240 Gordon Dr

1,498 Sq. Ft.
$417 / Sq. Ft.
1,498
Sq. Ft.
$417
per Sq. Ft.

Description

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. PROPERTY HIGHLIGHTS:
• Spacious Lot:
...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. 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. • 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. • 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
  1. Listed by Tina Isham • Isham Jones Realty

Property Details for 240 Gordon Drive

Architectural Style
Traditional
Subdivision Name
Wallace & Liza True Estate
View
Country Setting, Lake
Waterfront
No
LISTING UPDATED: 12/01/2025 06:25 PM

Property Details for 240 Gordon Drive

StatusClosed
MLS #3007716
Days on Market30
Taxes$1,222 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1971
Lot Size2.00 AC / 87,120 SF
CountyRhea County

Location

Listing Courtesy of Isham Jones Realty, Tina Isham (931.200.6493)

Sold By Non-Member Office, Non Member Non Member

Add your commute

Building Information for 240 Gordon Drive

Stories1Year Built1971Building Size-Lot Size2.00 AC / 87,120 SF

Payment Calculator

$3,148 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,046

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Gordon Drive

Summary
Location and General Information
  • Directions: From Highway 27 in Spring City: Turn RIGHT onto Rocky Springs Rd. Turn LEFT onto Toestring Valley Rd. Turn RIGHT onto Gordon Rd.
  • High School: Rhea County High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
  • Topography: Other,Cul-De-Sac,Level
Parking
  • Garage Spaces: 2.00
  • Parking Features: Garage Door Opener, Garage Faces Side
  • Parking Total: 2.00
Taxes and HOA Information
  • Tax Lot: 2
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Tile
Lot Information
  • Lot Features: Other, Cul-De-Sac, Level
  • Lot Size Source: Survey
  • Lot Size Units: Acres
  • Parcel Number: 019 01100 000
  • Lot Size Area: 2.0
Property and Assessments
  • Construction Materials: Frame, Vinyl Siding, Other, Brick
  • Documents Count: 7
  • New Construction: No
  • Possession: Immediate
  • Property Attached: No
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Basement: Crawl Space
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling: Yes
  • Heating: Central, Electric, Propane
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace Features: Brick
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Interior Features: Ceiling Fan(s), Kitchen Island
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
Bedroom Information
  • Main Level Beds: 3
Exterior Features
  • Attached Garage: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Type: Kitchen
Room 2
  • Room Features: Utility Room
  • Room Type: Other Room

Property History for 240 Gordon Drive

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Closed

REALTRACS #3007716

$625,000
Nov 28, 2025

Closed

KAARMLS #1317342

$625,000
Nov 25, 2025

Closed (Public Record)

Public Record #1922151441

$625,000
Nov 1, 2025

Contract - Not Showing

REALTRACS #3007716

Nov 1, 2025

Contract - Showing

REALTRACS #3007716

Nov 1, 2025

Contract - Not Showing

KAARMLS #1317342

Oct 2, 2025

Price Change

REALTRACS #3007716

$649,900
Oct 2, 2025

Listed (Active)

KAARMLS #1317342

$649,900
Feb 28, 2022

Closed

KAARMLS #1179340

$408,000
Feb 28, 2022

Closed

Greater Chattanooga Association of REALTORS #1349193

$408,000
Feb 28, 2022

Closed

Greater Chattanooga Association of REALTORS #1349193

$408,000
Feb 2, 2022

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1349193

Feb 2, 2022

Contract - Showing

Greater Chattanooga Association of REALTORS #1349193

Feb 2, 2022

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1349193

Feb 1, 2022

Contract - Not Showing

KAARMLS #1179340

Jan 31, 2022

Listed (Active)

KAARMLS #1179340

$415,000
Jan 31, 2022

Listed (Active)

Greater Chattanooga Association of REALTORS #1349193

$415,000
Jan 31, 2022

Listed (Active)

Greater Chattanooga Association of REALTORS #1349193

$415,000
Oct 19, 2018

Closed

KAARMLS #1052591

$247,500
Aug 13, 2018

Contract - Not Showing

KAARMLS #1052591

Aug 13, 2018

Listed (Active)

KAARMLS #1052591

$247,500
Oct 2, 2013

Withdrawn

Greater Chattanooga Association of REALTORS #1195589

$228,900
Oct 2, 2013

Withdrawn

Greater Chattanooga Association of REALTORS #1195589

$228,900
Sep 13, 2013

Expired

KAARMLS #836298

Aug 5, 2013

Price Change

KAARMLS #836298

$228,900
May 24, 2013

Listed (Active)

Greater Chattanooga Association of REALTORS #1195589

$234,900
May 24, 2013

Listed (Active)

Greater Chattanooga Association of REALTORS #1195589

$234,900
Mar 15, 2013

Listed (Active)

KAARMLS #836298

$234,900
DateEvent & SourcePrice
11/28/2025

Closed

REALTRACS #3007716

$625,000
11/28/2025

Closed

KAARMLS #1317342

$625,000
11/25/2025

Closed (Public Record)

Public Record #1922151441

$625,000
11/01/2025

Contract - Not Showing

REALTRACS #3007716

11/01/2025

Contract - Showing

REALTRACS #3007716

11/01/2025

Contract - Not Showing

KAARMLS #1317342

10/02/2025

Price Change

REALTRACS #3007716

$649,900
10/02/2025

Listed (Active)

KAARMLS #1317342

$649,900
02/28/2022

Closed

KAARMLS #1179340

$408,000
02/28/2022

Closed

Greater Chattanooga Association of REALTORS #1349193

$408,000
02/28/2022

Closed

Greater Chattanooga Association of REALTORS #1349193

$408,000
02/02/2022

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1349193

02/02/2022

Contract - Showing

Greater Chattanooga Association of REALTORS #1349193

02/02/2022

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1349193

02/01/2022

Contract - Not Showing

KAARMLS #1179340

01/31/2022

Listed (Active)

KAARMLS #1179340

$415,000
01/31/2022

Listed (Active)

Greater Chattanooga Association of REALTORS #1349193

$415,000
01/31/2022

Listed (Active)

Greater Chattanooga Association of REALTORS #1349193

$415,000
10/19/2018

Closed

KAARMLS #1052591

$247,500
08/13/2018

Contract - Not Showing

KAARMLS #1052591

08/13/2018

Listed (Active)

KAARMLS #1052591

$247,500
10/02/2013

Withdrawn

Greater Chattanooga Association of REALTORS #1195589

$228,900
10/02/2013

Withdrawn

Greater Chattanooga Association of REALTORS #1195589

$228,900
09/13/2013

Expired

KAARMLS #836298

08/05/2013

Price Change

KAARMLS #836298

$228,900
05/24/2013

Listed (Active)

Greater Chattanooga Association of REALTORS #1195589

$234,900
05/24/2013

Listed (Active)

Greater Chattanooga Association of REALTORS #1195589

$234,900
03/15/2013

Listed (Active)

KAARMLS #836298

$234,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 240 Gordon Drive

Taxable ValueLand$25,000Additions$65,625Total$90,625
Tax Record2024$1,222 ($102 / month)
Home Facts
Beds0Total Finished SqFt1,498 SqFtAbove Grade Finished SqFt1,498 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built1971Year Renovated1995CountyRHEAAPN019 01100Fireplace TypeHas Fireplace

Schools near 240 Gordon Drive

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Spring City Elementary School
PublicPK to 5

Spring City Middle School
Public6 to 8

Rhea County High School
Public9 to 12

Rhea Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Isham Jones Realty, Tina Isham (931.200.6493)

Based on information submitted to the MLS GRID as of 12/01/2025 06:25 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.