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$540,000

605 S Lake Drive, Oneida, TN 37841
Oneida, TN 37841
Listed by Jim Stoneburner · Honors Real Estate Services LLC
Bedrooms
9
Bathrooms
9.1
Living area
N/A
Year built
1967

About this home

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!

Highlights

Fireplace

Property details

MLS #
1316836
Property type
Single Family Residence
Subdivision
Ponderosa Estates
Status
Active
Days on market
327
On market date
September 28, 2025
Stories
N/A
Total bathrooms
10
Garage spaces
1
Parking spaces
N/A
Lot size
3.67 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Burchfield Elementary
1.77 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
494
Student:teacher ratio
13.7:1
District
Scott County
Middle
Oneida Middle School
2.21 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
264
Student:teacher ratio
17.6:1
District
Oneida
High
Oneida High School
2.17 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
390
Student:teacher ratio
16.3:1
District
Oneida

Mortgage calculator

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Est. monthly payment
$3,402/mo
$108,000 down
$432,000 loan
Principal & interest$2,802
Property tax (est.)$450
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 20 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.