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Crown And Anchor Can Help You Purchase This Home
Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!
2381 Classic Way, Powell, 37849
Priced At: $384,750
Property Details for ID: 1322333
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 2,720
Price SqFt: $141
Total Bedrooms: 5
Full Baths: 3 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-02-06T15:44:13Z
Public Remarks: Investor opportunity with space, land, and multiple value-add angles. This 5-bedroom, 3-bath home sits on over 1.4 acres in Powell and offers nearly 2,800 square feet -- an ideal setup for rental income, multi-generational living, or renovation resale potential. The large footprint, flexible layout, and detached garage with additional outbuildings create strong options for long-term rental, house-hack scenarios, or conversion for higher-yield use. Major systems already addressed including newer HVAC and roof, reducing immediate capital expenses while allowing the next owner to focus on cosmetic improvements and income strategy. The usable acreage, privacy, and storage structures add functionality rarely found at this price point in the area. Convenient Knox County location near schools, shopping, and Knoxville access supports strong rental demand and resale liquidity. Ideal for investors seeking: • Large square footage for higher rent potential • Multi-occupant or extended-family layout • Land + detached structures for added utility • Value-add cosmetic upside Strong candidate for buy-and-hold, light rehab flip, or portfolio addition. Buyers and/or buyer's agent to verify any and all information deemed reliable but not guaranteed.
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1985
Total Rooms: 8
SqFt (Total): 2,720
SqFt (Main Lvl): 2,720
Full Baths: 3
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
I-75 N to Emory Rd exit 112, R/Emory, L/Conner, continue L/across interstate and take R/Conner Rd to R/E Brushy Valley Rd just past Copper Ridge Elem School take right on Childress Rd and take gravel drive Classic Way to your right house is first house on right.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Four Reasons to Use Crown And Anchor Realty
Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!