340 Melrose Pl

$995,000
Price
3
Beds
3,587 Sq. Ft.
$277 / Sq. Ft.
3,587
Sq. Ft.
$277
per Sq. Ft.

Description

Welcome to your dream waterfront home at 340 Melrose Place! Nestled on a dockable lot, this stunning 3BR/3BA residence offers exquisite living tailored for comfort and luxury. Step into the inviting living room, where cathedral ceilings and a cozy wood-burning fireplace create a warm and welcoming atmosphere. The chef's kitchen boasts an abundance of shaker-style cabinets, elegant granite countertops, and high-end stainless steel appliances. A butler's pantry, complete with a sink and beverage fridge,...Welcome to your dream waterfront home at 340 Melrose Place! Nestled on a dockable lot, this stunning 3BR/3BA residence offers exquisite living tailored for comfort and luxury. Step into the inviting living room, where cathedral ceilings and a cozy wood-burning fireplace create a warm and welcoming atmosphere. The chef's kitchen boasts an abundance of shaker-style cabinets, elegant granite countertops, and high-end stainless steel appliances. A butler's pantry, complete with a sink and beverage fridge, seamlessly connects the kitchen, ideal for entertaining and everyday living. The generously sized primary bedroom is a true retreat, featuring a charming sitting area with another wood-burning fireplace and soaring cathedral ceilings. The large walk-in closet provides ample storage, while the luxurious primary bathroom is a spa-like oasis, equipped with a soaking tub, a spacious tiled walk-in shower, dual vanities, heated floors, and accessibility features. The other two guest rooms each have their own bathrooms, adding to the comfort and privacy of your guests. A well-appointed laundry room with a sink adds to the home's functionality. Step outside to the expansive covered deck, where cathedral ceilings and a wood-burning fireplace set the stage for unforgettable gatherings. The deck overlooks the beautifully landscaped level yard and inviting water views, making it perfect for entertaining or simply enjoying serene moments in nature. This property also includes a two-car oversized garage with a workshop area, complete with storage solutions and a separate heating/cooling unit for year-round comfort. With all doorways designed for handicap accessibility and durable poured concrete floors and walls, this home effortlessly combines style and practicality. Experience the perfect blend of waterfront living (also community boat launch) and elegant design at this exceptional property in Dayton. Don't miss out on the opportunity to call this stunning home your own!
  1. Listed by Anneke Wilkey • Coldwell Banker Pryor Realty

Property Details for 340 Melrose Place

Architectural Style
Ranch
Waterfront
Yes
LISTING UPDATED: 10/09/2025 02:39 PM

Property Details for 340 Melrose Place

StatusActive
MLS #1520995
Days on Market102
Taxes$3,392 / year
HOA Fees$1,000 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2022
Lot Size0.72 AC / 31,363 SF
CountyRhea County

Location

Listing Courtesy of Coldwell Banker Pryor Realty, Anneke Wilkey (423.580.7794)
Add your commute

Building Information for 340 Melrose Place

Stories-Year Built2022Building Size-Lot Size0.72 AC / 31,363 SF

Payment Calculator

$5,283 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,917

Property Taxes

$283

HOA Dues

$83

The Payment Calculator is for illustrative purposes only.

Property Information for 340 Melrose Place

Summary
Location and General Information
  • City: Dayton
  • County Or Parish: Rhea
  • Directions: From office, take Hwy 27N, turn right on New Union, turn right on Melrose Landing, turn right on Melrose Place. House is on right.
  • Latitude: 35.493053
  • Longitude: -84.902764
  • Postal Code: 37321
  • State Or Province: TN
  • Subdivision Name: Melrose Landing
Taxes and HOA
  • Tax Legal Description: 092j A 01300 000
  • Additional Parcels: No
  • Association Fee Includes: Other
  • Association Fee Frequency: Annually
  • Parcel Number: 092j A 013.00
  • Association Fee: $1,000
  • Association: Yes
  • Tax Annual Amount: $3,392
School Information
  • Middle Or Junior School: Rhea County Middle
  • High School: Rhea County High School
  • Elementary School: Frazier Elementary School
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Attached Garage: Yes
Property
Lot Information
  • Lot Features: Level, Waterfront
  • Lot Size Dimensions: 67.14 X 269.89
  • Lot Size Acres: 0.72
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 31363.2
  • Building Area Total: 3587.0
  • Lot Size Units: Acres
  • Living Area: 3587.0
Property and Assessments
  • Property Type Label: Residential
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 2022
  • 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
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Vinyl Siding
  • Pool Features: None
  • Community Features: Gated, Other
  • Parking Features: Driveway, Garage
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Roofing : Shingle: Yes
  • Roofing : Tile: Yes
  • Structures : None: Yes
Interior Features
  • Fireplace: Yes
  • Bedrooms Total: 3
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Rooms Total: 0
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 3.0
  • Cooling: Yes
  • Heating: Yes
  • Foundation Details: Concrete Perimeter
  • Cooling: Central Air
  • Heating: Central
  • Levels: One
  • Interior Features: Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Soaking Tub, Split Bedrooms, Storage, Walk-In Closet(s)
  • Flooring: Luxury Vinyl, Tile
  • Green Features : Central Air: Yes
  • Foundation : Concrete Perimeter: Yes
  • Cooling : Central: Yes
Multi Family
Unit 4
  • Unit 4 Features : Storage: Yes

Property History for 340 Melrose Place

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Price Change

Greater Chattanooga Association of REALTORS #1520995

$995,000—
Sep 23, 2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1520995

$1,100,000—
May 4, 2018

Closed (Public Record)

Public Record #621415166

$55,500

+19.1% / yr

May 22, 2017

Closed (Public Record)

Public Record #597279624

$47,000—
DateEvent & SourcePrice
10/09/2025

Price Change

Greater Chattanooga Association of REALTORS #1520995

$995,000
09/23/2025

Listed (Active)

Greater Chattanooga Association of REALTORS #1520995

$1,100,000
05/04/2018

Closed (Public Record)

Public Record #621415166

$55,500

+19.1% / yr

05/22/2017

Closed (Public Record)

Public Record #597279624

$47,000

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

Public Records for 340 Melrose Place

Taxable ValueLand$26,000Additions$225,550Total$251,550
Tax Record2024$3,392 ($283 / month)
Home Facts
Beds0Total Finished SqFt3,587 SqFtAbove Grade Finished SqFt3,587 SqFtStories1Lot Size87,120 SqFtStyleSingle Family ResidenceYear Built2022CountyRHEAAPN092J A 01300Fireplace TypeHas Fireplace

Schools near 340 Melrose Place

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Frazier Elementary School
PublicK to 5

Rhea Middle School
Public6 to 8

Rhea County High School
Public9 to 12

Rhea Central Elementary
PublicPK to 5

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.

Similar Homes

Similar Sold Homes

340 Melrose Place is a single family home for sale in Dayton, TN 37321. This property was listed for sale on September 23, 2025 by Coldwell Banker Pryor Realty, it's currently listed at $995,000. It has been on the market for a total of 102 days and was last sold on May 4, 2018. This listing's school district is Rhea County School District. Nearby schools include Frazier Elementary School, Rhea Middle School and Rhea County High School. 340 Melrose Place is a 3-bed, 3-bath, 3,587 sqft single family home built in 2022.

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 Pryor Realty, Anneke Wilkey (423.580.7794)

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: 10/09/2025 02:39 PM