$649,900
For Sale

240 Gordon Drive

Spring City, TN 37381
1498 sqft | 3 beds | 2 baths | 2.00 acres | #3007716
Listing OfficeIsham Jones Realty
Browse 45 photos
Type:Purchase
Structure:House
Zone:Residential

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

Mack Meeks | Peck Realty Group L.L.C.Real Estate Group
OR

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