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For sale
  • Price cut: $40K (7/21)
    $919,000

    186 Shetland Rd, La Follette, TN 37766

    5beds
    6,200sqft
    : 
    $5,249/mo
    Get pre-qualified
    Single Family Residence
    Built in 1965
    6.95 Acres Lot
    $-- Zestimate®
    $148/sqft
    $-- HOA

    What's special

    Situated on 6.95 acres of level, cleared, and unrestricted land, this rare East Tennessee estate offers a combination that's nearly impossible to find--space, versatility, and opportunity. Welcome to a 6,200 square foot home built for both everyday living and large-scale entertaining. Inside, you'll find timeless character with hardwood floors, a stone-tiled foyer, and multiple living spaces including a formal living room, formal dining room with wet bar, and a warm, inviting family room anchored by a fireplace. The kitchen flows seamlessly into the main living area. From the family room step outside on to one of several patios--perfect for hosting, relaxing, and enjoying the best of East Tennessee's seasons. The main level features a spacious primary suite, along with three additional bedrooms and two full bathrooms--ideal for comfortable, one-level living. Downstairs, the home truly expands its possibilities with a fully equipped second living space, complete with a full kitchen, open entertaining area, stone fireplace, wet bar, and a bonus room with ensuite bath and walk-in closet. Whether you're hosting guests, creating a multi-generational configuration, cultivating a rental space, or designing the ultimate entertainment zone--this level delivers. A former gym space opens directly to a beautiful brick patio, adding even more indoor/outdoor flexibility. The functionality continues with an oversized laundry room designed for real life--plenty of room to wash, dry, fold, and store with ease. Outside, the property only gets better: Detached garage with a 1-bedroom apartment above -- perfect for guests, rental income, or a private office. Public sewer access at the road -- a major advantage for future expansion or development. Unrestricted land -- bring your vision to life without limitations. Located 20 minutes from Sugar Hollow and Shanghai Marinas on Norris Lake. Whether you're dreaming of a private estate, horse property, mini-farm, multi-family compound, or a development opportunity, this property checks every box. Opportunities like this don't come around often in East Tennessee. Taxes are TBD since property has been surveyed. Please Note: an additional 2 acres and oversized (approx 40' x 40') outbuilding are also available for sale. Enquire for details. 📲 Schedule your private showing today or reach out directly to learn more about the potential this property offers.
    109 days
    |
    387
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Al Brown 865-212-0055,

    SCH Real Estate, Realty Executives 865-393-9336

    Source: East Tennessee Realtors,MLS#: 1339209MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Heat Pump, Propane, Natural Gas, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Pantry, Eat-in Kitchen, Bonus Room
      • Flooring: Carpet, Hardwood, Tile, Slate
      • Windows: Wood Frames
      • Basement: Walk-Out Access,Finished,Slab
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning, Other
      Interior area
      • Total structure area: 6,200
      • Total interior livable area: 6,200 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Detached, Other
      • Garage spaces: 2
      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 6.95 Acres
      • Features: Level
      Details
      • Additional structures: Workshop
      • Parcel number: 076 035.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • Year built: 1965

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Security: Security System
      Location
      • Region: La Follette

      Financial & listing details

      • Price per square foot: $148/sqft
      • Tax assessed value: $658,200
      • Annual tax amount: $2,000
      • Date on market: 5/1/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$919,000-4.2%$148/sqft
        Source: East Tennessee Realtors #1339209 Report a problem
        7/1/2026Price change$959,000-1.1%$155/sqft
        Source: East Tennessee Realtors #1339209 Report a problem
        6/27/2026Price change$970,000-1.5%$156/sqft
        Source: East Tennessee Realtors #1339209 Report a problem
        5/1/2026Listed for sale$985,000+27.9%$159/sqft
        Source: East Tennessee Realtors #1339209 Report a problem
        8/1/2025Sold$770,000+151.3%$124/sqft
        Source: Public Record Report a problem
        6/20/2025Sold$306,350+11.4%$49/sqft
        Source: Public Record Report a problem
        8/1/2011Sold$275,000$44/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,000 -13.6%$164,550 -13.6%
        2024$2,315 +21.4%$190,450 +106.3%
        2023$1,907 $92,300
        2022$1,907 $92,300
        2021$1,907 $92,300
        2020$1,907 $92,300
        2019$1,907 -7.4%$92,300 +0.8%
        2018$2,059 +0.7%$91,525 +0.7%
        2017$2,045 -34.7%$90,900
        2016$3,134 +84.6%$90,900 +6.6%
        2015$1,697 $85,300
        2014$1,697 $85,300
        2013-- $85,300 -2.6%
        2011$1,541 $87,575
        2010$1,541 +8.6%$87,575 +23.4%
        2008$1,419 $70,950
        2007$1,419 $70,950
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Fincastle

        Getting around

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