155 Waters Edge Dr

Spring City, TN 37381

$399,000
Price
3
Beds
2,395 Sq. Ft.
$167 / Sq. Ft.
2,395
Sq. Ft.
$167
per Sq. Ft.
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Description

Modern Lake Living at the new Marina View Subdivision offering Space, Style, and No HOA! This thoughtfully designed 3-bedroom, 2-bathroom home lives much larger than its footprint, offering versatile spaces across three distinct levels of living. The Layout: Smart & Spacious
Main Level: Experience true connection in the open-concept heart of the home. The seamless flow between the kitchen, dining, and living areas is perfect for entertaining or quiet evenings in. The Upper Level: Offers a split bonus...Modern Lake Living at the new Marina View Subdivision offering Space, Style, and No HOA! This thoughtfully designed 3-bedroom, 2-bathroom home lives much larger than its footprint, offering versatile spaces across three distinct levels of living. The Layout: Smart & Spacious
Main Level: Experience true connection in the open-concept heart of the home. The seamless flow between the kitchen, dining, and living areas is perfect for entertaining or quiet evenings in. The Upper Level: Offers a split bonus room making it simple for adding 2 additional rooms. Whether you need a professional home office, a vibrant playroom, or an inspiring art studio, this light-filled space adapts to your lifestyle. With easy improvements windows can be added for end to end natuarl light. The Lower Level: The garage basement includes a generous 1,378 sqare feet. Approximately 1,200 square feet of unfinished area is a blank canvas ready to be transformed into the ultimate workshop, gym, ''he/she-cave,'' or additional storage for all your lake gear. Additional heating vents can be added to provide heating and cooling. Location: A Boater's Paradise
The home is Walking Distance to Spring City Boat Dock and Marina where you can launch your boat or rent a slip. Enjoy year-round lakeside dining at the Nick's Bar and Grill, one of the few year round marina restaurants on Watts Bar Lake. Commuter Friendly: Easy access to TN-27 and TN-68 which makes traveling to Chattanooga or Knoxville just an hour away. Investment & Lifestyle:
Whether you are looking for a permanent year-round residence or a lucrative short-term rental investment, this property delivers. No HOA: Enjoy the freedom of a fresh development with sensible restrictions and no fees. New Construction: Benefit from modern energy efficiencies and the peace of mind that comes with a brand-new build. Call for your private showing. Buyer to verify all pertinent information.
  1. Listed by Lee K Franz • Blue Key Properties

Property Details for 155 Waters Edge Drive

Architectural Style
Contemporary, Modular Home, Traditional
Sub division Name
Marina View Subd
View
Country Setting, Lake
Style Contemporary
True
Style Modular Home
True
Style Traditional
True
LISTING UPDATED: 03/05/2026 11:41 AM

Property Details for 155 Waters Edge Drive

StatusActive
MLS #1331006
Days on Market26
Taxes$1,138 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Residence
Year Built2024
Lot Size0.76 AC / 33,105 SF
CountyRhea County
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Location

Listing Courtesy of Blue Key Properties, Lee K Franz
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Building Information for 155 Waters Edge Drive

Stories-Year Built2024Building Size-Lot Size0.76 AC / 33,105 SF

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$2,031 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,936

Property Taxes

$95

HOA Dues

$0

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Property Information for 155 Waters Edge Drive

Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea County - 42
  • Directions: New Lake Road to Waters Edge Dr. Use Nick Bar and Grill as GPS assist. This is off New Lake Rd, not Dreamland. GPS gets confused.
  • Latitude: 35.66281
  • Longitude: -84.859263
  • MLS Area Major: Rhea County - 42
  • MLS Area Minor: Rhea County - 42
  • Postal Code: 37381
  • State Or Province: TN
  • View Country Setting: True
  • View Lake: True
  • Location Tax Legal Info Area: Rhea County - 42
  • Remarks Misc Directions: New Lake Road to Waters Edge Dr. Use Nick Bar and Grill as GPS assist. This is off New Lake Rd, not Dreamland. GPS gets confused.
  • Amenities Available Lake: true
Parking
  • Attached Garage: Yes
  • Parking Features: Garage Faces Rear, Garage Door Opener, Designated Parking, Attached, Basement
  • Atchd Dtchd Type Attached: True
  • Garage Parking Attached: True
  • Garage Parking Basement: True
  • Garage Parking Designated Parking: True
  • Garage Parking Garage Door Opener: True
  • Garage Parking Garage Spaces: 2.0
School Information
  • High School: Rhea County
  • Location Tax Legal Info High School: Rhea County
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 037P A 003.00
  • Location Tax Legal Info Total Tax: 1137.54
  • General Property Description HOA: No
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Building Area Source: Tax Records
  • Lot Size Area: 0.76
  • Lot Size Units: Acres
  • Lot Size Square Feet: 33105.6
  • Year Built: 2024
  • Lot Features: Rolling Slope
  • Building Area Total: 2395.0
  • Lot Size Acres: 0.76
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 1796.0
  • General Property Description SqFt - Down Lvl: 1376.0
  • General Property Description SqFt - 2nd Flr Lvl: 400.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 0.76
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Rolling Slope: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: Yes
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Septic Tank,Perc Test On File
  • Fuel Electric: True
  • Sewer Perc Test On File: True
  • Sewer Septic Tank: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Vinyl
  • Construction Materials: Vinyl, Block, Frame
  • Siding Vinyl: True
  • Exterior Features Deck: True
  • Exterior Features Doors - Energy Star: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Windows - Insulated: True
  • Exterior Features Windows - Vinyl: True
Interior Features
  • Beds Total: 3
  • Baths Full: 2
  • Baths Half: 0
  • Cooling: Central Cooling
  • Fireplaces Total: 0
  • Fireplace: No
  • Bathrooms Total Integer: 2
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Heating Details: Central, Forced Air, Heat Pump, Electric
  • Fireplace Features: None
  • Flooring: Carpet, Tile
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace None: True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Tile: True
  • Basement Crawl Space: True
  • Basement Roughed In: True
  • Basement Slab: True
  • Basement Unfinished: True
  • Basement Walkout: True
  • General Property Description Number of Bedrooms: 3
  • General Property Description Number of Rooms: 7
  • General Property Description Fireplace: No
  • General Property Description Number of Fireplace: 0.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: Yes
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Heat Forced Air: True
  • Heat - Heat Pump: True
  • Dining Area Breakfast Bar: True
  • Dining Area KitchenDining Rm Co: True
  • Appliances Dishwasher: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Other Rooms DenStudy: True
  • Other Rooms Extra Storage: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Other Rooms Rough-in-Room: True
  • Other Rooms Workshop: True
  • Misc Features Walk-in Closets: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
Room Information
Room
  • Rooms Total: 7
Rental
Rent Information
  • Contract Info Occupancy: Permanent Residence
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Forced Air,Heat Pump,Electric

Property History for 155 Waters Edge Drive

DateEvent & SourcePriceAppreciation
Mar 2, 2026

Listed (Active)

KAARMLS #1331006

$399,000—
Jan 12, 2026

Withdrawn

KAARMLS #1301705

—
Jan 11, 2026

Withdrawn

REALTRACS #2885833

$429,000—
Jan 11, 2026

Withdrawn

Greater Chattanooga Association of REALTORS #1512956

$429,000—
Nov 20, 2025

Price Change

KAARMLS #1301705

$429,000—
Nov 19, 2025

Listed (Active)

REALTRACS #2885833

$449,000—
May 20, 2025

Listed (Active)

KAARMLS #1301705

$449,000—
May 15, 2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1512956

$449,000—
DateEvent & SourcePrice
03/02/2026

Listed (Active)

KAARMLS #1331006

$399,000
01/12/2026

Withdrawn

KAARMLS #1301705

—
01/11/2026

Withdrawn

REALTRACS #2885833

$429,000
01/11/2026

Withdrawn

Greater Chattanooga Association of REALTORS #1512956

$429,000
11/20/2025

Price Change

KAARMLS #1301705

$429,000
11/19/2025

Listed (Active)

REALTRACS #2885833

$449,000
05/20/2025

Listed (Active)

KAARMLS #1301705

$449,000
05/15/2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1512956

$449,000

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

Schools near 155 Waters Edge Drive

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 155 Waters Edge Drive, Spring City, TN 37381

155 Waters Edge Drive is a single family home for sale in Spring City, TN 37381. This property was listed for sale on March 2, 2026 by Blue Key Properties, it's currently listed at $399,000. 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. 155 Waters Edge Drive is a 3-bed, 2-bath, 2,395 sqft single family home built in 2024.

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.

Listing Courtesy of Blue Key Properties, Lee K Franz

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: 03/05/2026 11:41 AM