$2,795,000 Price Analysis 878 Shanghai Landing LnLa Follette, TN 37766 4 bed 7 bath 5,480 SqFt ($510/SqFt) 1.52 acre lot. Built 2023 Listed 2023-12-05, HOA $42 | May be USDA loan restricted due to income limits near La Follette |
This rare property is situated in the gated community of Shanghai Landing and boasts 234 feet of lake frontage on a deep-water cove. Although the construction is still in progress, the home will be ready in time for the upcoming vacation and rental seasons. With 6 bedrooms, 5 full baths and 3 half baths, there is ample space for guests. As you step inside this magnificent home, you will be greeted by high ceilings, a fireplace and large windows overlooking the wooded property and lake. The main area comprises a tremendous room, dining space, kitchen and large kitchen island. You can also enjoy the serenity of the lake from the four-season room located outside the kitchen, complete with a gas fireplace. Step outside on the full-length covered deck, the outdoor entertainment area. T he upper-level features two master bedrooms, complete with full baths and walk-in closets.
The fully finished basement includes an exercise room with a wet bar, a fully wired media room, an activity room for the kids and a study for those who work from home. The downstairs also fatures four bedrooms and a bunk room, as well as a full-length deck to enjoy the stunning views of the lake. The property comes with an attached two-car garage, featuring metal ceilings and wall coverings, a storage area for lake toys, an ice maker and a mechanical room for heating and air. The laundry room comes with two washers, two dryers and a utility sink making cleaning an easy chore. The property also features a dock with two boat slips and a two-jet ski slot, with a concrete path leading down to the lake and the dock. This home has unlimited possibilities and is perfect for short-term rental or as a full-time residence. Some of the exciting features of this home include ten-foot ceilings, Trex decking, Anderson Windows, four sliding doors, a wet bar, an ice maker, granite counters, tile showers and tile floors in the bathrooms, mold-resistant sheetrock in the bathrooms and plenty of storage space. The property is updated weekly, so stay tuned for more exciting features.
Presented by Sarah West at
North Cumberland Realty, LLC.
Property MLS #1247390 from EastTennessee
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.