This beautifully updated turnkey lakefront retreat is where contemporary luxury meets worry-free living on Watts Bar Lake! A skillfully redesigned 4-bedroom, 3-bathroom refuge, this home delivers stunning year-round close-up and panoramic lake views that look out across a nearby peninsula, island, and open water. Well situated on a rare sprawling flat lot, at the end of a cul-de-sac where water surrounds the property to make for lovely views from every window. The contemporary exterior features a brand-New metal roof, all-New dual-paned windows, three New sliders, and huge picture windows to take advantage of the scenic outdoors. There are also multiple covered viewing decks with private vantage points showcasing lake views off the main living space, the primary master suite, and the secondary ensuite. This open-concept home shows brilliantly throughout with New premium roasted pine luxury plank floors, New custom caviar black cabinetry with dolomitic marble countertops, and sleek New stainless-steel appliances. The dream kitchen includes a huge island and a chef's professional 6-burner stove and oven. Upstairs the primary ensuite (master) is a true private oasis, boasting a large walk-in closet and a spa-like private bathroom that even has a lighted multi-directional shower bar. Designed with taste and for a low-maintenance lifestyle, this home allows you to enjoy Tennessee waterfront living. Outside, the level yard provides a seamless, park-like transition directly to the shoreline, strategically dotted with mature trees that provide great shade without obstructing the incredible views of the lake. The property offers the ideal setup to swim, relax, or launch kayaks and paddleboards and explore, birdwatch, or fish to your heart's content. Avoid the dock-permitting hassles and expenses and maintenance liabilities of a rotting structure and enjoy the unobstructed views of your slice of paradise (No docks allowed here). There are multiple boat ramps in the area and convenient boat storages at three local Spring City marinas all located within a quick 10-minute drive. Other things to like about this home include NO HOA, a New HVAC system, New lights fixtures, New tankless water heater, New bathrooms, a two-car garage with carport, a downstairs secondary ensuite that would also work well as a family entertainment room or studio/office, and inside laundry with New appliances -- washer and dryer already installed.
Pending - continue to show
$599,900
254 Karen Dr, Spring City, TN 37381
4beds
2,224sqft
Single Family Residence
Built in 1986
0.74 Acres Lot
$-- Zestimate®
$270/sqft
$-- HOA
What's special
New bathroomsSleek new stainless-steel appliancesContemporary exteriorBrand-new metal roofWater surrounds the propertyOpen-concept homeRare sprawling flat lot
- 52 days
- 337
- 16
Zillow last checked:
Listing updated:
Listed by:
Brad Freeman 661-201-7868,
Freeman & Associates 877-300-4289
Source: East Tennessee Realtors,MLS#: 1352943
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bonus Room
Heating
- Central, Forced Air, Natural Gas, Other, Electric
Cooling
- Wall Unit(s), Central Air, Ceiling Fan(s)
Appliances
- Included: Tankless Water Heater, Gas Range, Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Walk-In Closet(s), Kitchen Island, Pantry, Eat-in Kitchen, Bonus Room
- Flooring: Carpet
- Windows: Windows - Vinyl, ENERGY STAR Qualified Windows
- Basement: Crawl Space,Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,224
- Total interior livable area: 2,224 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Side, Off Street, Carport, Detached, RV Access/Parking
- Garage spaces: 2
- Carport spaces: 1
Features
- Exterior features: Balcony
- Has view: Yes
- Has water view: Yes
- On waterfront: Yes
- Waterfront features: Lake/Water Access, Waterfront
- Frontage type: Lakefront
Lot
- Size: 0.74 Acres
- Features: Cul-De-Sac, Private, Irregular Lot, Level
Details
- Parcel number: 026L B 012.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding, Block, Frame
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Keys On The Lake Ph 3
Location
- Region: Spring City
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $321,200
- Annual tax amount: $1,083
- Date on market: 8/24/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Pending sale | $599,900$270/sqft |
Source: | ||
| 8/24/2026 | Listed for sale | $599,900$270/sqft |
Source: | ||
| 8/18/2026 | Listing removed | $599,900$270/sqft |
Source: | ||
| 8/12/2026 | Listed for sale | $599,900$270/sqft |
Source: | ||
| 8/12/2026 | Pending sale | $599,900$270/sqft |
Source: | ||
| 8/6/2026 | Pending sale | $599,900$270/sqft |
Source: | ||
| 7/30/2026 | Price change | $599,900-4.6%$270/sqft |
Source: | ||
| 7/1/2026 | Price change | $629,000-3.1%$283/sqft |
Source: | ||
| 5/25/2026 | Price change | $649,000-3.9%$292/sqft |
Source: | ||
| 4/23/2026 | Price change | $675,000-3.6%$304/sqft |
Source: | ||
| 2/23/2026 | Listed for sale | $699,900+249.9%$315/sqft |
Source: | ||
| 1/10/2025 | Sold | $200,000-33.3%$90/sqft |
Source: Greater Chattanooga Realtors #1503714 Report a problem | ||
| 12/17/2024 | Pending sale | $300,000$135/sqft |
Source: Greater Chattanooga Realtors #1503714 Report a problem | ||
| 11/25/2024 | Listed for sale | $300,000$135/sqft |
Source: Greater Chattanooga Realtors #1503714 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,083 | $80,300 |
| 2024 | $1,083 -12.3% | $80,300 +46.7% |
| 2023 | $1,235 | $54,750 |
| 2022 | $1,235 | $54,750 |
| 2021 | $1,235 | $54,750 |
| 2020 | $1,235 | $54,750 |
| 2019 | $1,235 +13.6% | $54,750 +10.7% |
| 2018 | $1,087 0% | $49,475 |
| 2017 | $1,087 -2.6% | $49,475 |
| 2016 | $1,116 | $49,475 -2.6% |
| 2015 | $1,116 +4.8% | $50,800 |
| 2014 | $1,065 | $50,800 |
| 2013 | $1,065 +10.7% | $50,800 -7.6% |
| 2011 | $962 | $54,975 |
| 2010 | $962 | $54,975 |
| 2009 | -- | $54,975 |
| 2008 | -- | $54,975 +27.6% |
| 2007 | $862 | $43,100 |
| 2006 | $862 | $43,100 |
| 2005 | $862 -4.8% | $43,100 |
| 2004 | $905 +28.8% | $43,100 +28.8% |
| 2003 | $703 | $33,475 +0% |
| 2001 | -- | $33,472 -75.2% |
| 2000 | -- | $134,711 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37381
Nearby schools
Schools provided by the listing agent
- Elementary: Spring City
- Middle: Spring City
- 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.









