$565,000 Price Analysis    ♡   La Follette, TN 37766 4 bed 2 bath 2,839 SqFt ($199/SqFt) 0.93 acre lot. Built 1978 Listed 2024-04-10, Taxes $985 | ✓ USDA Eligible near La Follette, TN Restrictions may apply due to home size |
Welcome Home to Norris Lake!
SHORT TERM RENTAL OPPORTUNITY W/ HOM E and TWO ADDITIONAL VACANT LOTS This fully furnished, show stopper of a home is located at Springs Dock and offers the most incredible views of Norris Lake. It's located in close proximity to the famous Jumping Bridge, The Greens at Deerfield Resort and the Tiki Hut @ Deerfield Resort. This home is unique, not for the location and close proximity to some exceptional amenities, but also because it sits on 3 combined lots equaling .93 acres. With no restrictions, the income producing possibilities are endless. The additional 2 lots could also be developed with homes or campers and be rented out to generate more income. Inside, you'll find a big & open floor plan, wood lined cathedral ceilings and a wall of windows in the sunroom that provide the most spectacular views of Norris Lake's main channel. On the main level, you'll also find 3 bedrooms- one of which could be used for an in-home office if you're needing to work while on vacation. Since the home does have high-speed internet, you can have the best of both worlds. Downstairs in the walk-out basement, you will find a 4th bedroom and/or Rec Room, an additional office space and a huge storage room perfect for a workshop or storing your extra lake toys. Now, if you think the inside of this home is amazing, wait until you take the entertaining outdoors!
As you approach the home, you will find a screened in front porch that's perfect for enjoying your morning coffee. On the backside of the home, an over-sized covered deck is awaiting you and your guests. It's perfect for entertaining and watching the sun set over Norris Lake. With a short golf cart ride (0.5 miles), you can be down at Springs Dock and b on your boat and ready to hit the lake for the afternoon! If you're looking for the perfect vacation home or a completely turn-key investment opportunity for short term rentals, this home is it! Call today to schedule your private showing in person or virtually! Seller has a golf cart & boat that is also for sale.
Presented by Colette Palmer at
Keller Williams Realty.
Property MLS #1258863 from EastTennessee
Basement Features: Partially Finished, Walkout
Basement Description: Partially Finished, Walkout
Extra Room-1 Description: No
Full Bathrooms: 2
Island in Kitchen
Walk-In Closet(s)
Breakfast Bar
Flooring: Laminate, Carpet, Vinyl, Tile
Window Features: Drapes
Dryer
Smoke Detector
Refrigerator
Microwave
Washer
Fireplace Features: Gas, Circulating
Heating Features: Heat Pump, Propane, Electric
Heating: Yes
Number of Fireplaces: 1
Porch - Covered
Porch - Enclosed
Porch - Screened
Deck
Other Structures: Storage
Parking Features: Carport, Detached, RV Parking, Main Level
Lot Size Acres: 0.93
Lot Size Source: Tax Records
Lot Size Square Feet: 40511
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Campbell County - 37
Directions: I-75N to Exit 134. East on 25W towards LaFollette. Turn right on Cumberland Ave. Becomes Long Hollow Rd., Cedar Creek Rd. Turn right at Alder Springs Rd. Go past entrance to Deerfield Resort. Turn on Dogwood Acres (stay left at the fork for the Springs Boat Dock Rd.) House on right. SOP.
Disclaimer: No
Source Property Type: Single Family
Area: Campbell County - 37
MLS Area Minor: Campbell County - 37
Source Neighborhood: Alder Springs Boat Dock
Parcel Number: 099B B 055.00
Subdivision: Alder Springs Boat Dock
Property Subtype: Residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $unknown + $unknown $47,675 | $985 |
| 2020 | $unknown + $unknown $47,675 | $985 |
| 2019 | $unknown + $unknown $47,675 | $985 |
| 2018 | $unknown + $unknown $41,250 | $928 |
| 2017 | $unknown + $unknown $41,250 | $928 |
| 2016 | $unknown + $unknown $41,250 | $928 |
| 2015 | $unknown + $unknown $41,250 | $928 |
| 2014 | $unknown + $unknown $41,250 | $821 |
| 2013 | $unknown + $unknown $43,975 | $773 |
| 2012 | $unknown + $unknown $42,325 | $745 |
| 2011 | $unknown + $unknown $42,325 | $745 |
| 2010 | $unknown + $unknown $42,325 | $745 |
| 2009 | $unknown + $unknown $37,550 | $751 |
| 2008 | $unknown + $unknown $37,550 | $751 |
| 2007 | $unknown + $unknown $37,550 | $751 |
$565,000
EastTennessee
Listing removed 2023-08-01
$0
EastTennessee
Price Changed 2023-07-12
$575,000
EastTennessee
Listed 2023-05-25
$600,000
EastTennessee
Year Built: 1978
Building Area Total: 2839
Building Exterior Type: Vinyl Siding, Block, Frame
Construction Materials: Vinyl Siding, Block, Frame
Living Area Source: Tax Records
Property Age: 46
Total Area Sqft: 2839
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.