age
    31-40 Years Old
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Brick, Vinyl Siding
  • Fireplace
    Fireplace
  • Lot Size
    5.64 Acres

Map and Directions

Directions to 271 Anderson Road, Palmer, TN 37365

Home seller CENTURY 21 Professional Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Professional Group

(423) 949-7653
Learn More About Us

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Monthly Payment Breakdown

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Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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