Home & 5.9 Ac. - Joins Norris Lake

Online Auction

Home & 5.9 Ac. In 2 Tracts - Joins Norris Lake

328 Oak Run Lane, LaFollette, TN 37766

Begins to End Thursday, July 16 @7PM

Auction Begins Thursday, July 2 @ 10AM

There’s probably no cheaper way to get close to Norris Lake than this auction, located within a 5-minute drive from a free Norris Lake boat launch. This unrestricted property has a total of 5.92 acres and is being offered in two tracts.

TRACT 1: 2 bdrm, 2 bath, mobile home with 1.45 acres. The home has approx. 840 sq. ft. of living space, CH&A, and has been remodeled throughout. It comes partially furnished, with all stainless appliances, and would be move-in ready. There is a large front porch as well as a 10’ x 20’ storage building next to the home. The tract has 500 ft. of county road frontage with the driveway on an easy grade.

TRACT 2: 4.47 acres of mostly wooded land joining the 1044 contour of Norris Lake for 403 ft. The property has 435 ft. of county road frontage and is unrestricted. It lays all above the road and currently has access on a 20 ft. ROW along the southern border of Tract 1. The property would have outstanding views and nice building sites at the crest. There is a small access path that has been cut down to Norris Lake.

Tract 1: 2025 Property Taxes: $329   Tax Map: 102  Parcel: 29.00

Warranty Deed Book: 561   Page: 513

Tract 2: 2025 Property Taxes: $468   Tax Map: 094   Parcel: 018

Warranty Deed Book: 551   Page: 845  

NOTE: While there are floating docks in this area of Norris Lake, TVA classifies this area as not eligible for dock permits.

LOCATION:  Hwy 25W, LaFollette, turn on Hunter’s Branch Rd. and travel 1/2 mile to a right on Demory Rd. Go 8/10 mile, bear left on West High Knob Rd. then immediate first left on Oak Run Ln. Travel 4/10 mile to property in right.

TERMS: 10% down within 24 hours of auction completion, balance due upon closing within 40 days. 10% Buyer’s Premium.

AUCTIONEER: Paul Provins   TN LIC#: 4528