340 Parsons Shores Drive, Sharps Chapel, TN 37866
Local realty services provided by:ERA Chappell & Associates Realty & Rental
340 Parsons Shores Drive,Sharps Chapel, TN 37866
$1,250,000
- 2 Beds
- 2 Baths
- 2,658 sq. ft.
- Single family
- Active
Listed by: james daley
Office: benchmark realty, llc.
MLS#:3184189
Source:NASHVILLE
Price summary
- Price:$1,250,000
- Price per sq. ft.:$470.28
About this home
PRICE IMPROVEMENT — $1,250,000 | 5+ PRIVATE ACRES on NORRIS LAKE | NO HOA | PRIVATE DOCK | 3-BEDROOM CONFIGURATION | SLEEPS 8 | STR & EXPANSION POTENTIAL — Immediately adjacent to sought-after Norris Shores, this 5.3-acre property offers privacy, flexibility & investment potential, with the same large-acreage character of the surrounding area — but without an HOA. A scenic ¾-mile road ends in a quiet cul-de-sac surrounded by large-acreage homes.
Approx 150 ft of year-round water frontage features a private transferable dock with boat lift, canopy, sundeck & jet ski port (permit for 2nd), plus expansive views of Island F. Functioning as a 3-bedroom, the 2,658 sq ft A-frame offers 2BR/2BA plus a spacious loft suite with en-suite bath, currently configured as a primary 3rd bedroom, and comfortably sleeps 8.
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 permitted septic system & gated gravel drive offers flexibility for a guest home, future compound or additional residence.
The configuration creates a shared-purchase opportunity for family, friends or investment partners. At $1.25M, two parties could acquire the property at approximately $625,000 per party, with potential to create a shared lake compound. Comparable 5-acre waterfront building sites in the area have commanded approximately $300,000–$325,000 before a home and improvements. Future subdivision may be explored, subject to applicable requirements and approvals.
Multiple outdoor living areas include a wraparound deck, hot tub deck & lakefront deck & fire pit area. With no HOA & no rental restrictions, the property functions as a private retreat, full-time residence or income-producing STR w/ approximately $80K+/yr potential. Rental Pro-Forma available. Offered fully furnished / turnkey for continued STR rental use. Established STR brand & marketing available....
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Home facts
- Year built:1997
- Subdivision & Development:Norris Shores / Tanglewood
- Listing ID #:3184189
- Added:154 day(s) ago
- Updated:October 01, 2026 at 07:59 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space
- Living area:2,658 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1997
- Building area:2,658 sq. ft.
- Lot area:5.3 Acres
- Lot Features:Rolling Slope, Wooded
- Architectural Style:A-Frame
- Construction Materials:Frame
- Exterior Features:Deck, Dock, Patio, Porch, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s)
- Levels:2 Story
Schools
- High school:Union County High School
- Middle school:H Maynard Middle School
- Elementary school:Sharps Chapel Elementary
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$470.28
- Tax amount:$2,226
Features and amenities
- Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Air Filter, Ceiling Fan(s), Fire Alarm, High Speed Internet, Redecorated, Security System, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, Smoke Detector(s), Underground Utilities
Parking
- Total parking spaces:5
- Parking description:Concrete, Driveway
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