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For sale
  • Price cut: $20K (7/1)
    $629,000

    254 Karen Dr, Spring City, TN 37381

    4beds
    2,224sqft
    : 
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    Single Family Residence
    Built in 1986
    0.74 Acres Lot
    $-- Zestimate®
    $283/sqft
    $-- HOA

    What's special

    New bathroomsSleek new stainless-steel appliancesContemporary exteriorBrand-new metal roofWater surrounds the propertyOpen-concept homeRare sprawling flat lot
    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.
    141 days
    |
    2,155
    |
    104
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Freeman 661-201-7868,

    Freeman & Associates 877-300-4289

    Source: East Tennessee Realtors,MLS#: 1329881MLS Logo

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      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: 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: Carport, Detached
      • 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, Irregular Lot
      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: $283/sqft
      • Tax assessed value: $321,200
      • Annual tax amount: $1,083
      • Date on market: 2/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Price change$629,000-3.1%$283/sqft
        Source: East Tennessee Realtors #1329881 Report a problem
        5/25/2026Price change$649,000-3.9%$292/sqft
        Source: East Tennessee Realtors #1329881 Report a problem
        4/23/2026Price change$675,000-3.6%$304/sqft
        Source: East Tennessee Realtors #1329881 Report a problem
        2/23/2026Listed for sale$699,900+249.9%$315/sqft
        Source: East Tennessee Realtors #1329881 Report a problem
        1/10/2025Sold$200,000-33.3%$90/sqft
        Source: Greater Chattanooga Realtors #1503714 Report a problem
        12/17/2024Pending sale$300,000$135/sqft
        Source: Greater Chattanooga Realtors #1503714 Report a problem
        11/25/2024Listed for sale$300,000$135/sqft
        Source: Greater Chattanooga Realtors #1503714 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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