$650,000

605 S Lake Drive, Oneida, TN 37841

  • 9 beds |
  • 10 baths |
  • 7,576 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon3.67acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $86/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is a once-in-a-lifetime opportunity!

Listing Status:
Active
Date Added:
September 28, 2025 at 05:00AM
Listing Office:
Honors Real Estate Services LLC : 865-238-0002
MLS ID:
1316836
  • General: Central Vacuum
  • Appliances: DishwasherDisposalOther
  • Basement: Finished
  • Flooring: ParquetSlateTileHardwood
  • A/C: Central AirWall Unit(s)
  • Heating: CentralElectric
  • Fireplace: BrickFireplaceFireplaces: 2
  • Style: Traditional
  • Parking: Off Street
  • General: BlockFrame
  • Originating MLS: East Tennessee REALTORS® MLS
  • County: Scott County - 36
  • Zoning: 061L B 008.00
  • View: LakeWoodedCountry Setting
  • Water: Public
  • Sewer: Septic Tank
  • Source: East Tennessee REALTORS® MLS

This listing courtesy of Honors Real Estate Services LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Burchfield Elementary School

1112 W 3rd Ave, Oneida, TN, 37841

Grades PK-8

1.76 miles away

B

Burchfield Elementary School

1112 W 3rd Ave, Oneida, TN, 37841

Grades PK-8

1.76 miles away

S

Scott High School

400 Scott High Dr, Huntsville, TN, 37756

Grades 9-12

4.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.