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Greenback

Greenback

Located in Loudon County

$484,155 Average Value
$249 Average Price per Sq Ft
36 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. “And it’s so peaceful here. I can get out on my farm and not have anyone else around me."As the nearby city of Maryville expands, Greenback's rural setting is starting to see an influx of development. “For a long time, people felt like Greenback was too far outside the city,” says Chevy Emert, a Realtor with United Real Estate who has over 7 years in the area. “But it’s become a desirable location, convenient to Maryville and Tellico Lake while still being a country setting.”

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 farmland,” Emert says. “But you can also find established neighborhoods and plenty of new construction. We’re seeing many higher-end homes being built right now, and it’s partly because a lot of people are moving out here to retire.” Public sewer lines are being extended from Tellico Lake to the town of Greenback, increasing the possibility of more housing development. “Change is coming,” Tipton says. “There’s a new subdivision being built right down the road. Greenback is starting to grow 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 on a Friday night.”

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. “The diner is our favorite meeting spot,” Tipton says. “People come in to eat, of course, but also to talk and visit.” 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. “Sometimes people aren’t able to do the all exercises; they just 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 Terri Lawson, 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
$589,900
Median Sale Price
$520,000
Median Single Family Sale Price
$557,500
Median Change From 1st List Price
2%
Last 12 months Home Sales
121
Median Home Sale Price YoY Change
17%
Average Price Per Sq Ft
$249

Neighborhood Facts

Number of Homes for Sale
36
Months of Supply
3.60

Open Houses

  • Sunday, Jul 20
    2 - 4pm

    822 Marble Ln, Greenback, TN 37742

    $550,000

    • 3 Beds
    • 3 Baths
    • 2,540 Sq Ft
    • 822 Marble Ln
    • New 14 days ago

    If peace and quiet is what you are dreaming of- this one is for you! A Beautiful Log cabin, located on a Private 5.1 acre lot. As you enter the home you are greeted with a nice open living room with an abundance of natural light and an updated Kitchen. The finished basement is currently being used as Bedrooms 3 & 4 with a full bath, and laundry room. The Owners suite is on the upper level

    Mandy Street Realty Executives Associates

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  • Saturday, Jul 19
    1 - 4pm

    936 Herbert Dr, Greenback, TN 37742

    $674,900

    • 3 Beds
    • 2.5 Baths
    • 2,060 Sq Ft
    • 936 Herbert Dr
    • New 5 days ago

    PROFESSIONAL PICTURES TO COME! Welcome to this stunning, newly constructed home nestled in peaceful Greenback, TN! Situated on a spacious 0.75-acre lot, this beautiful residence features 3 bedrooms, 2.5 bathrooms, and offers 2,060 square feet of modern living with refined luxury touches throughout. The thoughtfully designed split-bedroom layout creates a comfortable and private space for

    Tammy Sullivan CENTURY 21 Legacy

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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