$1,275,000

Single Family Residence In Sharps Chapel

  • 2 Beds
  • 2 Baths
  • 2,658 Sqft
  • 5.3 Ac lot
  • Updated: May 4
  • Source:
    Realtracs  MLS#3184189

About the Property

5+ PRIVATE ACRES on NORRIS LAKE with NO HOA, PRIVATE DOCK, STRONG STR & EXPANSION POTENTIAL — offering lake living without limits. Located adjacent to one of the lake’s most sought-after communities, this 5.3-acre property delivers exceptional privacy, flexibility & long-term investment upside. Accessed via a scenic ¾-mile road ending in a cul-de-sac, the setting is quiet and low-traffic,
5+ PRIVATE ACRES on NORRIS LAKE with NO HOA, PRIVATE DOCK, STRONG STR & EXPANSION POTENTIAL — offering lake living without limits. Located adjacent to one of the lake’s most sought-after communities, this 5.3-acre property delivers exceptional privacy, flexibility & long-term investment upside. Accessed via a scenic ¾-mile road ending in a cul-de-sac, the setting is quiet and low-traffic, surrounded by large-acreage homes. The property includes approximately 150 ft of year-round water frontage with a private transferable dock featuring boat lift, canopy, sundeck & jet ski port (permit for 2nd), along with expansive undeveloped views of Island F. The 2,658 sq ft A-frame offers 2BR/2BA plus a spacious loft suite with en-suite bath, functioning as a primary 3rd bedroom. The home is currently furnished to comfortably accommodates up to 8 guests. Renovated in 2023 with refinished cherry hardwoods, fresh interior/exterior paint & a dramatic 2-story stone fireplace with 2024 remote-start gas logs. A cleared secondary build site with its own septic system & gated gravel drive provides rare expansion potential for a guest home or future compound. Outdoor living features multiple entertaining areas including a wraparound deck, hot tub deck & lakefront fire pit gathering space. With no HOA & no rental restrictions, the property functions equally well as a private retreat, full-time residence, or income-producing short-term rental with approximately $80K+/year potential. Offered furnished with STR branding & marketing assets available for transfer, presenting a rare opportunity to own acreage, privacy & income potential in one of East Tennessee’s most desirable Norris Lake settings.
  • Property type

    House

  • Floors

    2

  • Year built

    1997

  • Price/sqft

    $479

Features

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Outdoor

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340 Parsons Shores Drive, Sharps Chapel, Tennessee, United States View on Google Maps
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Benchmark Realty, LLC - Nashville

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Benchmark Realty, LLC - Nashville
Tennessee, United States
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140
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2025
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Benchmark Realty, LLC - Nashville
Nashville, Tennessee, United States
View agency profile
Last updated
May 4
First listed
May 4
Listing reference
3184189
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