240 Gordon Drive, Spring City, TN, 37381

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$649,900
22 Days On Site

240 Gordon Drive
Spring City, TN 37381

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,498
SqFt
$434
/SqFt
1971
Built
Subdivision:
Wallace & Liza True Estate
County:
Rhea County - 42
Call Now: 865-850-2117
Is this the listing for you? We can help make it yours.
865-850-2117
240 Gordon Drive240 Gordon Drive240 Gordon Drive240 Gordon Drive
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Monthly Payment (Est.)

$2,965
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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*

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Listing Snapshot
Price 
$649,900
Days On Site 
22 Days
Bedrooms 
3
Inside Area (SqFt) 
1,498 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
2 Acres
Year Built 
1971
MLS® Number 
1317342
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
2
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Parking 
Off StreetGarage Faces SideGarage Door OpenerAttached
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Septic Tank
SqFt Total 
1498
Style 
Traditional
Water Source 
PublicWell
Interior Features
Appliances 
Gas RangeDishwasherMicrowaveRangeRefrigerator
Basement 
Crawl Space
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplaces 
1
Flooring 
Tile
Heating 
CentralPropaneElectric
Interior 
Kitchen IslandBreakfast BarEat-in Kitchen
Bathroom 
Bedroom 2 
Bedroom 3 
Garage 
Kitchen 
Living Room 
Master Bedroom 
Other 
Utility Room 
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Exterior Features
Construction Details 
Vinyl SidingWood SidingBrickFrame
Exterior 
Dock
Frontage 
Lakefront
Lot Features 
Cul-De-SacIrregular LotLevel
Other Structures 
Storage
Patio And Porch 
PatioPorchScreenedDeck
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake FrontLake PrivilegesWaterfront Access
Waterview 
Lake
Community Features
MLS Area 
Rhea County - 42
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Rhea County
Listing courtesy of Tina Isham of Isham-Jones Realty

Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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