240 Gordon Drive Active Save Request In-Person Tour Request Virtual Tour
Spring City,TN 37381
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,498 sqft
Price per Sqft $433
Subdivision Wallace & Liza True Estate
MLS Listing ID 3007716
Bedrooms 3
Full Baths 2
Year Built 1971
Annual Tax Amount $1,222
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 149x890 IRR
Property Sub-Type Single Family Residence
Property 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*
Location
State TN
County Rhea County
Rooms
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s),Kitchen Island
Heating Central,Electric,Propane
Cooling Central Air,Ceiling Fan(s)
Flooring Tile
Fireplaces Number 1
Fireplace Y
Appliance Dishwasher,Microwave,Range,Refrigerator
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available,Water Available
View Y/N false
Private Pool false
Building
Lot Description Other,Cul-De-Sac,Level
Story 1
Sewer Septic Tank
Water Public
Structure Type Frame,Vinyl Siding,Other,Brick
New Construction false
Schools
High Schools Rhea County High School
Others
Senior Community false
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/02b2d0d4-fccb-417d-b1a4-0224483c7ffd?initialViewType=pano