Recently Listed Open House 10/18 11am - 1pm
517 Balsam Drive
Knoxville, TN, 37918 $ 469,900
Bedrooms4 Baths2.0 Sq 2,572 Monthly Estimate*
$ 3,245
for $469,900 with 4 bedrooms and 2 full baths. This 2,572 square foot home was built in 1935 on a lot size of 0.32.
Historic charm meets thoughtful modern updates at 517 Balsam Dr, a beautifully maintained 4-bedroom, 2-bathroom home offering 2,572 square feet of living space on a rare double lot in the heart of North Knoxville. With the character and craftsmanship of a historic home paired with meaningful modern improvements, this property offers a special combination of charm, functionality, and space. Inside, the home has a layout that feels both classic and connected, with distinct living, dining, and kitchen spaces that flow naturally together. The designated dining room adds a sense of occasion for everyday meals or entertaining, while the spacious living room provides a comfortable gathering space anchored by a stunning $3,000 custom-built entertainment center. Fresh paint throughout and newer Samsung appliances add modern convenience, while original character is complemented by thoughtful improvements, including custom-made doors installed in 2022 that replaced all exterior doors and the majority of interior doors while preserving four original doors that add to the home's historic feel. One of the upstairs bedrooms even has a little magic of its own, with a custom sliding bookshelf serving as the door. The outdoor spaces are just as special. A professionally paved driveway leads to the home and its detached one-car garage, while extensive landscaping and hardscaping add to the impressive curb appeal. The front porch features a beautiful Trex renovation, while a separate covered porch wraps around the side to the back of the home, creating another inviting place to enjoy the outdoors. The large, fully fenced backyard offers room to garden, entertain, relax, and let pets roam, with a custom pergola and patio creating a natural setting for outdoor entertaining. A dedicated fenced garden area includes multiple raised beds, and the double lot provides an uncommon amount of space for a home in this location. Located in the Fountain City area of North Knoxville, 517 Balsam is close to the Broadway corridor, Fountain City amenities and parks, and the local restaurants and businesses that make this part of Knoxville so appealing. Downtown Knoxville and the Old City are also a short drive away, giving you easy access to dining, entertainment, and shopping while still enjoying the space and character of a historic North Knoxville home. If you've been looking for a home with genuine historic character, modern upgrades, a large lot, and outdoor spaces designed for enjoying life, 517 Balsam Dr is a rare find.
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Open House
10/18/2026 11:00 AM - 1:00 PM
517 Balsam Drive Knoxville, TN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Central Natural Gas Electric
Cooling Central Cooling Ceiling Fan(s) Window Unit(s)
Appliances Dishwasher Microwave Range Refrigerator
Garage Spaces 1
Architectural Style Craftsman
Construction Materials Vinyl Siding Frame
Year Built 1935
Property Subtype Single Family Residence
County Knox County - 1
Property Type Single Family
Attached Garage false
Subdivision Name Fountain City Co
Total Rooms 7
Full Baths 2
Status Active
Directions From I-640: Take Exit 6 for Broadway Ave/US-441 N. Continue north on Broadway approximately 4.5 miles then turn left onto Cedar Lane. Continue on Cedar Lane then turn right onto Kingwood Rd. Turn left onto Balsam Dr. Follow Balsam Dr. to 517 Balsam Dr.
High School Central
City Knoxville
MLS Area Knox County - 1
Lot Size Units Acres
Lot Size Square Feet 13939.2
Elementary School Fountain City
Property Attached Y/N false
Middle/Junior High School Gresham
MLS Area Minor Knox County - 1
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
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InteriorInterior Amenities Kitchen Island Pantry
Basement Unfinished
Flooring Laminate Hardwood Vinyl
Total Fireplaces 2
Fireplace Features Other
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Total Bedrooms 4
Total Baths 2
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ExteriorExterior Amenities Prof Landscaped
Parking Features Off-Street Parking Designated Parking Detached
Lot Features Level
Water Source Public
Lot Size Area 0.32
Building Area Total 2572
Lot Size Acres 0.32
Lot Size Source Tax Records
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* Excluded FeaturesList ByCourtney WintersListing Agent
Knox Native Real EstateBroker
courtney@knoxnativehomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,245
- Monthly Property Taxes
- $182
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Knoxville, TN
Average List Price $592,003
Percent of Sale Price 26%
About Knoxville, TN 192,776 Population
8% Since 2002
$ 37,359 Median Income
35.08 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4771106 Elementary School
4508342 Middle School
Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $469,900 | | Listed Price |