340 Parsons Shores Dr, Sharps Chapel, TN 37866

Property Description

5+ ACRE NORRIS LAKEFRONT HOME | STUNNING VIEWS | NO HOA | PRIVATE DOCK W/ BOAT LIFT | 3-BEDROOM CONFIGURATION | 80K STR & EXPANSION POTENTIAL — Immediately adjacent to sought-after Norris Shores, this 5.3-acre property offers privacy, flexibility & investment potential, with the same large-acreage character of the surrounding area — but without an HOA. A scenic ¾-mile road ends in a quiet cul-de-sac surrounded by large-acreage homes. Approx 150 ft of year-round water dock access / frontage with gentle slope / stairs to lake, panoramic undeveloped views, features a private transferable dock with boat lift, boat canopy, sundeck & jet ski port (permit for 2nd), plus expansive views of never to be developed Island F. Functioning as a 3-bedroom, the 2,658 sq ft A-Frame offers a spacious primary on the second floor with on-suite bath. Turn key, designer finishes, updated with refinished cherry hardwoods, fresh interior/exterior paint & a dramatic 2-story stone gas fireplace. A cleared secondary build site with its own 2nd installed permitted septic tank/field & gated gravel drive offers flexibility for a guest home, additional rental, boat storage, future compound, or subdivision for an additional residence. Multiple outdoor living areas include an expansive three side wraparound deck, upper hot tub deck, lakefront deck & stone fire pit area. With no HOA & no rental restrictions, the property functions as a private retreat, full-time residence or income-producing STR w/proven $80K+/yr potential. Rental Pro-Forma available. Offered fully furnished / turnkey for continued STR rental use. Established STR brand & marketing available.