340 Parsons Shores Drive, Sharps Chapel, TN

$1,250,000

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  • 2

    Beds

  • 2

    Baths

  • 2,658

    Square feet

  • 5.30

    Acres

Description of 340 Parsons Shores Drive, Sharps Chapel - MLS# 3184189

PRICE IMPROVEMENT — $1,250,000 | BREATHTAKING LAKEFRONT HOME | 5+ PRIVATE ACRES on NORRIS LAKE | NO HOA | PRIVATE DOCK | 3-BEDROOM CONFIGURATION | SLEEPS 8 | STR & EXPANSION POTENTIAL — Immediately adjacent to sought-after Norris Shores, this 5.3-acre property offers privacy, flexibility & investment potential, with the same large-acreage character of the surrounding area — but without an HOA. A scenic ¾-mile road ends in a quiet cul-de-sac surrounded by large-acreage homes. Approx 150 ft of year-round water frontage features a private transferable dock with boat lift, canopy, sundeck & jet ski port (permit for 2nd), plus expansive views of Island F. Functioning as a 3-bedroom, the 2,658 sq ft A-frame offers 2BR/2BA plus a spacious loft suite with en-suite bath, currently configured as a primary 3rd bedroom, and comfortably sleeps 8. 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 permitted septic system & gated gravel drive offers flexibility for a guest home, future compound or additional residence. The configuration creates a shared-purchase opportunity for family, friends or investment partners. At $1.25M, two parties could acquire the property at approximately $625,000 per party, with potential to create a shared lake compound. Comparable 5-acre waterfront building sites in the area have commanded approximately $300,000–$325,000 before a home and improvements. Multiple outdoor living areas include a wraparound deck, hot tub deck & lakefront deck & fire pit area. With no HOA & no rental restrictions, the property functions as a private retreat, full-time residence or income-producing STR w/ approximately $80K+/yr potential. Rental Pro-Forma available. Offered fully furnished / turnkey for continued STR rental use. Established STR brand & marketing available.

Features of 340 Parsons Shores Drive of 340 Parsons Shores Drive

MLS® # 3184189
Price $1,250,000
Bedrooms 2
Bedrooms on Main 2
Bathrooms 2.00
Full Baths 2
Square Footage 2,658
Acres 5.30
Year Built 1997
Type Residential
Sub-Type Single Family Residence
Style A-Frame
Status Active
New Construction No

Community Information : Sharps Chapel

Address 340 Parsons Shores Drive
Subdivision Norris Shores / Tanglewood
City Sharps Chapel
County Union County, TN
State TN
Zip Code 37866

Amenities of 340 Parsons Shores Drive

Amenities Underground Utilities
Parking Spaces 5
Garages Concrete, Driveway
View Lake, Mountain(s), River, Water
Is Waterfront Yes
Has Pool No

Interior of 340 Parsons Shores Drive

Interior Features Air Filter, Ceiling Fan(s), Entrance Foyer, High Ceilings, Hot Tub, Redecorated, Smart Camera(s)/Recording, Smart Light(s), Smart Thermostat, High Speed Internet
Appliances Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Purifier
Heating Central
Cooling Ceiling Fan(s), Central Air
Fireplace Yes
# of Fireplaces 1
# of Stories 2
Basement Crawl Space

Exterior of 340 Parsons Shores Drive

Exterior Features Dock, Balcony, Smart Camera(s)/Recording, Smart Light(s), Smart Lock(s)
Lot Description Private, Rolling Slope, Views, Wooded
Roof Shingle
Construction Frame

School Information of 340 Parsons Shores Drive

Elementary Sharps Chapel Elementary
Middle H Maynard Middle School
High Union County High School

Additional Information On 340 Parsons Shores Drive

Date Listed May 2nd, 2026
Days on Market 159
Foreclosure No
Short Sale No

Listing Details of 340 Parsons Shores Drive

OfficeBenchmark Realty, LLC

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 340 Parsons Shores Drive

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340 Parsons Shores Drive Sharps Chapel TN 37866 - MLS# 3184189

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