357 Russell Lane new Save Request In-Person Tour Request Virtual Tour
Decatur,TN 37322
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $416
Subdivision Holly Glen Shores
MLS Listing ID 2915948
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1991
Annual Tax Amount $1,369
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 75X188.9IRR
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 potential.
Location
State TN
County Meigs County
Interior
Interior Features Walk-In Closet(s),Primary Bedroom Main Floor
Heating Central,Electric
Cooling Central Air
Flooring Tile,Vinyl,Other
Fireplace N
Appliance None
Exterior
Exterior Feature Dock,Sprinkler System
Utilities Available Electricity Available,Water Available
View Y/N true
View Lake,River,Water,Mountain(s)
Roof Type Asphalt
Private Pool false
Building
Lot Description Sloped,Wooded,Cleared,Views,Cul-De-Sac,Other
Story 2
Sewer Septic Tank
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Meigs South Elementary
Middle Schools Meigs Middle School
High Schools Meigs County High School
Others
Senior Community false