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340/342 Bank St, Tellico Plains, 37385
Priced At: $649,999
Property Details for ID: 1355378
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 2,240
Price SqFt: $290
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2026-09-13T23:39:11Z
Public Remarks: Two Homes, One Exceptional Property in Tellico Plains! Discover the possibilities with this unique multigenerational property or potential income-producing opportunity, offering two well-maintained, move-in-ready homes on approximately 0.9 acres in the heart of Tellico Plains, Tennessee. The main residence features 3 bedrooms, 2.5 bathrooms, and approximately 2,240 square feet, providing plenty of space for comfortable everyday living and entertaining, as well as a 2-car attached garage. A second home offers an additional 1,014 square feet with 3 bedrooms and 1 bathroom--perfect for extended family, guests, or potential rental income. Adding even more value is a spacious 30' x 40' detached garage with concrete flooring, ideal for vehicles, workshop space, storage, or recreational equipment. Enjoy beautiful mountain views from the expansive front porch while being conveniently located in the heart of Tellico Plains. Outdoor enthusiasts will love the easy access to the scenic Tellico River and Bald River Falls, just approximately 12 miles away. A 30-foot easement at the bottom of the property provides access to the property located behind it. Whether you're looking for a home for multiple generations, space for guests, a potential rental opportunity, or simply room to spread out, this property offers an exceptional combination of space, flexibility, mountain views, and location. Properties offering two homes and a large garage in Tellico Plains don't come along often--come see the possibilities for yourself!
Schools Information
Elementary School: Tellico PlainsMiddle / Junior School: Tellico Plains
High School: Tellico Plains
Building Description
Site Built: Yes
Year Built: 1994
Total Rooms: 9
SqFt (Total): 2,240
SqFt (Main Lvl): 2,240
SqFt (Down Lvl): 672
Full Baths: 2
1/2 Baths: 1
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: Yes
Basement Type: Unfinished
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Tellico Plains follow Hwy 68 towards Madisonville, turn right on Bank Street just past Yates Home Store. Follow 0.8 miles and homes will be on left.
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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.
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