TN > Decatur > Holly Glen Shores
Decatur, TN 37322,357 Russell Lane
Decatur, TN 37322,357 Russell Lane
Decatur, TN 37322,357 Russell Lane
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Listed by Grace Edrington • Berkshire Hathaway HomeServices J Douglas Prop.
$875,000
Est. payment /mo
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3 Beds
3 Baths
2,100 SqFt
Active

357 Russell Lane Decatur, TN 37322

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Genovations Realty

Genovations Realty

+1(615) 487-0300

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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

Year Built 1991

Annual Tax Amount $1,369

Lot Size 0.350 Acres

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

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

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Genovations Realty

Company Site | License ID: 265029

+1(615) 487-0300

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357 Russell Lane