240 Gordon Drive Spring City, TN 37381
UPDATED:
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
✨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
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