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Land with Home for Sale in Sharps Chapel, Tennessee

340 Parsons Shores Dr, Sharps Chapel, TN 37866

$1,275,000
5.3 acres
Coming soon
ago
Est $6,301/mo

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.

2,658
Sq feet
2
Beds
2
Full baths
1997
Built

Location

Street address
340 Parsons Shores Dr
Community
Norris Shores / Tanglewood
Elevation
1,278 feet
Coordinates
36.3121, -83.8194

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

CategoryTypeStatus
SewageSeptic SystemConnected
WaterPrivate WellConnected

Nearby schools

NameType
Sharps Chapel ElementaryElementary
H Maynard Middle SchoolMiddle
Union County High SchoolHigh

Listing history

DateEventPriceChangeSource
Apr 29, 2026New listing$1,275,000REALTRACS
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This 5.3-acre property is located at 340 Parsons Shores Dr in Sharps Chapel, TN 37866. The property is coming soon. It has a 2,658 sq ft 2 bedroom, 2 bath house built in 1997.

Checked 1 hour ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Apr 30, 2026 9:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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