1235 New Lake Rd UNIT 5
Spring City, TN 37381 · Taylor S Landing Ph 1 · Rhea County
$400,000
- Beds
- 4
- Baths
- 3
- Sq ft
- 1,680
- Acres
- 0.01
- Built
- 2008
Listing courtesy of Keller Williams Realty · MLS #1332394
Description
Welcome to 1235 New Lake Rd Unit 5, a lakefront condo designed for peaceful living and strong rental potential. Enter through beautiful French doors that flood the interior with natural light, creating a warm and inviting first impression. The home is centered around a cozy living room fireplace, forming the heart of the space and flowing naturally into the kitchen, making it ideal for relaxing evenings or entertaining guests after a day on the water. This spacious 4-bedroom, 3-bathroom condo offers flexibility for both personal enjoyment and income-producing potential. The primary bedroom features its own private balcony with French doors opening to serene lake views, providing the perfect spot for morning coffee or unwinding at sunset. With multiple bedrooms and baths, the layout comfortably accommodates guests, family, or short-term renters. Set directly on the lake, the property includes access to a dedicated boat launch and dock, making it easy to enjoy boating, fishing, or simply soaking in the quiet waterfront lifestyle. The unit also comes with a large 10x18 garage/storage unit, providing generous space for lake gear, outdoor equipment, water toys, or additional storage. Whether you're an investor looking for a desirable lakefront rental property or a retiree ready to embrace quiet lake living, this condo combines comfort, scenery, and lifestyle in one exceptional waterfront opportunity.
Details
Home
- Type
- Residential · Condominium
- Style
- 2 Story
- Year built
- 2008
- Living area
- 1,680 sq ft
- Bedrooms
- 4
- Bathrooms
- 3 full
- Garage
- 1-car
- Parking
- Detached, Assigned
Interior
- Flooring
- Hardwood
- Fireplaces
- 1
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Features
- Eat-in Kitchen, Walk-In Closet(s), Kitchen Island
- Also
- Walk-In Closet(s), Walk-in Shower, Kitchen Island, Wired for Internet
Exterior
- Construction
- Block, Stone
- Porch & patio
- Porch - Covered, Patio
- Other structures
- Storage
Land
- Lot size
- 0.01 acres
- Lot
- Lake/Water Access
- Views
- Lake
- Deed restrictions
- Yes
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Central, Electric
Listing
- MLS #
- 1332394
- Status
- Active
- On market
- 230 days
- Listed
- Mar 12, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- $150/mo
- Mandatory dues
- Price per sq ft
- $238
- 1,680 sq ft
Price history
- Mar 12, 2026
- Listed
- $400,000
Accepted
- Cash
- VA Loan
- Conventional
- FHA
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Location
- Neighborhood
- Taylor S Landing Ph 1
- County
- Rhea
- ZIP
- 37381
Drive times
- Watts Bar Lake 25 min
- Athens 45 min
- Crossville 45 min
- Lenoir City 60 min
- Tellico Lake 60 min
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Listing courtesy of Keller Williams Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1332394.