2 months on rocket

LOT776 Russell Brothers Rd, Sharps Chapel, TN, 37866

$175,000

0.67 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1274239
Lot Size0.67 Acres
StatusActive

About LOT776 Russell Brothers Rd

Discover your private oasis on the pristine waters of Norris Lake, nestled in the highly sought-after Sunset Bay community. This exceptional western facing waterfront lot is situated on a main channel with year-round deep water. With this property you would have a front row seat view of the lake, the lush landscape of Big Ridge State Park and the most spectacular picturesque sunsets imaginable. Sunset Bay isn't just a place to live—it's a lifestyle. The community boasts top-notch amenities, including a fully equipped gym, clubhouse, private marina, boat launch, tennis/pickleball courts, and neighborhood security, all while maintaining a strong hometown feel. You're just moments away from local favorites like Beach Island Marina (home of Bubba Brews) and Hickory Star Resort and Marina by boat. You can relax and unwind or fill your time with adventures like boating, swimming, kayaking, fishing or paddle boarding. Though the lot offers a wooded grade topography, it's well-suited for expert builders familiar with crafting homes that maximize both the stunning lake views and the natural landscape. This is more than just a property—it's an opportunity to embrace a lifestyle where luxury meets nature. Don't miss your chance to build your dream home or vacation get away in one of East Tennessee's most beautiful settings. Lot 775 next door is also owned by this seller and consideration would be given to offers for both properties. Call to discuss details. With 87 feet of shoreline, this lot is dockable, buyer to verify with TVA. HOA/Building guidelines/restrictions are available at https://www.sunsetbaypoa.com

Property Details

Property Features

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Wooded
  • Lot Size: 0.67 Acres

Other

Directions Information:

  • Directions: From Knoxville: Hwy 33 north over Veterans Bridge and left on Sharps Chapel Rd. Travel approximately 5.7 miles and veer left at the stop sign onto Big Valley Rd. Continue forward and you will see the sign into the Sunset Bay community as the road changes to Russell Brothers Rd. Continue approximately 4.8 miles. Lot is located just beyond 4681 Russell Bros Rd, see the sign on your right. Please do not utilize this private drive for viewing.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000

HOA Fees:

  • Amount: $463
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Sharps Chapel, TN.

Med. Sold Price

$802.5K

Med. Price/SqFt

$251

Avg. Days On Market

103

# of Sold Homes

1

LOT776 Russell Brothers Rd vs Sharps Chapel

81 DAYS ON ROCKET

-22 Days

$175,000

-$627.5K Less

KEY TAKEAWAY

This property is $627.5K less than the Median Sold Price in Sharps Chapel, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1274239

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

IDX 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.

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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.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$979

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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.

Nearby Schools

school-card-donut-412308
5
/10
  • Big Ridge Elementary School

  • 3420 Hickory Valley Rd

  • 3.83 miles

  • Public District Grades PK-5

school-card-donut-412309
5
/10
  • Paulette Elementary School

  • 1001 Maynardville Hwy

  • 7.10 miles

  • Public District Grades PK-5

school-card-donut-412310
6
/10
  • Luttrell Elementary School

  • 241 Tazewell Pike

  • 10.09 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,308. Typical income of Sharps Chapel, TN residents is less than $35k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT776 Russell Brothers Rd

What is the listing price of this property?

The listing price of LOT776 Russell Brothers Rd property is $175,000.

What type of property is this?

The property LOT776 Russell Brothers Rd is land located in Sharps Chapel, Tennessee, 37866.

Is this property for sale now?

Active Listing: LOT776 Russell Brothers Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOT776 Russell Brothers Rd is 0.67 acres.
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Rocket HomesTennesseeUnion CountySharps Chapel37866LOT776 Russell Brothers Rd

This home is located at LOT776 Russell Brothers Rd in Sharps Chapel, TN and zip code 37866 in the Sunset Bay neighborhood. This home sits on a 0.67 acre lot. It has been listed on Rocket Homes since August 25, 2024 and is currently priced at $175,000.

In October 2024 more than 0 listings in Sharps Chapel, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. Between September 2024 and October 2024, Sharps Chapel, TN real estate market has seen decrease in the number of listings by 5.3%. In October 2024 median list price was $802,500 and the average listing age was 103 days.

From Rocket Homes Real Estate and based on county public records data.

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