For sale

Price cut: $25K (8/25)

$375,000

700 Lake Forest Dr, Lenoir City, TN 37772

3beds

2,340sqft

$2,185/mo

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Single Family Residence

Built in 1971

0.36 Acres Lot

$-- Zestimate^®

$160/sqft

$-- HOA

What's special

Beautifully updated 3-bedroom, 2-bath basement ranch with deeded lake access ready for a boat dock to be built, community dock, and no HOA! Major upgrades include a new HVAC system, updated septic system, renovated walkout basement with moisture protection, plumbing for a future full bath, egress window, spiral staircase, new dishwasher and range, newer refrigerator, washer and dryer, plus updated fixtures and finishes throughout. Outside, enjoy a professionally terraced backyard featuring Versa-Lok retaining walls with geogrid, French drain, garden area, dog run, and peaceful wooded setting. Just a short walk to the community dock for boating, fishing, and kayaking.

28 days

2,104

134

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dishwasher, Range, Refrigerator, Self Cleaning Oven

Features

Breakfast Bar, Eat-in Kitchen
Flooring: Carpet, Hardwood, Tile
Basement: Bath/Stubbed
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,340
Total interior livable area: 2,340 sqft

Property

Parking

Parking features: Off Street, Main Level

Features

Exterior features: Dock
Has view: Yes
View description: Mountain(s), Trees/Woods
Has water view: Yes
Waterfront features: Lake/Water Access

Lot

Size: 0.36 Acres
Features: Wooded, Irregular Lot, Rolling Slope

Details

Additional structures: Storage
Parcel number: 022G A 013.00

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding, Block, Frame

Condition

Year built: 1971

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Lakeland Hills

Location

Region: Lenoir City

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $171,100
Annual tax amount: $756
Date on market: 7/31/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/25/2026	Price change	$375,000-6.3%$160/sqft
Source: East Tennessee Realtors #1349784 Report a problem
7/31/2026	Listed for sale	$400,000+63.3%$171/sqft
Source: East Tennessee Realtors #1349784 Report a problem
3/25/2021	Sold	$245,000-2%$105/sqft
Source: East Tennessee Realtors #1138325 Report a problem
2/16/2021	Pending sale	$250,000$107/sqft
Source: East Tennessee Realtors #1138325 Report a problem
1/10/2021	Price change	$250,000-3.8%$107/sqft
Source: Realty Executives Associates #1138325 Report a problem
12/16/2020	Listed for sale	$260,000+195.5%$111/sqft
Source: Realty Executives Associates #1138325 Report a problem
4/5/2004	Sold	$88,000-4.9%$38/sqft
Source: Public Record Report a problem
3/26/1996	Sold	$92,500+57.8%$40/sqft
Source: Public Record Report a problem
10/19/1995	Sold	$58,600$25/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$756	$42,775
2024	$756 +16.5%	$42,775
2023	$649	$42,775
2022	$649	$42,775
2021	--	$42,775 +83.4%
2020	$421	$23,325
2019	$421	$23,325
2018	$421 -0.1%	$23,325
2017	$421 +6.3%	$23,325 +9.5%
2016	$396 +0%	$21,300
2015	$396	$21,300
2014	$396	$21,300
2013	--	$21,300
2012	$423	$21,300 -9.9%
2011	$423 +12.6%	$23,650
2010	$375 +2.7%	$23,650 +2.7%
2009	$365 -17.3%	$23,025
2008	$442 +14.8%	$23,025 +10%
2007	$385 +1.9%	$20,925 +1.9%
2006	$378	$20,525
2005	$378 +3.4%	$20,525
2004	$365 +44.8%	$20,525 +44.8%
2003	$252	$14,175

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 37772

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

8/10
Highland Park Elementary School
Grades: PK-4Distance: 3.9 mi
7/10
North Middle School
Grades: 5-8Distance: 6.5 mi
5/10
Greenback School
Grades: PK-12Distance: 9.7 mi

Schools provided by the listing agent

Elementary: Highland Park
Middle: North
High: Lenoir City

Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.