Price reduced to $249,900. Rare opportunity to own a versatile income-producing property near Watts Bar Lake. Situated on 3.59 private wooded acres, this unique property includes three permitted, code-compliant residential structures with excellent short-term rental, multi-unit living, or investment potential. Enjoy lake access within walking distance without the high taxes, insurance, and maintenance costs of waterfront ownership. The primary residence (approx. 640 sq ft) is fully framed and ready for completion, offering immediate equity and future expansion possibilities. A fully finished guest residence (approx. 544 sq ft) is move-in ready and ideal for rental income, featuring an open layout, kitchen, bedroom, bath, laundry/pantry area, and covered porch. A third structure (approx. 384 sq ft) provides flexible use as additional living space, studio rental, office, or workshop. Infrastructure includes a 3-bedroom septic system, city water, 200-amp service, cable/internet access, and full RV hookup. Negotiable pre-purchased materials help reduce completion costs. No HOA or deed restrictions. Minutes from Euchee Marina, Fooshee Pass Campground, boat ramps, and boat slip rentals when available. Privacy, flexibility, and strong income potential make this a standout opportunity. Call today..