Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Nelson Realtors
Property view
Listing view 2
Listing view 3

240 Gordon Drive, 
Spring City, TN 37381

$649,900


3

Beds


2

Baths


1,498

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Tina Isham

Isham-Jones Realty

931-994-0022

Last updated:

October 15, 2025, 02:55 PM

MLS#

1317342

Source:

TN KAAR

About This Home

240 Gordon Drive

Lakefront Living with 2 Acres on Watts Bar Lake With NO HOA - Renovated 3BR/2BA Home with Income Potential! ✨Enjoy the best of lakefront living on beautiful Watts Bar Lake! This newly renovated three-bedroom, two-bath home is perfectly situated on a quiet cove, offering peace, privacy, and endless opportunities. PROPERTY HIGHLIGHTS: • Spacious Lot: Enjoy over 2 acres of level, all-grass land with the option to purchase an adjoining lot for even more space. • Turnkey Living: This home is being sold fully furnished - just bring your suitcase! • Income Potential: Already operating as a successful Airbnb/VRBO, the property generates $15,000-$20,000 annually with minimal rentals, with the potential to significantly increase income for an active host. • Outbuildings: Two versatile storage buildings (20x20 and 10x20), with the smaller unit already equipped with power. • Utilities: Private well currently in use (public water tap in place) and high-speed internet already connected to the home. LIFESTYLE & LOCATION: Nestled in a quiet area with serene lake views, this home offers the perfect balance of relaxation and recreation. Whether you're seeking a family getaway, primary residence, or income-generating investment, this property checks all the boxes. 📍 Don't miss this rare opportunity to own a large, level lot with the option to purchase a second adjoining lot (1 acre) — perfect for building an additional home or creating even more rental income. Call today for a showing! *Buyer to verify all information & measurements before making an informed offer*

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1971

Price Summary

649,900

$433 per Sq. Ft.

MLS #:

1317342

Last Updated:

October 15, 2025, 02:55 PM

Added:

14 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,498 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,498 Sq. Ft.

Year Built:

1971


Lot

Lot Size (Sq. Ft):

87,120


Finances & Disclosures

Finances

Price:

$649,900

Price per Sq. Ft:

$433 per Sq. Ft.

Source:TN KAAR
The information being provided by East Tennessee REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 East Tennessee REALTORS® All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.