$497,400
- 3 Beds
- 1 Bath
- 1,382 sqft (on 12.73 acres)
701 Bailey Ln, Erwin, TN 37650
Est. Refi. Payment $2,956/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 30, 2025 for $495,000
Home Value
Trulia Estimate
$497KSince last month
Decreased$4K (-0.8%)Since last year
Increased$600 (+0.1%)Since last sale
Increased$900 (+0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +127% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $496K |
| August 2026 | $500K |
| July 2026 | $499K |
| June 2026 | $502K |
| May 2026 | $500K |
| April 2026 | $500K |
| March 2026 | $505K |
| February 2026 | $498K |
| January 2026 | $494K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.53 | Single-Family Home | $237,500 | 01/23/26 | 3 | 1 | 1,316 | |
0.58 | Single-Family Home | $588,000 | 10/16/25 | 3 | 3.5 | 3,641 | |
0.81 | Single-Family Home | $610,000 | 09/02/26 | 3 | 2.5 | 1,785 | |
1.00 | Single-Family Home | $250,000 | 06/29/26 | 2 | 1.5 | 1,305 | |
1.12 | Single-Family Home | $275,000 | 03/17/26 | 3 | 2.5 | 2,540 | |
1.58 | Single-Family Home | $300,000 | 04/17/26 | 3 | 2 | 1,464 | |
1.47 | Single-Family Home | $415,000 | 08/18/26 | 4 | 2 | 2,184 | |
1.77 | Single-Family Home | $236,000 | 03/12/26 | 3 | 1 | 1,331 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $699,900 | 3 | 2 | 1,848 | For Sale | |
0.15 | $495,000 | 4 | 2 | 2,031 | For Sale | |
0.45 | $249,300 | 4 | 2 | 1,300 | Off Market | |
0.49 | - | - | - | - | Off Market | |
0.52 | $141,100 | 3 | 2 | 1,200 | Off Market | |
0.53 | $237,500 | 3 | 1 | 1,316 | Recently Sold | |
0.58 | $589,500 | 3 | 3.5 | 3,641 | Off Market | |
0.60 | $125,000 | 3 | 2 | 1,144 | Recently Sold | |
0.64 | - | - | - | - | Off Market | |
0.67 | $148,400 | 3 | 2 | 1,008 | Off Market | |
0.70 | $241,100 | 4 | 2 | 1,386 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1957
12.73 acre lot
1,382 sqft
$360/sqft
About this House
Riverfront Retreat on 12.73± Acres - 701 Bailey Lane, Erwin, TN
Welcome to your private East Tennessee oasis! Nestled on 12.73± acres with over 700 feet of pristine Nolichucky River frontage, this unique property offers endless possibilities—whether you're looking for a serene homestead, income-generating opportunity, or a recreational getaway.
The charming 3-bedroom, 1-bathroom home features 1,382 finished square feet upstairs and a 1,252 sq ft unfinished basement, giving you room to expand or customize to your needs. Even better, the home is being sold fully furnished, making it truly move-in ready.
Outside, you'll find everything you need for work or play, including a large barn and a spacious 2,800 sq ft 4-bay shop, already plumbed for a boiler heating and cooling system—perfect for a workshop, event space, or future conversion. With no city taxes and located just minutes from downtown Erwin and I-26, you'll enjoy peace and privacy without sacrificing convenience.
Whether you're envisioning an RV campground, wedding venue, or simply a private riverside retreat, this one-of-a-kind property is full of potential.
Don't miss your chance to own a slice of paradise in the mountains of Northeast Tennessee.
All information is deemed reliable, but not guaranteed. Buyer / Buyers agent to verify any / all information.
Welcome to your private East Tennessee oasis! Nestled on 12.73± acres with over 700 feet of pristine Nolichucky River frontage, this unique property offers endless possibilities—whether you're looking for a serene homestead, income-generating opportunity, or a recreational getaway.
The charming 3-bedroom, 1-bathroom home features 1,382 finished square feet upstairs and a 1,252 sq ft unfinished basement, giving you room to expand or customize to your needs. Even better, the home is being sold fully furnished, making it truly move-in ready.
Outside, you'll find everything you need for work or play, including a large barn and a spacious 2,800 sq ft 4-bay shop, already plumbed for a boiler heating and cooling system—perfect for a workshop, event space, or future conversion. With no city taxes and located just minutes from downtown Erwin and I-26, you'll enjoy peace and privacy without sacrificing convenience.
Whether you're envisioning an RV campground, wedding venue, or simply a private riverside retreat, this one-of-a-kind property is full of potential.
Don't miss your chance to own a slice of paradise in the mountains of Northeast Tennessee.
All information is deemed reliable, but not guaranteed. Buyer / Buyers agent to verify any / all information.
701 Bailey Ln, Erwin, TN 37650 is a 3 bedroom, 1 bathroom, 1,382 sqft single-family home built in 1957. It last sold for $495,000 on Jun 30, 2025 (6% below the $525,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $497,400, with a rent estimate of $1,675/month.
Last check for updates: about 2 hours ago
Listed by Michael Baker, (423) 948-7661
Greater Impact Realty Erwin
Bought with: Michael Baker, (423) 948-7661, Greater Impact Realty Erwin
Source: TVRMLS, MLS#9979539
Home Details for 701 Bailey Ln
|
|---|
Interior Details Number of Rooms: 7 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1382 Square Feet |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Window: Double Pane Windows |
View Has a ViewView: Water, Mountain(s) |
|
|---|
Exterior Home Features Roof: Metal |
Frontage WaterfrontWaterfront: River FrontOn Waterfront |
Water & Sewer Sewer: Septic Tank |
Surface & Elevation Topography: Sloped |
|
|---|
Year Built Year Built: 1957 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: CabinArchitecture: Cabin,Cottage |
Building Construction Materials: LogNot a New ConstructionDoes Not Include Home Warranty |
Property Information Condition: AverageParcel Number: 039 014.00 |
|
|---|
Price List Price: $525,000 |
Status Change & Dates Off Market Date: Mon Jun 30 2025 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: ErwinCommunity: Not In Subdivision |
School Information Elementary School: Love ChapelJr High / Middle School: Unicoi CoHigh School: Unicoi Co |
|
|---|
Building Area Building Area: 2634 Square Feet |
|
|---|
Not Senior Community |
|
|---|
No HOA |
|
|---|
Lot Area: 12.73 Acres |
|
|---|
Listing Terms: Cash, Conventional |
|
|---|
Mls Number: 9979539Water ViewWater View: Water |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 30, 2025 Source: TVRMLS #9979539 | Sold | $495,000 |
May 1, 2025 Source: TVRMLS #9979539 | Pending | $525,000 |
Apr 30, 2025 Source: TVRMLS #9979539 | Listed For Sale | $525,000 |
Nov 24, 2003 Source: N/A | Sold | $180,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,218 | $186,700 |
Home facts updated by county records
Market trends in Erwin
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
45
9MoM
Around this home
What Locals Say about Erwin
At least 29 Trulia users voted on each feature.
92 % Say parking is easy
86 % Say car is needed
86 % Say yards are well-kept
80 % Say there's holiday spirit
79 % Say it's dog friendly
71 % Say people would walk alone at night
66 % Say there's wildlife
65 % Say kids play outside
59 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
51 % Say it's quiet
46 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
38 % Say streets are well-lit
32 % Say there are sidewalks
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.
Frequently asked questions about 701 Bailey Ln
- What is 701 Bailey Ln estimated to be worth?Trulia's estimated value for 701 Bailey Ln in Erwin, TN is $497,400.
- What is the price history for 701 Bailey Ln?701 Bailey Ln in Erwin, TN last sold for $495,000 in June 2025.
- Is Erwin a buyer's or seller's market?Erwin is currently a balanced market, based on recent for-sale activity.
- What do residents say about Erwin?Residents describe Erwin, TN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Erwin, TN.
- Does 701 Bailey Ln have air conditioning?Yes, 701 Bailey Ln in Erwin, TN has air conditioning.
- How big is the lot at 701 Bailey Ln?The lot at 701 Bailey Ln in Erwin, TN is about 12.7 acres.

