Sold
Last Sold Price
$60,000
33,105 Lot Size0.76 Acres

Peninsula Rd Spring, Spring City, TN 37381

LandProperty Type
0.76 acresLot Size

Description

Have a little heaven building your home nestled in the trees with the lake at full pool you have water on your lot with a great view of Watts Bar Lake. Well maintained easy walk to the water. Sensible restrictions with only a 1000'sq ft min. making this an easy second home or your permanent home. Sea wall is in place and the lot is so nicely positioned on the corner of Peninsula and Sable Rds. you can place your home just right to enjoy the best views. Only 1 mile to convenience store, Dollar General...Have a little heaven building your home nestled in the trees with the lake at full pool you have water on your lot with a great view of Watts Bar Lake. Well maintained easy walk to the water. Sensible restrictions with only a 1000'sq ft min. making this an easy second home or your permanent home. Sea wall is in place and the lot is so nicely positioned on the corner of Peninsula and Sable Rds. you can place your home just right to enjoy the best views. Only 1 mile to convenience store, Dollar General and 15 miles to Rhea County Medical Center and the town of Dayton and Spring City
  • Listed by: Joanne Mielenz • Sparks Realty, LLC
Listing closed: 10/06/2023 12:00 AM • Source: KAARMLS, MLS#: 1231324
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Recent comparable sales

Median sold price

$54,900

Avg days on market

238

Sale-to-list ratio

92.0%

Spring City, TN

9 comparable properties found

$54,900 | Lot 238 Hickory Dr Spring, Spring City, TN 37381
1/12
1

$54,900

Sold 08/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.49
Acres
$50,000 | 235 Len Mar Road, Spring City, TN 37381
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Sold 03/20/25

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Acres
$700,000 | Torbett Rd Spring, Spring City, TN 37381
1/12
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Sold 05/22/25

Unavailable
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Unavailable
Bathrooms
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Square Feet
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Acres
$89,500 | 4.99-acres Juniper Court, Spring City, TN 37381
1/15
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$89,500

Sold 09/17/26

Unavailable
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Bathrooms
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Square Feet
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Acres
$49,900 | Mars Hill Rd Spring, Spring City, TN 37381
1/14
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$49,900

Sold 06/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.68
Acres
$14,000 | 1.23-acres Dogwood Court, Spring City, TN 37381
1/17
6

$14,000

Sold 05/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres
$70,000 | 312 River Run Trail, Spring City, TN 37381
1/21
7

$70,000

Sold 03/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
$64,000 | 5.9-acres Rhea County Highway, Spring City, TN 37381
1/10
8

$64,000

Sold 12/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.9
Acres
$54,000 | 4.9-acres Raccoon Ridge Road, Spring City, TN 37381
1/28
9

$54,000

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.9
Acres

Location

Listing Courtesy of Sparks Realty, LLC, Joanne Mielenz

Sold By eXp Realty, LLC, Pam Anderson (423.284.6897); eXp Realty, LLC, Darren Miller (423.284.6897)

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Property Information for Peninsula Rd Spring

Property Details

  • Taxes: $592 / year
  • MLS Type: Lots & Acreage
  • County: Rhea County
  • Sub division Name: Sable Hills
  • Zoning Description: Zoned Residential
  • Zoning Zoned Residential: True

Building Information

  • Lot Size: 0.76 AC

Summary

Location and General Information
  • City: Spring City
  • County Or Parish: Rhea County - 42
  • Directions: From Knoxville I 40 W to I 75 N take exit 60 Hwy 68 turn right go 20 miles to right on Sable. From Spring City Hwy 27 N to left on Hwy 68 3 miles Left on Sable lot on corner of Sable and Peninsula
  • FrontageType: Lakefront
  • Latitude: 35.638376
  • Longitude: -84.813245
  • MLS Area Major: Rhea County - 42
  • MLS Area Minor: Rhea County - 42
  • Postal Code: 37381
  • State Or Province: TN
  • Topography: Level, Low
  • Road Access Public Road: True
  • Road Frontage County: True
  • View Lakefront: True
  • Location Tax Legal Info Area: Rhea County - 42
  • Remarks Misc Directions: From Knoxville I 40 W to I 75 N take exit 60 Hwy 68 turn right go 20 miles to right on Sable. From Spring City Hwy 27 N to left on Hwy 68 3 miles Left on Sable lot on corner of Sable and Peninsula
  • Property Sub-Type Waterfront Access: True
  • Topography Level: True
  • Topography Level: True
  • Topography Low: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 050A B 032.00
  • Location Tax Legal Info Total Tax: 591.81
Virtual Tour
  • Virtual Tours Count: 0

Property

Lot Information
  • Lot Size Area: 0.76
  • Lot Size Units: Acres
  • Lot Size Square Feet: 33105.6
  • Lot Features: Corner Lot, Irregular Lot
  • Lot Size Acres: 0.76
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: 95 x 300 irr
  • General Property Description SqFt - Min Ranch: 1000.0
  • General Property Description Lot Dimensions: 95 x 300 irr
  • General Property Description Acres: 0.76
  • General Property Description Acre Source: Tax Records
  • Lot Description Corner Lot: True
  • Lot Description Irregular Lot: True
  • Lot Description Level: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: Yes
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements TVA Flowage Easement: True
  • Easements Typical Subdivision: True
  • Documents on File Restrictions: True
  • Developmnt Potential Single Family: True
  • Developmnt Potential Subdivision: True
  • Possession At Closing: True
Utilities
  • Utilities Available Cable TV: True
  • Utilities Available Electricity: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True

Interior and Exterior Features

Exterior Features
  • Improvements Sea Wall: True
Interior Features
  • Bathrooms Total Integer: 0

Rental

Rent Information
  • General Property Description Restrictions: Yes

Property History for Peninsula Rd Spring

DateEvent & SourcePriceAppreciation
May 30, 2024

Withdrawn

KAARMLS #1257178

—
—
Apr 14, 2024

Listed (Active)

KAARMLS #1257178

$450,000
—
Apr 2, 2024

Contract - Not Showing

KAARMLS #1257178

—
—
DateEvent & SourcePrice
05/30/2024

Withdrawn

KAARMLS #1257178

—
04/14/2024

Listed (Active)

KAARMLS #1257178

$450,000
04/02/2024

Contract - Not Showing

KAARMLS #1257178

—

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

Schools near Peninsula Rd Spring

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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Peninsula Rd Spring, Spring City, TN 37381
$60,000
–
–
–
33,105
$235,000
3
2,285
0
$146,000
3
1,810
150,285
$259,900
3
1,478
0
–
–
2
1,352
33,072
–
–
2
1,377
27,027

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 Sparks Realty, LLC, Joanne Mielenz

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: 12/16/2024 03:33 PM