357 Russell Lane, Decatur, TN

$825,000

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  • 3

    Beds

  • 3

    Baths

  • 2,100

    Square feet

  • 0.35

    Acres

Description of 357 Russell Lane, Decatur - MLS# 2915948

This fully furnished, 3-bedroom, 3-bathroom, home presents an enticing opportunity on the Tennessee River's main channel. Nestled in the Cottonport area, it offers a captivating view of the Tennessee River against the backdrop of majestic mountains. With a spacious 2100 sq ft floor plan, this residence additionally boasts of versatile rooms suitable for guests, an office, or media purposes. Inside, the main level features a galley kitchen, a welcoming living area, a bedroom, and a bathroom. Upstairs, two more bedrooms and a full bath await. The lower level adds to the property's appeal, offering a bar area and separate living spaces. The outdoor amenities are equally enticing, with a spacious covered boat dock complete with a boat lift and ample deck space for hosting gatherings while enjoying the riverfront views. A charming fire pit by the water's edge adds a cozy touch, perfect for watching the sunset after a long day. The property's versatility makes it an ideal primary residence, weekend getaway, or investment property. Notably, this home is currently utilized as a short-term rental, generating an annual gross income exceeding $50,000, making it an attractive prospect for investors seeking rental income. This property's convenient location provides easy access to Chattanooga and allows for day trips to popular destinations like Gatlinburg, Pigeon Forge, and the Ocoee Rafting Center. Whether as a peaceful residence or a lucrative investment, this Tennessee River home offers a wealth of potential.

Features of 357 Russell Lane of 357 Russell Lane

MLS® # 2915948
Price $825,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 2,100
Acres 0.35
Year Built 1991
Type Residential
Style Other
Status Active
New Construction No

Community Information : Decatur

Address 357 Russell Lane
Subdivision Holly Glen Shores
City Decatur
County Meigs County, TN
State TN
Zip Code 37322

Amenities of 357 Russell Lane

Utilities Electricity Available, Water Available
Garages Garage Door Opener, Detached, Paved
View Lake, River, Water, Mountain(s)
Is Waterfront Yes
Has Pool No

Interior of 357 Russell Lane

Interior Features Walk-In Closet(s)
Appliances None
Heating Central, Electric
Cooling Central Air
Fireplace No
# of Stories 2
Basement Finished

Exterior of 357 Russell Lane

Exterior Features Dock
Lot Description Sloped, Wooded, Cleared, Views, Cul-De-Sac, Other
Roof Asphalt
Construction Other

School Information of 357 Russell Lane

Elementary Meigs South Elementary
Middle Meigs Middle School
High Meigs County High School

Additional Information On 357 Russell Lane

Days on Market 120
Foreclosure No
Short Sale No

Listing Details of 357 Russell Lane

OfficeBerkshire Hathaway HomeServices J Douglas Prop.

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 357 Russell Lane

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357 Russell Lane Decatur TN 37322 - MLS# 2915948

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