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Sold for $345,000
  • $345,000

    2863 New Lake Rd, Spring City, TN 37381

    --beds
    --baths
    2.28Acres
    Unimproved Land
    Built in ----
    2.28 Acres Lot
    $351,000 Zestimate®
    $--/sqft
    $2,538 Estimated rent

    Home value

    $351,000

    $330,000 - $369,000

    $2,538/mo

    Zestimate® history
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    What's special

    Exceptional waterfront tractGenerous lot size
    Build the life you've always dreamed of on this rare Watts Bar Lake waterfront property! Featuring over 200 feet of shoreline and a huge gently sloping to nearly level lot, this exceptional property offers endless possibilities for your future with a concrete boat ramp. With utilities available at the road, this is more than just a vacant piece of land--it's the future homesite where your dream lake home can become reality, an incredible investment opportunity, or even a potential short-term rental retreat. Imagine waking up each morning to breathtaking East Tennessee sunrises over the water, spending your afternoons boating, fishing, swimming, and making lifelong memories on beautiful Watts Bar Lake. The generous lot size and easy access to the water provide the perfect setting for creating your own private lakefront oasis. Opportunities like this are becoming increasingly difficult to find on Watts Bar Lake. Conveniently located between Chattanooga and Knoxville, you'll enjoy the perfect balance of peaceful lake living while remaining close to shopping, dining, entertainment, and everyday conveniences. Whether you're looking to build your forever home, a weekend getaway, or an investment property, this exceptional waterfront tract offers the space, setting, and potential to make your vision a reality. Don't miss your chance to own a piece of East Tennessee paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ivey Hayes 855-856-9466,

    simpliHOM

    Bought with:

    Comps Non Member Licensee

    COMPS ONLY

    Source: Greater Chattanooga Realtors,MLS#: 1536256

    Facts & features

    Property

    Features
    • Exterior features: None
    • Fencing: None
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake
    Lot
    • Size: 2.28 Acres
    • Features: Waterfront
    Details
    • Additional structures: None
    • Parcel number: 043 01700 000
    • Zoning: Unknown
    • Zoning description: Unknown
    • Special conditions: Standard
    • Other equipment: None

    Utilities & green energy

    • Sewer: Other
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Spring City

    Financial & listing details

    • Tax assessed value: $329,500
    • Annual tax amount: $1,110
    • Date on market: 6/6/2026
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/29/2026Sold$345,000-13.5%
    Source: Greater Chattanooga Realtors #1536256 Report a problem
    7/11/2026Contingent$399,000
    Source: RealTracs MLS as distributed by MLS GRID #3231540 Report a problem
    6/27/2026Price change$399,000-4.8%
    Source: Greater Chattanooga Realtors #1536256 Report a problem
    6/14/2026Price change$419,000-6.7%
    Source: Greater Chattanooga Realtors #1536256 Report a problem
    6/6/2026Listed for sale$449,000+108.8%
    Source: Greater Chattanooga Realtors #1536256 Report a problem
    5/4/2026Sold$215,000-6.5%
    Source: Public Record Report a problem
    4/8/2026Pending sale$230,000
    Source: Greater Chattanooga Realtors #1529304 Report a problem
    4/6/2026Listed for sale$230,000-29.2%
    Source: Greater Chattanooga Realtors #1529304 Report a problem
    3/20/2026Listing removed$325,000+400%
    Source: Greater Chattanooga Realtors #1529304 Report a problem
    8/19/1994Sold$65,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,111 $82,375
    2024$1,111 -18.6%$82,375 +36.1%
    2023$1,365 $60,525
    2022$1,365 $60,525
    2021$1,365 $60,525
    2020$1,365 -0.9%$60,525 -0.9%
    2019$1,377 +14.5%$61,050 +11.5%
    2018$1,203 0%$54,750
    2017$1,203 $54,750
    2016$1,203 $54,750
    2015$1,203 +6.7%$54,750 +1.9%
    2014$1,127 $53,750
    2013$1,127 +16.3%$53,750 -2.9%
    2011$969 $55,375
    2010$969 $55,375
    2009-- $55,375
    2008-- $55,375 +65.2%
    2007$671 $33,525
    2006$671 $33,525
    2005$671 -4.8%$33,525
    2004$704 +66.6%$33,525 +66.6%
    2003$423 $20,125 +0.5%
    2001-- $20,023 -75%
    2000-- $80,090
    Find assessor info on the county website

    Neighborhood: 37381

    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.