340 Parsons Shores Drive, Sharps Chapel, TN 37866
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340 Parsons Shores Drive, Sharps Chapel, TN 37866
340 Parsons Shores Drive, Sharps Chapel, TN 37866
340 Parsons Shores Drive, Sharps Chapel, TN 37866
340 Parsons Shores Drive, Sharps Chapel, TN 37866
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Listed by James Daley • Benchmark Realty, LLC
$ 1,275,000
Est. payment /mo
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340 Parsons Shores Drive Sharps Chapel, TN 37866

2 Beds

2 Baths

2,658 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,658 sqft

Price per Sqft $479

Subdivision Norris Shores / Tanglewood

MLS Listing ID 3184189

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1997

Annual Tax Amount $2,226

Lot Size 5.300 Acres

Acres 5.3

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TN

County Union County

Rooms

Main Level Bedrooms 2

Interior

Interior Features Air Filter, Ceiling Fan(s), Entrance Foyer, High Ceilings, Hot Tub, Redecorated, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, High Speed Internet

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Wood, Tile

Fireplaces Number 1

Fireplace Y

Appliance Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Purifier

Exterior

Exterior Feature Dock, Balcony, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s)

Amenities Available Underground Utilities

View Y/N true

View Lake, Mountain(s), River, Water

Roof Type Shingle

Private Pool false

Building

Lot Description Private, Rolling Slope, Views, Wooded

Story 2

Sewer Septic Tank

Water Well

Structure Type Frame

New Construction false

Schools

Elementary Schools Sharps Chapel Elementary

Middle Schools H Maynard Middle School

High Schools Union County High School

Others

Senior Community false

Special Listing Condition Owner Agent


RealTracs IDX

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340 Parsons Shores Drive