240 Gordon Drive
Spring City, TN 37381
1498 sqft | 3 beds | 2 baths | 2.00 acres | #3007716
Description
Lakefront Living with 2 Acres on Watts Bar Lake With NO HOA - Renovated 3BR/2BA Home with Income Potential!
✨Enjoy the best of lakefront living on beautiful Watts Bar Lake! This newly renovated three-bedroom, two-bath home is perfectly situated on a quiet cove, offering peace, privacy, and endless opportunities.
PROPERTY HIGHLIGHTS:
• Spacious Lot: Enjoy over 2 acres of level, all-grass land with the option to purchase an adjoining lot for even more space.
• Turnkey Living: This home is being sold fully furnished - just bring your suitcase!
• Income Potential: Already operating as a successful Airbnb/VRBO, the property generates $15,000-$20,000 annually with minimal rentals, with the potential to significantly increase income for an active host.
• Outbuildings: Two versatile storage buildings (20x20 and 10x20), with the smaller unit already equipped with power.
• Utilities: Private well currently in use (public water tap in place) and high-speed internet already connected to the home.
LIFESTYLE & LOCATION:
Nestled in a quiet area with serene lake views, this home offers the perfect balance of relaxation and recreation. Whether you're seeking a family getaway, primary residence, or income-generating investment, this property checks all the boxes.
📍 Don't miss this rare opportunity to own a large, level lot with the option to purchase a second adjoining lot (1 acre) — perfect for building an additional home or creating even more rental income. Call today for a showing! *Buyer to verify all information & measurements before making an informed offer*
Property Details
- Utility FeaturesElectricity Available, Water Available
- InteriorCeiling Fan(s), Kitchen Island
- SubdivisionWallace & Liza True Estate
- Lot DescriptionOther, Cul-De-Sac, Level
- High SchoolRhea County High School
- Property SubtypeSingle Family Residence
- CountyRhea County, TN
- BasementCrawl Space
- Sewer InformationSeptic Tank
- Property TypePurchase
- Original List Price$649,900
- MLS #3007716
- MLS #3007716
- Utility SourcePublic
- Taxes Annual$1,222
- Cost649900
- Square Feet1498
- Year Built1971
- Fireplaces1
- Bedrooms3
- Bathrooms2
- Full Baths2
- Acres2
- Parking Spaces2
Location
Legal
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Last Updated: . Source: REALTRAC
Provided By
Listing Agent: Tina Isham (#RTC498143)
Listing Office: Isham Jones Realty (#RTC56316)
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