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
- 23 days |
- 197 |
- 5 |
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:  RCAR #20263974 Report a problem | ||
| 4/5/2023 | Sold | $72,000+10.8% |
Source:  RealTracs MLS as distributed by MLS GRID #2529982 Report a problem | ||
| 11/28/2022 | Listed for sale | $64,999+284.3% |
Source: RCAR #20228396 Report a problem | ||
| 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
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 8/10Spring City Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 4.8 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 9 mi
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.
- $65,000-- bd-- ba-- sqftLake Harbor Dr, Spring city, TN 37381Off Market
- $52,000-- bd-- ba-- sqftLake Harbor Dr, Spring city, TN 37381Off Market
- $--0.88 acres382 Waterfront Way #25, Spring City, TN 37381Off Market
- $762,7004 bd4 ba3.2k sqft375 Waterfront Way, Spring City, TN 37381Off Market
- $350,000-- bd-- ba-- sqft372 Waterfront Way, Spring City, TN 37381Off Market
- $743,700-- bd2 ba2.1k sqft475 Waterfront Way, Spring City, TN 37381Off Market
- $1,450,5001.4 acres412 Waterfront Way, Spring City, TN 37381Off Market
- $555,400-- bd-- ba-- sqft510 Waterfront Way, Spring City, TN 37381Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $95,0000.55 acres273 Lenore Ln, Spring City, TN 37381Lot/Land
MLS ID #1527367, Patti Marsden. Greater Chattanooga Realtors - $95,0000.54 acres266 Lenore Ln, Spring City, TN 37381Lot/Land
MLS ID #1527368, Patti Marsden. Greater Chattanooga Realtors - $89,9001.03 acres450 Hidden Forest Trl, Spring City, TN 37381Lot/Land
MLS ID #1540430, Carol Movre. Greater Chattanooga Realtors - $119,0005.14 acres2990 Wassom Memorial Hwy, Spring City, TN 37381Lot/Land
MLS ID #3193050, Becki Tumlin. RealTracs MLS as distributed by MLS GRID - $110,0001.19 acres240 River Run Trl Lot 57, Spring City, TN 37381Lot/LandMLS ID #3222971, Macie McBride Roberts. RealTracs MLS as distributed by MLS GRID
- $114,8858.51 acres171 Hornby Ferry Rd, Decatur, TN 37322Lot/Land
MLS ID #1335502, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors - $112,3208.32 acres713 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335503, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $65,0002.64 acres375 Goins Hill Rd, Ten Mile, TN 37880Lot/LandMLS ID #3244270, Chris Holmes. RealTracs MLS as distributed by MLS GRID
- $99,9001.01 acres150 Quail Hollow Cv, Spring City, TN 37381Lot/LandMLS ID #1533606, Angie Stumbo. Greater Chattanooga Realtors
- $62,5000.57 acres350 River Run Trl, Spring City, TN 37381Lot/LandMLS ID #1351049, Kamille McCoy, Cumberland Mountain Realty. East Tennessee Realtors
- $70,0001.7 acres198 River Run Trl Lot 58, Spring City, TN 37381Lot/LandMLS ID #3222978, Macie McBride Roberts. RealTracs MLS as distributed by MLS GRID
- $101,9257.55 acres505 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335510, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $93,2856.91 acres695 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335504, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $68,5805.08 acres555 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335507, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $79,9000.78 acres129 River Run Trl, Spring City, TN 37381Lot/LandMLS ID #1315491, Dominique Oro, Honors Real Estate Services LLC. East Tennessee Realtors
- $71,5505.3 acres537 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335509, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $67,9055.03 acres567 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335506, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $77,4905.74 acres549 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335508, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $82,0806.08 acres435 Oak Grove Rd, Decatur, TN 37322Lot/LandMLS ID #1335512, Keith Vincent, Weichert Realtors - The Space Place. East Tennessee Realtors
- $115,0004.86 acres521 Norton Rd, Ten Mile, TN 37880Lot/LandMLS ID #1540444, Carol Movre. Greater Chattanooga Realtors
