118 Melbourne Rd Oak Ridge, TN 37830
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,890 sqft
Price per Sqft $165
Subdivision Oakcliff
MLS Listing ID 1324712
Style Traditional
Bedrooms 5
Full Baths 4
Half Baths 1
Year Built 1990
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
income potential -- just ~12 minutes from ORNL.
Spacious 3,890 sq ft home on a quiet cul-de-sac in one of Oak Ridge's most desirable,
established neighborhoods.
The home features a brand-new roof (September 2025) with lifetime architectural shingles,
along with hardwood floors, granite flooring in the foyer, many replaced windows, and a major
renovation completed in 2009.
The main floor includes a living room with fireplace, dining area, kitchen, and a convenient half
bath.
The upper level offers four large bedrooms and three full bathrooms.
A fourth level provides an extra-large playroom or open office space, ideal for remote work,
creative use, or a private retreat.
The lower level includes a finished living area with a full bathroom, utility room, and two
bedrooms.
Across the home, all bedrooms are comfortably sized and fully usable. The smallest bedroom
exceeds 10 × 10, while several rooms approach or exceed ~250 sq ft (see floor plans), allowing
space for full bedroom sets, dedicated work areas, and hobbies without compromise.
Separate income/guest opportunity: the lower-level layout allows for a potential 2-bedroom
executive-style suite with private living space. It benefits from a separate entrance and
enhanced sound separation from the main living areas. Given the home's proximity to ORNL,
the space is well positioned for short- or mid-term rental use, with typical Oak Ridge demand
supporting approximately $1,500-$2,500/month at moderate (~50%) occupancy, depending
on furnishing and management.
Additional features include covered decks on both main and lower levels, a 2-car attached
garage, and a quiet, low-traffic setting.
Location:
- ORNL: ~12 minutes
- Schools, Oak Ridge Mall, and restaurants: ~5-10 minutes
Homes of similar size in Oak Ridge can approach $700K-$800K+ when fully modernized,
making this a compelling opportunity to realize long-term value. Seller is offering a $15,000
credit at closing, which can be used toward interest rate reduction, closing costs, or to
preserve buyer funds for upgrades, furnishings, or other priorities.
Location
State TN
County Anderson County - 30
Area 0.38
Rooms
Basement Finished
Interior
Interior Features Walk-In Closet(s)
Heating Central, Electric
Cooling Central Cooling
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Window Features Windows - Insulated
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Heat Source Central, Electric
Exterior
Exterior Feature Windows - Insulated
Garage Spaces 2.0
Total Parking Spaces 2
Garage Yes
Building
Lot Description Other
Faces Oak Ridge Turnpike towards Kingston turn right on to Montana and left onto W Melbourne.
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick
Others
Restrictions No
Tax ID 104K A 026.00
Energy Description Electric
GET MORE INFORMATION