SALE FELL THRU JUST DAYS BEFORE CLOSING DUE TO BUYER FINANCING FALLING THRU. ATTENTION ALL LAKE LOVERS! ***motivated seller** Nestled on 1.27 acres in the picturesque lake community of Sharps Chapel in beautiful East Tennessee, this charming home offers a perfect blend of comfort and potential to add more basement living space. Whether you're looking for a permanent residence, vacation getaway, or income producing rental this home offers the best of both worlds - a peaceful retreat with easy access to recreational and lake activities. With 1,588 square feet of living space (and approx 988 unfinished basement sq footage), this residence boasts an inviting open-concept design that seamlessly connects the family room, kitchen, and dining area. Step into the family room and be greeted by a vaulted ceiling and a cozy fireplace, creating an ambiance that's perfect for both relaxation and entertainment. The kitchen flows effortlessly into the dining space, making it ideal for hosting gatherings or enjoying family meals. You'll find plenty of cabinets and counter space, as well as a breakfast bar in the kitchen. The primary ensuite, with an oversized closet ,and another bedroom and bathroom grace the main level, while the partially finished basement houses another room currently used as a bedroom. The laundry room is also located on the main level. The finished room in the basement currently serves as a bedroom but could easily serve as a bonus room. The basement holds untapped potential, with approximately 988 unfinished square footage and plumbing already in place for an additional bathroom. Let your imagination run wild with the possibilities this basement space offers! Outdoor enthusiasts will appreciate the 1.27 acres and the front porch, which provides stunning mountain views - perfect for sipping your morning coffee or unwinding after a long day. A screened porch offers relaxing haven for enjoying the outdoors, while the partially fenced yard ensures privacy. Gather around the fire pit area for s'mores and stargazing on crisp evenings. The large, sloping to level yard is a blank canvas for gardening, play, or simply enjoying the great outdoors. Located just minutes from marinas and the lake, this property is a dream for water lovers and nature enthusiasts alike. Use as your permanent home or it would also be a great income producing rental or overnight rental with it's proximity to the lake! Schedule your appointment today and enjoy your life in a true East Tennessee lake community!