605 S Lake Drive
Oneida, TN 37841 · Ponderosa Estates · Scott County
$525,000
$15,000 price cut · Aug 27
- Beds
- 3
- Baths
- 2.5
- Sq ft
- 2,572
- Acres
- 3.67
- Built
- 1967
Listing courtesy of Honors Real Estate Services LLC · MLS #1316836
Description
Now this is something special! Come see what opportunity looks like in Oneida, TN--close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing!
Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000!
Whatever your heart's desire, this is a once-in-a-lifetime opportunity!
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 2 Story
- Year built
- 1967
- Living area
- 2,572 sq ft
- Bedrooms
- 3
- Bathrooms
- 2 full, 1 half
- Basement
- Finished
- Garage
- 1-car
- Parking
- Off Street
Interior
- Rooms
- Bedroom Main Level, Extra Storage, Mstr Bdrm Main Level
- Flooring
- Parquet, Slate, Tile, Hardwood
- Fireplaces
- 1
- Appliances
- Dishwasher, Disposal
- Features
- Central Vacuum
- Also
- Washer/Dryer Connect, Whirlpool Tub, Internet Available
Exterior
- Construction
- Block, Frame
- Architecture
- Traditional
Land
- Lot size
- 3.67 acres
- Lot
- Wooded, Waterfront, Golf Community, Private, Lake/Water Access
- Views
- Lake, Wooded, Country Setting
- Deed restrictions
- Yes
Utilities
- Water
- Public
- Sewer
- Septic
- Heating
- Central, Natural Gas, Electric
Listing
- MLS #
- 1316836
- Status
- Active
- On market
- 395 days
- Listed
- Sep 28, 2025
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $204
- 2,572 sq ft
Price history
- Aug 27, 2026
- Price cut
- $525,000 −$15,000
- Before
- Listed
- $540,000
Accepted
- Cash
- VA Loan
- Conventional
- FHA
- New Loan
- USDA/Rural
Instant pre-approval
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Answer a few quick questions about your income and expenses by phone, and get pre-approved on the spot.
- Takes 3 minutes
- No credit pull
- Fully automated
- Available 24/7
Location
- Neighborhood
- Ponderosa Estates
- County
- Scott
- ZIP
- 37841
Drive times
- Jamestown 60 min
- LaFollette 60 min
Track this home
Don't miss a price drop.
It already dropped $15,000 on Aug 27. We'll email you when anything changes.
- Price drops
- Status changes
- Open houses
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Listing courtesy of Honors Real Estate Services LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1316836.
