Rare find—just under 6 acres of unrestricted, build-ready land on quiet Raeanne Drive in Spring City! This beautiful 5.47-acre parcel offers the perfect blend of privacy and convenience with plenty of room to build your dream home, barndominium, or even place a second residence (multi-generational, rental, or guest house—buyer to confirm subdividing/perc tests with Rhea County).
Already partially cleared with a gentle slope, mature hardwoods, and seasonal views—ideal homesite near the front with electric available at the road. Bring your builder, animals, RVs, boats, or tiny-home village plans—no HOA, no restrictions!
Located just 8 minutes from Watts Bar Lake public boat ramps and marinas, 10 minutes to Spring City shopping/dining, and easy commutes to Dayton (20 min), Knoxville (1 hr), or Chattanooga (50 min). Whether you want a private estate, mini-farm, or investment hold, this is East Tennessee acreage at its finest. Survey and topo available. Drive by anytime—sign on property. Don't let this one get away—land this size with zero restrictions is disappearing fast!
Lot/land
Price cut: $12K (5/29)
$60,000
285 Raeanne Dr, Spring City, TN 37381
--beds
0baths
5.47Acres
Land
Built in ----
5.47 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Seasonal viewsQuiet raeanne driveMature hardwoods
- 250 days |
- 147 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Stephanie Howard 865-809-0122,
Engel & Volkers Knoxville 865-221-8601
Source: East Tennessee Realtors,MLS#: 1321257
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 5.47 Acres
- Dimensions: 345 x 690
- Features: Private, Rolling Slope
- Topography: Partially Cleared
Details
- Parcel number: 00402507900
- Zoning description: None
Community & HOA
Community
- Subdivision: Rocky Top Estates 2
Location
- Region: Spring City
Financial & listing details
- Tax assessed value: $19,400
- Annual tax amount: $100
- Date on market: 11/7/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $60,000-16.7% |
Source:  East Tennessee Realtors #1321257 Report a problem | ||
| 5/1/2026 | Price change | $72,000-4% |
Source: East Tennessee Realtors #1321257 Report a problem | ||
| 1/14/2026 | Price change | $75,000-11.8% |
Source: East Tennessee Realtors #1321257 Report a problem | ||
| 11/7/2025 | Listed for sale | $85,000+678.9% |
Source: East Tennessee Realtors #1321257 Report a problem | ||
| 4/1/2011 | Sold | $10,913 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $100 | $4,850 |
| 2024 | $100 | $4,850 |
| 2023 | $100 +10.1% | $4,850 |
| 2022 | $91 +50.8% | $4,850 +92.1% |
| 2021 | $60 | $2,525 |
| 2020 | $60 | $2,525 |
| 2019 | $60 +8.2% | $2,525 |
| 2018 | $56 -0.5% | $2,525 |
| 2017 | $56 -18.8% | $2,525 -17.2% |
| 2016 | $69 +2.1% | $3,050 |
| 2015 | $68 | $3,050 |
| 2014 | $68 | $3,050 |
| 2013 | $68 +7% | $3,050 |
| 2012 | $63 +0.2% | $3,050 |
| 2011 | $63 +11% | $3,050 |
| 2010 | $57 | $3,050 |
| 2009 | $57 +17.7% | $3,050 |
| 2008 | $48 +4.5% | $3,050 +25.9% |
| 2007 | $46 | $2,422 |
| 2006 | $46 +16.6% | $2,422 |
| 2005 | $40 -21.5% | $2,422 |
| 2004 | $50 +9.3% | $2,422 +9.2% |
| 2002 | $46 | $2,217 |
| 2001 | -- | $2,217 -75% |
| 2000 | -- | $8,868 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 37381
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Cecil B Rigsby Elementary SchoolGrades: PK-5Distance: 12 mi
- 5/10Bledsoe County Middle SchoolGrades: 6-8Distance: 15.2 mi
- 5/10Bledsoe County High SchoolGrades: 9-12Distance: 15 mi
- $155,0005 bd2 ba2.1k sqft245 Raenne Dr, Spring City, TN 37381Sold
- $20,700-- bd-- ba-- sqft343 Raenne Dr, Spring City, TN 37381Off Market
- $18,700-- bd-- ba576 sqft208 Raenne Dr, Spring City, TN 37381Off Market
- $18,500-- bd-- ba-- sqft245 Raeanne Dr, Spring City, TN 37381Off Market
- $19,600-- bd-- ba-- sqftRaenne Dr, Spring city, TN 37381Off Market
- $20,600-- bd-- ba-- sqftRaenne Dr, Spring city, TN 37381Off Market
- $31,5005.13 Acres8 Raenne Dr, Spring City, TN 37381Sold
- $32,000-- bd-- ba-- sqftRaenne Dr, Spring city, TN 37381Sold
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.
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