$549,500 Price Analysis    ♡   La Follette, TN 37766 5 bed 2 bath 2,111 SqFt ($260/SqFt) 6.0 acre lot. Built 1994 Listed 2024-03-29, Taxes $760 | ✓ USDA Eligible near La Follette, TN Restrictions may apply due to home size |
Check out this rare opportunity to own 6 acres of unrestricted land on Norris Lake!
* Has Contingent Offer *This property extends to the 1044 line, gently sloping down to the water's edge. The land comes with a history of dock usage by the current owners; however, there is no dock currently. This charming 5-bedroom, 2-bathroom home was custom-built by the sellers and has remained within their family for generations, now available to the public for the first time. Step inside to find infinite possibilities with approximately 1, 624 sqft on the main level, including 2 bedrooms and the primary bedroom with an ensuite. The living room offers stunning lake vistas and flows seamlessly into the well-appointed kitchn with ample cabinet space.
Upstairs, discover an additional 487 sqft with 2 bedrooms and a sitting room showcasing more picturesque lake views. The property also includes a 40x60 garage perfect for storing boats, converting into living space or utilizing for a lakeside business venture. With no restrictions, consider the potential for shor t-term rental cabins to maximize income. Conveniently located within roughly 300 yards of the community boat launch and free from HOA constraints, this property is ideal for a lucrative short-term rental investment. Don't miss out on this exceptional chance to own a piece of Norris Lake's paradise. Call today to schedule your private tour!
Presented by Gage Dople at
Wallace Real Estate.
Property MLS #1257433 from EastTennessee
Basement Features: Crawl Space
Basement Description: Crawl Space
Extra Room-1 Description: Yes
Full Bathrooms: 2
Flooring: Carpet, Vinyl
Self Cleaning Oven
Fireplace Features: Brick
Heating Features: Central, Heat Pump, Electric
Heating: Yes
Number of Fireplaces: 1
Porch - Covered
Other Structures: Workshop
Lot Size Acres: 6.0
Lot Size Source: Tax Records
Lot Size Square Feet: 261360
Parking Features: Off-Street Parking
Calculated Total Monthly Association Fees: 0
Source Listing Status: Pending
County: Campbell County - 37
Directions: GPS friendly. From Hunters Branch Rd turn right onto Demory Rd. Drive for drive for appox 6 miles then light right onto Grantsboro. In appox 2 miles R onto Racetrack Hollow. L onto Cove Pointe Rd. Home is on your left.
Disclaimer: No
Source Property Type: Single Family
Area: Campbell County - 37
MLS Area Minor: Campbell County - 37
Source Neighborhood: Campbell County - 37
Parcel Number: 117 101.00
Property Subtype: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $unknown + $unknown $36,775 | $760 |
| 2020 | $unknown + $unknown $36,775 | $760 |
| 2019 | $unknown + $unknown $36,775 | $760 |
| 2018 | $unknown + $unknown $32,975 | $742 |
| 2017 | $unknown + $unknown $32,975 | $742 |
| 2016 | $unknown + $unknown $32,975 | $742 |
| 2015 | $unknown + $unknown $32,975 | $742 |
| 2014 | $unknown + $unknown $32,975 | $656 |
| 2013 | $unknown + $unknown $34,675 | $610 |
| 2012 | $unknown + $unknown $34,675 | $610 |
| 2011 | $unknown + $unknown $34,675 | $610 |
| 2010 | $unknown + $unknown $34,675 | $610 |
| 2009 | $unknown + $unknown $28,900 | $578 |
| 2008 | $unknown + $unknown $28,900 | $578 |
| 2007 | $unknown + $unknown $28,900 | $578 |
$549,500
EastTennessee
Listed 2024-03-29
$575,000
EastTennessee
Year Built: 1994
Building Area Total: 2111
Building Exterior Type: Vinyl Siding, Frame
Construction Materials: Vinyl Siding, Frame
Living Area Source: Tax Records
Property Age: 30
Total Area Sqft: 2111
Architectural Style: Traditional
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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.