240 Gordon Drive, Spring City, TN 37381

• 3 beds |
• 2 baths |
• 1,498 sqft

Property Description

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*

Listing Status:

Pending

Date Added:

October 2, 2025 at 05:00AM

Listing Office:

Isham-Jones Realty : 931-994-0022

MLS ID:

1317342

Interior

• General: Eat-in KitchenBreakfast BarKitchen Island
• Appliances: DishwasherMicrowaveRangeRefrigeratorGas Range
• Basement: Crawl Space
• Flooring: TileLuxury Vinyl Plank
• A/C: Ceiling Fan(s)Central Air
• Heating: CentralPropaneElectric
• Fireplace: BrickFireplaceFireplaces: 1

Exterior

• General: DockStorage
• Style: Traditional
• Other Structures: Storage
• Parking: AttachedMain LevelOff StreetGarage Door OpenerGarage Faces Side

Construction

• General: FrameBrickVinyl SidingWood Siding

Location

• Originating MLS: East Tennessee REALTORS® MLS
• County: Rhea County - 42

Lot

• Zoning: 019 011.00
• View: LakeCountry Setting

Utilities

• Water: PublicWell
• Sewer: Septic Tank

Financial

• Source: East Tennessee REALTORS® MLS

This listing courtesy of Isham-Jones Realty