NOT LISTED FOR SALE

878 Shanghai Landing Ln Lafollette, TN 37766

4 Beds
7 Baths
5,480 Sq Ft
1.52 Acres

Last Sold June 20, 2024

Last sale price $2,750,000 $502 Per Sq Ft

150 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Boat Ramp
  • 1.52 Acre Lot
  • Deck

About This Home

As of June 2024

There is a stunning new home available for purchase on Norris Lake. This rare property is situated in the gated community of Shanghai Landing and boasts 234 feet of lake frontage on a deep-water cove. Although the construction is still in progress, the home will be ready just in time for the upcoming vacation and rental seasons. With 6 bedrooms, 5 full baths, and 3 half baths, there is ample space for guests. As you step inside this magnificent home, you will be greeted by high ceilings, a fireplace, and large windows overlooking the wooded property and lake. The main area comprises a great room, dining space, kitchen, and large kitchen island. You can also enjoy the serenity of the lake from the four-season room located just outside the kitchen, complete with a gas fireplace. Step outside on the full-length covered deck, the outdoor entertainment area. The upper-level features two master bedrooms, complete with full baths and walk-in closets. The fully finished basement includes an exercise room with a wet bar, a fully wired media room, an activity room for the kids, and a study for those who work from home. The downstairs also features four bedrooms and a bunk room, as well as a full-length deck to enjoy the stunning views of the lake. The property comes with an attached two-car garage, featuring metal ceilings and wall coverings, a storage area for lake toys, an ice maker, and a mechanical room for heating and air. The laundry room comes with two washers, two dryers, and a utility sink making cleaning an easy chore. The property also features a dock with two boat slips and a two-jet ski slot, with a concrete path leading down to the lake and the dock. This home has endless possibilities and is perfect for short-term rental or as a full-time residence. Some of the exciting features of this home include ten-foot ceilings, Trex decking, Anderson Windows, four sliding doors, a wet bar, an ice maker, granite counters, tile showers and tile floors in the bathrooms, mold-resistant sheetrock in the bathrooms, and plenty of storage space. The property is updated weekly, so stay tuned for more exciting features.

Last Agent to Sell the Property

Sarah West

North Cumberland Realty, LLC License #350980 Listed on: 12/05/2023

Last Buyer's Agent

Michele Donovan

Tennessee Home Finders, LLC License #371162

Tennessee Home Finders, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 1.52 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Woods
  • Countryside Views
  • Forest

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 5,480 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Property Available on 12/18/23
  • Assessor Parcel Number 113 b A 048.00

Community Details

Overview

  • The Point At Shanghai Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Boat Ramp

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Directions: Hwy 63 to Hunters Branch, left on Demory Road, left on Shanghai Landing Rd. House is the right at the end of the Road.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2023
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.52
  • Subdivision Name: The Point At Shanghai
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2788.0
  • General Property Description:SqFt - Down Lvl: 2692.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Siding:Wood2: Yes
  • General Property Description:New Construction: Under Construction
  • Misc Features:Wet Bar: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Flooring: Laminate, Tile
  • ResoLivingAreaSource: Plans
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Split Bedroom: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Country Setting, Wooded
  • Lot Features: Cul-De-Sac, Waterfront Access, Lakefront, Lake Access, Wooded
  • Construction Type: Vinyl Siding, Wood Siding, Frame, Other
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • GarageParking:Garage Door Opener: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Lake Access2: Yes

Lot Info

  • Lot Size Sq Ft: 66211.2
  • Parcel #: 113 b A 048.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-12-18

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $2,750,000 -1.6% $502 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $2,795,000 -1.6% $510 / Sq Ft
05/01/2024 05/01/24 Price Changed $2,840,000 -0.4% $518 / Sq Ft
12/18/2023 12/18/23 For Sale $2,850,000 -- $520 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1247390

East Tennessee REALTORS® MLS