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$1,395,000   Price Analysis
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575 Waterfront Way
Spring City, TN 37381
4 bed 5 bath 3,535 SqFt ($394/SqFt)
0.87 acre lot. Built 2023
Listed 2024-02-14, HOA $125, Taxes $986
May be USDA loan restricted due to income limits
near Spring City

Come home to one of the most enchanting

Breathtaking cul-de-sac lots in the year round waterfront gated Lakefront Estates community on Watts Bar. Covered porches welcome you and your guests from front to back with glowing fireplace and outdoor entertaining and dining area. A service window opens from the kitchen to the covered back overlooking the most soothing waters guaranteeing to improve your mental health and regain your spirit! This urban designed waterfront refuge promises total comfort as your primary residence or the ideal weekend escape with an exterior of low maintenance exterior cement fiber siding crowned by the perfect blend of standing seam metal, shingle and rolled commercial roof promising strong architectural character. Thoughtfully planned and designed for casual living and filled with natural light bringing the outside in and surrounded by inviting water views. The tone for a seamless, open flow of living and dining areas with ten foot ceilings highlighted by stain grade wood casings and accent walls throughout. Linear gas fireplaces provide dramatic focal points reinforcing clean contemporary lines inside and out.

The expansive family room easily lends itself to entertaining large gatherings while the warmth of wood detail promotes the perfect ambiance for more intimate evenings with family and friends. The kitchen is completely open to the family room with fireplace and eating area with versized work/serve island. Quartz countertops and solid backsplash with 48-inch free-standing six burner gas stove and double ovens, this kitchen will easily meet the scrutiny of the most discriminating family chefs. Overlooking big water views, a service window from the kitchen opens to the covered back inviting the outside in. The master retreat is privately tucked away on the main level with a spa-like bath and custom designed closet. Two guest suites are located on the second level where infinite water views continue in the expansive bonus, play or game room allowing all the family and friends to gather together overlooking the water. Additional community room with masterfully crafted wood wall feature offers exercise, yoga and or additional guest quarters or a possible bunk room that opens to the bonus room with full bath. The oversized two car garage offers valuable workshop space with a wall of glass overlooking the water while providing much needed natural light while working. A community rich with amenities to include additional recreational vehicle and RV parking, a clubhouse with fitness center and walking trails that begin with this home all within its gated entrance. Already approved for a Dock. Watts Bar Waterfront Home. No Place Like It!


Presented by Linda Brock at
Real Estate Partners Chattanooga, LLC.
Listing Agent Photo

Property MLS #1386788 from Chattanooga

Bedrooms: 4
Primary Bedroom Level: First

Total Rooms: 15
Den Level: Second
Living Room Level: First
Office/Study Room Level: First

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1

Ceiling - 9 Ft or More
Ceiling - Cathedral
Island Work/Center
Pantry
Walk-in Closet
Washer & Dryer Hookup
Wet Bar/Refresh Center
En Suite
Garden Tub
Jack & Jill Bath
Master on Main Level
Separate Vanities
Tub/Shower Combo
Walk-In Closet(s)
Separate Shower
Interior Amenities: Ceiling - 9 Ft or More, Ceiling - Cathedral, Island Work/Center, Pantry, Walk-in Closet, Washer & Dryer Hookup, Wet Bar/Refresh Center, En Suite, Garden Tub, Jack & Jill Bath, Master on Main Level, Separate Vanities, Tub/Shower Combo, Walk-In Closet(s), Separate Shower
Flooring: Carpet, Hardwood Floors, Hardwood Solid, Tile
Window Features: Insulated

Water Heater - Tankless
Microwave
Gas Range - Free Standing
Double Oven
Disposal
Convection Oven
Dishwasher
Refrigerator
Separate Ice Machine
Laundry Facilities: Laundry Room
Laundry Features: Laundry Room

Cooling Features: Central, Electric
Fireplace Features: Gas Log, Living Room, Outside
Heating Features: Central, Electric
Heating: Yes
Number of Fireplaces: 2

Dining Room Level: First
Kitchen Level: First

Porch
Porch Covered

Lot Description: Gradual Sloping, Water - Year Round Deep Water Access, Wooded, Water View, Scenic View, Water Access, Water Frontage (Lk/Rvr), Water Year Round (Lk/Rvr), Level
Lot Size Acres: 0.87
Lot Size Dimensions: 149.04 X 326.37 IRR
Lot Size Square Feet: 37804

Parking Features: 3 Car Garage or more, Attached, Main Level, Off Street Parking

Association: Yes
Association Fee: 1500
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 125

Elementary School: Spring City
High School: Rhea County High School
Middle School: Spring City

Rhea County High School is a public high school located approximately 9.2 miles away.
directions icon Map directions

Spring City Elementary School is a public elementary school located approximately 4.2 miles away.
directions icon Map directions

King Memorial Seventh Day Adve is a private elementary and middle school located approximately 4.5 miles away.
directions icon Map directions

Spring City Middle School is a public middle school located approximately 4.8 miles away.
directions icon Map directions

Clubhouse
Dock
Gated Community
Homeowner Assoc Fee - Mandatory
Internet Access
Sidewalks
Water Access (Lk/Rvr)
Waterfront Community
Other 1
Community Features: Clubhouse, Dock, Gated Community, Homeowner Assoc Fee - Mandatory, Internet Access, Sidewalks, Water Access (Lk/Rvr), Waterfront Community, Other 1

New Construction
Annual Tax Amount: 986.48
Source Listing Status: Active
County: Rhea
Directions: Hwy 27 North approx. 16 miles. Right onto TN 68S 1.8 miles. Left on Wolf Creek Road 2.7 miles. Right on Pin Hook Rd. Left onto Waterfront Way at the gates. House is on the left.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: Single Family
Source Neighborhood: Lakefront Ests
Parcel Number: 044g C 039.00
Subdivision: Lakefront Ests
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$unknown + $unknown
$43,750
$986
2020$unknown + $unknown
$43,750
$986
2019$unknown + $unknown
$43,750
$986
2018$unknown + $unknown
$43,750
$961
2017$unknown + $unknown
$43,750
$961
2016$unknown + $unknown
$43,750
$961
2015$unknown + $unknown
$43,750
$917
2014$unknown + $unknown
$43,750
$917
2013$unknown + $unknown
$60,000
$1,050
2012$unknown + $unknown
$60,000
$1,050
2011$unknown + $unknown
$62,500
$1,094
2010$unknown + $unknown
$62,500
$1,094
2009$unknown + $unknown
$62,500
$1,000
2008$unknown + $unknown
$81,000
$1,620
2007$unknown + $unknown
$53,750
$1,075

Listed 2024-02-14
$1,395,000
Chattanooga
Listing removed 2024-02-03
$0
Chattanooga
Listing removed 2024-02-03
$0
EastTennessee
Listing removed 2024-02-03
$0
RiverCounties
Listing removed 2024-01-08
$0
RealTracs
Price Changed 2023-12-11
$1,445,000
Chattanooga
Price Changed 2023-12-11
$1,445,000
EastTennessee
Price Changed 2023-12-11
$1,445,000
RiverCounties
Price Changed 2023-10-10
$1,450,000
RealTracs
Price Changed 2023-08-22
$1,450,000
EastTennessee
Price Changed 2023-08-22
$1,450,000
RiverCounties
Price Changed 2023-08-22
$1,450,000
Chattanooga
Listed 2023-08-02
$1,500,000
RealTracs
Listed 2023-07-24
$1,500,000
EastTennessee
Listed 2023-07-21
$1,500,000
Chattanooga
Listed 2023-07-21
$1,500,000
RiverCounties
Listing removed 2023-07-13
$0
Chattanooga
Listing removed 2023-07-13
$0
RiverCounties
Listed 2023-06-30
$1,699,000
Chattanooga
Listed 2023-06-30
$1,699,000
RiverCounties
Listing removed 2021-10-20
$0
Chattanooga
Listing removed 2021-10-20
$0
EastTennessee
Price Changed 2021-09-30
$259,000
Chattanooga
Price Changed 2021-09-30
$259,000
EastTennessee
Price Changed 2021-09-02
$269,000
EastTennessee
Price Changed 2021-09-02
$269,000
Chattanooga
Listed 2021-08-10
$299,000
EastTennessee
Listed 2021-08-10
$299,000
Chattanooga
Sold 2021-06-17
$175,000
Public Record
Sold 2013-11-04
$100,000
Public Record
Listing removed 2013-08-15
$240,000
Chattanooga
Listing removed 2013-08-15
$240,000
EastTennessee
Listing removed 2013-08-14
$240,000
RiverCounties
Listed 2013-06-13
$240,000
EastTennessee
Listed 2011-07-15
$240,000
Chattanooga
Listed 2011-06-22
$240,000
RiverCounties

Year Built: 2023
Building Area Total: 3535
Building Exterior Type: Cement Fiber Siding
Construction Materials: Cement Fiber Siding
Foundation Details: Block
Levels: Two
New Construction: Yes
Property Age: 1
Roof: Metal, Shingle
Total Area Sqft: 3535

Sewer: On Sewer, Public
Cable Lines/Under Ground
Electric Lines/Under Ground
Telephone Lines/Under Ground
Water Source: On Sewer, Public

Other Equipment: Garage Door Opener, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.