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
2 Beds
2 Baths
2,658 SqFt
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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 | 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.

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


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Leigh Ann Parkinson

Leigh Ann Parkinson

+1(615) 952-1188

REALTOR® Agent ABR® SRS® License ID: 357037

REALTOR® Agent ABR® SRS® License ID: 357037

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