888 Waterfront Tr, LaFollette, TN 37766

$1,410,000

Property Type: Single Family Bedrooms: 9 Square Footage: 4,500 Lot Size (sq. ft.): 23,958 Status: Closed

Current Price: $1,410,000 List Date: 10/01/2024 Last Modified: 2/03/2025

Overview

Description

This stunning 3-story lake house in Lakeside Estates on Norris Lake is perfect for large group vacations, featuring 9 bedrooms and 9 bathrooms, accommodating up to 26 guests. With a gross revenue of $200,000 and high occupancy even in winter, this property boasts 1,500 sq. ft. of additional living space across three spacious decks with breathtaking lake and mountain views. Located in a peaceful, protected cove near the Cedar Creek Road jumping bridge, enjoy a private playground atmosphere with no wake or boat traffic. You're just a 10-20 minute boat ride from popular marinas (Sugar Hollow, Shanghai, Deerfield, Springs Dock) and 15 minutes from The Greens at Deerfield golf course and Chapman Hill Winery. Knoxville is 45 miles away, and Pigeon Forge and Gatlinburg are only 75 miles. Plus, two world-class ATV parks (Windrock and Ride Royal Blue) are within a 30-60 minute drive, with kayaking and tubing options nearby. Hiking enthusiasts can explore Cove Lake State Park, Norris Dam Stat ... (Read more) This stunning 3-story lake house in Lakeside Estates on Norris Lake is perfect for large group vacations, featuring 9 bedrooms and 9 bathrooms, accommodating up to 26 guests. With a gross revenue of $200,000 and high occupancy even in winter, this property boasts 1,500 sq. ft. of additional living space across three spacious decks with breathtaking lake and mountain views. Located in a peaceful, protected cove near the Cedar Creek Road jumping bridge, enjoy a private playground atmosphere with no wake or boat traffic. You're just a 10-20 minute boat ride from popular marinas (Sugar Hollow, Shanghai, Deerfield, Springs Dock) and 15 minutes from The Greens at Deerfield golf course and Chapman Hill Winery. Knoxville is 45 miles away, and Pigeon Forge and Gatlinburg are only 75 miles. Plus, two world-class ATV parks (Windrock and Ride Royal Blue) are within a 30-60 minute drive, with kayaking and tubing options nearby. Hiking enthusiasts can explore Cove Lake State Park, Norris Dam State Park, the Cumberland Trail, or the historic Cumberland Gap National Park. This home is being sold furnished and features plenty of parking with a private driveway shared by only two homes. The first floor includes a stone fireplace, vaulted ceilings, and a gourmet kitchen with granite countertops, double wall ovens, and two dishwashers. Enjoy dining at three tables and a large island/bar that seats 8, all overlooking the lake. The master bedroom has direct access to the top deck. The second floor features a family room with a large TV and two queen rooms with bunks, plus a king and a queen room. Two rooms open to a covered deck, and a laundry facility is also available. On the third floor, a large rec room includes a Ping Pong table, Foosball, and a 60'' TV. The kitchenette features a bar with seating for 8. This level has three bedrooms, including a bunk room, and a second laundry set. The updated aluminum deck features a party level and a slide, while the outdoor space includes a fire pit for cozy gatherings. Enjoy the covered deck with a hot tub, outdoor speakers, and additional seating. **No drive-bys this property is actively being rented.**

Listing Details MLS# 1278118

Location Tax Legal Info

House #: 888
Street Name: Waterfront
St Suffix: Tr
State/Province: TN
Zip Code: 37766
PIN #: 096A A 023.05
Subdivision: Lakeside Estates

Contract Info

Auction Y/N: No
Listing Price: 1499999
Occupancy: Either
Gross Amount Year 1: 187952
Gross Amount Year 2: 224630

General Property Description

Type: 3 Story
Acres: 0.55
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 4500
SqFt - Main Lvl: 1500
SqFt - 2nd Flr Lvl: 1500
SqFt - 3rd Flr Lvl: 1500
# Bedrooms: 9
Baths - Full: 9
# of Rooms: 28
Fireplace: Yes
# Fireplace: Yes
Property Status: N/A
HOA: Mandatory
HOA Fee: 900
HOA Freq: Yearly
HOA Contact: Carina
Year Built: 2014
Bonus Room: Yes
Extra Storage: Yes

Status Change Info

Status Change Date: 2025-02-03
Under Contract Date: 2024-11-16
Sold Date: 2025-02-03

More Information

Property Features

Style: Traditional Construction: Block; Frame Basement: None Lot Description: Current Dock Permit on File; Lake/Water Access; Rolling Slope; Waterfront View: Lake View; Lakefront; Mountain View Fireplace: Gas Log; Stone Floors: Carpet; Hardwood; Other Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Central Cooling Appliances: Dishwasher; Dryer; Gas Stove; Microwave; Range; Refrigerator; Trash Compactor; Washer Sewer: Other Water: Public Other Rooms: 2nd Rec Room; Extra Storage; Family Room; Great Room; Laundry/Utility Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Kitchen Island; Washer/Dryer Connect; Wired for Internet Exterior Features: Deck; Dock; Patio; Porch - Covered Dining Area: Kitchen/Dining Rm Co Community Amenities: Architect Restricted; Boat Ramp; Extra Storage; Gated Community; Security; Swimming Pool; Other - See Remarks Association Fee Incl: All Amenities; Grounds Maintenance; Security; Other Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; USDA/Rural; VA Loan

IDX

Listing Office: eXp Realty, LLC

Last Updated: February - 03 - 2025

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888 Waterfront Tr, LaFollette, TN 37766 (MLS# 1278118)