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Greenback

Greenback

Located in Loudon County

$488,214 Average Value
$250 Average Price per Sq Ft
30 Homes For Sale

Greenback has country living between Maryville and Tellico Lake

Greenback is known for its country feel and slow pace of life, halfway between Maryville and Tellico Lake. It has a small town center and a CAP Index Crime Score of 1 out of 10, lower than the national average of 4. “When people come to Greenback, they talk about how friendly everybody is,” says lifelong resident Sandra Tipton. To her, one of the best aspects of the area is how peaceful it is. “I can get out on my farm and not have anyone else around me," she says.

As the nearby city of Maryville expands, Greenback is starting to grow. “For a long time, people felt like Greenback was too far out there,” says Chevy Emert, a Realtor with United Real Estate who has over 7 years in the area. However, he says the area has increased in popularity. “I would say the most desirable thing about Greenback is just the location, because not only is it convenient to Maryville — although in a country setting — it's also convenient to Tellico Lake," he says.

Rural homes and growing new construction

The wide-open land in Greenback attracts homebuyers looking for space to spread out. “When you're driving through Greenback, you get a lot of pretty mountain views and you get a lot of farmland,” Emert says. In terms of houses, Emert says there's a mix of established neighborhoods and modern construction. "We’re definitely seeing a lot more higher-end homes being built right now, and I think one part of that is because a lot of people are moving out here to retire,” Emert says. Public sewer lines are being extended from Tellico Lake to the town of Greenback, increasing the possibility of more housing development. Tipton agrees that change is coming: “There’s a new subdivision being built right down the road," she says. "Greenback is growing like wildfire.”

Rustic ranch styles from the mid-1900s are the most affordable options, going for $200,000 to $300,000. Prices for newer homes or fresh renovations range from $325,000 to $550,000. Homebuyers with a $600,000 to $800,000 budget can afford private farmland estates or modern construction in lakeside communities like Foothills Pointe. There are also plenty of open plots of land left for development. Depending on size and location, land can cost anywhere from $35,000 to $350,000. Properties along Tellico Lake or close to the area's creeks may have a flooding risk and require additional insurance.

One public school for kids of all ages

Located within the town center, Greenback School is the area’s only public school. It serves kindergarten through 12th grade and receives a B grade from Niche. Greenback School's Future Farmers of America (FFA) club has received recognition on the state level, and the football team gets enthusiastic community support. “People love to support the Greenback Cherokees,” says Tipton. “That’s where everybody gets together.”

Tellico Lake recreation and a fall pumpkin patch

The homes along Tellico Lake typically have private docks, but those who live off the water can also enjoy lakeside spots for swimming, fishing, boating and camping. The Morganton landing is a popular public access point, with a boat launch and parking lot, acting as a trailhead for miles of hiking and equestrian trails. Further inland, Maple Lane Farm is a go-to spot for pumpkin picking and haunted hayrides in the fall.

Greenback is also known for a more unusual attraction — the Greenback Castle. This surreal structure was built by one man over decades, incorporating various building styles and religious iconography from multiple cultures. The public is welcome to tour for free, drawing visitors from across the state.

Farm produce and events in the small town of Greenback

The small town of Greenback is the heart of this area, anchored by a public library, a post office and a bank. The Depot Mercantile & Market has a farmers market on Tuesday mornings, and the Greenback Diner has been a staple of the community for over 100 years. “People just like come in to talk and visit,” says Tipton. "It's a good meeting place." Bluestem Hollow is a newer addition, showcasing organic farm produce at their coffee shop and market. A few miles outside of town, Rocky’s Place Ice Cream is a summer favorite, with a mini-golf course right next door.

The community pulls out lawn chairs for the Fourth of July fireworks and bundles up to watch the Christmas parade. Greenback Community Center also has weekly bingo nights, line dancing and exercise classes that bring locals together. “People come for the fellowship,” says Tipton, who has volunteered to lead a class there for over 40 years. The center also has a food pantry for residents in need.

City amenities in Maryville

Although Greenback has a few gas station convenience stores and a Dollar General, the closest grocery stores are in Maryville and Vonore. Vonore is about 10 miles southwest across the lake, and Maryville is 15 miles northeast. Maryville is a decently large city, with a major hospital, shopping mall and the regional McGhee Tyson Airport. Reaching downtown Knoxville is a 30-mile trip, usually around 45 minutes.

Interested in learning more about homes in this area? Reach out to Heather Wooten, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Greenback Housing Trends

Housing Trends

Median List Price
$565,000
Median Sale Price
$504,500
Median Single Family Sale Price
$540,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
128
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$250

Area Facts

Number of Homes in Neighborhood
1,712
Number of Homes for Sale
30
Median Year Built
1997
Months of Supply
2.80
Average Single Family Home Size Sq Ft
2,054
Above the national average
1,924
Median Lot Size Sq Ft
32,670

Open Houses

  • Saturday, Sep 13
    Open House 9/13

    7075 Sinking Creek Rd, Greenback, TN 37742

    $1,025,000

    • 5 Beds
    • 5 Baths
    • 4,270 Sq Ft
    • 7075 Sinking Creek Rd

    Welcome to a one-of-a-kind multigenerational property nestled in the breathtaking Smoky Mountain Foothills of East Tennessee. Step outside and take in the stunning mountain views that stretch across this 15-acre private retreat. Set back from the road, the home provides a level of privacy and seclusion that makes you feel a million miles away from it all—yet you're only 15 minutes to nearby

    Monica Stevens Wallace

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  • Saturday, Sep 13
    Open House 9/13

    2935 Glendale Community Rd, Greenback, TN 37742

    $729,900

    • 5 Beds
    • 4.5 Baths
    • 3,930 Sq Ft
    • 2935 Glendale Community Rd

    This One-of-a-Kind property might just be what you are looking for! Situated on just under 3 acres you can have the life you've always hoped for! There is a beautiful light filled custom home with large rooms and lower level apartment, a barn with a 4 car carport built into it (that you might be able to enclose), a separate detached apartment, and RV hook ups! On the main level of the home there

    Valerie Panarelli-Stone Franklin Realty

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  • Sunday, Sep 7
    Open Sun 2PM - 4PM

    5910 John Dr, Greenback, TN 37742

    $999,500

    • 4 Beds
    • 3.5 Baths
    • 3,439 Sq Ft
    • 5910 John Dr
    • New 11 days ago

    Welcome to 5910 John Drive, a true showpiece offering nearly 3,500 square feet of thoughtfully designed living space with breathtaking mountain views and luxury details throughout.From the moment you arrive, this home makes a statement. The exterior is wrapped in hardie siding, accented with custom-built timber awnings, professional landscaping, and permanent trim lighting that allows you

    Mandy Hembree Realty Executives Associates

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
52''
Average Winter Low Temperature
31°F
Average Summer High Temperature
88°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®®

10 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Greenback