
Land with Home for Sale in Sharps Chapel, Tennessee
340 Parsons Shores Dr, Sharps Chapel, TN 37866
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.
- Listed by James Daley, (615) 432-2919, Benchmark Realty
Location
- Street address
- 340 Parsons Shores Dr
- County
- Union County
- Community
- Norris Shores / Tanglewood
- Elevation
- 1,278 feet
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.
Property details
- Acreage
- 5.3 acres
- MLS #
- REALTRACS 3184189
- Posted
- Available
Property taxes
- Recent
- $2,226
Parcels
- 034 21500 000
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Financing
- Conventional
- Conditions
- Owner Agent
- Possession
- Close of Escrow
Community
- Amenities
- Underground Utilities
Lot
- Size Source
- Assessor
- Terrain
- Private, Rolling Slope, Views, Wooded
- View
- Lake, Mountain(s), River, Water
- Waterfront
- Lake Front, Year Round Access
- Dock
- Yes
- Features
- Private, Rolling Slope, Views, Wooded
Exterior
- Parking Spaces
- 5
- Parking
- Concrete, Driveway
- Outdoor Spaces
- Covered, Deck, Patio, Porch
- Features
- Balcony, Dock, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s)
Structure
- Style
- A-Frame
- Stories
- 2
- Basement
- Crawl Space
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Frame
- Roof
- Shingle
- Foundation
- Block
Interior
- Flooring
- Tile, Wood
- Fireplace Count
- 1
- Fireplaces
- Gas, Great Room
- Appliances
- Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Purifier
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Security
- Fire Alarm, Security System, Smoke Detector(s)
- Equipment
- Air Purifier
- Features
- Air Filter, Ceiling Fan(s), Entrance Foyer, High Ceilings, High Speed Internet, Hot Tub, Redecorated, Smart Light(s), Smart Thermostat
Property utilities
| Category | Type | Status |
|---|---|---|
| Sewage | Septic System | Connected |
| Water | Private Well | Connected |
Nearby schools
| Name | Type |
|---|---|
| Sharps Chapel Elementary | Elementary |
| H Maynard Middle School | Middle |
| Union County High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 29, 2026 | New listing | $1,275,000 | — | REALTRACS |





























































































