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3108 Shanks Lane
Knoxville TN 37938

$367,000

Active Listing ID 1314616
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3 bed
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1,824 square feet
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3.00 Bath (3 Full)
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Built in 2008
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Lot: 1.50 acre
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Single Family Residence

$367,000

Active Listing ID 1314616
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3108 Shanks Lane Welcome to 3108 Shanks Lane Knoxville, TN 37938 - a unique income-producing property offering versatility and an incredible county setting. Whether you're looking to invest in a rental property or need multi-functional home, this property is the perfect fit. Main House: The main house features an expansive, open floor plan that seamlessly blends the kitchen, living room, and dining area. French doors that open the entire living space to the covered wrap around porch area. This layout extends the areas for that perfect indoor/outdoor entertaining feature, The open layout creates an airy, flowing atmosphere, combining indoor and outdoor living. Whether hosting family gatherings or enjoying quiet evenings, this space provides the ideal setting for both. On the main floor, you'll find 2 bedrooms and 2 bathrooms, including a master suite that offers privacy and comfort. The laundry room is conveniently located on this floor, Downstairs: The lower level is accessible through separate exterior doors below, providing added privacy. On the right side, you'll find a fully functional Mother-in-Law suite with its own bedroom, bathroom, storage closet, and open-concept kitchen, living, and dining space. This space is perfect for extended family or can be rented out for additional income. This area has its own exterior access through the garage, making it ideal for tenants or additional family members. Exterior and Garage: On the left side. The property includes a 2-car garage and a long driveway with circle drive access that can easily accommodate up to four cars or more. This is perfect for hosting guests or entertaining. The property is shaded by mature trees, offers a peaceful and private environment. Income-Producing Potential: With separate living spaces and exterior entrances, this property offers excellent income potential. The main house and Mother-in-Law suite can be rented out individually, providing streams of rental income. The layout also makes it ideal for multi-generational living, offering privacy and independence for each occupant. Don't miss out on the opportunity to own this versatile, income-producing property. Schedule a showing today and see all the possibilities it has to offer!

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Property Features

  • Facts
  • Built in: 2008
  • Lot Size: 1.50 acre
  • Property Type: Single Family
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Cooling, Ceiling Fan(s)
  • Exterior Finish: Windows - Vinyl
  • Floor Covering: Laminate, Carpet, Tile
  • Heating Fuels: Central, Ceiling, Electric
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Copper Ridge(Elementary)
  • Halls(MiddleSchool)
  • Halls(HighSchool)
Listing Changed: 2/22/2026 7:35:39 AM GMT
Source Updated Date: 2/23/2026 4:08:10 PM GMT

Courtesy of: Steffanie Breiner, Sail Away Homes & Land, 865-399-2033

"Copyright 2023 Knoxville Area Association of Realtors (KAAR). All Rights Reserved."

The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.

NMLS Unique Identifier # 34391 - TN License # 109111