199 Piney Bay Lane
Spring City, TN 37381 · Piney Bay · Rhea County
$1,449,000
$50,000 price cut · Sep 2
- Beds
- 4
- Baths
- 4
- Sq ft
- 3,887
- Acres
- 0.44
- Built
- 2012
Listing courtesy of Blue Key Properties · MLS #1339476
Description
RECENTLY REDUCED!! RARE WATTS BAR LAKE PENINSULA HOME - WATERFRONT ON THREE SIDES! Experience year-round lakefront living with this immaculate 2-story home, perfectly situated at the end of a quiet cul-de-sac on a rare peninsula lot with 450 feet of lakefront. Enjoy breathtaking, unobstructed lake views stretching over 2.5 miles, along with spectacular sunrise views. The level lot with a gentle slope leads from the 1,000 sq ft patio directly to the water, creating effortless access to the lake and your private dock. Outdoor living is enhanced with a lake-fed irrigation system, outdoor shower, and extensive exterior lighting. Waterfront features include a 1,000 sq ft synthetic surface private dock, a boat slip and double jet ski slip, both with power lifts, and a large storage closet for water toys and equipment. Interior highlights of this spacious home include 4 bedrooms/large bonus room (sleeps 20), 4 full bathrooms, 10-ft and cathedral ceilings, catwalk overlooking the kitchen and entryway, huge great room with stone fireplace (unused; easily convertible to gas), and water views from nearly every room. The beautifully appointed kitchen includes stainless steel appliances, new French-door refrigerator with extended warranty, soft-close maple cabinetry, quartz countertops, large center island and a pass-thru window to the screened porch. The main level offers a private primary suite with its own entrance to the outdoors overlooking the lake. The large laundry room has a pantry, cabinetry, counters, utility sink and access to the screened porch. The upper level offers 2 full baths, 3 bedrooms or a large bonus room that can easily accommodate up to 10 guests (currently used as an office/workout space). Additional features include zoned HVAC system, 2TB security system, 7-station intercom system, 7,500 watt portable generator, and oversized 2-car garage with shelving, sink, cabinetry, and integrated workbench. This exceptional property can be purchased turnkey, making it ideal as a full-time residence or vacation retreat. Enjoy boating, water skiing, fishing, and exploring the many nearby resorts, marinas, and waterfront restaurants that make life on Watts Bar Lake so special. Schedule your showing today before this incredible lake home is gone.
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 2 Story
- Year built
- 2012
- Living area
- 3,887 sq ft
- Bedrooms
- 4
- Bathrooms
- 4 full
- Basement
- Crawl Space
- Garage
- 2-car
- Parking
- Attached, Main Level, Garage Door Opener
Interior
- Rooms
- Laundry/Utility, Mstr Bdrm Main Level, Office
- Flooring
- Carpet, Tile, Hardwood, Luxury Vinyl Plank
- Fireplaces
- 1
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer, Dryer, Tankless Water Heater, Gas Range
- Features
- Eat-in Kitchen, Pantry, Walk-In Closet(s), Kitchen Island, Cathedral Ceiling(s)
- Also
- Washer/Dryer Connect, Pantry, Walk-In Closet(s), Walk-in Shower, Kitchen Island, Cathedral Ceiling(s), DSL Available
Exterior
- Construction
- Block, Frame, Cement Siding
- Architecture
- Contemporary
- Porch & patio
- Porch - Covered, Patio, Porch - Screened
- Other structures
- Boat House
Land
- Lot size
- 0.44 acres
- Lot
- Wooded, Waterfront, Cul-De-Sac, River, Lake/Water Access
- Views
- Lake, Country Setting
- Deed restrictions
- Yes
- Permitted use
- Permanent residence
Utilities
- Water
- Public
- Heating
- Central, Zoned, Propane, Electric
Listing
- MLS #
- 1339476
- Status
- Active
- On market
- 177 days
- Listed
- May 4, 2026
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $373
- 3,887 sq ft
Price history
- Sep 2, 2026
- Price cut
- $1,449,000 −$50,000
- Before
- Listed
- $1,499,000
Accepted
- Cash
- VA Loan
- Conventional
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Location
- Neighborhood
- Piney Bay
- County
- Rhea
- ZIP
- 37381
Drive times
- Watts Bar Lake 20 min
- Crossville 45 min
- Athens 60 min
- Lenoir City 60 min
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Listing courtesy of Blue Key Properties. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1339476.