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Land with Home for Sale in Friendsville, Tennessee

566 Island View Dr, Friendsville, TN 37737

$2,499,900
5.36 acres
pending
Under contract

Welcome to an extraordinary lakefront estate at 566 Island View Drive in Friendsville, where luxury, privacy, and the natural beauty of East Tennessee come together on 5.36 breathtaking acres along Fort Loudoun Lake. With over 220 feet of level lake frontage and exceptional indoor and outdoor living spaces in two buildings, this remarkable property offers a rare opportunity to own a private waterfront retreat designed for both refined everyday living and unforgettable entertaining. The main residence offers more than 4,700 square feet of thoughtfully designed living space, completely remodeled in 2011 by the renowned local architect Bill Andrews, featuring 5 spacious bedrooms, 5 full bathrooms, and 2 half baths. From the moment you arrive, the home welcomes you with warmth and timeless appeal. Rich hardwood flooring flows throughout the main level, while expansive windows frame stunning lake views and fill the home with natural light. At the center of the home is the inviting living room, highlighted by a striking wood-burning stone fireplace that creates a warm and elegant focal point. This space was designed for gathering, whether hosting friends and family or enjoying a quiet evening while taking in the peaceful lake setting. The kitchen is both beautiful and highly functional, featuring high-end granite countertops, abundant cabinetry, and generous countertop space ideal for cooking, entertaining, and everyday use. Just off the kitchen is a separate breakfast room overlooking the lake, creating a perfect space to serve meals while enjoying the water views. A formal dining room near the front entrance provides an elegant setting for hosting holiday meals and special occasions. From the kitchen, the home flows seamlessly into its outdoor living areas. Step onto the covered porch with a vaulted ceiling equipped with a gas hookup for a grill, ideal for outdoor cooking and gatherings. This space continues into a large screened-in deck, offering a peaceful place to relax and enjoy cool lake breezes and panoramic waterfront views. The primary suite on the main level provides a spacious and comfortable retreat. The well-appointed primary bathroom features dual sinks, extensive cabinetry, a makeup counter, a jetted soaking tub, and a tiled walk-in shower with a rain shower head, creating a spa-like atmosphere designed for relaxation and convenience. One of the most remarkable features of this home is that all five bedrooms enjoy beautiful views of Fort Loudoun Lake, allowing both residents and guests to wake up each morning to the tranquil beauty of the water. The home was carefully positioned to maximize its incredible lakefront setting from nearly every angle by Bill Andrews. The lower level of the home provides an outstanding space for entertaining and recreation. The finished basement includes a large den area perfect for hosting gatherings, movie nights, or game-day events, creating an ideal secondary living space for family and guests. This level also features two additional bedrooms, a private office, and 2.5 bathrooms, providing excellent accommodations for visitors, extended family, or multi-generational living while maintaining privacy from the main living areas. The home is equipped with geothermal heating, providing efficient and reliable warmth during cooler months. The property also benefits from two water sources:public water and a private well, along with an irrigation system that services the yard and flower beds, helping maintain the beautifully landscaped grounds. Adding tremendous versatility to the estate is the second building, built in 2014, which offers more than 1,000 square feet of finished space. This structure features a large fitness center with stunning lake views, a full bathroom, workshop space, a conditioned storage room, a two-car carport, and a one-car garage. It provides the perfect space for a private gym, guest retreat, studio, hobby area, or future guest residence. The 5.36-acre property is ge

5,722
Sq feet
5
Beds
6
Full baths
2
1/2 baths
1989
Built

Location

Street address
566 Island View Dr
Community
Watershaw
Elevation
897 feet
Coordinates
35.7877, -84.1411

Directions

From Maryville 321 toward Lenoir City, Right on East Main Ave, Right on Farnum Street, Left on West Hill Ave, to Right on Disco Loop Rd, Right on Watershaw , right on Island View Dr, TO left at 566 Island View Dr. From Lenoir City 321 toward Maryville take a left on Unitia Rd, take a left on Disco Loop Rd, Right on Watershaw, Right on Island View to left at 566 Island View Dr.

Property details

Acreage
5.36 acres
MLS #
KAARMLS 1332504
Posted

Property taxes

Recent
$5,358

Parcels

  • 033 030.22

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Realty Executives International

Lot

View
Lake
Features
Cul-De-Sac, Irregular Lot, Level, Private, Rolling Slope, Waterfront, Wooded

Exterior

Parking
Garage, Open, RV, Underground/Basement
Pool
Deck, Patio, Porch
Structures
Guest House
Features
Dock, Irrigation System, Prof Landscaped

Structure

Basement
Finished
Water
Public, Well
Sewer
Septic Tank
Heating
Baseboard, Ceiling, Central, Electric, Heat Pump, Propane
Cooling
Ceiling Fan(s), Central Air
Materials
Frame, Wood Siding
Windows
Wood Frames

Interior

Room Count
14
Rooms
Basement, Bathroom x 8, Bedroom x 5
Flooring
Carpet, Hardwood, Tile
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Range, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
Security
Security Alarm
Features
Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Pantry, Walk-In Closet(s), Wet Bar

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Mar 14, 2026Under contract$2,499,900KAARMLS
Mar 13, 2026New listing$2,499,900KAARMLS
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This 5.36-acre property is located at 566 Island View Dr in Friendsville, TN 37737. The property is pending sale. It has a 5,722 sq ft 5 bedroom, 6 bath house built in 1989.

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