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For sale
$1,800,000
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
$373 price/sqft

What's special

Wood-burning fireplaceYear-round waterBreathtaking lake viewsLoft-style overlooksOpen-concept layoutGame spaceMedia-ready setup

Wake up to glassy water, quiet mornings, and the kind of peace you can't put a price on--this is lake life the way it's meant to be. Welcome to your private retreat on Watts Bar Lake, tucked in a calm, protected cove with YEAR-ROUND WATER & just a swim away to ...

8 days
|
1,430
|
56
|
Source: Greater Chattanooga Realtors,MLS#: 1531330
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked: 7 hours ago

Listing updated: March 31, 2026 at 08:39pm

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

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: $373/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

DateEventPrice
3/28/2026Listed for sale$1,800,000+9.1%$373/sqft
Source: Greater Chattanooga Realtors #1531330 Report a problem
10/30/2025Listing removed$1,650,000$342/sqft
Source: Greater Chattanooga Realtors #1511811 Report a problem
9/8/2025Price change$1,650,000-2.9%$342/sqft
Source: Greater Chattanooga Realtors #1511811 Report a problem
8/26/2025Price change$1,700,000-5.6%$352/sqft
Source: RCAR #20251859 Report a problem
8/11/2025Price change$1,800,000-5.3%$373/sqft
Source: RCAR #20251859 Report a problem
8/1/2025Price change$1,900,000-2.6%$394/sqft
Source: Greater Chattanooga Realtors #1511811 Report a problem
5/8/2025Price change$1,950,000-7.1%$404/sqft
Source: RCAR #20251859 Report a problem
4/26/2025Listed for sale$2,100,000+50%$435/sqft
Source: RCAR #20251859 Report a problem
4/24/2024Sold$1,400,000-6.7%$290/sqft
Source: Greater Chattanooga Realtors #1390198 Report a problem
4/17/2024Pending sale$1,500,000$311/sqft
Source: Greater Chattanooga Realtors #1390198 Report a problem
4/13/2024Listed for sale$1,500,000$311/sqft
Source: Greater Chattanooga Realtors #1390198 Report a problem

Public tax history

YearProperty taxesTax 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
$9,972/mo
Principal & interest
$9282
Property taxes
$690
More affordability tools

    Estimated market value

    $1,691,500

    $1.61M - $1.78M

    $5,038/mo

    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Neighborhood: 37381

    Nearby schools

    GreatSchools rating
    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.