440 Swan Pond Cir Rd, Harriman, TN 37748
Listing provided by: Debby Hill · BHHS Dean-Smith Realty
Source: East Tennessee REALTORS® MLS · MLS# 1345410
Listing last updated
About this home
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.
Facts & features
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Half bathrooms: 0
- Heating: Central, Electric
- Cooling: Central Cooling
- Included: Range
- Features: Eat-in Kitchen
- Flooring: Other, Carpet, Vinyl
- Basement: Walkout, Finished
- Total rooms: 6
- Total interior livable area: 1,100 sqft
- Garage spaces: 0
- Size: 1.28 acres · 55,756.8 sqft
- Features: Lake/Water Access, River, Waterfront, Wooded, Irregular Lot, Level, Rolling Slope
- Patio & porch: Deck
- View: Wooded, Lake
- Parcel number: 027 176.00
- Home type: Single Family
- Property subtype: Single Family Residence
- Structure: Basement Ranch
- Architectural style: Cottage
- Materials: Cement, Block
- Year built: 1976
- Sewer: Septic Tank
- Water: Public
- County: Roane County - 31
- MLS area: Roane County - 31
- Region: Harriman
- Price: $359,000
- Price per square foot: $326/sqft
- Annual tax: $707.76
- Listing terms: New Loan
- Date on market: Jun 20, 2026
- Days on market: 106
- Status: Active
- MLS #: 1345410
Location
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