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116 S Walker Lane, Oak Ridge, 37830

Priced At: $259,000


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Property Details for ID: 1334296

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SqFt: 1,564
Price SqFt: $166
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-03-27T04:17:50Z

Public Remarks: PRICE IMPROVEMENT -- Now offered at $275,000, this updated Oak Ridge cottage delivers rare flexibility at an affordable price point. With approximately 1,564 finished square feet, the home is thoughtfully split between the main level and finished walkout lower level, offering about 782 square feet on each floor. The main level features an efficient layout with a comfortable living area, eat-in kitchen, 2 bedrooms, 1 full bath, updated flooring, stainless appliances, and a neutral interior palette. The finished lower level adds valuable versatility with its own private exterior entrance, second kitchen, bedroom, full bath, and additional living space. This layout is ideal for buyers who need options: multi-generational living, guest space, roommate separation, a private work-from-home setup, or potential rental use where permitted. Recent and notable features include a gas water heater installed in 2025, all appliances conveying, a basement refrigerator and gas stove, and a roof reported to be approximately 5 years old. Outside, enjoy a fenced backyard, deck, firepit area, rolling lot, and convenient 2-car carport. Located just minutes from ORNL, Y-12, Methodist Medical Center, schools, parks, and everyday Oak Ridge amenities, this home offers more than just a place to live -- it offers flexibility, function, and long-term value.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Basement Ranch
Site Built: Yes
Year Built: 1943
Total Rooms: 5
SqFt (Total): 1,564
SqFt (Main Lvl): 782
SqFt (Down Lvl): 782
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Basement: Yes
Basement Type: Finished, Walkout

  Exterior Features

Features: Deck, Doors - Storm, Windows - Aluminum, Windows - Insulated
Construction: Block, Frame
Siding: Cedar, Shingle Shake, Wood

  Appliances

Dryer, Range, Refrigerator, Washer

  Room Dimensions

Master Bedroom: Bedroom 2: Bedroom 3: Bathroom: LR/DR Combination:

  Interior Features

Dining Area: Eat-in Kitchen, KitchenDining Rm Co
Floors: Laminate
Other Rooms: Bedroom Main Level, Mstr Bdrm Main Level
Misc Features: WasherDryer Connect

  Property Details

Acreages: 0.26
Lot Description: Irregular Lot, Rolling Slope
View: Other

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional, FHA, VA Loan

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 5
Fireplace Type(s): Free Standing, Ventless, Electric, Gas
Cooling Type(s): Window Unit(s)
Heat Type(s): Other

Garage / Parking

Carport Spaces

  Community Features

Outbuildings


Presented By: / Wallace

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take I-40 W toward Nashville. Take Exit 376 for TN-162 N (Pellissippi Pkwy) toward Oak Ridge. Merge onto TN-162 N, which becomes TN-170 W (Edgemoor Rd) and then TN-62 W (Illinois Ave). Continue on Illinois Ave for approximately 5 miles. Turn Right onto W Outer Dr. Proceed 0.8 miles and turn Right onto S Walker Ln. Property 116 is on the Right. Sign on Property (SOP).



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