About 240 Gordon Drive
Lakefront Living with 2 Acres on Watts Bar Lake With NO HOA - Renovated 3BR/2BA Home with Income Potential! ✨Enjoy the best of lakefront living on beautiful Watts Bar Lake! This newly renovated three-bedroom, two-bath home is perfectly situated on a quiet cove, offering peace, privacy, and endless opportunities. PROPERTY HIGHLIGHTS: • Spacious Lot: Enjoy over 2 acres of level, all-grass land with the option to purchase an adjoining lot for even more space. • Turnkey Living: This home is being sold fully furnished - just bring your suitcase! • Income Potential: Already operating as a successful Airbnb/VRBO, the property generates $15,000-$20,000 annually with minimal rentals, with the potential to significantly increase income for an active host. • Outbuildings: Two versatile storage buildings (20x20 and 10x20), with the smaller unit already equipped with power. • Utilities: Private well currently in use (public water tap in place) and high-speed internet already connected to the home. LIFESTYLE & LOCATION: Nestled in a quiet area with serene lake views, this home offers the perfect balance of relaxation and recreation. Whether you're seeking a family getaway, primary residence, or income-generating investment, this property checks all the boxes. 📍 Don't miss this rare opportunity to own a large, level lot with the option to purchase a second adjoining lot (1 acre) — perfect for building an additional home or creating even more rental income. Call today for a showing! *Buyer to verify all information & measurements before making an informed offer*
Features of 240 Gordon Drive
| MLS® # | 3007716 |
|---|---|
| Price | $649,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,498 |
| Acres | 2.00 |
| Year Built | 1971 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 240 Gordon Drive |
|---|---|
| Subdivision | Wallace & Liza True Estate |
| City | Spring City |
| County | Rhea County, TN |
| State | TN |
| Zip Code | 37381 |
Amenities
| Utilities | Electricity Available, Water Available |
|---|---|
| Parking Spaces | 2 |
| # of Garages | 2 |
| Garages | Garage Door Opener, Garage Faces Side |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Kitchen Island |
|---|---|
| Appliances | Dishwasher, Microwave, Range, Refrigerator |
| Heating | Central, Electric, Propane |
| Cooling | Central Air, Ceiling Fan(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 1 |
Exterior
| Lot Description | Other, Cul-De-Sac, Level |
|---|---|
| Construction | Frame, Vinyl Siding, Other, Brick |
School Information
| High | Rhea County High School |
|---|
Additional Information
| Days on Market | 10 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Isham Jones Realty |
|---|