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Sold for $2,750,000
  • $2,750,000

    878 Shanghai Landing Ln, La Follette, TN 37766

    4beds
    5,480sqft
    Single Family Residence
    Built in 2023
    1.52 Acres Lot
    $3,476,700 Zestimate®
    $502/sqft
    $4,821 Estimated rent

    Home value

    $3,476,700

    $3.09M - $3.96M

    $4,821/mo

    Zestimate® history
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    What's special

    Gas fireplaceExercise roomGreat roomStorage areaActivity roomPlenty of storage spaceOutdoor entertainment area
    There is a stunning new home available for purchase on Norris Lake. This rare property is situated in the gated community of Shanghai Landing and boasts 234 feet of lake frontage on a deep-water cove. Although the construction is still in progress, the home will be ready just in time for the upcoming vacation and rental seasons. With 6 bedrooms, 5 full baths, and 3 half baths, there is ample space for guests. As you step inside this magnificent home, you will be greeted by high ceilings, a fireplace, and large windows overlooking the wooded property and lake. The main area comprises a great room, dining space, kitchen, and large kitchen island. You can also enjoy the serenity of the lake from the four-season room located just outside the kitchen, complete with a gas fireplace. Step outside on the full-length covered deck, the outdoor entertainment area. The upper-level features two master bedrooms, complete with full baths and walk-in closets. The fully finished basement includes an exercise room with a wet bar, a fully wired media room, an activity room for the kids, and a study for those who work from home. The downstairs also features four bedrooms and a bunk room, as well as a full-length deck to enjoy the stunning views of the lake. The property comes with an attached two-car garage, featuring metal ceilings and wall coverings, a storage area for lake toys, an ice maker, and a mechanical room for heating and air. The laundry room comes with two washers, two dryers, and a utility sink making cleaning an easy chore. The property also features a dock with two boat slips and a two-jet ski slot, with a concrete path leading down to the lake and the dock. This home has endless possibilities and is perfect for short-term rental or as a full-time residence. Some of the exciting features of this home include ten-foot ceilings, Trex decking, Anderson Windows, four sliding doors, a wet bar, an ice maker, granite counters, tile showers and tile floors in the bathrooms, mold-resistant sheetrock in the bathrooms, and plenty of storage space. The property is updated weekly, so stay tuned for more exciting features.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah West 423-539-3393,

    North Cumberland Realty, LLC

    Bought with:

    Michele Donovan, 371162

    Tennessee Home Finders, LLC

    Source: East Tennessee Realtors,MLS#: 1247390MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 7
    • Full bathrooms: 4
    • 1/2 bathrooms: 3
    Rooms
    • Room types: Bonus Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    Features
    • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Wet Bar, Eat-in Kitchen, Bonus Room
    • Flooring: Laminate, Tile
    • Basement: Walk-Out Access,Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 5,480
    • Total interior livable area: 5,480 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Garage spaces: 2
    Features
    • Has view: Yes
    • View description: Country Setting, Trees/Woods
    • Waterfront features: Lake/Water Access, Lake Front
    • Frontage type: Lakefront
    Lot
    • Size: 1.52 Acres
    • Features: Cul-De-Sac, Wooded
    Details
    • Parcel number: 113 b A 048.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Siding, Frame, Other
    Condition
    • Year built: 2023

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Security: Gated Community, Smoke Detector(s)
    • Subdivision: The Point At Shanghai
    HOA
    • Has HOA: Yes
    • HOA fee: $500 annually
    Location
    • Region: La Follette

    Financial & listing details

    • Price per square foot: $502/sqft
    • Date on market: 12/18/2023
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/20/2024Sold$2,750,000-1.6%$502/sqft
    Source: East Tennessee Realtors #1247390 Report a problem
    5/17/2024Pending sale$2,795,000$510/sqft
    Source: East Tennessee Realtors #1247390 Report a problem
    5/2/2024Price change$2,795,000-1.9%$510/sqft
    Source: East Tennessee Realtors #1247390 Report a problem
    12/18/2023Listed for sale$2,850,000$520/sqft
    Source: East Tennessee Realtors #1247390 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37766

    Nearby schools

    GreatSchools rating