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Residential Land with Home for Sale in Palmer, Tennessee

271 Anderson Rd, Palmer, TN 37365

$369,000
5.64 acres
Active
$18k drop
Est $1,923/mo

An opportunity, the likes of which you won't see very often, at a New Price! This beautiful, secluded, brick, basement rancher has the bones, you provide the imagination & finishing touches! The views are so beautiful from this home in the center of this 5.6 acre location, overlooking gorgeous Mennonite farmland, and a mile or so from Savage Gulf Park East Entrance, where you can hike to waterfalls a short distance from this property. Your neighbors are primarily Mennonite farmers with only one other home located on Anderson Road, but you really can't see it from the house. Made handicap accessible for the past owners. This once loved home with an unused well and public water, needs updates and some work on the basement, however, the house has a brand new shingle roof and the sellers offer a $1000 water heater stipend. Where else would you find a sunken living room these days? Very unique! A possible FHA/repair loan might be an option, and the sellers are willing to work with buyers to facilitate the required repairs, if necessary. The possibilities are endless with this sprawling main level rear entrance home. It boasts a huge separate dining room and a glassed-in sunroom just off the open kitchen, which has enough room for a huge island to be added, if you want. The established yard with it's big shade trees and flower beds full of perennial flowers is a huge plus. There are many pluses to discover on this property without a doubt, just being so near Dunlap and McMinnville, Fall Creek Falls or Rock Island, but also being on the gorgeous highly sought after Cumberland Plateau with it's summer breezes makes this a must see. Make your appointment to view it today! (Prequalification letter required to view, please). Call listing agent for assistance with getting prequalified, or for an appointment now or you'll kick yourself for missing out on this perfect business or home flip opportunity! Salvage Gulf owns the land behind. Not on Broker Bay Call listing agent!

3,132
Sq feet
3
Beds
2
Full baths
1986
Built

Location

Street address
271 Anderson Rd
Elevation
1,982 feet
Coordinates
35.4295, -85.5628

Directions

From Hwy 111 to 399 towards Grundy Co. pass Savage Gulf Park and turn right onto Stage Coach Road then right onto Anderson Road. Home on the left. SOP

Property details

Acreage
5.64 acres
MLS #
CAR 1514806
Posted

Property taxes

Recent
$1,380 - 039 016.08

Parcels

  • 039 016.08

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway, Garage, Off Street, Underground/Basement
Features
Rain Gutters

Structure

Style
Ranch
Stories
1
Basement
Unfinished
Water
Public
Sewer
Septic Tank
Heating
Electric
Cooling
Central Air
Materials
Brick, Frame, Vinyl Siding

Interior

Room Count
8
Rooms
Basement, Bathroom x 2, Bedroom x 3
Appliances
Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Free-Standing Electric Range, Range Hood, Refrigerator
Accessibility
Accessible Approach With Ramp

Nearby schools

NameLevelDistrictDescription
Swiss Memorial ElementaryElementary
Grundy County MiddleMiddle
Grundy County HighHigh

Listing history

DateEventPriceChangeSource
Aug 3, 2025Price drop$369,000$18,000 -4.7%CAR
June 15, 2025New listing$387,000CAR
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This 5.64-acre property is located at 271 Anderson Rd in Palmer, TN 37365. The property is available for sale for $369,000. It has a 3,132 sq ft 3 bedroom, 2 bath house built in 1986.

Checked 25 mins ago — Updated

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