Completely furnished and turn-key, this beautiful 3 bedroom, 2.5 bath townhome on Watts Bar Lake is ready for you to walk in and immediately start enjoying lake life. Whether you're looking for a short-term rental investment, weekend getaway, or full-time residence, this property offers the perfect blend of comfort and convenience.
The home includes a deeded boat slip with year-round water under the dock, making it easy to spend your days boating, fishing, and enjoying everything Watts Bar Lake has to offer.
Inside, the open floor plan is ideal for entertaining, featuring a spacious living area and a large kitchen island that creates the perfect gathering space for family and friends after a day on the water. The primary suite offers a walk-in tile shower with easy access and a private covered porch off the master with peaceful lake views.
Step outside to enjoy multiple outdoor living areas, including a back porch and a lower patio, providing plenty of space to relax, grill, and entertain.
The community also offers a huge common area and sandy beach with a designated swimming area, as well as a private boat ramp for Hoover Landing owners giving you even more ways to enjoy the water and soak up the best of lake living.
If you've been dreaming of easy, low-maintenance lake living, this move-in ready townhome makes it simple--just bring your boat and start enjoying beautiful summers on Watts Bar Lake.
For sale
$425,000
1255 New Lake Rd #23, Spring City, TN 37381
3beds
1,680sqft
Est.: Get pre-qualified
Townhouse
Built in 2018
2.41 Acres Lot
$406,800 Zestimate®
$253/sqft
$150/mo HOA
What's special
Completely furnished and turn-keyBack porchWalk-in tile showerOpen floor planLower patioLarge kitchen islandPrimary suite
- 30 days |
- 230 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Ivey Hayes 855-856-9466,
simpliHOM 855-856-9466
Source: Greater Chattanooga Realtors,MLS#: 1533810
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Electric Range, Microwave, Oven, Refrigerator, Washer
- Laundry: Laundry Closet, Electric Dryer Hookup, Inside, Lower Level, Main Level, Washer Hookup
Features
- Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Separate Shower, Tub/shower Combo
- Flooring: Carpet, Luxury Vinyl, Tile
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
- Finished area above ground: 1,680
Property
Parking
- Parking features: Asphalt, Off Street, Kitchen Level
Features
- Levels: Two
- Patio & porch: Deck, Front Porch, Patio, Porch, Rear Porch, Porch - Covered
- Exterior features: Balcony, Barbecue, Boat Slip, Dock, Private Entrance, Dock - Floating
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake, Other, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake, Lake Front
Lot
- Size: 2.41 Acres
- Dimensions: 167.31 x 118.74
- Features: Lake on Lot, Level, Other
Details
- Parcel number: 037b B 00202c004
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Materials
- HardiPlank Type, Other, Stone
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Curbs, Dock, Lake, Sidewalks
- Security: Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Boating, Beach Access, Boat Dock, Boat Slip, Parking
- Services included: Maintenance Grounds, Maintenance Structure
- HOA fee: $150 monthly
Location
- Region: Spring City
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $372,500
- Annual tax amount: $2,199
- Date on market: 5/1/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$406,800
$386,000 - $427,000
$2,249/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $425,000+126.1%$253/sqft |
Source: Greater Chattanooga Realtors #1533810 Report a problem | ||
| 5/24/2019 | Sold | $188,000$112/sqft |
Source:  East Tennessee Realtors #1048856 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,181 | $93,125 |
| 2024 | $2,181 +21.5% | $93,125 +98.5% |
| 2023 | $1,795 +1.3% | $46,925 |
| 2022 | $1,771 +1.9% | $46,925 |
| 2021 | $1,738 +3.3% | $46,925 |
| 2020 | $1,682 +7.7% | $46,925 +1.1% |
| 2019 | $1,562 +64.2% | $46,425 +61.3% |
| 2018 | $951 | $28,775 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37381
Nearby schools
GreatSchools rating
- 7/10Spring City Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- Elementary: Spring City
- Middle: Spring City
- High: Rhea County High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Rhea County
- Spring City
- 37381
- 1255 New Lake Rd Unit 23
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