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For sale
    • $385,000

    1255 New Lake Rd Unit 27, Spring City, TN 37381

    3beds
    1,680sqft
    : 
    $2,410/mo
    Get pre-qualified
    Condominium
    Built in 2018
    -- sqft lot
    $369,700 Zestimate®
    $229/sqft
    $150/mo HOA

    What's special

    Enjoy lake living at Watts Bar Lake in this move in ready townhome located within the Spring City limits. This well maintained home offers an open living and dining area that flows into a spacious eat in kitchen featuring a large island, quartz countertops, and stainless steel appliances. The main level also includes a half bath, a laundry closet with washer and dryer, and a private reinforced back deck ideal for everyday use or entertaining. Upstairs, a lighted stairway leads to three bedrooms and a full bathroom with a tub and shower combination. The primary bedroom features a private balcony overlooking Watts Bar Lake, creating a peaceful spot to enjoy morning sunrises. The primary bathroom includes a tiled walk in shower and a double vanity. The property includes a covered boat slip and offers access to a sandy beach, volleyball area, fishing, kayaking, boating, and Hoover Landing boat launch. Whether you are looking for a full time residence or a weekend retreat, this home offers an opportunity to enjoy the lake lifestyle with convenient access to outdoor recreation. Start enjoying lake living today.
    205 days
    |
    177
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Asher Black 423-208-4943,

    Keller Williams Realty 423-664-1900,

    Daniel Blodgett 423-509-7021,

    Keller Williams Realty

    Source: Greater Chattanooga Realtors,MLS#: 1526473

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Disposal, Double Oven, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Laundry Closet
      Features
      • Open Floorplan, Tub/shower Combo
      • Flooring: Luxury Vinyl, Plank
      • Has basement: No
      • 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: Parking Lot
      Features
      • Levels: Two
      • Patio & porch: Deck, Patio
      • Exterior features: Boat Slip, Dock, Dock - Floating
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Lake Front
      Lot
      • Features: Level, Other
      Details
      • Parcel number: 037b B 002.02

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick, Stone, Fiber Cement
      • Foundation: Slab
      • Roof: Slate
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: None
      HOA
      • Has HOA: Yes
      • Amenities included: Boating, Beach Access, Boat Dock, Boat Slip
      • HOA fee: $150 monthly
      Location
      • Region: Spring City

      Financial & listing details

      • Price per square foot: $229/sqft
      • Tax assessed value: $375,600
      • Annual tax amount: $2,199
      • Date on market: 2/12/2026
      • Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan

        Estimated market value

        $369,700

        $351,000 - $388,000

        $2,622/mo

        Price history

        DateEventPrice
        3/14/2026Price change$385,000-3.8%$229/sqft
        Source: Greater Chattanooga Realtors #1526473 Report a problem
        2/12/2026Listed for sale$400,000+95.6%$238/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3080248 Report a problem
        9/9/2019Sold$204,500+2.8%$122/sqft
        Source: Public Record Report a problem
        5/4/2019Listed for sale$199,000$118/sqft
        Source: Local MLS #1079048 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,200 $93,900
        2024$2,200 +17.4%$93,900 +91.7%
        2023$1,873 +1.3%$48,975
        2022$1,849 +1.9%$48,975
        2021$1,814 +3.3%$48,975
        2020$1,756 +90.1%$48,975 +4.5%
        2019$924 -2.9%$46,875 +62.9%
        2018$951 $28,775
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 37381

        Getting around

        4 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Spring City
        • 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.

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