Pat McCollum Can Help You Purchase This Home

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!

605 S Lake Drive, Oneida, 37841

Priced At: $650,000

Property Details for ID: 1316836

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SqFt: 7,576
Price SqFt: $86
Total Bedrooms: 9
Full Baths: 9 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2025-09-28T13:54:35Z
Subdivision: Ponderosa Estates

Public Remarks: 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!

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: 2 Story
Site Built: Yes
Year Built: 1967
Total Rooms: 20
SqFt (Total): 7,576
SqFt (Main Lvl): 6,300
SqFt (Down Lvl): 1,000
Full Baths: 9
1/2 Baths: 1
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished

  Exterior Features

Features: Deck
Construction: Block, Frame

  Appliances

Central Vacuum, Dishwasher, Disposal, Smoke Detector, Other

  Room Dimensions

  Interior Features

Floors: Hardwood, Parquet, Slate, Tile
Other Rooms: Bedroom Main Level, Extra Storage, Mstr Bdrm Main Level
Misc Features: Internet Available, WasherDryer Connect, Whirlpool Tub

  Property Details

Acreages: 3.67
Lot Description: Golf Community, Waterfront Access, Private, Lakefront, Wooded
View: Country Setting, Lake, Lakefront, Wooded

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional, FHA, New Loan, USDARural, VA Loan

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 2
Fireplace Type(s): Brick
Cooling Type(s): Central Cooling, Wall Cooling
Heat Type(s): Central

Garage / Parking

Garage Spaces, Off-Street Parking

  Community Features

Outbuildings


Presented By: / Honors Real Estate Services LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Hwy 63 West to Hwy 27 North-Right to Underpass Drive-Right at the three way stop-Go straight into Ponderosa Est.-Turn left at 605 South Lake Drive-the house shares a drive with other house---go to the last house.



Your commute

( Departing today at 8:00am )


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Four Reasons to Use Pat McCollum

Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

On-Time Guarantee

From showings to closing; we know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.

You Are Valued

We recognize that we are partners with our clients and as such, we strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Professional Staff

We only employ the very best agents and we back them up with the brightest office staff to help insure the highest level of service.