Stay tuned for more...
USDAProperties.com is preparing the eligibility details...

 

 

 

$2,795,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
878 Shanghai Landing Ln
La 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

There is a stunning new home available for purchase on Norris Lake.

* Has Contingent Offer *

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.
Listing Agent Photo

Property MLS #1247390 from EastTennessee

Bedrooms: 4

Total Rooms: 23
Basement Features: Finished, Walkout
Basement Description: Finished, Walkout
Extra Room-1 Description: Yes

Total Bathrooms: 7
Full Bathrooms: 4
1/2 Bathrooms: 3

Cathedral Ceiling(s)
Island in Kitchen
Pantry
Walk-In Closet(s)
Wet Bar
Eat-in Kitchen
Flooring: Laminate, Tile

Dishwasher
Smoke Detector
Refrigerator
Microwave

Cooling Features: Central Cooling, Ceiling Fan(s)
Fireplace Features: Gas Log
Heating Features: Central, Electric
Heating: Yes
Number of Fireplaces: 2

Porch - Covered
Deck
Frontage Type: Lakefront

Lot Description: Cul-De-Sac, Waterfront Access, Lakefront, Lake Access, Wooded
Lot Size Acres: 1.52
Lot Size Source: Tax Records
Lot Size Square Feet: 66211

Garage Spaces: 2
Parking Features: Garage Door Opener

View: Country Setting, Wooded
Security Features: Gated Community

Association: Yes
Association Fee: 500
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 42

Annual Tax Amount: 309.89
Source Listing Status: Pending
County: Campbell County - 37
Directions: Hwy 63 to Hunters Branch, left on Demory Road, left on Shanghai Landing Rd. House is the right at the end of the Road.
Disclaimer: No
Source Property Type: Single Family
Area: Campbell County - 37
MLS Area Minor: Campbell County - 37
Source Neighborhood: The Point At Shanghai
Parcel Number: 113 b A 048.00
Subdivision: The Point At Shanghai
Property Subtype: Residential
Source System Name: C2C

Price Changed 2024-05-02
$2,795,000
EastTennessee
Price Changed 2024-05-01
$2,840,000
EastTennessee
Listed 2023-12-05
$2,850,000
EastTennessee

Total Square Feet Living: 5480
Year Built: 2023
Building Area Total: 5480
Building Exterior Type: Vinyl Siding, Wood Siding, Frame
Construction Materials: Vinyl Siding, Wood Siding, Frame
Living Area Source: Tax Records
New Construction: Yes
Property Age: 1
Total Area Sqft: 5480
Architectural Style: Contemporary

Sewer: Septic Tank
Water Source: Public

Lafollette Middle School is a public middle school located approximately 5.5 miles away.
directions icon Map directions

East Lafollette Learning Academy is a public middle and high school located approximately 5.6 miles away.
directions icon Map directions

Lafollette Elementary School is a public elementary school located approximately 5.7 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewunknownunknown
unknownunknownunknownunknownwater_front
water_frontunknownunknownunknownporch
unknownunknownunknownunknownunknown
unknownunknownunknownunknownunknown
unknownhouse_viewhouse_viewliving_roomliving_room
living_roomkitchenliving_roomunknownkitchen
kitchenkitchenkitchenkitchenkitchen
unknownlaundry_roombathroombathroombathroom
bathroomunknownkitchenunknownunknown
bathroomunknownunknownunknownbathroom

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.