452 Mariner Point Drive
About This Property
The extensive renovation is one of the defining features of this remarkable property. Major improvements have transformed the home inside and out, combining the character of an established residence with the modern finishes today's buyers appreciate. Significant investments include a new roof, new windows, crawl space encapsulation, beautiful new hardwood flooring, a completely redesigned kitchen with new cabinetry and appliances, and extensively renovated bathrooms. This massive renovation delivers an impressive combination of style, comfort, and long-term value.
The spacious floor plan features 4 bedrooms, 2.5 bathrooms, and multiple living areas, including formal living and dining spaces. One bedroom offers flexibility as a private office or guest room. The owner's suite provides a relaxing retreat with a beautifully updated bathroom featuring a double vanity, soaking tub, and custom tiled shower.
One of the home's most extraordinary features is the expansive 500+ square-foot heated and cooled sunroom overlooking the Clinch River. Surrounded by windows, this incredible space captures breathtaking waterfront views throughout the seasons. Enjoy morning coffee, entertain guests, or simply relax while watching the river flow by. A three-car garage provides generous room for vehicles, boating equipment, hobbies, and storage.
Outside, the waterfront lifestyle truly comes alive. Walk from your backyard to your private TVA-permitted dock, launch a kayak, spend the afternoon fishing, or enjoy an evening cruise along the Clinch River. Imagine weekends boating with family, grilling with friends, and watching the sunset over the water. Here, the river becomes an extension of your backyard.
Conveniently positioned between Clinton and Oak Ridge in Anderson County, this property offers easy access to I-75, Downtown Knoxville, Norris Lake, marinas, shopping, dining, and outdoor recreation.
Finding a waterfront home with a private dock, massive renovation, new roof and windows, encapsulated crawl space, over 3,000 square feet of one-level living, and a three-car garage is a rare opportunity. At 452 Mariner Point Drive, the substantial improvements have already been completed, allowing you to focus on enjoying the East Tennessee waterfront lifestyle.
Buyer to verify all information, including TVA dock permit and transfer requirements, square footage, utilities, school zones, lot boundaries, and water access. Info deemed reliable but not guaranteed.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Listed by Stephenson Realty & Auction | $1,349,900 | |
| Listed by Stephenson Realty & Auction | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017