Refine Search
Sort by
340 Parsons Shores Drive, Sharps Chapel
$1,250,000
2 Beds ⋅ 2 Baths ⋅ 3184189 MLS ⋅ ACTIVE Status ⋅ 5.3 Acres ⋅ 37866 Zip Code
PRICE IMPROVEMENT — $1,250,000 | BREATHTAKING LAKEFRONT HOME | 5+ PRIVATE ACRES on NORRIS LAKE | NO HOA | PRIVATE DOCK | 3-BEDROOM CONFIGURATION | SLEEPS 8 | 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 frontage features a private transferable dock with boat lift, canopy, sundeck & jet ski port (permit for 2nd), plus expansive views of Island F. Functioning as a 3-bedroom, the 2,658 sq ft A-frame offers 2BR/2BA plus a spacious loft suite with en-suite bath, currently configured as a primary 3rd bedroom, and comfortably sleeps 8. 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 permitted septic system & gated gravel drive offers flexibility for a guest home, future compound or additional residence. The configuration creates a shared-purchase opportunity for family, friends or investment partners. At $1.25M, two parties could acquire the property at approximately $625,000 per party, with potential to create a shared lake compound. Comparable 5-acre waterfront building sites in the area have commanded approximately $300,000–$325,000 before a home and improvements. Multiple outdoor living areas include a wraparound deck, hot tub deck & lakefront deck & fire pit area. With no HOA & no rental restrictions, the property functions as a private retreat, full-time residence or income-producing STR w/ approximately $80K+/yr potential. Rental Pro-Forma available. Offered fully furnished / turnkey for continued STR rental use. Established STR brand & marketing available.

340 Parsons Shores Drive, Sharps Chapel

164 Green Lane, Sharps Chapel
$365,000
4 Beds ⋅ 2 Baths ⋅ 3149204 MLS ⋅ ACTIVE Status ⋅ 4.97 Acres ⋅ 37866 Zip Code
Escape to the peace and beauty of East Tennessee with this beautifully renovated 4-bedroom, 2-bath home offering approximately 2,200 sq. ft. of living space on 5 picturesque acres. This renovated manufactured home with charming half-log siding combines rustic appeal with modern upgrades, creating the perfect blend of comfort and country living. The home has been completely renovated within the last five years, offering true move-in-ready convenience. Updates include new flooring throughout, new windows, new HVAC system, new water heater, new metal roof, fully renovated bathrooms, and an updated kitchen designed for both everyday living and entertaining. Inside, you'll find a spacious layout with four bedrooms and two updated bathrooms, providing plenty of room for family and guests. The home also features a full unfinished basement with impressive 9-foot ceilings, offering incredible potential for additional living space, storage, or a workshop. Step outside and enjoy the peaceful setting from the large wrap-around deck with beautiful countryside views. The property also includes a fenced yard, perfect for pets, children, or added privacy while enjoying the outdoors. This property is ideal for those needing space for hobbies, equipment, or business use with two large outbuildings, including a 40x50 building and a 30x30 pole barn, offering excellent flexibility for storage, workshops, or agricultural needs. Located less than 5 minutes from Norris Lake, you'll enjoy quick access to boating, fishing, and outdoor recreation while still having the privacy of your own acreage. Property Highlights: Renovated Manufactured Home with Half-Log Siding 4 Bedrooms | 2 Bathrooms Approx. 2,200 Sq Ft 5 Acres of Beautiful Land Fenced Yard Full Unfinished Basement with 9 Ft Ceilings Renovated Within the Last 5 Years New Flooring, Windows, HVAC, Water Heater & Metal Roof Updated Kitchen & Bathrooms Large Wrap-Around Deck with Scenic Views

164 Green Lane, Sharps Chapel

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.