605 S Lake Drive, Oneida, TN 37841 (MLS# 1316836)

605 S Lake Drive, Oneida, TN 37841

$525,000
Property Type: Single Family Bedrooms: 3 Square Footage: 2,572 Lot Size (sq. ft.): 159,865 Status: Active
Current Price: $525,000 List Date: 9/28/2025 Last Modified: 9/25/2026

Overview

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!

Listing Details MLS# 1316836

Location Tax Legal Info

House #
605
St Dir
S
Street Name
Lake
St Suffix
Drive
State/Province
TN
Zip Code
37841
PIN #
061L B 008.00
Subdivision
Ponderosa Estates

Contract Info

Auction Y/N
No
Listing Price
525000

General Property Description

Type
2 Story
Acres
3.67
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
2572
SqFt - Main Lvl
2572
SqFt - Down Lvl
1000
# Bedrooms
3
Baths - Full
2
Baths - 1/2
Yes
# of Rooms
20
Fireplace
Yes
# Fireplace
Yes
Property Status
N/A
HOA
No
Year Built
1967
Bonus Room
Yes
Extra Storage
Yes

Status Change Info

Status Change Date
2025-09-28

More Information

Property Features

Style: Traditional Construction: Block; Frame Basement: Finished Lot Description: Golf Community; Lake/Water Access; Private; Waterfront; Wooded View: Country Setting; Lake View; Lakefront; Wooded Fireplace: Brick Floors: Hardwood; Parquet; Slate; Tile Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling; Wall Cooling Appliances: Central Vacuum; Dishwasher; Disposal; Smoke Detector; Other Sewer: Septic Tank Water: Public Other Rooms: Bedroom Main Level; Extra Storage; Mstr Bdrm Main Level Misc Features: Internet Available; Washer/Dryer Connect; Whirlpool Tub Exterior Features: Deck Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; USDA/Rural; VA Loan
IDX
Listing Office: Honors Real Estate Services LLC
Last Updated: September - 25 - 2026
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