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$225,000
Active 280 days on market

Lakeville Drive

Spring City, TN 37381 · Apollo Shores · Rhea County

1.56 acres

Financing this home

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About this property

12 lots sold together as a package. Incredible investment opportunity in a lake-minded community on beautiful Watts Bar Lake.....Four of the lots can share a dock, offering rare and valuable access to one of Tennessee's most desirable lakes. Arrowhead Marina is just steps away, making this location a dream for boaters, vacationers, and outdoor lovers......Perfectly positioned between Spring City and Rockwood, TN, this area continues to grow with new construction homes built in recent years, proving its strong appeal and rising demand......The POA fees are unbelievably affordable at only $18 per lot per year. Short-term rentals aren't permitted, but 6-month rentals are allowed, which pairs wonderfully with the development potential these lots offer......With land so close to (and even directly on) the water becoming harder and harder to find at this price point, this 12-lot package stands out as a truly rare opportunity for investors, builders, or anyone dreaming of lakeside development.

Facts & features

Overview

Type
Land
Tax jurisdiction
County (unincorporated)
HOA
$216/yr
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Lot & exterior

Lot size
1.56 acres
Rolling SlopeRolling

Listing details

MLS #
1322198
Status
Active
Days on market
280 days

Location

Lakeville Drive, Spring City, TN 37381 Apollo Shores · Rhea County Open in Maps

Listing courtesy of Realty Executives Associates. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.