508 Petit Lane
Wartburg, TN, 37887 $ 225,000
Bedrooms4 Baths2.1 Sq 1,120 Monthly Estimate*
$ 1,385
for $225,000 with 4 bedrooms and 2 full baths, 1 half bath. This 1,120 square foot home was built in 1989 on a lot size of 0.58.
Nestled in the heart of Wartburg, this inviting property offers flexibility, character, and income potential all in one unique package. With a total of 4 bedrooms and 2 1/2 baths between the main home and attached suite, this property presents a rare opportunity for multi-generational living, rental income, or private guest accommodations. The main home features 3 bedrooms and 1 1/2 baths, offering a functional layout with a warm, welcoming feel. Inside, you'll find cozy living spaces filled with charm and personality. The home has a comfortable, lived-in appeal that makes it easy to envision adding your own updates and personal touches over time. Whether you're a first-time buyer, investor, or someone looking for a property with potential, this home provides a solid foundation and endless possibilities. Connected by a convenient laundry room, the attached 1 bedroom, 1 bath suite offers privacy and versatility. Currently operating as a successful Airbnb, the suite provides an excellent opportunity for supplemental income or could easily serve as a mother-in-law suite, guest quarters, or private home office. Its separation from the main living space allows both areas to function independently while still remaining under one roof. A small attached garage provides covered parking or workspace, while 2 detached storage buildings offer ample room for tools, hobbies, or equipment. A separate detached metal storage structure located away from the home provides even more space for vehicles, recreational equipment, or workshop needs.
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FeaturesGeneralLiving Area 1120
Sewer Septic Tank
Heating Central Natural Gas
Cooling Central Air Ceiling Fan(s)
Utilities Natural Gas Available Water Available
Possession Close Of Escrow
Appliances Dishwasher Disposal Microwave Range Refrigerator
Garage Spaces 1
Patio/Porch Features Patio Porch Covered
Architectural Style A-Frame
Security Features Smoke Detector(s)
Construction Materials Frame Other
Year Built 1989
View Mountain(s)
Stories Count 1
Topography Level
Levels One
Property Subtype Single Family Residence
County Morgan County TN
New Construction N
Property Type Residential
Attached Garage Y
Garage Y/N Y
Full Baths 2
Status Active
Directions From downtown Wartburg head south on North Kingston Street turn right onto Knoxville Highway (US-27) then take a right onto Petit Lane and continue straight until you reach 508 Petit Lane which will
City Wartburg
Senior Community Y/N N
Lot Size Units Acres
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 748
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorInterior Amenities Ceiling Fan(s)
Basement Crawl Space
Flooring Laminate Vinyl
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1120
Half Baths 1
Laundry Features Washer Hookup Electric Dryer Hookup
Total Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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ExteriorParking Features Attached
Lot Features Level
Water Source Public
Total Parking 1
Lot Size Area 0.58
Building Area Total 1120
Lot Dimensions 263x60
Lot Size Acres 0.58
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 1
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* Excluded FeaturesList Byshawnar@wallacetn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,385
- Monthly Property Taxes
- $62
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Wartburg, TN
Average List Price $427,394
Percent of Sale Price 90%
About Wartburg, TN 993 Population
-3% Since 2002
$ 34,581 Median Income
40.49 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $225,000 | | Listed Price |