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357 Russell Lane

Decatur, TN 37322
  • $875,000
  • STATUS: Active
  • ON SITE: 257 Days
  • MLS #: 20241085
UPDATED: 79 min ago
$875,000
  • 3
    BEDS
  • 0.35
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,100
    SQFT
  • $417
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1991
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2024 River Counties Multiple Listing Service. All rights reserved. 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 or The Jooma Team | Keller Williams Greater Downtown Realty. Data last updated: 2024-12-02T19:47:24.027.
www.kellyjoomateam.com/homes/148706513
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357 Russell Lane Decatur, TN 37322

  • Price: $875,000
  • Status: Active
  • On Site: 257 Days
  • Updated: 79 min ago
  • MLS #: 20241085
3
Beds
3
Baths
0
½ Baths
0.35
Acres
2,100
SQFT
$417
$/SQFT
1991
Built
Neighborhood:
Holly Glen Shor
County:
Meigs
Elementary School:
Meigs South
Middle School:
Meigs County
High School:
Meigs County
Property Description
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.
Exterior Features

Architectural Style Other Attached Garage YN Yes Body Type [] Carport YN No Construction Materials StoneWood SidingOther Exterior Features DockFire Pit Fencing [] Foundation Details Block Garage YN Yes Levels Two Lot Features WoodedSlopedCul-De-Sac Parking Features DrivewayGarageOff Street Patio And Porch Features CoveredDeckPatio Road Frontage Type County Road Roof Shingle View Lake Waterfront Features [] Waterfront YN Yes

Interior Features

Appliances DishwasherDisposalElectric RangeMicrowaveRefrigerator Basement Finished Below Grade Finished Area 0 Cooling Central Air Cooling YN Yes Dining Room YN Yes Fireplace Features [] Fireplace YN No Flooring HardwoodTileVinyl Heating CentralElectric Heating YN Yes Interior Features Walk-In Closet(s)Pantry Laundry Room YN Yes Rooms Total 10 Window Features []

Property Features

Accessible YN No Association YN No Community Features None Current Use [] Horse Amenities [] Listing Terms CashConventional New Construction YN No Other Equipment [] Other Structures Boat HouseOutbuilding Pool Features None Property Condition Updated/Remodeled Property Sub Type Single Family Residence Road Responsibility [] Security Features [] Sewer Septic Tank Spa Features [] Special Listing Conditions Standard Structure Type Dock Subdivision YN Yes Tax Annual Amount 1202.21 Utilities Electricity Available Water Source Public Within City Limits YN No

Listing provided courtesy of Grace Edrington of Berkshire Hathaway J Douglas Properties: .


© 2024 River Counties Multiple Listing Service. All rights reserved. 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 or The Jooma Team | Keller Williams Greater Downtown Realty. Data last updated: 2024-12-02T19:47:24.027.
 
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The Jooma Team | Keller Williams Greater Downtown Realty
1830 Washington Street
Chattanooga TN, 37408