Sold
Last Sold Price
306 Chestnut St, Unit 306, Spring City, TN 37381
Single FamilyProperty Type
0.5 acresLot Size

Description

Motivated Seller - Reduced! Live the lake life on Watts Bar Lake! One lot, level to rolling -available now for a great price. Great View and Location in Spring City. Utilities at the road and lake access nearby. Build a tiny home! Restrictions allow 550 SQFT and up, must be a site-built home. Voluntary HOA. Option to purchase two lots, side-by-side, together for $17,500. Parcel IDs: 038F E 006.00 & 038F E 005.00. Come see this lot today!Motivated Seller - Reduced! Live the lake life on Watts Bar Lake! One lot, level to rolling -available now for a great price. Great View and Location in Spring City. Utilities at the road and lake access nearby. Build a tiny home! Restrictions allow 550 SQFT and up, must be a site-built home. Voluntary HOA. Option to purchase two lots, side-by-side, together for $17,500. Parcel IDs: 038F E 006.00 & 038F E 005.00. Come see this lot today!
  • Listed by: Melody McNeill • Keller Williams
Listing closed: 08/11/2023 12:00 AM • Source: Greater Chattanooga Association of REALTORS, MLS#: 1374872

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Recent comparable sales

Median sold price

$32,000

Avg days on market

150

Sale-to-list ratio

75.1%

Spring City, TN

9 comparable properties found

$8,000 | 0 Chestnut Drive, Spring City, TN 37381
1/3
1

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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.5
Acres
$290,000 | N/a Torbett Road, Spring City, TN 37381
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$9,500 | 242 Hickory Drive, Spring City, TN 37381
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Sold 09/04/26

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Bathrooms
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Square Feet
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$32,500 | 0 Piney Point Road, Spring City, TN 37381
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Sold 11/19/25

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$90,000 | Lot 33-35 Spring Harbor Drive, Spring City, TN 37381
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$32,000 | 0 Spring Harbor Drive, Unit LOT 32A, Spring City, TN 37381
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$205,000 | 0 Spring Crossing Drive, Unit LOT 10, Spring City, TN 37381
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Sold 08/28/25

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Square Feet
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$6,900 | Lot 22 Moon Circle, Unit 22, Spring City, TN 37381
1/4
8

$6,900

Sold 11/19/25

Unavailable
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Square Feet
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$30,000 | 264 Len Mar Road, Spring City, TN 37381
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Amenities

  • Lake Access
  • Waterfront

Location

Listing Courtesy of Keller Williams, Melody McNeill (423.649.0090)

Sold By Keller Williams, Melody McNeill (423.649.0090)

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Property Information for 306 Chestnut Street, Unit 306

Property Details
  • Taxes: $29 / year
  • MLS Type: Land / Residential
  • County: Rhea County
Building Information
  • Lot Size: 0.50 AC
Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • Directions: Directions to Property: Hwy. 27 N to Right on E Jackson Ave, left on Toestring Valley Rd, Turn Right on Ware Farms Rd, then it becomes Lakewood Village Rd, Turn Right on Spruce Drive, left on Chestnut Drive Lots are nearly to the end of road cul-de-sac on right.
  • Latitude: 35.673727
  • Longitude: -84.790002
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: Lakewood Village
  • Location Tax Legal Info : Zoning: None
  • Flood Zone : No: Yes
  • Road : County: Yes
  • Road : Paved: Yes
Taxes and HOA
  • Tax Book Number: 495
  • Tax Legal Description: 038F E 006.00
  • Parcel Number: 038f E 006.00
  • Association Fee: $0
  • Tax Annual Amount: $29
  • Location Tax Legal Info : Deed Page: 83
  • Location Tax Legal Info : HOA Fee: 50
  • Location Tax Legal Info : HOA Frequency: Annually
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: Subdivision, Wooded
  • Lot Size Dimensions: 102.87 X 202.3 IRR
  • Lot Size Acres: 0.5
  • Lot Size Square Feet: 21780.0
  • Lot Size Units: Acres
Property and Assessments
  • Location Tax Legal Info : Multi-Use: No
  • Location Tax Legal Info : 55 Community: No
  • Property Type Label: Land
  • Documents Available: Confirmation of Agency
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Residential
  • Improvements : None: Yes
  • Adjacent Use : Single Family: Yes
  • Options : Will Not Divide: Yes
Utilities
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Interior and Exterior Features
Exterior Features
  • Community Features: Dock, Water Access (Lk/Rvr)
  • Structures : None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Shape : Regular: Yes
Multi Family
Multi-Family Information
  • Location Tax Legal Info : Unit #/Lot: 306

Property History for 306 Chestnut Street, Unit 306

DateEvent & SourcePriceAppreciation
Aug 11, 2023

Closed

Greater Chattanooga Association of REALTORS #1374872

$8,000—
Jul 22, 2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1374872

—
Jul 19, 2023

Price Change

Greater Chattanooga Association of REALTORS #1374872

$9,000—
DateEvent & SourcePrice
08/11/2023

Closed

Greater Chattanooga Association of REALTORS #1374872

$8,000
07/22/2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1374872

—
07/19/2023

Price Change

Greater Chattanooga Association of REALTORS #1374872

$9,000

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

Schools near 306 Chestnut Street, Unit 306

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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Nearby home values

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.

Listing Courtesy of Keller Williams, Melody McNeill (423.649.0090)

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: 09/10/2024 12:29 AM