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For sale
  • Price cut: $25K (6/26)
    $550,000

    605 S Lake Dr #A, Oneida, TN 37841

    5beds
    8baths
    7,576sqft
    : 
    $3,353/mo
    Get pre-qualified
    Multi Family
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    $73/sqft
    $-- HOA

    What's special

    Being on the lakeThree-bedroom two-bath main houseFour efficiency apartmentsTwo one-bedroom apartments
    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 an amazing opportunity! Priced below tax appraisal! Call Today for your personal showing
    234 days
    |
    417
    |
    37
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jim Stoneburner 865-296-2732,

    Honors Real Estate Services LLC 865-238-0002

    Source: East Tennessee Realtors,MLS#: 1323587MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      Heating
      • Central, Natural Gas, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator
      Features
      • Flooring: Laminate, Hardwood, Tile
      Interior area
      • Total structure area: 7,576
      • Total interior livable area: 7,576 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street, On Premise Parking
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      Lot
      • Size: 3.67 Acres
      Details
      • Parcel number: 061L B 008.00

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Block, Frame, Other
      Condition
      • Year built: 1967

      Community & HOA

      Community
      • Subdivision: Ponderosa Estates
      Location
      • Region: Oneida

      Financial & listing details

      • Price per square foot: $73/sqft
      • Date on market: 12/5/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Price change$550,000-4.3%$73/sqft
        Source: East Tennessee Realtors #1323587 Report a problem
        6/19/2026Price change$575,000-0.9%$76/sqft
        Source: East Tennessee Realtors #1323587 Report a problem
        6/10/2026Price change$580,000-3.3%$77/sqft
        Source: East Tennessee Realtors #1323587 Report a problem
        5/26/2026Price change$600,000-7.7%$79/sqft
        Source: East Tennessee Realtors #1323587 Report a problem
        12/5/2025Listed for sale$650,000$86/sqft
        Source: East Tennessee Realtors #1323587 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37841

        Getting around

        0 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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