Build your dream home and enjoy breathtaking views of Watts Bar Lake from this beautiful 1.11-acre corner lot in the prestigious gated Lakefront Estates community. Nestled in a peaceful setting with gently rolling terrain, this scenic property offers the perfect blend of privacy, natural beauty, and resort-style amenities--ideal for a full-time residence or a relaxing vacation retreat.
Conveniently located just 52 miles from Chattanooga, 62 miles from Knoxville, and 142 miles from Nashville, this property offers an easy escape while remaining accessible to major cities.
A rare bonus for the new owner: Lot #62 includes a covered boat slip (#2) at the community dock at no additional cost, providing immediate access to all that Watts Bar Lake has to offer. Annual HOA dues are $1,200, with an additional $200 annual fee for the boat slip.
Residents of Lakefront Estates enjoy exceptional community amenities, including a gated entrance, private community boat ramp, beautifully paved walking trails with gazebos, and a spacious clubhouse featuring a fitness center, full kitchen, gathering area, and restrooms.
Whether you're ready to build your forever home or a weekend lake getaway, this exceptional lake-view property offers the perfect opportunity to enjoy East Tennessee's lake lifestyle in one of the area's most desirable waterfront communities.
Active
$117,000
421 Waterfront Way, Spring City, TN 37381
--beds
--baths
1.11Acres
Unimproved Land
Built in ----
1.11 Acres Lot
$-- Zestimate®
$--/sqft
$66/mo HOA
What's special
Gently rolling terrainScenic propertyExceptional lake-view property
- 70 days
- 71
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Melody Mcneill 423-781-1160,
CENTURY 21 Legacy 423-745-4446
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3314841
Facts & features
Interior
Video & virtual tour
Property
Features
- Pool features: Association
- Has view: Yes
- View description: Lake, Mountain(s), River, Water
- Has water view: Yes
- Water view: Lake,River,Water
Lot
- Size: 1.11 Acres
- Dimensions: 177.66 x 225.77 IRR
Details
- Parcel number: 044G C 06200 000
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Rhea Central
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool, Fitness Center, Gated
- HOA fee: $790 annually
Location
- Region: Spring City
Financial & listing details
- Tax assessed value: $72,000
- Annual tax amount: $243
- Date on market: 7/31/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $117,000+62.5% |
Source: | ||
| 4/5/2023 | Sold | $72,000+10.8% |
Source: | ||
| 11/28/2022 | Listed for sale | $64,999+284.3% |
Source: | ||
| 8/8/2019 | Sold | $16,912 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $243 | $18,000 |
| 2024 | $243 +23% | $18,000 +105.7% |
| 2023 | $197 | $8,750 |
| 2022 | $197 | $8,750 |
| 2021 | $197 | $8,750 |
| 2020 | $197 | $8,750 |
| 2019 | $197 -15.5% | $8,750 -17.6% |
| 2018 | $233 +0.2% | $10,625 |
| 2017 | $233 | $10,625 |
| 2016 | $233 | $10,625 |
| 2015 | $233 +4.5% | $10,625 |
| 2014 | $223 | $10,625 |
| 2013 | $223 -43.4% | $10,625 -52.8% |
| 2011 | $394 | $22,500 |
| 2010 | $394 | $22,500 |
| 2009 | -- | $22,500 -29.1% |
| 2008 | -- | $31,750 -20.1% |
| 2007 | $795 | $39,750 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 37381
Nearby schools
Schools provided by the listing agent
- Elementary: Rhea Central Elementary
- Middle: Rhea Middle School
- High: Rhea County High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







