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605 S Lake Dr, Oneida, TN, 37841

9beds
10baths
7,576sqft
$550,000
$73price/sqft
$4,089/moest. monthly cost
$163,560/yrincome needed

About This Home

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!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

5/10
Huntsville Middle SchoolGrades 5-85.2 mi
3/10
Scott High SchoolGrades 9-124.9 mi
4/10

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Frame,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 10
  • Full bathrooms: 9
  • 1/2 bathrooms: 1

Features

  • Central Vacuum
  • Flooring: Wood,Parquet,Slate,Tile
  • Number of fireplaces: 2
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Natural Gas
  • Cooling features: Wall/Window Unit(s),Central Air

Interior Area

  • Total structure area: 7,576
  • Total interior livable area: 7,576 sqft

Property

Details

  • Parcel number: 061L B 00800 000
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 2
  • Patio & porch: Deck
  • On waterfront: Yes
  • Waterfront features: River Front
  • Topography of land: Other,Private,Wooded

Lot

  • Lot size: 3.67 Acres
  • Features: Other,Private,Wooded

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Inland Flooding
Ice Storm
Landslide

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance $506$6,072
Property Taxes $187$2,244
Electricity $615$7,386
Total$4,089$49,068

Income You'd Need if You Spent...

35% on housing$140,194/yr
40% on housing$122,670/yr
45% on housing$109,040/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 37841$153
Scott County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 37841
Scott County$155

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-28Listed for sale$650,000
2025-01-30Listing removed$615,000
2024-10-25Price change$615,000
2024-07-01Price change$630,000
2024-04-29Price change$644,000
2024-03-06Listed for sale$650,000
2023-08-14Listing removed$762,500
2023-07-15Price change$762,500
2023-04-27Listed for sale$799,900
2019-06-10Sold$192,000
2011-07-27Listing removed$250,000
2011-01-29Listed for sale$250,000
2010-08-04Listing removed$260,000
2009-11-25Price change$260,000
2009-11-16Listed for sale$325,000
2009-01-22Listing removed$325,000
2008-04-18Listed for sale$325,000
2005-10-13Sold$125,000

For Sale by Agent

AgentJim Stoneburner
BrokerageHonors Real Estate Services LLC

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