Incredibly rare investment opportunity on gorgeous Norris Lake! This listing is for a package of 42 lots in the Shawnee Shores subdivision totaling 19.94 acres. There is so much potential and numerous possibilities for this property- Marina? Campground? Tiny home village? The property is laid out such that ALL of those could happen- simultaneously! Some of the features of this listing include 964 total feet of shoreline, all on the 1020' line; a boat storage business with 60 storage spaces; TVA dock permits for 20 boat slips (10 of which are currently in place); TVA campsite permits for 20 sites; 5 septic tanks. Structures included with the listing are two mobile homes, two boat storage buildings, the 10 slip boat dock and a courtesy boat dock. If you've got lake dreams, there aren't many opportunities like this that come around!
Property Details
Property Features
Listing Office:
Office Name: Loy Johnson Real Estate
Office Phone: (865) 494-7211
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 19.94 Acres
Other
Directions Information:
Directions: From I-75 take exit 134- Caryville/Jacksboro, turn right. Go past Woodson's Mall and turn right on Towe String Rd. Turn left on Indian River Boat Dock Rd. In 0.8 miles turn left on Shawnee Dr. Road ends at tip of peninsula in photos.
Price Information
Listing Price Info
Price Summary:
List Price: $3,800,000
Tax Information:
Annual Amount: $243
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Jacksboro, TN.
This property is $3.4M more than the Median Sold Price in Jacksboro, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1209411
Listing Office:
Office Name: Loy Johnson Real Estate
Office Phone: (865) 494-7211
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19K
Per Month
Principal & Interest
$18.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.4K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Jacksboro Elementary School
164 Jacksboro Elem School Rd
Distance between this listing and this school2.83 miles
Public District Grades PK-6
4
/10
LaFollette Elementary School
195 Myers Ln
Distance between this listing and this school4.02 miles
Public District Grades PK-5
4
/10
Caryville Elementary School
120 Cardinal Ln
Distance between this listing and this school4.63 miles
Public District Grades PK-5
Nearby Schools
5
/10
Jacksboro Middle School
150 Eagle Cir
Distance between this listing and this school3.31 miles
Public District Grades 6-8
1
/10
LaFollette Middle School
1309 E Central Ave
Distance between this listing and this school3.66 miles
Public District Grades 6-8
6
/10
Lake City Middle School
1132 S Main St
Distance between this listing and this school9.23 miles
Public District Grades 6-8
Nearby Schools
3
/10
Campbell County Comprehensive High School
150 Cougar Ln
Distance between this listing and this school1.06 miles
Public District Grades 9-12
7
/10
Anderson County High School
130 Maverick Cir
Distance between this listing and this school12.75 miles
Public District Grades 9-12
5
/10
Jellico High School
141 High School Ln
Distance between this listing and this school16.34 miles
The neighbors living near this home have an average income of $49,393. The most common annual income of people living in Jacksboro, TN is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 896 Shawnee Dr
What is the listing price of this property?
The listing price of 896 Shawnee Dr property is $3,800,000.
What type of property is this?
The property 896 Shawnee Dr is land located in Jacksboro, Tennessee, 37757.
Is this property for sale now?
Active Listing: 896 Shawnee Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $243 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 22, 1993 for $43,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 896 Shawnee Dr in Jacksboro, TN and zip code 37757 in the Shawnee Shores neighborhood. This home sits on a 19.94 acre lot. It has been listed on Rocket Homes since October 19, 2022 and is currently priced at $3,800,000.
In November 2024 more than 1 listings in Jacksboro, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Jacksboro, TN decreased by 8.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $325,500, while the average time on the real estate market was 72 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
NASCAR
NASCAR
Hunting
Monster Trucks
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Ram
Chevrolet
Classic Country
New Country