Luis Diaz
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118 W Melbourne Rd, Oak Ridge, TN 37830

$645,000
  • 118 W Melbourne Rd, Oak Ridge, TN 37830 Main Photo

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Active Price Reduced by $5,000 on April 29th, 2026
BEDS6 BATHS4 full 1 partial SQUARE FEET3,890 MLS#1324712
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONOakcliff NEIGHBORHOODAnderson County - 30

Property Description

Nearly 4,000 sq ft of flexible living space with a private lower-level suite and strongincome 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 majorrenovation completed in 2009.The main floor includes a living room with fireplace, dining area, kitchen, and a convenient halfbath.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 twobedrooms.Across the home, all bedrooms are comfortably sized and fully usable. The smallest bedroomexceeds 10 ?? 10, while several rooms approach or exceed ~250 sq ft (see floor plans), allowingspace for full bedroom sets, dedicated work areas, and hobbies without compromise.Separate income/guest opportunity: the lower-level layout allows for a potential 2-bedroomexecutive-style suite with private living space. It benefits from a separate entrance andenhanced 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 demandsupporting approximately $1,500-$2,500/month at moderate (~50%) occupancy, dependingon furnishing and management.Additional features include covered decks on both main and lower levels, a 2-car attachedgarage, and a quiet, low-traffic setting.Location:- ORNL: ~12 minutes- Schools, Oak Ridge Mall, and restaurants: ~5-10 minutesHomes 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 $15,000credit at closing, which can be used toward interest rate reduction, closing costs, or topreserve buyer funds for upgrades, furnishings, or other priorities.

118 W Melbourne Rd | MLS# 1324712

This single family home located at 118 W Melbourne Rd, Oak Ridge, TN 37830 is currently listed for sale with an asking price of $645,000. This property was built in 1990 and has 6 bedrooms and 4 full and 1 partial baths with 3890 sq. ft. W Melbourne Rd is located in the Oakcliff subdivision. Search Oakcliff real estate on luisdiaz.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling
Fireplaces: 1
Fuel Type: Electric
Garage: 2
Heating: Central, Electric
Home Style: Traditional
Lot Size: 0.38 Acres
Year Built: 1990

Amenities

Walk-In Closet(s)

Feature Descriptions

Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Days on Site: 131
Exterior: Brick
Fireplace: Wood Burning
Flooring: Hardwood
Lot: Other
Parcel #: 104K A 026.00
Sewer: Public Sewer
SQFT Total: 3890
Water: Public

Listed By / Shown By

Listed By

Agency Name: Redfin

Shown By

Agent Name: Luis Diaz
Agent Phone: (714) 657-6982
Agency Title: Crye-Leike Real Estate Services

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Source: East Tennessee REALTORS

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Estimated Payment

$ 1,623.62 per month $1,435.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $188.13 Homeowner's Insurance

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