2863 New Lake Rd

Spring City, TN 37381

$419,000
Price
99,316 / 2.28
Lot Size / Acres
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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!
  1. Listed by Ivey Hayes • simpliHOM

Property Details for 2863 New Lake Road

Zoning
Unknown
Waterfront
Yes
LISTING UPDATED: 06/14/2026 02:58 PM

Property Details for 2863 New Lake Road

StatusActive
MLS #1536256
Days on Market12
Taxes$1,111 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size2.28 AC
CountyRhea County
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Location

Listing Courtesy of simpliHOM, Ivey Hayes (855.856.9466)
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Building Information for 2863 New Lake Road

Lot Size2.28 AC

Payment Calculator

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$2,181 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,088

Property Taxes

$93

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2863 New Lake Road

Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • 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 .
  • Latitude: 35.656476
  • Longitude: -84.858724
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: None
  • Location Tax Legal Info : Zoning: Unknown
Taxes and HOA
  • Tax Legal Description: 043 017.00
  • Additional Parcels: No
  • Parcel Number: 043 01700 000
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $1,111
School Information
  • Middle Or Junior School: Spring City Elementary & Middle
  • High School: Rhea County High School
  • Elementary School: Spring City
Property
Lot Information
  • Lot Features: Waterfront
  • Lot Size Acres: 2.28
  • Lot Size Square Feet: 99316.8
  • Lot Size Units: Acres
Property and Assessments
  • Property Type Label: Land
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Improvements : None: Yes
Utilities
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Water Available
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Community Features: None
  • Exterior Features: None
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Other Equipment: None
  • Bed/Bath : None: Yes
Rental
Rental Information
  • Tenant Pays : None: Yes

Property History for 2863 New Lake Road

DateEvent & SourcePriceAppreciation
Jun 14, 2026

Price Change

REALTRACS #3231540

$419,000—
Jun 14, 2026

Price Change

Greater Chattanooga Association of REALTORS #1536256

$419,000—
Jun 6, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1536256

$449,000—
DateEvent & SourcePrice
06/14/2026

Price Change

REALTRACS #3231540

$419,000
06/14/2026

Price Change

Greater Chattanooga Association of REALTORS #1536256

$419,000
06/06/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1536256

$449,000

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
Beds0Total 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
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 2863 New Lake Road, Spring City, TN 37381

2863 New Lake Road is a 2.28 ac of land for sale in Spring City, TN 37381. This property was listed for sale on June 6, 2026 by simpliHOM, it's currently listed at $419,000. It has been on the market for a total of 12 days and was last sold on April 30, 2026. 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. 2863 New Lake Road is a 0-bed, 0-bath, 2.28 ac of land on a 99,316 sq. ft. / 2.28 acres lot.

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 (855.856.9466)

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: 06/14/2026 02:58 PM