440 Swan Pond Cir Rd, Harriman, TN 37748

$359,000
3
BD
1
BA
1,100
SqFt

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List Price
$359,000
Price Change
▼ $40,000 1786403426
MLS#
1345410
Status
ACTIVE
Type
Single Family Residential
City
Harriman
County
Roane
Bedrooms
3
Bathrooms
1
Living Area
1,100
Year Built
1976
Occupancy
Either

Property Description

Unlock a rare riverfront investment opportunity on 1.28 acres with more than 320 feet of shoreline along the Emory River/Watts Bar Lake. With two physical addresses and the potential to subdivide into two separate lots, this property offers multiple paths for value creation. The existing 1,200 SF site-built cottage with a full basement provides immediate usability and rental potential. The main level includes 3 bedrooms and 1 bath, a functional galley kitchen, and a bright living room. The lower level adds a family room, a third bedroom, and an oversized laundry/storage area with walk-out access--ideal for tenants, guests, or future expansion. The land itself is the true asset: gentle topography, wide shoreline, and flexible development options. Investors can hold and rent, build a new riverfront home, create a multi-generational layout, or divide the property to maximize long-term return. Waterfront parcels with this level of versatility are increasingly scarce on Watts Bar. Whether you're seeking a cash-flowing rental, a redevelopment project, or a strategic land hold, this property delivers exceptional potential and multiple exit strategies. This property is part of an estate and will be sold as-is with no warranty.

Additional Information

Acres
1.28
Appliances
Range
Basement
Yes
Construction
Block, Cement Siding
Cooling
Central Air
Floors
Carpet, Other, Vinyl
Living Area
1,100
Lot Description
Wooded, Waterfront, Rolling Slope, Irregular Lot, River, Lake/Water Access
Style
Cottage
View
Lake, Wooded
Year Built
1976

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Calculator source: Real Geeks

Agent: Debby Hill |

Office: BHHS Dean-Smith Realty |