240 Gordon Drive, Spring City, TN 37381
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
240 Gordon Drive,Spring City, TN 37381
$649,900
- 3 Beds
- 2 Baths
- 1,498 sq. ft.
- Single family
- Active
Listed by:tina isham
Office:isham jones realty
MLS#:3007716
Source:NASHVILLE
Price summary
- Price:$649,900
- Price per sq. ft.:$433.85
About this home
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*
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Home facts
- Year built:1971
- Listing ID #:3007716
- Added:1 day(s) ago
- Updated:October 03, 2025 at 02:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,498 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Electric, Propane
Structure and exterior
- Year built:1971
- Building area:1,498 sq. ft.
- Lot area:2 Acres
Schools
- High school:Rhea County High School
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$649,900
- Price per sq. ft.:$433.85
- Tax amount:$1,222
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