641 Idlewood Lane, Knoxville, TN 37923 (MLS# 1357790)

641 Idlewood Lane, Knoxville, TN 37923

New Listing

$549,900

Property Type: Single Family Bedrooms: 3 Square Footage: 2,307 Lot Size (sq. ft.): 1,818 Status: Active

Current Price: $549,900 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

Description

Offered fully furnished and truly turnkey, 637-643 Idlewood Lane presents a rare opportunity to acquire an entire four-residence PUD property in West Knoxville with an established short-term rental operation already in place. Unlike a condominium project, the property consists of four separately deeded residences, each with ownership of its individual lot, providing flexibility for an investor to retain the entire portfolio or potentially sell the homes individually in the future. Together, the four residences provide approximately 9,228 square feet of finished living space, with each home offering approximately 2,307 square feet across three levels, three and a half baths, an attached one-car garage, and multiple outdoor living areas. The floor plans include a combination of bedroom and loft configurations, with dramatic 16-foot ceilings on the upper level, abundant natural light, and thoughtfully designed interiors. Distinctive Brazilian Cumaru hardwood siding gives the building a ... (Read more) Offered fully furnished and truly turnkey, 637-643 Idlewood Lane presents a rare opportunity to acquire an entire four-residence PUD property in West Knoxville with an established short-term rental operation already in place. Unlike a condominium project, the property consists of four separately deeded residences, each with ownership of its individual lot, providing flexibility for an investor to retain the entire portfolio or potentially sell the homes individually in the future. Together, the four residences provide approximately 9,228 square feet of finished living space, with each home offering approximately 2,307 square feet across three levels, three and a half baths, an attached one-car garage, and multiple outdoor living areas. The floor plans include a combination of bedroom and loft configurations, with dramatic 16-foot ceilings on the upper level, abundant natural light, and thoughtfully designed interiors. Distinctive Brazilian Cumaru hardwood siding gives the building a sophisticated architectural presence, while hardwood flooring extends throughout the main and upper levels and durable luxury vinyl plank flooring finishes the lower levels. The entire property is being offered fully furnished, including furniture, televisions, washers and dryers, kitchenware, linens, sheets, towels, and housewares, subject only to the seller's stated exclusions. The result is a genuinely turnkey acquisition requiring none of the significant expense, furnishing, or setup time typically associated with launching multiple furnished rentals. The property is currently operated within an established, professionally managed short-term rental program with a demonstrated operating history, strong guest demand, and substantial future bookings already on the calendar. The portfolio is managed by an Airbnb Superhost, and the homes have established guest recognition within the platform. Rather than purchasing an untested STR concept, a buyer can acquire an operating furnished-rental portfolio with management, furnishings, booking history, and forward reservations already in place. Rental performance has continued to strengthen. The four residences generated approximately $211,241 in combined gross rental revenue during 2025. From January through August 2025, the portfolio generated $123,233, compared with $148,722 during the same period in 2026--approximately 21% year-over-year growth. Based on year-to-date performance, the current pace of forward bookings, and the historically strong fall rental season, the portfolio is projected to generate approximately $265,000 in combined gross rental revenue during 2026. With four separately deeded homes, approximately 9,228 square feet of combined finished space, complete furnishings, professional management, established rental history, and existing forward bookings, 637-643 Idlewood offers a new owner the potential for both immediate enjoyment and immediate income from the day of closing. Located in highly regarded West Knoxville school zones and exceptionally convenient to shopping, dining, entertainment, and everyday amenities, the property combines individual land ownership, garage parking, polished interiors, architectural character, and a proven furnished-rental operation into a unique investment opportunity in one of Knoxville's most desirable areas

Listing Details MLS# 1357790

Location Tax Legal Info

House #: 641
Street Name: Idlewood
St Suffix: Lane
State/Province: TN
Zip Code: 37923
PIN #: 133HA03202
Subdivision: Idlewood Subdivision

Contract Info

Auction Y/N: No
Listing Price: 549900
Occupancy: Either

General Property Description

Type: Townhouse
Lot Dimensions: 18 x 101
Lot Size SqFt: 1818
Acres: 0.04
Acre Source: Survey
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 2307
SqFt - Main Lvl: 850
SqFt - Down Lvl: 368
SqFt - 2nd Flr Lvl: 1089
# Bedrooms: 3
Baths - Full: 3
Baths - 1/2: Yes
# of Rooms: 8
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Fee: 100
HOA Freq: Monthly
Year Built: 2023
Bonus Room: Yes
Extra Storage: No

Status Change Info

Status Change Date: 2026-10-05

More Information

Property Features

Style: Contemporary Construction: Block; Frame Siding: Fiber Cement; Stucco; Wood Basement: Slab Lot Description: Level Fireplace: None Floors: Hardwood; Marble; Tile; Other Fuel: Electric Heat: Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Smoke Detector Sewer: Public Sewer Water: Public Other Rooms: Laundry/Utility Misc Features: Cathedral Ceiling(s); Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Balcony; Deck; Doors - Energy Star; Patio; Porch - Covered; Window - Energy Star; Windows - Insulated; Windows - Vinyl Dining Area: Breakfast Bar; Formal Dining Area; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Lawn Care Association Fee Incl: Grounds Maintenance Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; VA Loan

IDX

Listing Office: Vision Properties Group, Inc.

Last Updated: October - 05 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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641 Idlewood Lane, Knoxville, TN 37923 (MLS# 1357790)