340 Parsons Shores Drive Sharps Chapel, TN $ 1,275,000
340 Parsons Shores Drive
$ 1,275,000
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340 Parsons Shores Drive

Sharps Chapel, TN, 37866
$ 1,275,000
Bedrooms2 Baths2.0 Sq 2,658

Monthly Estimate*

$ 7,850

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Single Family Home for sale in Sharps Chapel, TN

for $1,275,000 with 2 bedrooms and 2 full baths. This 2,658 square foot home was built in 1997 on a lot size of 5.3.

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.

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Single Family Active

Price

$ 1,275,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,226

Style

A-Frame

Lot Size

5.3

Year Built

1997

Town/City

Sharps Chapel

County/Region

Union

MLS | Web ID

3184189

Features
General
Living Area 2658
Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s) Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Electric Oven Electric Range Dishwasher Disposal Dryer Microwave Refrigerator Washer Water Purifier
Garage Spaces 0
Patio/Porch Features Porch Covered Deck Patio
Architectural Style A-Frame
Security Features Fire Alarm Security System Smoke Detector(s)
Construction Materials Frame
Pets Allowed Yes
Year Built 1997
View Lake Mountain(s) River Water
Stories Count 2
Topography Private Rolling Slope Views Wooded
Levels One
Property Subtype Single Family Residence
County Union County TN
New Construction N
Property Type Residential
Association Amenities Underground Utilities
Attached Garage N
Subdivision Name Norris Shores / Tanglewood
Garage Y/N N
Full Baths 2
Status Active
Buyer Financing Conventional
Directions FROM RT 33 & SHARPS CHAPEL RD Intersection: Follow Sharps Chapel Rd for Aprx. 4.6 miles. Turn LEFT on Old Valley Rd. Turn LEFT on Tanglewood Rd. Keep LEFT stay on Tanglewood Rd. Turn RIGHT on to Bal
High School Union County High School
City Sharps Chapel
Senior Community Y/N N
Open Parking Spaces 5
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Sharps Chapel Elementary
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 2226
Middle/Junior High School H Maynard Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 9
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Interior
Interior Amenities Air Filter Ceiling Fan(s) Entrance Foyer High Ceilings Hot Tub Redecorated Smart Camera(s)/Recording Smart Light(s) Smart Thermostat High Speed Internet
Basement Crawl Space
Flooring Wood Tile
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2658
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 2
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Appraiser
Above Grade Finished Area Source Appraiser
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Dock Balcony Smart Camera(s)/Recording Smart Light(s) Smart Lock(s)
Parking Features Concrete Driveway
Lot Features Private Rolling Slope Views Wooded
Water Source Well
Total Parking 5
Lot Size Area 5.3
Building Area Total 2658
Lot Size Acres 5.3
Lot Size Source Assessor
Waterfront Y/N Y
Covered Spaces 0
Other Equipment Air Purifier
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Internal Only
Street Number 1 340
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* Excluded Features
List By
Benchmark Realty, Llc

Broker

James@jamesdaleyhomes.com

Email

Affordability Calculator

$8,036
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,850
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5389296 Elementary School
5215549 Middle School
Union County High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$1,275,000 Listed Price

Map


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340 Parsons Shores Drive, Sharps Chapel, TN, 37866 is a Single Family Home for sale at $1,275,000 with 2,658 sqft and a lot size of 5.3. 340 Parsons Shores Drive has 2 bedrooms, 2.0 baths, and was built in 1997. The property's zip code is 37866 which is in Sharps Chapel, TN