1235 New Lake Rd, Unit 5

1,680 Sq. Ft.
$238 / Sq. Ft.
1,680
Sq. Ft.
$238
per Sq. Ft.

Description

Welcome to 1235 New Lake Rd Unit 5, a lakefront condo designed for peaceful living and strong rental potential. Enter through beautiful French doors that flood the interior with natural light, creating a warm and inviting first impression. The home is centered around a cozy living room fireplace, forming the heart of the space and flowing naturally into the kitchen, making it ideal for relaxing evenings or entertaining guests after a day on the water. This spacious 4-bedroom, 3-bathroom condo offers...Welcome to 1235 New Lake Rd Unit 5, a lakefront condo designed for peaceful living and strong rental potential. Enter through beautiful French doors that flood the interior with natural light, creating a warm and inviting first impression. The home is centered around a cozy living room fireplace, forming the heart of the space and flowing naturally into the kitchen, making it ideal for relaxing evenings or entertaining guests after a day on the water. This spacious 4-bedroom, 3-bathroom condo offers flexibility for both personal enjoyment and income-producing potential. The primary bedroom features its own private balcony with French doors opening to serene lake views, providing the perfect spot for morning coffee or unwinding at sunset. With multiple bedrooms and baths, the layout comfortably accommodates guests, family, or short-term renters. Set directly on the lake, the property includes access to a dedicated boat launch and dock, making it easy to enjoy boating, fishing, or simply soaking in the quiet waterfront lifestyle. The unit also comes with a large 10x18 garage/storage unit, providing generous space for lake gear, outdoor equipment, water toys, or additional storage. Whether you're an investor looking for a desirable lakefront rental property or a retiree ready to embrace quiet lake living, this condo combines comfort, scenery, and lifestyle in one exceptional waterfront opportunity.
  1. Listed by Asher Black • Keller Williams Realty

Property Details for 1235 New Lake Road, Unit 5

Architectural Style
Contemporary
View
Lake
Waterfront
Yes
LISTING UPDATED: 03/12/2026 09:56 AM

Property Details for 1235 New Lake Road, Unit 5

StatusActive
MLS #1530232
Days on Market10
Taxes$2,089 / year
HOA Fees$150 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built2008
CountyRhea County

Location

Listing Courtesy of Keller Williams Realty, Asher Black (423.208.4943)
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Building Information for 1235 New Lake Road, Unit 5

Building/Complex1235 New Lake RdFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built2008

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$2,265 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,941

Property Taxes

$174

HOA Dues

$150

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Property Information for 1235 New Lake Road, Unit 5

Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • Directions: Traveling I-40 take exit 347, take Hwy 27S, travel 22 miles to Spring City, left at the McDonalds on New Lake Road, one mile on left.
  • Latitude: 35.678789
  • Longitude: -84.854938
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: Taylor S Landing Ph 1
  • Topography: Level,Other
Taxes and HOA
  • Tax Legal Description: 1235 New Lake Rd Unit 5, Deeded Boat slip Unit 2
  • Additional Parcels: No
  • Association Fee Includes: All Amenities, Grounds Maintenance
  • Association Fee Frequency: Monthly
  • Parcel Number: 037b B 002.00
  • Association Fee: $150
  • Association: Yes
  • Tax Annual Amount: $2,089
School Information
  • Middle Or Junior School: Spring City Elementary & Middle
  • High School: Rhea County High School
  • Elementary School: Spring City
Parking
  • Garage: No
  • Attached Garage: No
Property
Lot Information
  • Lot Features: Level, Rural, Sprinklers In Front, Sprinklers In Rear, Other
  • Lot Size Dimensions: 0
  • Lot Size Acres: 0.0
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 0.0
  • Building Area Total: 1680.0
  • Lot Size Units: Acres
  • Living Area: 1680.0
  • Living Area Units: Square Feet
Property and Assessments
  • Property Type Label: Residential
  • Property Attached: No
  • Sewer: Public Sewer
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 2008
  • Property Type: Residential,Condo
  • Property Sub Type: Condominium
  • Description : Contemporary: Yes
Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Fiber Cement, Stone
  • Pool Private: No
  • Window Features: Insulated Windows, Vinyl Frames
  • Community Features: Sidewalks
  • Parking Features: Off Street
  • Exterior Features: Boat Slip, Dock, Dock - Floating, Dock - Stationary
  • Roof: Shingle
  • Roofing : Shingle: Yes
  • Roofing : Tile: Yes
Interior Features
  • Fireplace: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Electric: Yes
  • Bedrooms Total: 4
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Room Type: Great Room, Bathroom, Bedroom, Primary Bedroom, Bonus Room
  • Rooms Total: 9
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Cooling: Yes
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Heating: Yes
  • Other Equipment: Irrigation System
  • Foundation Details: Slab
  • Basement: No
  • Cooling: Central Air, Electric, Multi Units
  • Heating: Central, Electric
  • Levels: Three Or More
  • Interior Features: Double Shower, Double Vanity, En Suite, Granite Counters, High Ceilings, Open Floorplan, Pantry, Separate Shower, Tub/shower Combo, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Green Features : Central Air: Yes
  • Cooling : Central: Yes
  • Bed/Bath : Double Shower: Yes
  • Bed/Bath : En Suite: Yes
  • Bed/Bath : Separate Shower: Yes
  • Floors : Carpet: Yes
Room Information
Room 1
  • Room Type: Great Room
  • Room Level: First
Room 2
  • Room Type: Bathroom
  • Room Level: First
  • Room Description: Full Bathroom
Room 3
  • Room Type: Bathroom
  • Room Level: Second
  • Room Description: Full Bathroom
Room 4
  • Room Type: Bathroom
  • Room Level: Second
  • Room Description: Full Bathroom
Room 5
  • Room Type: Bedroom
  • Room Level: First
Room 6
  • Room Type: Bedroom
  • Room Level: Second
Room 7
  • Room Type: Bedroom
  • Room Level: Second
Room 8
  • Room Type: Primary Bedroom
  • Room Level: Second
Room 9
  • Room Type: Bonus Room
  • Room Level: Second
Multi Family
Unit 2
  • Unit 2 Features : Living Room: Yes

Property History for 1235 New Lake Road, Unit 5

DateEvent & SourcePriceAppreciation
Mar 12, 2026

Listed (Active)

REALTRACS #3147855

$400,000—
Mar 12, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1530232

$400,000—
Mar 12, 2026

Listed (Active)

KAARMLS #1332394

$400,000—
Jul 10, 2023

Closed

REALTRACS #2714489

$360,000—
Jul 10, 2023

Active - Not Showing

REALTRACS #2589082

$375,000—
Jul 10, 2023

Closed

Greater Chattanooga Association of REALTORS #1372535

$360,000—
Jul 10, 2023

Closed

KAARMLS #1225213

$360,000—
Jul 10, 2023

Closed

Greater Chattanooga Association of REALTORS #1372535

$360,000—
Jul 6, 2023

Closed (Public Record)

Public Record #1514677501

$360,000—
Jun 23, 2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1372535

—
Jun 23, 2023

Contract - Showing

Greater Chattanooga Association of REALTORS #1372535

—
Jun 23, 2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1372535

—
Jun 23, 2023

Contract - Not Showing

REALTRACS #2714489

—
Jun 23, 2023

Contract - Not Showing

REALTRACS #2589082

—
Jun 23, 2023

Contract - Not Showing

KAARMLS #1225213

—
May 2, 2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1372535

$375,000—
May 2, 2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1372535

$375,000—
Apr 27, 2023

Listed (Active)

KAARMLS #1225213

$375,000—
Nov 29, 2017

Closed

KAARMLS #1016382

$162,000—
Nov 2, 2017

Contract - Not Showing

KAARMLS #1016382

—
Oct 10, 2017

Listed (Active)

KAARMLS #1016382

$169,000—
Feb 5, 2016

Expired

Greater Chattanooga Association of REALTORS #1232468

$135,000—
Feb 5, 2016

Expired

Greater Chattanooga Association of REALTORS #1232468

$135,000—
Aug 6, 2015

Listed (Active)

Greater Chattanooga Association of REALTORS #1232468

$189,900—
Aug 6, 2015

Listed (Active)

Greater Chattanooga Association of REALTORS #1232468

$189,900—
Mar 26, 2009

Withdrawn

Greater Chattanooga Association of REALTORS #1108018

$279,900—
Mar 26, 2009

Withdrawn

Greater Chattanooga Association of REALTORS #1108018

$279,900—
May 15, 2008

Listed (Active)

Greater Chattanooga Association of REALTORS #1108018

$279,900—
May 15, 2008

Listed (Active)

Greater Chattanooga Association of REALTORS #1108018

$279,900—
DateEvent & SourcePrice
03/12/2026

Listed (Active)

REALTRACS #3147855

$400,000
03/12/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1530232

$400,000
03/12/2026

Listed (Active)

KAARMLS #1332394

$400,000
07/10/2023

Closed

REALTRACS #2714489

$360,000
07/10/2023

Active - Not Showing

REALTRACS #2589082

$375,000
07/10/2023

Closed

Greater Chattanooga Association of REALTORS #1372535

$360,000
07/10/2023

Closed

KAARMLS #1225213

$360,000
07/10/2023

Closed

Greater Chattanooga Association of REALTORS #1372535

$360,000
07/06/2023

Closed (Public Record)

Public Record #1514677501

$360,000
06/23/2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1372535

—
06/23/2023

Contract - Showing

Greater Chattanooga Association of REALTORS #1372535

—
06/23/2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1372535

—
06/23/2023

Contract - Not Showing

REALTRACS #2714489

—
06/23/2023

Contract - Not Showing

REALTRACS #2589082

—
06/23/2023

Contract - Not Showing

KAARMLS #1225213

—
05/02/2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1372535

$375,000
05/02/2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1372535

$375,000
04/27/2023

Listed (Active)

KAARMLS #1225213

$375,000
11/29/2017

Closed

KAARMLS #1016382

$162,000
11/02/2017

Contract - Not Showing

KAARMLS #1016382

—
10/10/2017

Listed (Active)

KAARMLS #1016382

$169,000
02/05/2016

Expired

Greater Chattanooga Association of REALTORS #1232468

$135,000
02/05/2016

Expired

Greater Chattanooga Association of REALTORS #1232468

$135,000
08/06/2015

Listed (Active)

Greater Chattanooga Association of REALTORS #1232468

$189,900
08/06/2015

Listed (Active)

Greater Chattanooga Association of REALTORS #1232468

$189,900
03/26/2009

Withdrawn

Greater Chattanooga Association of REALTORS #1108018

$279,900
03/26/2009

Withdrawn

Greater Chattanooga Association of REALTORS #1108018

$279,900
05/15/2008

Listed (Active)

Greater Chattanooga Association of REALTORS #1108018

$279,900
05/15/2008

Listed (Active)

Greater Chattanooga Association of REALTORS #1108018

$279,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1235 New Lake Road, Unit 5

Taxable ValueLand$20,000Additions$69,200Total$89,200
Home Facts
Beds0Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2StyleCondominiumYear Built2008CountyRHEAAPN037B B 00200C005Fireplace TypeHas Fireplace

Schools near 1235 New Lake Road, Unit 5

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Spring City Elementary School
PublicPK to 5

Spring City Middle School
Public6 to 8

Rhea County High School
Public9 to 12

Rhea Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1235 New Lake Road, Unit 5 is a condo for sale in Spring City, TN 37381. This property was listed for sale on March 12, 2026 by Keller Williams Realty, it's currently listed at $400,000. It has been on the market for a total of 10 days and was last sold on July 10, 2023. This listing's school district is Rhea County School District. Nearby schools include Spring City Elementary School, Spring City Middle School and Rhea County High School. 1235 New Lake Road, Unit 5 is a 4-bed, 3-bath, 1,680 sqft condo built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty, Asher Black (423.208.4943)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 03/12/2026 09:56 AM