940 Lilac Way
Cosby, TN 37722
Map
- 2 beds
- 1 bath
- 802 sqft
- 924 sqft lot
- $137 per sqft
- 1983 build
- – on site
PRICE REDUCED! Due to unmet contract requirements, this charming property is once again available! Here's your opportunity to own a picturesque acre of land that is already partially fenced with a lean-to for horses! The Property is deeded with a cozy, 2-bedroom, 1-bath manufactured home with a flex room and additional storage space! A covered porch with the best view of the mountains and a sheltered hot tub ensures the outdoor space is well equipped for enjoyment. Although public water is available, a well water contract conveys with a clean water supply at only $15/month! This home is move-in ready and was recently used as a successful short-term rental. The properties' outbuildings include a second 1bed/1bath manufactured home and a barn-style shed/carport. The second home is already set on blocks, tied down, and connected to water lines—offering easy potential conversion into a livable second dwelling. It conveys as an outparcel, adding incredible value and flexibility. Enjoy stunning mountain views, peaceful surroundings, and versatile living options. Whether you're looking for a private retreat or seeking an investment with Airbnb potential, this property checks all the boxes. Inside, you'll find a warm and welcoming living space perfect for relaxing or entertaining. Highlights include: A hot tub and covered deck ,Fully equipped kitchen (refrigerator included), Central heat and air, A flex room ideal for an office or storage, New hot water heater (2023), New roofing on the addition, 350 feet of new water line and new PEX line to the well, Brand-new HVAC with a 10-year warranty, Plus, both the gazebo and hot tub convey with the sale. The acre of land is truly a sweet deal—offering plenty of room for gardening, outdoor fun, or simply soaking in the breathtaking views. With space to expand or personalize, the possibilities are endless. Located in peaceful Cosby, TN, yet just a short drive to Sevierville and Pigeon Forge, this property offers the perfect blend of seclusion and convenience. (All information to be verified by the buyer.) Don't miss your chance to own this one-of-a-kind property—schedule your showing in Broker Bay today!
Last checked:
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Last updated Jun 17, 2025
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MLS# 1292372 —
The Building
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Year Built:1983
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New Construction:No
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Construction Materials:Vinyl Siding, Aluminum Siding, Frame
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Direction Faces:None
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Roof:None
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Stories:None
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Stories Total:None
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Basement:None, Other
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Basement:false
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Patio And Porch Features:Porch - Covered
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Accessibility Features:None
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Building Area Total:802.0
Interior
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Interior Features:Eat-in Kitchen
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Levels:None
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Flooring:Laminate, Carpet, Vinyl
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Fireplace:false
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Possession:None
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Lease Term:None
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Tenant Pays:None
Location
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Directions:From the City of Cosby: take Jones Cove Rd. to Bogard Rd. turn (R.) follow Bogard Rd. to Bulter Rd. turn (L.) Lilac Way is (L.) off Butler Rd.
The Property
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Parcel Number:092 010.01
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Property Type:Single Family
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Property Subtype:Single Family Residence
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Lot Features:Private, Irregular Lot, Rolling Slope
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Lot Size Area:1.0
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Lot Size Acres:1.0
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Lot Size Dimensions:209x128x48x185x92x258
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Lot Size SqFt:924.08
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Lot Size Units:Acres
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Lot Size Source:Tax Records
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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Fencing:None
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Waterfront:No
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Water Body Name:None
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Road Frontage Type:None
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Other Structures:Gazebo, Barn(s)
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Property Attached:false
Listing Agent
- Contact info:
- Office phone:
- (865) 238-0002
Taxes
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Tax Annual Amount:97.92
Beds
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Bedrooms Total:2
Baths
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Total Baths:1.0
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Total Baths:1
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Three Quarter Baths:None
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Full Baths:1
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Cooling
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Cooling:true
Utilities
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Electric:None
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Sewer:Septic Tank
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Water Source:Well
Appliances
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Appliances:Dryer, Range, Refrigerator, Washer
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Refrigerator:true
Schools
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Park Name:None
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Senior Community:No
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Pool Private:No
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Spa Features:None
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View:Mountain View, Country Setting
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Pets Allowed:None
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Association:false
Parking
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Attached Garage:false
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Parking Features:Off-Street Parking
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Parking Total:None
Monthly cost estimate
Asking price
$110,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$589
|
| Taxes | $8 |
| Insurance | $30 |
| Utilities | $115 See report |
| Total | $742/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/16/25
May 16, 2025
|
Price Changed | KAARMLS | $110,000 | -12.0% |
|
5/15/25
May 15, 2025
|
Relisted | KAARMLS | $125,000 | |
|
4/7/25
Apr 7, 2025
|
Pending | KAARMLS | $125,000 |
