BJ Can Help You Purchase This Home

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

340 Parsons Shores Drive, Sharps Chapel, 37866

Priced At: $1,499,900

Property Details for ID: 1318712



SqFt: 2,658
Price SqFt: $564
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-20T07:15:38Z
Subdivision: Tanglewood

Public Remarks: 5.3 Acre Lakefront! No HOA or restrictions—rare for Norris Lake! This storybook A-frame retreat offers 2,658 sq ft, 2BR/2BA + large loft (597 sq ft) currently used as an optional primary suite with attached bath, configured to sleep 8. Nestled on 5.3 private acres with 150 ft of year-round waterfront access, enjoy stunning panoramic, undeveloped views of Island F. Renovated in 2023 with refinished cherry hardwoods, full interior/exterior paint, and a striking 2-story stone fireplace with new 2024 remote-control start gas logs. Custom transferable dock includes boat lift, canopy, sun deck, and jet ski port (permit for 2nd). Outdoor living shines with a wraparound deck, hot tub deck, lakefront deck, and large stone fire pit. Proven STR with $80K+/yr potential, offered furnished with optional brand/marketing assets. Additional Property Features: gated secondary drive, shed, cleared build site, and second septic—ideal for expansion or subdividing. Perfect as a primary residence, private lake getaway, or income-producing investment!

Schools Information

Elementary School: Sharps Chapel
Middle / Junior School: H Maynard
High School: Union County

Building Description

Building Style: A-Frame
Type: 1 1/2 Story
Site Built: Yes
Year Built: 1997
Total Rooms: 7
SqFt (Total): 2,658
SqFt (Main Lvl): 1,814
SqFt (2nd Flr Lvl): 844
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Deck, Dock, Doors - Energy Star, Porch - Covered, Window - Energy Star
Construction: Block
Siding: Stone, Vinyl

  Appliances

Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Security Alarm, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Dining Area: Living RmDining Rm
Floors: Hardwood, Tile
Other Rooms: Addl Living Quarter, Bedroom Main Level, Extra Storage, Great Room
Misc Features: Cathedral Ceiling, Hot Tub, Internet Available, Walk-in Shower, WasherDryer Connect

  Property Details

Acreages: 5.3
Lot Description: Waterfront Access, Private, Lakefront, Wooded
View: Lake, Lakefront, Mountain View, Wooded

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, Other

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 1
Fireplace Type(s): Gas Log, Stone
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central, Heat Pump

Garage / Parking

Designated Parking

  Community Features

Outbuildings

Storage Shed
Presented By: / Compass RE

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Knoxville take highway 33 north over Veterans bridge to (L) on Sharps Chapel Road to (L) on Old Valley Road to (L) on Tanglewood to (R) on Bull Run to (R) on Parsons Shores house on (R)



Your commute

( Departing today at 8:00am )
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Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.



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