357 Russell Lane, Decatur

$875,000

3 Beds
3 Baths
2,100 Sqft
.35 Acre
0 Garage

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.

Essential Information
MLS® #1388656
Price$875,000
Bedrooms3
Bathrooms3.00
Full Baths3
Square Footage2,100
Acres0.35
Year Built1991
TypeResidential
Sub-TypeResidential
Style2 Story, Site Built
StatusActive
Community Information
Address357 Russell Lane
SubdivisionHolly Glen Shores
CityDecatur
CountyMeigs
StateTN
Zip Code37322
Amenities
UtilitiesSmoke Detector
Garages

Front Loading, Main Level, Off Street Parking

Interior
HeatingCentral, Electric
CoolingCentral, Electric
Has BasementYes
BasementFinished
Interior

Granite Counter Tops, Laundry Room, Pantry, Walk-in Closet, Washer & Dryer Hookup

Appliances

Dishwasher, Disposal, Electric Range - Free Standing, Microwave, Refrigerator, Water Heater - Electric

Exterior
ExteriorMasonry, Siding
WindowsWindows - Vinyl
RoofAsphalt
FoundationBlock
Exterior Features

Dock - Stationary, Out Building, Patio/Deck, Patio/Deck Covered

Lot Description

Cul-De-Sac, Sloping, Wooded, Access Year Round Deep Water

School Information
ElementaryMeigs South Elementary
MiddleMeigs County Middle
HighMeigs County High
Additional Information
HOA FeesN/A
HOA Fees Freq.Not Applicable
LISTING MAP

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Listing Courtesy Of: Berkshire Hathaway HomeServices J Douglas Properties

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This site was last updated on April 27th, 2024 at 8:43pm