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340 Parsons Shores Drive

Sharps Chapel, TN 37866
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Bed 2

Bed

Bath 2

Bath

SqFt2,658

Sqft

Acres5.30

Acres(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $1,275,000

AD Id : 77813019

MLS Id : RTC3184189

Beds : 2

Lot Size : 5.30 Acres

Living Area Size : 2,658

Year Built : 1997

County : Union County

Subdivision: Ridge Crest

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Air Filter, Ceiling Fan(s), Entrance Foyer, High Ceilings, Hot Tub, Redecorated, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, High Speed Internet Roof: Shingle Appliances: Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Purifier Laundry Features: Electric Dryer Hookup, Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Wood, Tile Construction Materials: Frame
  • Heating & Cooling

    Heating: Central Has Heating: Yes Cooling: Ceiling Fan(s), Central Air Has Cooling: Yes Water front: 1 WaterSource: Well

  • Building Information

    Year Built: 1997
  • Exterior Features

    Dock, Balcony, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s) Construction Materials: Frame Foundation Details: Block

  • Lot Information

    Lot Description: Private, Rolling Slope, Views, Wooded Lot Size Area: 5.3 Lot Acres: 5.3

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: A-Frame

  • Listing Price Information

    Original List Price:$1275000

  • Tax Information

    Tax Lot: 9 Annual Tax: $2226 Parcel Number: 034 21500 000

  • Parking Information

    Open Parking Spaces: 5 Total Parking: 5 Concrete, Driveway

  • School Information

    Elementary School: Sharps Chapel Elementary Junior High School: H Maynard Middle School Senior High School: Union County High School
  • Utility Information

    Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: Norris Shores / Tanglewood City: Sharps Chapel Direction: FROM RT 33 & SHARPS CHAPEL RD Intersection: Follow Sharps Chapel Rd for Aprx. 4.6 miles. Turn LEFT on Old Valley Rd. Turn LEFT on Tanglewood Rd. Keep LEFT, stay on Tanglewood Rd. Turn RIGHT on to Ball Point Rd. Go up hill, make right on Parson Shores Dr.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
164 Green Lane, Sharps Chapel, TN, 37866 $365,000 4 2 2,200 2,200 SqFt
301 Mountain Way, Sharps Chapel, TN, 37866 $545,000 3 2 2,054 2,054 SqFt
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ByOwner last updated this listing 06/21/2026 @ 18:20

MLS: REALTRAC #3184189 LISTED BY: James Daley, Benchmark Realty, LLC 615-432-2919 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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