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Active 230 days on market

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
Approximate, by road

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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.