For salePrice cut: $110K (4/15)
$1,690,000
5beds
4,826sqft
302 Key Cove Rd, Spring City, TN 37381
5beds
4,826sqft
Single family residence
Built in 2007
0.50 Acres
2 Attached garage spaces
$350 price/sqft
What's special
Beautiful watts bar lakeMedia-ready entertainment areaInfrared heaterOpen-concept layoutWine fridgeGame spaceOutdoor tv hookup
Experience luxury lakefront living at its finest on beautiful Watts Bar Lake. Wake up to glassy water, peaceful mornings, and the kind of serenity only true waterfront living can offer. Tucked away in a private, protected cove with YEAR-ROUND WATER and just a short swim to the main channel of the ...
- 49 days |
- 1,094 |
- 50 |
Source: Greater Chattanooga Realtors,MLS#: 1531330
Travel times
Living Room
Kitchen
Dining Room
Zillow last checked:
Listing updated:
Listed by:
Dustin Mullins 423-991-4806,
Real Estate Partners Chattanooga LLC 423-265-0088,
Karen M Austin 423-802-5511,
Real Estate Partners Chattanooga LLC
Source: Greater Chattanooga Realtors,MLS#: 1531330
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Basement
Primary bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: Second
Bathroom
- Level: Basement
Den
- Level: Second
Dining room
- Level: First
Family room
- Level: Basement
Kitchen
- Level: First
Kitchen
- Level: Basement
Living room
- Level: First
Loft
- Level: Second
Utility room
- Level: Basement
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric, Multi Units, Zoned
Appliances
- Included: Bar Fridge, Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Free-Standing Refrigerator, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Wine Cooler, Washer/Dryer Stacked, Water Heater, Water Purifier, Water Purifier Owned, Wine Refrigerator, Water Softener, Water Softener Owned
- Laundry: In Bathroom, In Basement, Common Area, Electric Dryer Hookup, Inside, Lower Level, Laundry Room, Sink, Washer Hookup
Features
- Bar, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Central Vacuum, Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, His and Hers Closets, High Speed Internet, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Primary Downstairs, Smart Thermostat, Soaking Tub, Sound System, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s), Wired for Data, Wired for Sound, Separate Shower, Tub/shower Combo, En Suite, Sitting Area, Separate Dining Room, Plumbed, Split Bedrooms, Whirlpool Tub, Connected Shared Bathroom
- Flooring: Carpet, Hardwood, Slate, Tile
- Windows: Blinds, Insulated Windows, Screens, Shades, Vinyl Frames
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 4,826
- Total interior livable area: 4,826 sqft
- Finished area above ground: 3,348
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Basement, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Workshop in Garage
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 2
- Patio & porch: Covered, Composite, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Porch - Screened, Porch - Covered
- Exterior features: Balcony, Boat Slip, Dock, Electric Grill, Fire Pit, Gas Grill, Lighting, Outdoor Grill, Private Yard, Rain Gutters, Smart Irrigation, Dock - Stationary
- Pool features: None
- Has spa: Yes
- Spa features: Above Ground, Fiberglass, Heated, Private
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, River, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,River,Water
- Waterfront features: Lake, Lake Front, Lake Privileges, Navigable Water, River Access, River Front
Lot
- Size: 0.5 Acres
- Dimensions: 106 x 206
- Features: Back Yard, Cleared, Few Trees, Front Yard, Gentle Sloping, Landscaped, Lake on Lot, Rock Outcropping, Sloped Down, Sprinklers In Front, Sprinklers In Rear, Views, Waterfront, Rural
Details
- Additional structures: Boat House, RV/Boat Storage
- Parcel number: 026e E 006.00
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, HardiPlank Type, Stone
- Foundation: Block, Brick/Mortar, Combination, Permanent, Slab
- Roof: Asphalt,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2007
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Curbs, Lake
- Security: Fire Alarm, Smoke Detector(s), Security Service, Security System
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Spring City
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $1,021,100
- Annual tax amount: $5,508
- Date on market: 3/28/2026
- Listing terms: Cash,Conventional,VA Loan
- Inclusions: Homes like this don't just check boxes - They create a feeling. Once you experience it, you won't want to leave.
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Price change | $1,690,000-6.1%$350/sqft |
Source: Greater Chattanooga Realtors #1531330 Report a problem | ||
| 3/28/2026 | Listed for sale | $1,800,000+9.1%$373/sqft |
Source: Greater Chattanooga Realtors #1531330 Report a problem | ||
| 10/30/2025 | Listing removed | $1,650,000$342/sqft |
Source: Greater Chattanooga Realtors #1511811 Report a problem | ||
| 9/8/2025 | Price change | $1,650,000-2.9%$342/sqft |
Source: Greater Chattanooga Realtors #1511811 Report a problem | ||
| 8/26/2025 | Price change | $1,700,000-5.6%$352/sqft |
Source:  RCAR #20251859 Report a problem | ||
| 8/11/2025 | Price change | $1,800,000-5.3%$373/sqft |
Source: RCAR #20251859 Report a problem | ||
| 8/1/2025 | Price change | $1,900,000-2.6%$394/sqft |
Source: Greater Chattanooga Realtors #1511811 Report a problem | ||
| 5/8/2025 | Price change | $1,950,000-7.1%$404/sqft |
Source: RCAR #20251859 Report a problem | ||
| 4/26/2025 | Listed for sale | $2,100,000+50%$435/sqft |
Source: RCAR #20251859 Report a problem | ||
| 4/24/2024 | Sold | $1,400,000-6.7%$290/sqft |
Source: Greater Chattanooga Realtors #1390198 Report a problem | ||
| 4/17/2024 | Pending sale | $1,500,000$311/sqft |
Source: Greater Chattanooga Realtors #1390198 Report a problem | ||
| 4/13/2024 | Listed for sale | $1,500,000$311/sqft |
Source: Greater Chattanooga Realtors #1390198 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,508 | $408,440 |
| 2024 | $5,508 +27.4% | $408,440 +113% |
| 2023 | $4,324 | $191,750 |
| 2022 | $4,324 +0.6% | $191,750 +0.6% |
| 2021 | $4,298 | $190,600 |
| 2020 | $4,298 | $190,600 |
| 2019 | $4,298 +19.3% | $190,600 +16.2% |
| 2018 | $3,604 0% | $164,050 |
| 2017 | $3,604 -1.3% | $164,050 |
| 2016 | $3,651 | $164,050 -1.3% |
| 2015 | $3,651 +4.8% | $166,225 |
| 2014 | $3,485 | $166,225 |
| 2013 | $3,485 +7.9% | $166,225 -9.9% |
| 2011 | $3,229 | $184,575 |
| 2010 | $3,229 | $184,575 |
| 2009 | -- | $184,575 |
| 2008 | -- | $184,575 +976.2% |
| 2007 | $343 | $17,150 |
| 2006 | $343 +1.3% | $17,150 +1.3% |
| 2005 | $339 -4.8% | $16,925 |
| 2004 | $355 +33.8% | $16,925 +33.8% |
| 2003 | $266 | $12,650 +0% |
| 2001 | -- | $12,646 -74.7% |
| 2000 | -- | $50,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,363/mo
Principal & interest
$8715
Property taxes
$648
More affordability tools
Estimated market value
$1,598,900
$1.52M - $1.68M
$5,657/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 37381
Nearby schools
GreatSchools rating
- 7/10Spring City Elementary SchoolGrades: PK-5Distance: 7.1 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 8 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 14.6 mi
Schools provided by the listing agent
- Elementary: Spring Creek Elementary
- Middle: Spring City Elementary & Middle
- 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.
- Tennessee
- Rhea County
- Spring City
- 37381
- 302 Key Cove Rd