340 Parsons Shores Drive, Sharps Chapel, Tennessee 37866

TN, Sharps Chapel
$1,275,000
  • Active Status
  • 19 Dayz On Cribz Total Days
  • Residential Property Type
  • 2 Beds Total Bedrooms
  • 2 Baths Full + Half Bathrooms
  • 2658 Total Sqft $480/sqft
  • 5.3 Acres Lot/Land Size
  • 1997 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

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.

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 3184189
  • Price: $1,275,000
  • View: Lake,Mountain(s),River,Water
  • Full Bathrooms: 2
  • Square Footage: 2,658 Sqft
  • Year Built: 1997
  • Lot Area: 5.30 Acre
  • Waterfront: 1
  • Office Name: Benchmark Realty, LLC
  • Agent Name: James Daley
  • Property Sub Type: Single Family Residence
  • Roof: Shingle
  • Listing Status: Active
Location Info
  • Street Number: 340
  • Street: Parsons Shores Drive
  • City Sharps Chapel
  • State TN
  • Zipcode 37866
  • County Union County, TN
  • Subdivision Norris Shores / Tanglewood
  • 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 Ball Point Rd. Go up hill, make right on Parson Shores Dr.
Features
  • Heating System Central
  • Cooling System Central Air, Ceiling Fan(s)
  • Basement Crawl Space
  • Fireplace Gas, Great Room
  • Patio Covered, Patio, Porch, Deck
  • Parking Driveway, Concrete
  • Waterfront Features Lake Front, Year Round Access
  • Architectural Style A-Frame
  • Exterior Features Balcony, Dock, Smart Lock(s), Smart Camera(s)/Recording, Smart Light(s)
  • Fireplaces Total 1
  • Flooring Wood, Tile
  • Interior Features High Ceilings, Smart Thermostat, High Speed Internet, Entrance Foyer, Ceiling Fan(s), Redecorated, Smart Camera(s)/Recording, Air Filter, Hot Tub, Smart Light(s)
  • Laundry Features Electric Dryer Hookup, Washer Hookup
  • Sewer Septic Tank
Appliances
  • Dishwasher
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Disposal
  • Electric Oven
  • Electric Range
  • Water Purifier
Schools
  • Elementary School: Sharps Chapel Elementary
  • Middle School: H Maynard Middle School
  • High School: Union County High School
Additional Info
  • Water Source: Well
  • Association Amenities: Underground Utilities
  • Building Size: 2,658 Sqft
  • Construction Materials: Frame
  • Foundation Details: Block
  • Levels: One
  • Lot Features: Private, Wooded, Rolling Slope, Views
  • On Market Date: April 29th, 2026
  • Previous Price: $1,275,000
  • Stories: 2
Financial
  • Annual Tax Amount: $2,226
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Owner Agent
  • Modification Timestamp: May 7th, 2026 @ 3:24pm
  • Status Change Timestamp: May 2nd, 2026 @ 5:00am
mls grid

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