Waterfront Luxury on Watts Bar Lake - First Time on the Market with Year Round Deep Water!
Experience unparalleled craftsmanship in this custom-built, all-brick estate designed to the most exacting standards. Offering a rare combination of style and sophistication, this thoughtfully planned split-bedroom ranch boasts 3,223 sq. ft. of main-level living, complimented by a massive unfinished walk-out basement featuring a secondary garage and finished storage area.
The open concept is designed for wonderful views of Watts Bar Lake from the kitchen, dining room and living room.
The interior is anchored by distinctive wood-grain Italian tile throughout the open spaces on the main floor, offering both durability and timeless style.
The kitchen is a masterclass in functional design, featuring granite countertops, custom maple cabinetry, and an array of ''hidden'' utilities.
Appliance lifts in the island make for effortless storage and quick access. In addition to the well planned kitchen there is a massive Walk-in Pantry.
The Owners' Suite: A private sanctuary with big lake views, a spa-like ensuite with a walk-in shower, jetted tub, and the convenience of an oversized walk-in closet truly showcase the details for luxury living.
Work from home in the spacious home office which is flooded with natural light and sits just off the formal living area.
Sophisticated Accommodations at its best throughout the guest wing or family quarters.
Two of the bedrooms share a well-designed Jack-and-Jill suite. The third guest room serves as a Second Primary Suite, complete tub/shower and lake views.
A discreetly placed powder room near the garage entry emphasizes the home's focus on functional flow.
The Ultimate Lake Basement & Outdoor Oasis makes the lower level is a hobbyist's dream. It includes a deep-bay garage--perfect for your boat, golf cart, or lake toys--alongside a workshop area with built-in shelving, a half bath, and a finished storage room for seasonal items and dry goods.
Outside, a private pebbled patio leads to a paved cart path, taking you directly to your private, two-slip floating dock situated in YEAR ROUND DEEP WATER.
Location & Convenience
5 Minutes to downtown Spring City.
60 Minutes to both Knoxville and Chattanooga.
Quality Construction: All-brick exterior, new roof in 2025, custom detailing, and professionally landscaped. There is just too much to mention!
Schedule your private tour today to experience the pinnacle of lakefront living. Buyer to verify all pertinent information.
For sale
Price cut: $24K (5/20)
$1,375,000
205 June Ln, Spring City, TN 37381
4beds
3,223sqft
Single Family Residence
Built in 2004
0.86 Acres Lot
$-- Zestimate®
$427/sqft
$-- HOA
What's special
All-brick exteriorPrivate pebbled patioCustom-built all-brick estateCustom detailingProfessionally landscapedCustom maple cabinetryMassive walk-in pantry
- 60 days |
- 637 |
- 34 |
Zillow last checked:
Listing updated:
Listed by:
Lee K Franz,
Blue Key Properties 423-365-2515
Source: East Tennessee Realtors,MLS#: 1336554
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Rooms
- Room types: Bonus Room
Heating
- Central, Forced Air, Heat Pump, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Refrigerator
Features
- Walk-In Closet(s), Kitchen Island, Pantry, Bonus Room
- Flooring: Carpet, Tile
- Windows: Insulated Windows, Drapes
- Basement: Walk-Out Access,Crawl Space,Partially Finished,Bath/Stubbed,Slab,Unfinished
- Number of fireplaces: 1
- Fireplace features: Brick, Wood Burning
Interior area
- Total structure area: 3,223
- Total interior livable area: 3,223 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Garage Door Opener, Attached, Main Level
- Attached garage spaces: 4
Features
- Exterior features: Irrigation System, Prof Landscaped, Dock
- Has view: Yes
- Has water view: Yes
- On waterfront: Yes
- Waterfront features: Lake/Water Access, Waterfront
- Frontage type: Lakefront
Lot
- Size: 0.86 Acres
- Features: Rolling Slope
Details
- Parcel number: 031K D 012.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Security System
- Subdivision: Holiday Estates
Location
- Region: Spring City
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $952,400
- Annual tax amount: $3,211
- Date on market: 4/13/2026
- Listing terms: New Loan,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $1,375,000-1.7%$427/sqft |
Source: | ||
| 4/13/2026 | Listed for sale | $1,399,000+963.9%$434/sqft |
Source: | ||
| 2/25/2004 | Sold | $131,500$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,211 | $238,100 |
| 2024 | $3,211 -14.6% | $238,100 +42.7% |
| 2023 | $3,762 | $166,825 |
| 2022 | $3,762 | $166,825 |
| 2021 | $3,762 | $166,825 |
| 2020 | $3,762 | $166,825 |
| 2019 | $3,762 +27.6% | $166,825 +24.3% |
| 2018 | $2,947 +0% | $134,175 |
| 2017 | $2,947 +1% | $134,175 +1.1% |
| 2016 | $2,917 | $132,775 |
| 2015 | $2,917 +4.8% | $132,775 |
| 2014 | $2,784 | $132,775 |
| 2013 | $2,784 +19.6% | $132,775 -0.2% |
| 2011 | $2,329 | $133,100 |
| 2010 | $2,329 | $133,100 |
| 2009 | -- | $133,100 -8.6% |
| 2008 | -- | $145,625 +41% |
| 2007 | $2,066 | $103,275 |
| 2006 | $2,066 | $103,275 |
| 2005 | $2,066 | $103,275 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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: 1.2 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 9.3 mi
Schools provided by the listing agent
- High: Rhea County
Source: East Tennessee 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
- 205 June Ln





