$630,000
Log home on a protected cove
4 bd2 ba
1,100 sqft
120 ft shore
Crib dock with lift
$5,250/ft
Log home on a protected cove on Norris Lake. Roughly 300 feet of owned shoreline on 4.08 acres, with 5 bedrooms across 2,100 square feet. Crib dock with lift. Water clarity on Norris Lake averages around 20 feet and the lake is classified managed for water level. Dock and shoreline work fall under TVA Section 26a. This is a sample listing used to demonstrate the platform.
| Down payment | $123,000 |
| Closing costs (est. 2.4%) | $14,760 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $141,010 |
| Principal & interest | $38,884 |
| Property taxes | $7,240 |
| Hazard insurance | $2,583 |
| Flood insurance | $2,400 |
| Utilities | $2,835 |
| Maintenance reserve (1.1%) | $6,765 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $1,800 |
| Total | $64,937 |