5+ PRIVATE ACRES on NORRIS LAKE with NO HOA, PRIVATE DOCK, STRONG STR & EXPANSION POTENTIAL — offering lake living without limits. Located adjacent to one of the lake’s most sought-after communities, this 5.3-acre property delivers exceptional privacy, flexibility & long-term investment upside. Accessed via a scenic ¾-mile road ending in a cul-de-sac, the setting is quiet and low-traffic, surrounded by large-acreage homes. The property includes approximately 150 ft of year-round water frontage with a private transferable dock featuring boat lift, canopy, sundeck & jet ski port (permit for 2nd), along with expansive undeveloped views of Island F. The 2,658 sq ft A-frame offers 2BR/2BA plus a spacious loft suite with en-suite bath, functioning as a primary 3rd bedroom. The home is currently furnished to comfortably accommodates up to 8 guests. 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 septic system & gated gravel drive provides rare expansion potential for a guest home or future compound. Outdoor living features multiple entertaining areas including a wraparound deck, hot tub deck & lakefront fire pit gathering space. With no HOA & no rental restrictions, the property functions equally well as a private retreat, full-time residence, or income-producing short-term rental with approximately $80K+/year potential. Offered furnished with STR branding & marketing assets available for transfer, presenting a rare opportunity to own acreage, privacy & income potential in one of East Tennessee’s most desirable Norris Lake settings.
Coming soon / hold
$1,275,000
340 Parsons Shrs, Sharps Chapel, TN 37866
2beds
2,658sqft
Est.:
Single Family Residence, Residential
Built in 1997
5.3 Acres Lot
$-- Zestimate®
$480/sqft
$-- HOA
What's special
- 13 hours |
- 2,474 |
- 55 |
Zillow last checked:
Listing updated:
Listing Provided by:
James Daley 678-234-6586,
Benchmark Realty, LLC 615-432-2919
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3184189
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bathroom
- Features: Double Vanity
- Level: Double Vanity
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Oven, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Entrance Foyer, High Ceilings, Redecorated, Smart Light(s), Smart Thermostat, High Speed Internet
- Flooring: Wood, Tile
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas, Great Room
Interior area
- Total structure area: 2,658
- Total interior livable area: 2,658 sqft
- Finished area above ground: 2,658
Property
Parking
- Total spaces: 5
- Parking features: Concrete, Driveway
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 2
- Patio & porch: Porch, Covered, Deck, Patio
- Exterior features: Dock, Balcony, Smart Light(s), Smart Lock(s)
- Has spa: Yes
- Spa features: Private
- Has view: Yes
- View description: Lake, Mountain(s), River, Water
- Has water view: Yes
- Water view: Lake,River,Water
- Waterfront features: Lake Front, Year Round Access
Lot
- Size: 5.3 Acres
- Features: Private, Rolling Slope, Views, Wooded
- Topography: Private,Rolling Slope,Views,Wooded
Details
- Parcel number: 034 21500 000
- Special conditions: Owner Agent
- Other equipment: Air Purifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Roof: Shingle
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Fire Alarm, Security System, Smoke Detector(s), Smart Camera(s)/Recording
- Subdivision: Norris Shores / Tanglewood
HOA
- Has HOA: No
- Amenities included: Underground Utilities
Location
- Region: Sharps Chapel
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $468,700
- Annual tax amount: $2,226
- Date on market: 4/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Listing removed | $1,499,900$564/sqft |
Source:  East Tennessee Realtors #1318712 Report a problem | ||
| 10/20/2025 | Listed for sale | $1,499,900+93.5%$564/sqft |
Source: East Tennessee Realtors #1318712 Report a problem | ||
| 8/12/2022 | Sold | $775,000$292/sqft |
Source: East Tennessee Realtors #1196650 Report a problem | ||
| 6/27/2022 | Pending sale | $775,000$292/sqft |
Source: East Tennessee Realtors #1196650 Report a problem | ||
| 6/24/2022 | Listed for sale | $775,000+275.9%$292/sqft |
Source: East Tennessee Realtors #1196650 Report a problem | ||
| 8/21/2009 | Sold | $206,150+20.2%$78/sqft |
Source: Public Record Report a problem | ||
| 5/7/2009 | Sold | $171,535+523.8%$65/sqft |
Source: Public Record Report a problem | ||
| 9/6/1995 | Sold | $27,500$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,226 | $117,175 |
| 2024 | $2,226 | $117,175 |
| 2023 | $2,226 +19.5% | $117,175 |
| 2022 | $1,863 +6.9% | $117,175 +43.9% |
| 2021 | $1,742 | $81,425 |
| 2020 | $1,742 | $81,425 |
| 2019 | $1,742 | $81,425 |
| 2018 | $1,742 +0% | $81,425 |
| 2017 | $1,742 +0.3% | $81,425 +1.7% |
| 2016 | $1,737 | $80,025 |
| 2015 | $1,737 | $80,025 +0% |
| 2014 | $1,737 +21.3% | $80,023 |
| 2013 | $1,432 | $80,023 |
| 2012 | $1,432 | $80,023 |
| 2011 | -- | $80,023 +3.6% |
| 2010 | $1,383 | $77,245 |
| 2009 | $1,383 | $77,245 |
| 2008 | $1,383 | $77,245 |
| 2007 | $1,383 -10.5% | $77,245 |
| 2006 | $1,545 +31.4% | $77,245 +31.4% |
| 2004 | $1,176 +11.1% | $58,776 |
| 2002 | $1,058 | $58,776 |
| 2001 | -- | $58,776 -60% |
| 2000 | -- | $146,860 |
Find assessor info on the county website
Monthly payment
Est. payment
$6,989/mo
Principal & interest
$6575
Property taxes
$414
More affordability tools
Climate risks
Neighborhood: 37866
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Sharps Chapel Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 4/10H Maynard Middle SchoolGrades: 6-8Distance: 4.6 mi
- 4/10Union County High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Sharps Chapel Elementary
- Middle: H Maynard Middle School
- High: Union County High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
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- Tennessee
- Union County
- Sharps Chapel
- 37866
- 340 Parsons Shrs
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