$1,275,000 - 340 Parsons Shores Drive, Sharps Chapel
- 2
- Bedrooms
- 2
- Baths
- 2,658
- SQ. Feet
- 5.3
- Acres
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.
Essential Information
-
- MLS® #:
- 3184189
-
- Price:
- $1,275,000
-
- Bedrooms:
- 2
-
- Bathrooms:
- 2.00
-
- Full Baths:
- 2
-
- Square Footage:
- 2,658
-
- Acres:
- 5.30
-
- Year Built:
- 1997
-
- Type:
- Residential
-
- Sub-Type:
- Single Family Residence
-
- Style:
- A-Frame
-
- Status:
- Active
Community Information
-
- Address:
- 340 Parsons Shores Drive
-
- Subdivision:
- Norris Shores / Tanglewood
-
- City:
- Sharps Chapel
-
- County:
- Union County, TN
-
- State:
- TN
-
- Zip Code:
- 37866
Amenities
-
- Amenities:
- Underground Utilities
-
- Parking Spaces:
- 5
-
- Garages:
- Concrete, Driveway
-
- View:
- Lake, Mountain(s), River, Water
-
- Is Waterfront:
- Yes
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
-
- Appliances:
- Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Purifier
-
- Heating:
- Central
-
- Cooling:
- Ceiling Fan(s), Central Air
-
- Fireplace:
- Yes
-
- # of Fireplaces:
- 1
-
- # of Stories:
- 2
Exterior
-
- Exterior Features:
- Dock, Balcony, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s)
-
- Lot Description:
- Private, Rolling Slope, Views, Wooded
-
- Roof:
- Shingle
-
- Construction:
- Frame
School Information
-
- Elementary:
- Sharps Chapel Elementary
-
- Middle:
- H Maynard Middle School
-
- High:
- Union County High School
Additional Information
-
- Date Listed:
- April 29th, 2026
-
- Days on Market:
- 10
Listing Details
- Listing Office:
- Benchmark Realty, Llc
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