$1,275,000
5+ PRIVATE ACRES on NORRIS LAKE | NO HOA | PRIVATE DOCK | 3-BEDROOM CONFIGURATION | SLEEPS 8 | 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. Rental Pro-Forma available. 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.
2
Beds
⋅
2
Baths
⋅
3184189
MLS
⋅
ACTIVE
Status
⋅
5.3
Acres
⋅
37866
Zip Code
340 Parsons Shores Drive, Sharps Chapel
