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357 Russell Lane

Decatur, TN 37322
  • $875,000
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: 1388656
UPDATED: 34 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:
Area:

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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357 Russell Lane Decatur, TN 37322

  • Price: $875,000
  • Status: Active
  • On Site: 209 Days
  • Updated: 34 min ago
  • MLS #: 1388656
3
Beds
3
Baths
0
½ Baths
0.35
Acres
2,100
SQFT
$417
$/SQFT
1991
Built
Neighborhood:
Holly Glen Shores
County:
Meigs
Area:
Decatur
Elementary School:
Meigs South Elementary
Middle School:
Meigs County Middle
High School:
Meigs County High
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

Attached Garage YN No Carport YN No Construction Materials BrickStoneOther Exterior Features Dock - Stationary Exterior Features Dock Stationary Yes Foundation Details Block Garage YN Yes Lot Features Cul-De-SacSlopedWoodedOther Lot Features Wooded Yes Other Structures Outbuilding Parking Features Garage Faces FrontKitchen LevelOff Street Patio And Porch Features CoveredDeckPatio Roof Asphalt Roof Asphalt Yes Structure Type Free Standing Building View YN No Waterfront YN No

Interior Features

Appliances RefrigeratorMicrowaveFree-Standing Electric RangeElectric Water HeaterDisposalDishwasher Basement Finished Basement YN Yes Building Area Total 2100 Cooling Central AirElectric Cooling YN Yes Fireplace YN No Flooring HardwoodTileVinyl Heating CentralElectric Heating YN Yes Interior Features Granite CountersOpen FloorplanPantryPrimary DownstairsSeparate ShowerTub/shower ComboWalk-In Closet(s) Laundry Features Electric Dryer HookupGas Dryer HookupLaundry RoomWasher Hookup Levels Two Rooms Living Room (First Level) Den (Basement Level) Primary Bedroom (First Level) Bedroom (Second Level) Bedroom (Second Level) Laundry (Basement Level) Bathroom (First Level) Bathroom (Second Level) Bathroom (Basement Level) Window Features Vinyl Frames

Property Features

Additional Parcels YN No Association YN2 No Auction YN2 No Grazing Permits BLMYN No Grazing Permits Private YN No Listing Terms CashConventionalOwner May Carry New Construction YN No Property Sub Type Single Family Residence Security Features Smoke Detector(s) Senior Community YN No Sewer Septic Tank Structure Type Free Standing Building Yes Tax Annual Amount 1202.21 Utilities Cable AvailableElectricity AvailablePhone Available Water Source Public

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Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Berkshire Hathaway HomeServices J Douglas Properties: 423-498-5800.



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Denise Murphy with Keller Williams Realty
5008 Austin Road
Hixson TN, 37343