Sold
Last Sold Price
30,492 Lot Size0.7 Acres
495 Waterfront Way, Spring City, TN 37381
LandProperty Type
0.7 acresLot Size
$1,200/yrHOA Fees

Description

Discover the perfect opportunity to build your dream home on this lakefront 0.7-acre property in one of the most prestigious gated communities on Watts Bar Lake. It is located on a dock-permittable shoreline (TVA application and approval required), this property is a rare find for lake lovers. In addition, you'll enjoy the convenience of a deeded year round deep water, assigned boat slip complete with an electric lift—ready for endless days on the water. The community offers a true lifestyle upgrade...Discover the perfect opportunity to build your dream home on this lakefront 0.7-acre property in one of the most prestigious gated communities on Watts Bar Lake. It is located on a dock-permittable shoreline (TVA application and approval required), this property is a rare find for lake lovers. In addition, you'll enjoy the convenience of a deeded year round deep water, assigned boat slip complete with an electric lift—ready for endless days on the water. The community offers a true lifestyle upgrade with amenities including a private clubhouse with a gym, sidewalks throughout, a boat ramp, and walking trails. The neighborhood has a dedicated lot to park your boat trailers, underground utilities, private sewer, high speed internet, and a secure gated entrance. Whether you're looking for a weekend retreat or a full-time residence, this property provides the perfect blend of luxury, recreation, and natural beauty on one of Tennessee's most desirable lakes, WATTS BAR LAKE !
  • Listed by: Ivey Hayes 423.285.7693 iveyhayesrealtor@gmail.com • simpliHOM
Listing closed: 10/20/2025 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3032924

Recent comparable sales

Median sold price

$175,000

Avg days on market

129

Sale-to-list ratio

83.3%

Spring City, TN

9 comparable properties found

a view of a yard with trees
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Sold 06/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.62
Acres
$90,000 | 3335 Spring Harbor Drive, Spring City, TN 37381
1/2
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Sold 11/04/25

Unavailable
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Bathrooms
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Square Feet
3.77
Acres
$175,000 | 1 Pin Hook Road, Spring City, TN 37381
1/12
3

$175,000

Sold 01/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.1
Acres
a view of a lake with couches in the patio
1/15
4

$175,000

Sold 01/17/25

Unavailable
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Square Feet
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$200,000 | 45 Pin Hook Road, Spring City, TN 37381
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Sold 07/24/26

Unavailable
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Square Feet
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Acres
$250,000 | 1240 Lake Forest Drive, Spring City, TN 37381
1/2
6

$250,000

Sold 05/14/26

Unavailable
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Square Feet
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Acres
$290,000 | 0 Torbett Road, Spring City, TN 37381
1/39
7

$290,000

Sold 04/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres
$54,900 | 238 Hickory Drive, Spring City, TN 37381
1/12
8

$54,900

Sold 08/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.49
Acres
$28,000 | 0 Sable Road, Spring City, TN 37381
1/5
9

$28,000

Sold 12/03/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres

Location

Listing Courtesy of simpliHOM, Ivey Hayes (423.285.7693)

Sold By simpliHOM, Ivey Hayes (423.285.7693)

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Principal and Interest

$455

Property Taxes

$28

HOA Dues

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Property Information for 495 Waterfront Way

Property Details
  • Taxes: $337 / year
  • MLS Type: Land
  • County: Rhea County
  • Subdivision Name: Lakefront Estates
  • Waterfron Features: Lake Front, Pond
  • Waterfront: Yes
Building Information
  • Lot Size: 0.70 AC
Summary
Location and General Information
  • Directions: FROM J AND L MARKET SPRING CITY , TN DRIVE UNTIL YOU T IN , TAKE A RIGHT ON PINHOOK CONTINUE UNTIL YOU SEE LAKEFRONT ESTATES GATED COMMUNITY ON YOUR 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: Sloped
  • Road Frontage Type: Private Road
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Association Amenities: Clubhouse, Fitness Center, Gated
  • Association Fee Includes: Sewer
  • Condo Coop Association YN: Yes
Property
Lot Information
  • Lot Features: Sloped
  • Lot Size Units: Acres
  • Parcel Number: 044G C 04300 000
  • Lot Size Area: 0.7
Property and Assessments
  • Documents Count: 3
  • Possession: Close Of Escrow
  • Senior Community: No
Utilities
  • Cooling: No
  • Heating: No
  • Sewer: Private Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: No

Property History for 495 Waterfront Way

DateEvent & SourcePriceAppreciation
Oct 20, 2025

Closed (Public Record)

Public Record #1917868869

$88,000

-15.3% / yr

Oct 20, 2025

Closed

REALTRACS #3032924

$88,000
Oct 3, 2025

Contract - Not Showing

REALTRACS #3032924

DateEvent & SourcePrice
10/20/2025

Closed (Public Record)

Public Record #1917868869

$88,000

-15.3% / yr

10/20/2025

Closed

REALTRACS #3032924

$88,000
10/03/2025

Contract - Not Showing

REALTRACS #3032924

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

Public Records for 495 Waterfront Way

Taxable ValueLand$25,000Additions-Total$25,000
Tax Record2024$337 ($28 / month)
Home Facts
Beds0Lot Size30,492 SqFtStyleResidentialCountyRHEAAPN044G C 04300

Schools near 495 Waterfront Way

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. 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 05/20/2026 03:05 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.