Luxury Norris Lake waterfront living meets turnkey vacation rental potential in this fully furnished lake home in Caryville, Tennessee. Designed for effortless lakefront living and entertaining, this exceptional property features sweeping Norris Lake views, a private two-level boat dock, residential elevator, private tram to the water, expansive covered decks, and multiple indoor and outdoor gathering spaces. Offered fully furnished and currently configured to accommodate large groups, the home is equally suited as a luxury primary residence, second home, family lake retreat, or investment property. The light-filled main level welcomes you with soaring vaulted ceilings, an open-concept floor plan, and expansive windows showcasing beautiful lake views. The spacious kitchen is centered around a large island and features stainless steel appliances, generous cabinetry, and seamless flow into the dining and living areas. A striking stone fireplace anchors the great room, while glass doors open to a covered lakeside deck perfect for outdoor dining, morning coffee, or evenings overlooking Norris Lake. Two spacious primary suites are located on the main level, each offering a private ensuite bath with double vanities and walk-in showers, generous closet space, and direct access to the deck. A powder room and convenient main-level laundry closet complete this floor. The lower level is designed for entertaining and extended stays, featuring a spacious second living area, game space, wet bar/kitchenette, additional storage, and direct access to another covered lakefront deck. An additional bedroom with a private ensuite bath is located on this level, along with a versatile office/flex room featuring its own ensuite bath, currently furnished with bunk beds and utilized as additional sleeping space. Each bedroom offers direct access to the covered lakefront decks through sliding glass doors, extending the living space outdoors and making the most of the Norris Lake views. A residential elevator provides convenient access between levels, an especially desirable feature in a multi-level lake home. The lower-level space housing the elevator was previously utilized as an additional laundry room, and washer and dryer hookups remain in place, allowing the space to be converted back to laundry use if desired. Outside, experience the Norris Lake lifestyle from your own private waterfront setting. A private tram provides convenient access from the home to the two-level boat dock, offering ample space for relaxing by the water, storing lake toys, and enjoying direct access to Norris Lake. Cove Norris residents also enjoy access to a private neighborhood boat ramp. Conveniently located less than 10 minutes from I-75 and approximately one mile by boat from Twin Cove Marina and Mountain Lake Marina. This Caryville lakefront property offers both privacy and convenient access to boating, marinas, dining, recreation, and the best of East Tennessee lake life. The home is offered fully furnished and features a private two-level dock with boat lift, residential elevator, expansive decks, multiple entertaining spaces, and a layout designed to accommodate larger groups. This luxury Norris Lake waterfront home is an exceptional opportunity as a primary residence, second home, vacation property, or income-producing short-term rental investment.