5506 Old Walland Hwy
About This Property
Nestled on 2+ private acres in the scenic foothills of the Smoky Mountains, this beautifully renovated 4-bedroom, 3-bath home offers the perfect blend of luxury, comfort, and outdoor living.
From the moment you arrive, you'll be captivated by the home's incredible curb appeal, expansive wraparound covered porch, and peaceful wooded surroundings. Inside, you'll find spacious living areas highlighted by a dramatic floor-to-ceiling stone fireplace, designer finishes, luxury flooring, and an abundance of natural light.
The chef-inspired kitchen is a showstopper, featuring custom solid wood cabinetry, quartz countertops, an oversized center island, stainless steel appliances, designer lighting, and exceptional storage--perfect for everyday living and entertaining alike.
The luxurious primary suite offers a true spa experience with a custom walk-in closet, double vanity, elegant fixtures, and a beautifully tiled walk-in shower.
Step outside and enjoy your own private resort featuring:
Resort-style in-ground swimming pool
Beautiful pool house
Custom stone fire pit with seating area
Expansive wraparound covered porch with rich wood ceilings
Upper-level covered balcony overlooking the property
Charming gazebo tucked among mature trees
Professionally landscaped grounds
Black ornamental aluminum fencing
Spacious level yard surrounded by mature hardwoods
Need room for hobbies, vehicles, or toys? The oversized detached garage/workshop offers concrete floors, oversized garage doors, built-in workbenches, excellent lighting, and plenty of space for equipment, woodworking, or additional storage.
Additional Features
4 Bedrooms
3 Full Bathrooms
2+ Acres
Fully renovated throughout
Massive stone fireplace
Designer bathrooms
Custom cabinetry
Quartz countertops
Luxury lighting package
Walk-in closets
Oversized garage/workshop
Pool house
Fire pit entertaining area
Gazebo
Beautiful mountain setting
Privacy with convenient access to Maryville, Townsend, and the Great Smoky Mountains National Park
This exceptional Walland property delivers luxury, privacy, and resort-style amenities--making every day feel like a vacation.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2026 | In contract | - | |
| In contract | |||
| Oct 4, 2026 | Price Increased |
$649,900
↑ $25K
(4%) | |
| Price Increased | |||
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | Listed by Powell Auction & Realty,LLC | $669,900 | |
| Listed by Powell Auction & Realty,LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017