Versatile .48-acre lot located directly across the street from Melton Hill Marina, offering scenic lake views of Melton Hill Lake and exceptional potential for a variety of uses. Zoned for residential or commercial, this property provides a rare opportunity for single-family, multifamily, investment, or small business development in a highly desirable waterfront-adjacent area. Electric and water are available at the road, and the property includes an existing 3-bedroom septic system installed from the previous residence that could be expanded. The gently sloping, wooded setting offers natural privacy while still being conveniently positioned near the marina, lake access, and surrounding amenities. Whether you're looking to build near the water, capitalize on commercial visibility, pursue multifamily development, or secure land in a growing area of Oak Ridge, this property delivers flexibility, location, and long-term potential.