878 Shanghai Landing Lane, Lafollette, TN 37766

$2,795,000 Asking Price

4 beds
7 baths
5,480  sqft
Built in 2023

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.

Features & Amenities

Interior

General:
Cathedral Ceiling(s), Island in Kitchen, Pantry, Walk-In Closet(s), Wet Bar, Eat-in Kitchen
Appliances:
Dishwasher, Smoke Detector, Refrigerator, Microwave
Basement:
Finished, Walkout
Flooring:
Laminate, Tile
A/C:
true, Central Cooling, Ceiling Fan(s)
Heating:
true, Central, Electric
Fireplace:
Gas Log, Fireplace, Fireplaces: 2

Exterior

General:
Porch - Covered, Deck
Style:
Contemporary
Parking:
Garage Door Opener

Construction

General:
Vinyl Siding, Wood Siding, Frame, Other

Location

HOA Amenities:
500.0, Yearly
Originating MLS:
East Tennessee REALTORS® MLS
County:
Campbell County - 37

Lot

Zoning:
113 b A 048.00
View:
Country Setting, Wooded

Utilities

Water:
Public
Sewer:
Septic Tank

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
North Cumberland Realty, LLC

About La Follette, TN

Housing

Number of Units
9,745
Median Home Value
$113,227
Median Rent
$442

37.64% of housing units are renter occupied.

21.60% are vacant.

Commute

Car
74.19%
Public Transportation
0.00%
Walk to Work
0.27%
Work from Home
25.51%
Other
0.03%

The median travel time to work is 25 minutes.

People

Population
18,574
Median Age
44.10
Median Household Size
2.61

Education

High School
40.65%
Associate’s Degree
4.85%
Bachelor’s Degree
8.03%
Graduate Degree
3.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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