137 Lake Forest Ln

Spring City, TN 37381

$575,000
Price
3
Beds
1,520 Sq. Ft.
$378 / Sq. Ft.
1,520
Sq. Ft.
$378
per Sq. Ft.
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Description

unforgettable evenings. Designed for effortless outdoor entertaining, this home offers expansive decking and a covered screened porch that adds valuable living space while framing stunning lake views. Inside, you'll find 3 bedrooms and 2 baths, with a primary suite and laundry rm on the main level, kitchen with breakfast bar, granite countertops that offers a great design to ensure maximum use of all the space. This one is fully furnished and ready to enjoy. Lots of options.....ideal as a short-term...unforgettable evenings. Designed for effortless outdoor entertaining, this home offers expansive decking and a covered screened porch that adds valuable living space while framing stunning lake views. Inside, you'll find 3 bedrooms and 2 baths, with a primary suite and laundry rm on the main level, kitchen with breakfast bar, granite countertops that offers a great design to ensure maximum use of all the space. This one is fully furnished and ready to enjoy. Lots of options.....ideal as a short-term rental, lakefront investment or enjoy as your own personal lakeside escape. Sellers will assist with closing costs, making this opportunity as smart as it is beautiful. ✅Lake life ✅Income potential ✅Sunset magic. This one checks all the boxes—an easy choice for easy living!
  1. Listed by Kathy May-Martin • Coldwell Banker Jim Henry & Assoc.

Property Details for 137 Lake Forest Lane

Architectural Style
Other
View
Country Setting, Lake
Waterfront
Yes
LISTING UPDATED: 01/29/2026 11:34 AM

Property Details for 137 Lake Forest Lane

StatusActive
MLS #1527460
Days on Market3
Taxes$2,141 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1982
Lot Size0.56 AC / 24,393 SF
CountyRhea County

Location

Listing Courtesy of Coldwell Banker Jim Henry & Assoc., Kathy May-Martin (865.603.7230)
Add your commute

Building Information for 137 Lake Forest Lane

Stories1Year Built1982Building Size-Lot Size0.56 AC / 24,393 SF

Payment Calculator

$2,981 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,802

Property Taxes

$178

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 137 Lake Forest Lane

Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • Directions: HWY 68 to right on Old Rhea Springs Rd. to right on Wolf Creek Rd. to left on Lake Forest Dr. to right on Lake Forest Lane. House on left, S.O.P.
  • Latitude: 35.657046
  • Longitude: -84.80252
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: Lake Forest Estates
Taxes and HOA
  • Tax Legal Description: Lake Forest Estates lot 0009 Book/Page 3/211 Duck Island Cottage on Air BNB Ward 02
  • Additional Parcels: No
  • Parcel Number: 44b A 008.00
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $2,141
School Information
  • Middle Or Junior School: Spring City
  • High School: Rhea County High School
  • Elementary School: Spring City
Parking
  • Garage Spaces: 1.0
  • Garage: Yes
  • Attached Garage: No
Property
Lot Information
  • Lot Features: Irregular Lot, Level, Waterfront
  • Lot Size Dimensions: 94.6 x 269 IRR
  • Lot Size Acres: 0.56
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 24393.6
  • Building Area Total: 1520.0
  • Lot Size Units: Acres
  • Living Area: 1520.0
Property and Assessments
  • Property Type Label: Residential
  • Property Attached: No
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1982
  • Property Type: Residential,Single Family Residence
  • Property Sub Type: Single Family Residence
  • Improvements : Driveway: Yes
Utilities
  • WaterSewer : Septic Tank: Yes
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected, Propane
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Stone, Wood Siding
  • Parking Features: Driveway, Garage
  • Exterior Features: Dock
  • Roof: Shingle
  • Roofing : Shingle: Yes
  • Roofing : Tile: Yes
Interior Features
  • Fireplace: No
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Rooms Total: 6
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Heating: Yes
  • Foundation Details: Permanent
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Propane
  • Levels: One and One Half
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Split Bedrooms, Storage
  • Flooring: Carpet, Hardwood, Tile
  • Stories: 1
  • Green Features : Central Air: Yes
  • Green Features : Dryer: Yes
  • Green Features : Washer: Yes
  • Cooling : Central: Yes
  • Floors : Carpet: Yes
Multi Family
Unit 4
  • Unit 4 Features : Storage: Yes

Property History for 137 Lake Forest Lane

DateEvent & SourcePriceAppreciation
Jan 28, 2026

Listed (Active)

KAARMLS #1327787

$575,000—
Jan 28, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1527460

$575,000—
DateEvent & SourcePrice
01/28/2026

Listed (Active)

KAARMLS #1327787

$575,000
01/28/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1527460

$575,000

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

Public Records for 137 Lake Forest Lane

Taxable ValueLand$43,750Additions$55,450Total$99,200
Tax Record2024$1,338 ($112 / month)
Home Facts
Beds0Total Finished SqFt1,520 SqFtAbove Grade Finished SqFt1,520 SqFtStories2Lot Size25,175 SqFtStyleSingle Family ResidenceYear Built1982Year Renovated1999CountyRHEAAPN044B A 00800Fireplace TypeHas Fireplace

Schools near 137 Lake Forest Lane

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Spring City Elementary School
Public - PK to 5
Spring City Middle School
Public - 6 to 8
Rhea County High School
Public - 9 to 12
Rhea Middle School
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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More information about 137 Lake Forest Lane, Spring City, TN 37381

137 Lake Forest Lane is a single family home for sale in Spring City, TN 37381. This property was listed for sale on January 28, 2026 by Coldwell Banker Jim Henry & Assoc., it's currently listed at $575,000. 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. 137 Lake Forest Lane is a 3-bed, 2-bath, 1,520 sqft single family home built in 1982.

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 makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Jim Henry & Assoc., Kathy May-Martin (865.603.7230)

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: 01/29/2026 11:34 AM