About This Home

This 3-bedroom, 3-bathroom single family at 605 S Lake Drive in Oneida, TN is listed for $525,000 ($204 per sqft). Built in 1967, the home offers 2,572 sqft of living space on a 3.67 acres lot.

Key Features

  • Built in 1967
  • 3.67 acre lot
  • Fireplace

Property Details

2 full, 1 half
1-car garage
1967

Amenities

FireplaceViewHardwoodA/C
Listing 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!

Monthly Cost Estimate

$2,808/mo

20% down · 6.5% · 30 years

Principal$380
Interest$2,275
Insurance$153

Estimates only. Actual payments may vary.

Location

605 S Lake Drive

Oneida, TN 37841

Ponderosa Estates

Features & Amenities

Interior Features

Central Vacuum

Property Details

Flooring

TileParquet WoodSlateHardwood

Construction

Block Frame

Views

Lake

Outdoor Features

Deck

Parking

Off Street

Heating

Electric (Heating)Natural GasCentral

Cooling

Wall Unit(s)Central Air

Appliances

DishwasherDisposal

Questions & Answers

This 3-bedroom, 3-bathroom single family at 605 S Lake Drive is listed at $525,000 ($204/sqft). The estimated monthly payment is $2,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 3.67 acre lot, Fireplace. Interior Features: Central Vacuum.

This property is listed by Jim Stoneburner and can be reached at 8652962732.

JS

Jim Stoneburner

Agent at Honors Real Estate Services

(865) 296-2732
Agent website

Listed by Honors Real Estate Services · Broker phone: (865) 238-0002 · View on Broker Site · Broker website

MLS# 1316836· Source: East Tennessee Realtors®· 284 days on PropertySimple

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

605 S Lake Drive, Oneida, TN 37841

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