Last Sold Price
99,316 Lot Size2.28 Acres
2863 New Lake Rd, Spring City, TN 37381

Description

Build the life you've always dreamed of on this rare Watts Bar Lake waterfront property! Featuring over 200 feet of shoreline and a huge gently sloping to nearly level lot, this exceptional property offers endless possibilities for your future with a concrete boat ramp. With utilities available at the road, this is more than just a vacant piece of land--it's the future homesite where your dream lake home can become reality, an incredible investment opportunity, or even a potential short-term rental...Build the life you've always dreamed of on this rare Watts Bar Lake waterfront property! Featuring over 200 feet of shoreline and a huge gently sloping to nearly level lot, this exceptional property offers endless possibilities for your future with a concrete boat ramp. With utilities available at the road, this is more than just a vacant piece of land--it's the future homesite where your dream lake home can become reality, an incredible investment opportunity, or even a potential short-term rental retreat. Imagine waking up each morning to breathtaking East Tennessee sunrises over the water, spending your afternoons boating, fishing, swimming, and making lifelong memories on beautiful Watts Bar Lake. The generous lot size and easy access to the water provide the perfect setting for creating your own private lakefront oasis. Opportunities like this are becoming increasingly difficult to find on Watts Bar Lake. Conveniently located between Chattanooga and Knoxville, you'll enjoy the perfect balance of peaceful lake living while remaining close to shopping, dining, entertainment, and everyday conveniences. Whether you're looking to build your forever home, a weekend getaway, or an investment property, this exceptional waterfront tract offers the space, setting, and potential to make your vision a reality. Don't miss your chance to own a piece of East Tennessee paradise!
LISTING CLOSED: 07/29/2026 01:00 AM

  1. Listed by Ivey Hayes • simpliHOM
    P: (423) 285-7693 C: (423) 285-7693 iveyhayesrealtor@gmail.com

Property Details for 2863 New Lake Road

Status
MLS #
3231540
Days on Market
37
Taxes
$1,111 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
2.28 AC
Subdivision Name
None
View
Water
Waterfron Features
Pond
Waterfront
No

Location

Listing Courtesy of simpliHOM, Ivey Hayes (423.285.7693)

Sold By COMPS ONLY, Comps Non Member Licensee

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Building Information for 2863 New Lake Road

Lot Size2.28 AC

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$1,846 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,754

Property Taxes

$93

HOA Dues

$0

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Property Information for 2863 New Lake Road

Summary
Location and General Information
  • Directions: From McDonald's in spring city - turn on new lake road like you are heading toward hwy 68 and property will be approximately 2.8 miles on the left .
  • Elementary School: Spring City Elementary
  • High School: Rhea County High School
  • Middle Or Junior School: Spring City Middle School
  • Mlg Can View: Yes
  • Topography: Other
  • Zoning: Unknown
  • Road Frontage Type: County Road
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Lot Information
  • Current Use: Unimproved
  • Lot Features: Other
  • Lot Size Source: Agent Calculated
  • Lot Size Units: Acres
  • Parcel Number: 043 01700 000
  • Road Surface Type: Asphalt
  • Lot Size Area: 2.28
Property and Assessments
  • Documents Count: 1
  • Possession: Close Of Escrow
  • Property Attached: No
  • Senior Community: No
Utilities
  • Cooling: No
  • Heating: No
  • Sewer: Other
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: Yes

Property History for 2863 New Lake Road

DateEvent & SourcePriceAppreciation
Jul 29, 2026

Closed

REALTRACS #3231540

$345,000
Jul 29, 2026

Closed

Greater Chattanooga Association of REALTORS #1536256

$345,000
Jul 10, 2026

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1536256

DateEvent & SourcePrice
07/29/2026

Closed

REALTRACS #3231540

$345,000
07/29/2026

Closed

Greater Chattanooga Association of REALTORS #1536256

$345,000
07/10/2026

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1536256

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

Public Records for 2863 New Lake Road

Taxable ValueLand$42,500Additions$39,875Total$82,375
Tax Record2025$1,111 ($93 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,840 SqFtAbove Grade Finished SqFt1,840 SqFtStories1Lot Size99,317 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1985CountyRHEAAPN043 01700

Schools near 2863 New Lake Road

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 simpliHOM, Ivey Hayes (423.285.7693)

Based on information submitted to the MLS GRID as of 07/29/2026 05:14 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.