TWO HOMES on over 20 acres, ideal for MULTI-GENERATIONAL living or for additional RENTAL INCOME. The primary residence has 2902 square feet of beautifully maintained living space with large kitchen, dining room, laundry, 3 bedrooms (including the primary suite) and 2 full baths all on the main level. The great room invites you to cozy up to a fire in its stately, stacked stone fireplace. Both main level baths are adorned with tiled walk-in showers with glass doors. Don't like a lot of steps? You have the option of entering the home from the main level drive and sidewalk, or through the 2-car garage below. The lower level of the primary home is a versatile space that has been finished with an open recreation room, full bath and two more rooms that can be used as bedrooms, office or gym. Need even more space to park a car or enjoy a hobby? You will find a detached carport with storage shed just off the lower driveway to the main home. The second home has 1444 square feet of living space and was initially built as an IN-LAW SUITE with easy access through the street-level 2-car garage. The great room with soaring vaulted ceiling and an abundance of windows allows room to breathe and to gaze out over the private, woodsy backyard. Also on the main level is a spacious eat-in kitchen, large bedroom and full bath. Upstairs in the apartment is another bedroom, living room, full bath and ample storage space. The two homes both have easy access to the pristine inground pool that was just installed in 2022. Primary home has large deck overlooking the pool, perfect for you to take the party outside! Apartment also has a cozy deck with a great view of the pool and nature. Explore the acreage and forge a trail through the woods behind the property leading to a meandering creek. The peaceful surroundings coupled with convenience to shopping, grocery stores, restaurants and medical facilities make this property a highly attractive investment for those seeking a versatile living arrangement or rental income.
The median home value in Powell, TN is $485,000. This is higher than the county median home value of $320,000. The national median home value is $338,100. The average price of homes sold in Powell, TN is $485,000. Approximately 71.84% of Powell homes are owned, compared to 23.5% rented, while 4.66% are vacant. Powell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Powell real estate agent to arrange a tour today!
Powell, Tennessee has a population of 13,855. Powell is more family-centric than the surrounding county with 37.91% of the households containing married families with children. The county average for households married with children is 31.43%.
The median household income in Powell, Tennessee is $74,443. The median household income for the surrounding county is $62,911 compared to the national median of $69,021. The median age of people living in Powell is 37.6 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 50.5 inches per year, with 5.7 inches of snow per year.