515 Wallace Rd, Luttrell, TN 37779
SOLD
MAY 26, 2026

515 Wallace Rd
Luttrell, TN 37779

    $120,000

    Last Sold: May 26, 2026
    4% below list $125K
    Est. Refi. Payment $711/mo*

    $120,000

    Last Sold: May 26, 2026
    4% below list $125K
    Est. Refi. Payment $711/mo*
    (on 5.90 acres)

    Local Information

    • Map ViewExplore the area around 515 Wallace Rd.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    If you are searching for a few acres out in the country but close to town, this might be the property for you! This surveyed 5.9 acres is ready for some new owners to build that dream home on. The property has city water and electricity readily available saving you thousands in preparation costs. 515 Wallace Road has about 1000 feet of road frontage on Highway 370 and Wallace Road combined, so you will have several options when choosing your build site. The property has three level build sites, two unfinished driveways, and one finished driveway. Schedule your private showing today before this one is gone!
    This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 27, 2026

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    113 days ago

    Home Details for 515 Wallace Rd

    Interior Features

    View
    Has a ViewView: Country Setting

    Exterior Features

    Exterior Home Features
    No Private Pool
    Parking & Garage
    No Carport
    Surface & Elevation
    Topography: Partially Cleared

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Land
    Property Information
    Parcel Number: 072 053.00

    Price & Status

    Price
    List Price: $125,000
    Status Change & Dates
    Off Market Date: Sun May 03 2026

    Active Status

    MLS Status: Closed

    Location

    Direction & Address
    City: Luttrell

    Lot Information

    Lot Area: 5.9 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 1331084
    Last check for updates: about 6 hours ago
    Listed by Chase Buckner, (865) 456-5076
    The Real Estate Firm, Inc.
    Bought with: Donnie Day, (865) 257-2566, Day & Associates
    Source: East Tennessee Realtors, MLS#1331084

    Price History for 515 Wallace Rd

    DatePriceEventSource
    05/26/2026$120,000Sold
    East Tennessee Realtors #1331084
    05/03/2026$125,000PendingEast Tennessee Realtors #1331084
    04/30/2026$125,000PriceChange
    East Tennessee Realtors #1331084
    03/02/2026$160,000Listed For SaleEast Tennessee Realtors #1331084
    01/21/2026$160,000ListingRemovedEast Tennessee Realtors #1287417
    07/21/2025$160,000PriceChange
    East Tennessee Realtors #1287417
    05/12/2025$175,000PendingToActiveEast Tennessee Realtors #1287417
    04/29/2025$175,000PendingEast Tennessee Realtors #1287417
    01/20/2025$175,000Listed For SaleEast Tennessee Realtors #1287417

    Market trends in Luttrell

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
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    Comparable Sales for 515 Wallace Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.73
    Lot/Land
    $65,000
    02/20/26
    -
    -
    1.27
    Lot/Land
    $34,900
    10/03/25
    -
    -
    2.33
    Lot/Land
    $120,000
    01/20/26
    -
    -
    2.33
    Lot/Land
    $120,000
    01/20/26
    -
    -
    2.99
    Lot/Land
    $62,000
    10/24/25
    -
    -
    3.35
    Lot/Land
    $240,000
    02/03/26
    -
    -
    3.42
    Lot/Land
    $235,000
    07/18/25
    -
    -
    3.42
    Lot/Land
    $235,000
    07/18/25
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 515 Wallace Rd.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Luttrell

    At least 3 Trulia users voted on each feature.
    • 100 % Say parking is easy

    • 100 % Say kids play outside

    • 100 % Say car is needed

    • 67 % Say there's wildlife

    • 67 % Say neighbors are friendly

    • 67 % Say yards are well-kept

    • 33 % Say it's dog friendly

    • 33 % Say they plan to stay for at least 5 years

    Sourced by Trulia users. Learn more about our methodology.

    LGBTQ Local Legal Protections

    Apartments for Rent

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    Homes for sale near 515 Wallace Rd

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    Off Market Homes Near 515 Wallace Rd

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    IDX information is provided exclusively for 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.
    Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Eric Young - (865) 378-5282.
    515 Wallace Rd, Luttrell, TN 37779 is a lot/land. This property is not currently available for sale. 515 Wallace Rd was last sold on May 26, 2026 for $120,000 (4% lower than the asking price of $125,000).