$875,000
Active
40 Days Online
3 Beds3 Baths2,100 SQFT
Active

357 Russell Lane Decatur, TN 37322

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This fully furnished, 3-bedroom, 3-bathroom, home presents an enticing opportunity on the Tennessee River's main channel. Nestled in the Cottonport area, it offers a captivating view of the Tennessee River against the backdrop of majestic mountains. With a spacious 2100 sq ft floor plan, this residence additionally boasts of versatile rooms suitable for guests, an office, or media purposes. Inside, the main level features a galley kitchen, a welcoming living area, a bedroom, and a bathroom. Upstairs, two more bedrooms and a full bath await. The lower level adds to the property's appeal, offering a bar area and separate living spaces. The outdoor amenities are equally enticing, with a spacious covered boat dock complete with a boat lift and ample deck space for hosting gatherings while enjoying the riverfront views. A charming fire pit by the water's edge adds a cozy touch, perfect for watching the sunset after a long day. The property's versatility makes it an ideal primary residence, weekend getaway, or investment property. Notably, this home is currently utilized as a short-term rental, generating an annual gross income exceeding $50, 000, making it an attractive prospect for investors seeking rental income. This property's convenient location provides easy access to Chattanooga and allows for day trips to popular destinations like Gatlinburg, Pigeon Forge, and the Ocoee Rafting Center. Whether as a peaceful residence or a lucrative investment, this Tennessee River home offers a wealth of possibilities. Prospective buyers and investors should conduct thorough due diligence to assess its suitability for their specific needs and aspirations. Look at the phots and call for your private showing.

  • Property TypeSingle Family Home
  • NeighborhoodHolly Glen Shor
  • CountyMeigs
  • Taxes$1,202
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusActive
  • MLS ID Number20241085
  • Home Size Source Owner
  • Year Built1991
  • Lot Size0.35 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Style Other
  • Construction StoneWood SidingOther
  • Parking DrivewayGarageOff Street
  • Sewer Septic Tank
  • Basement Finished
  • Number of Stories 2
  • Acreage 0.35
  • Water Public
  • Property Sub Type Single Family Residence
  • Garage Spaces 2
  • Attached Garage Yes
  • Utilities Electricity Available
  • Foundation Block
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling Central Air
  • Heating CentralElectric
  • Appliances DishwasherDisposalElectric RangeMicrowaveRefrigerator
  • Flooring HardwoodTileVinyl
  • Interior Walk-In Closet(s)Pantry
  • Laundry Features Laundry Room
  • Fireplace No

Exterior Features

  • Roof Shingle
  • View Lake
  • Pool Features None
  • Waterfront Property Yes
  • Exterior DockFire Pit
  • Lot WoodedSlopedCul- De- Sac
  • Patio And Porch CoveredDeckPatio
  • Road Frontage County Road
  • Other Structures Boat HouseOutbuilding

Community Features

  • Community Features None

Schools

School District
Unknown
Elementary School
Meigs South
Middle School
Meigs County
High School
Meigs County

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Monthly Payment (Est.)

$4,737
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