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Active 327 days on market

605 S Lake Drive A

Oneida, TN 37841 · Ponderosa Estates · Scott County

$525,000

$15,000 price cut · Aug 27

Sq ft
7,576
Acres
3.67
Built
1967

Listing courtesy of Honors Real Estate Services LLC · MLS #1323587

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 an amazing opportunity!

Priced below tax appraisal!

Call Today for your personal showing

Details

Home

Type
Residential Income
Year built
1967
Living area
7,576 sq ft
Garage
1-car
Parking
On Premise Parking, Off Street

Interior

Rooms
Addl Living Quarter, Mstr Bdrm Main Level
Flooring
Hardwood, Laminate, Tile
Appliances
Refrigerator

Exterior

Construction
Block, Frame

Land

Lot size
3.67 acres

Utilities

Heating
Central, Electric, Natural Gas

Listing

MLS #
1323587
Status
Active
On market
327 days
Listed
Dec 5, 2025
Finances
Property tax
City + county
Inside city limits
HOA
None
No association dues
Price per sq ft
$69
7,576 sq ft

Price history

Aug 27, 2026
Price cut
$525,000 −$15,000
Before
Listed
$540,000

Accepted

  • Cash
  • Conventional

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Call (865) 535-7119
Location
Neighborhood
Ponderosa Estates
County
Scott
ZIP
37841

Drive times

  • Jamestown 60 min
  • LaFollette 60 min
Approximate, by road

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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 # 1323587.