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271 Anderson Road

Palmer, TN 37365

3 beds
2 baths
2,650 sqft
~6 acre lot
$146 per sqft
1986 build
– on site

An opportunity, the likes of which you won't see very often! This beautiful, secluded, brick, full basement rancher has the bones, you provide the imagination and finishing touches! The views are so beautiful from this home in the center of this 5.6 acre location, overlooking gorgeous farmland, and a mile or so from Savage Gulf Park, where you can hike to waterfalls a short distance from this property. Your neighbors are primarily Mennonite farmers with only one other home located on Anderson Road, but you really can't see it from the house. Made handicap accessible for the past owners, this once loved home with an unused well and public water, needs updates and some remediation for the basement, however the house has a brand new shingle roof and the sellers offer a $1000 water heater stipend. Where else would you find a sunken living room these days? Very unique! A possible FHA/repair loan might be an option, and the sellers are willing to work with buyers to facilitate the required repairs, if necessary. The possibilities are endless with this sprawling main level rear entrance home. It boasts a huge separate dining room and a glassed-in sunroom just off the open kitchen, which has enough room for a huge island to be added, if you want. The established yard with it's big shade trees and flower beds full of perennial flowers is a huge plus. There are many pluses to discover on this property without a doubt, just being so near Dunlap and McMinnville, Fall Creek Falls or Rock Island, but also being on the gorgeous highly sought after Cumberland Plateau with it's summer breezes, for starters. Make your appointment to view it today! (Prequalification letter required to view, please). Call listing agent for assistance with getting prequalified, or for an appointment now or you'll kick yourself for missing out on this perfect business or home flip opportunity!

Listing courtesy of CHTMLS / Collier & Company Realty, LLC

Last checked: Checking… • Last updated Jun 17, 2025 •

MLS# 1514806 —

The Building

Year Built:

1986
New Construction:

false
Architectural Style:

Ranch
Construction Materials:

Brick, Frame, Vinyl Siding
Stories:

1
Stories Total:

None
Basement:

Unfinished
Basement:

true
Foundation Details:

Block
Exterior Features:

Rain Gutters
Accessibility Features:

Accessible Approach with Ramp
Building Area Total:

2650.0
Above Grade Finished Area:

2650.0

Interior

Furnished:

None
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Living Room
Laundry Features:

Laundry Room
Zoning Description:

None

Room Dimensions

Living Area:

2650.0
Living Area Units:

None
Living Area Source:

Public Records

Location

Directions:

From Hwy 111 to 399 towards Grundy Co. pass Savage Gulf Park and turn right onto Stage Coach Road then right onto Anderson Road. Home on the left. SOP
Latitude:

35.42894
Longitude:

-85.563655

The Property

Parcel Number:

039/016.08
Property Type:

Residential
Property Subtype:

Single Family Residence
Direction Faces:

None
Possible Use:

None
Lot Size Acres:

5.64
Lot Size Area:

5.64
Lot Size Dimensions:

1058x1169x717x36
Lot Size SqFt:

245677.0
Lot Size Units:

Acres
Lot Size Source:

None
Additional Parcels:

false
Zoning:

None
Topography:

None
View:

true
Pool Private:

No
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Legal Description:

039/016.08 108493
Tax Annual Amount:

1380.0

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Three Quarter Baths:

None
Quarter Baths:

None
Partial Baths:

None

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air, Electric
Cooling:

true

Utilities

Utilities:

Electricity Connected, Phone Connected, Water Connected
Water Source:

Public
Sewer:

Septic Tank
Electric:

None

Appliances

Appliances:

Refrigerator, Range Hood, Free-Standing Electric Range, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Dishwasher, Built-In Range

Schools

Elementary School:

Swiss Memorial Elementary
Elementary School District:

None
Middle Or Junior School:

Grundy County Middle
Middle Or Junior School District:

None
High School:

Grundy County High

The Community

Subdivision Name:

None
Senior Community:

false
Association:

false
Association Fee 2:

None
Association Fee 2 Frequency:

None
Pets Allowed:

None
Spa:

false

Parking

Garage:

true
Garage Spaces:

1.0
Attached Garage:

true
Carport:

false
Parking Features:

Basement, Driveway, Garage, Gravel, Kitchen Level, Off Street

Monthly cost estimate

Asking price

$387,000

Expense	Monthly cost
Mortgage	$2,072
Taxes	$115
Insurance	$106
Utilities	$171 See report
Total	$2,464/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/15/25 Jun 15, 2025	Listed / Active	CHTMLS	$387,000
8/18/23 Aug 18, 2023	Sold	CHTMLS

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This house located in TN 37365 is currently for sale for $387,000. 271 Anderson Road is a 2,650 square foot house with 3 beds and 2 baths that has been on Estately for 3 days.

Listing Courtesy of: CHTMLS and Collier & Company Realty, LLC.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS. © 2025 Chattanooga Association of REALTORS®