Brand-new rustic cabin retreat on one acre, minutes from the lake in Spring City. This newly built home offers the privacy, flexibility, and lake-area lifestyle buyers are looking for, with cozy tongue-and-groove finishes, an open floor plan, and a comfortable layout that suits WFH, a weekend getaway, or short-term rental opportunity. The main level features a spacious primary bedroom, full bath, and laundry room. The kitchen has plenty of cabinets and counter space for storage and cooking. Upstairs has two roomy flex spaces that can function as additional bedrooms, a home office, bunk rooms, guest space, or hobby rooms, plus a second full bath. Enjoy quiet mornings and relaxing evenings on the covered concrete porch surrounded by nature, wooded privacy, and abundant wildlife. Tucked away in the Lakewood Village community, this property offers lake access just a street away and is conveniently located near multiple marinas, resorts, a TWRA boat launch, and a fishing pier. This home works for anyone searching for a cozy cabin near the lake, a private country retreat, or an income-producing investment. Additional lots are available. Schedule your private showing today!
New construction
Price cut: $5K (7/29)
$264,900
345 Magnolia Dr, Spring City, TN 37381
2beds
1,176sqft
Single Family Residence
Built in 2025
1.3 Acres Lot
$262,300 Zestimate®
$225/sqft
$-- HOA
What's special
One acreOpen floor planTwo roomy flex spacesLaundry roomCozy tongue-and-groove finishesSpacious primary bedroomComfortable layout
- 53 days |
- 614 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Randy Durham 423-593-2400,
Real Estate Partners Chattanooga LLC 423-265-0088,
Amanda Durham 423-322-8431,
Real Estate Partners Chattanooga LLC
Source: Greater Chattanooga Realtors,MLS#: 1537597
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: Second
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Ductless, Electric
Cooling
- Ceiling Fan(s), Ductless, Electric
Appliances
- Included: Dishwasher, Electric Range, Free-Standing Electric Oven, Microwave, Oven, Refrigerator, Water Heater
- Laundry: Laundry Room, Main Level
Features
- Ceiling Fan(s), High Speed Internet, Laminate Counters, Primary Downstairs, Separate Shower, Tub/shower Combo
- Flooring: Wood
- Windows: Double Pane Windows, Insulated Windows, Vinyl Frames
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
- Finished area above ground: 1,176
Property
Parking
- Parking features: Gravel, Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio, Side Porch, Porch - Covered
- Exterior features: Private Yard, Rain Gutters
- Waterfront features: Lake Privileges
Lot
- Size: 1.3 Acres
- Dimensions: 160 x 96.12 IRR
- Features: Back Yard, Cleared, Level, Many Trees, Private, Rolling Slope, Secluded, Wooded, Rural
Details
- Parcel number: 038k C 019.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Log, Other, Wood Siding
- Foundation: Block, Permanent
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Features: Fishing, Lake
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Spring City
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $7,500
- Annual tax amount: $25
- Date on market: 6/26/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Gravel
Estimated market value
Zestimate®
$262,300
Estimated sales range
$249,000 - $275,000
Rent Zestimate®
$1,786/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $264,900-1.9%$225/sqft |
Source: Greater Chattanooga Realtors #1537597 Report a problem | ||
| 6/26/2026 | Listed for sale | $269,900$230/sqft |
Source: Greater Chattanooga Realtors #1537597 Report a problem | ||
| 6/1/2026 | Listing removed | $269,900$230/sqft |
Source: | ||
| 5/26/2026 | Price change | $269,900-1.8%$230/sqft |
Source: | ||
| 11/24/2025 | Listed for sale | $274,900+1732.7%$234/sqft |
Source: | ||
| 10/18/2023 | Sold | $15,000-65.8%$13/sqft |
Source: Public Record Report a problem | ||
| 9/20/2023 | Listed for sale | $43,900$37/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25 | $1,875 |
| 2024 | $25 +49.6% | $1,875 +150% |
| 2023 | $17 | $750 |
| 2022 | $17 | $750 |
| 2021 | $17 | $750 |
| 2020 | $17 | $750 |
| 2019 | $17 +2.7% | $750 |
| 2018 | $16 +2.9% | $750 |
| 2017 | $16 | $750 |
| 2016 | $16 | $750 |
| 2015 | $16 | $750 |
| 2014 | $16 | $750 |
| 2013 | $16 +22% | $750 |
| 2011 | $13 | $750 |
| 2010 | $13 | $750 |
| 2009 | -- | $750 |
| 2008 | -- | $750 +100% |
| 2007 | $8 | $375 |
| 2006 | $8 | $375 |
| 2005 | $8 -4.8% | $375 |
| 2004 | $8 +87.6% | $375 +87.5% |
| 2003 | $4 | $200 +6.4% |
| 2001 | -- | $188 -74.9% |
| 2000 | -- | $750 |
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.Climate risks
Neighborhood: 37381
Getting around
Nearby schools
GreatSchools rating
- 8/10Spring City Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 4.6 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 10.2 mi
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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