Price Reduction - Water Views - Golf Course - Primary on Main
Address
605 S Lake Drive, Oneida, TN
Price
$ 525,000
Property Attributes
  • MLS#1316836
  • TypeSingle Family
  • Listing Status Active
  • CountyScott
  • CityOneida
  • AreaScott County
  • NeighborhoodPonderosa Estates
  • Zip37841
  • StyleTraditional
  • Year Built1967
  • Taxes$ 5233
  • Price$ 525,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms1
  • Sqr Footage7576
  • Lot Size3.67 Acres
Data Source:
Knoxville MLS (KAAR)
Property 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!

Price History
2/20/2026 Listed $650,000
5/26/2026 8$600,000
6/10/2026 3$580,000
6/19/2026 1$575,000
6/26/2026 4$550,000
8/7/2026 2$540,000
8/27/2026 3$525,000

General Features

Sewer Septic Tank
Heating Central,Natural Gas,Electric
Cooling Wall Cooling,Central Cooling
Appliances Dishwasher,Disposal,Other
Garage Spaces 1
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Block,Frame
Year Built 1967
View Country Setting,Wooded,Lake
Property Subtype Single Family Residence
County Scott County - 36
Property Type Single Family
Attached Garage false
Subdivision Name Ponderosa Estates
Total Rooms 20
Full Baths 9
Status Active
Directions Hwy 63 West to Hwy 27 North-Right to Underpass Drive-Right at the three way stop-Go straight into Ponderosa Est.-Turn left at 605 South Lake Drive-the house shares a drive with other house---go to the last house.
City Oneida
MLS Area Scott County - 36
Lot Size Units Acres
Lot Size Square Feet 159865.2
Property Attached Y/N false
MLS Area Minor Scott County - 36
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
New Financing New Loan true

Interior Features

Interior Amenities Central Vacuum
Basement Finished
Flooring Hardwood,Parquet,Tile,Slate
Total Fireplaces 2
Fireplace Features Brick
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 9
Total Baths 10

Exterior Features

Parking Features Off-Street Parking
Lot Features Lake/Water Access,Private,Waterfront,Wooded,Golf Community
Water Source Public
Lot Size Area 3.67
Building Area Total 7576
Lot Size Acres 3.67
Frontage Type Lakefront
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37841

Price
AVG $1.57M
$530K
Taxes
AVG $3,196
$5,233
Year Built
AVG 1988
1967

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