Address
340 Parsons Shores Drive, Sharps Chapel, TN
Price
$ 1,275,000
Property Attributes
- MLS#3184189
- TypeSingle Family
- Listing Status Active
- CountyUNION
- CitySharps Chapel
- NeighborhoodNorris Shores - Tanglewood
- Zip37866
- StyleA-Frame
- Year Built1997
- Taxes$ 2226
- Price$ 1,275,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2658
- Lot Size5.3 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description
5+ PRIVATE ACRES on NORRIS LAKE | NO HOA | PRIVATE DOCK | 3-BEDROOM CONFIGURATION | SLEEPS 8 | 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. Rental Pro-Forma available. 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Sharps Chapel Elementary | H Maynard Middle School | Union County High School |
| Price History | |
|---|---|
| 4/29/2026 | Listed $1,275,000 |
General Features
| Living Area | 2658 |
|---|---|
| Sewer | Septic Tank |
| Heating | Central |
| Cooling | Ceiling Fan(s),Central Air |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Electric Oven,Electric Range,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer,Water Purifier |
| Patio/Porch Features | Porch,Covered,Deck,Patio |
| Architectural Style | A-Frame |
| Security Features | Fire Alarm,Security System,Smoke Detector(s) |
| Construction Materials | Frame |
| Pets Allowed | Yes |
| Year Built | 1997 |
| View | Lake,Mountain(s),River,Water |
| Stories Count | 2 |
| Topography | Private,Rolling Slope,Views,Wooded |
| Levels | One |
| Property Subtype | Single Family Residence |
| County | Union County,TN |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Underground Utilities |
| Attached Garage | No |
| Subdivision Name | Norris Shores / Tanglewood |
| Garage Y/N | No |
| Full Baths | 2 |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | 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 Bal |
| High School | Union County High School |
| City | Sharps Chapel |
| Senior Community Y/N | No |
| Open Parking Spaces | 5 |
| Lot Size Units | Acres |
| Carport Y/N | No |
| Elementary School | Sharps Chapel Elementary |
| Property Attached Y/N | No |
| Year Built Details | Existing |
| Tax Annual Amount | 2226 |
| Middle/Junior High School | H Maynard Middle School |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 9 |
Interior Features
| Interior Amenities | Air Filter,Ceiling Fan(s),Entrance Foyer,High Ceilings,Hot Tub,Redecorated,Smart Camera(s)/Recording,Smart Light(s),Smart Thermostat,High Speed Internet |
|---|---|
| Basement | Crawl Space |
| Flooring | Wood,Tile |
| Total Fireplaces | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 2658 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Appraiser |
| Below Grade Finished Area Source | Appraiser |
| Above Grade Finished Area Source | Appraiser |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Dock,Balcony,Smart Camera(s)/Recording,Smart Light(s),Smart Lock(s) |
|---|---|
| Parking Features | Concrete,Driveway |
| Lot Features | Private,Rolling Slope,Views,Wooded |
| Water Source | Well |
| Total Parking | 5 |
| Lot Size Area | 5.3 |
| Building Area Total | 2658 |
| Lot Size Acres | 5.3 |
| Lot Size Source | Assessor |
| Waterfront Y/N | Yes |
| Other Equipment | Air Purifier |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37866
Price
Taxes
Year Built
Visits
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions as distributed by MLS Grid. Real estate listings held by brokerage firms other than REMAX West Main Realty are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.
