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$1,275,000

For Sale

13 days ago

340 Dr, Sharps Chapel, TN

House

MLS® 3184189

2 Bed

2 Bath

2658 sqft

5 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2658 sqft
Garage 
Taxes $2,226
Days Active 12
Lot Size 
Approx. Age 1997
Avg. Price Per Sqft $479
MLS® Number 3184189

Property Address: 340 Parsons Shores Drive, Sharps Chapel, TN, 37866

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number3184189
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1997
BasementCrawl Space
DrivewayConcrete, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Master Bathroom:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$1,275,000List Price
  • Commute

Commute

Starting Address
Destination Address
340 Dr, Sharps Chapel, TN

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