340 Parsons Shores Drive, Sharps Chapel, TN 37866
- $1,275,000
- 2
- BD
- 2
- BA
- 2,658
- SqFt
- List Price
- $1,275,000
- Status
- ACTIVE
- MLS#
- 3184189
- Days on Market
- 135
- Bedrooms
- 2
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 2,658
- Lot Size
- 230,868
- Acres
- 5.30
- County
- Union County
Property 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.
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Additional Information
- Amenities Other
- Air Filter, Ceiling Fan(s), Entrance Foyer, High Ceilings, Hot Tub, Redecorated, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, High Speed Internet
- Basement Description
- Crawl Space
- Bedrooms Main
- 2
- Community Amenities
- Underground Utilities
- Construction Type
- Frame
- Cooling System
- Ceiling Fan(s), Central Air
- Elementary School
- Sharps Chapel Elementary
- Exterior Features
- Dock, Balcony, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s)
- Floor Types
- Wood, Tile
- Heating System
- Central
- High School
- Union County High School
- Interior Other
- Air Filter, Ceiling Fan(s), Entrance Foyer, High Ceilings, Hot Tub, Redecorated, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, High Speed Internet
- Junior High School
- H Maynard Middle School
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Living Area
- 2,658
- Lot Description
- Private, Rolling Slope, Views, Wooded
- Lot Number
- 9
- Number Of Fireplaces
- 1
- Number Of Stories
- 2
- Patio Deck
- Porch, Covered, Deck, Patio
- Roofing Material
- Shingle
- Sewer System
- Septic Tank
- Style
- A-Frame
- Subdivision
- Norris Shores / Tanglewood
- Subtype
- Single Family Residence
- Tax Amount
- $2,226
- Water Source
- Well
- Year Built
- 1997
- Style
- A-Frame
- Type
- Single Family Residential
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Listing courtesy of Benchmark Realty, LLC.
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.