115 Dabbs Drive
Spring City, TN 37381 · Newport Resort · Rhea County
$965,000
$30,000 price cut · Oct 6
- Beds
- 3
- Baths
- 3.5
- Sq ft
- 3,224
- Acres
- 0.29
- Built
- 2007
Listing courtesy of Blue Key Properties · MLS #1339839
Description
Million-Dollar Lake Views and Turnkey Lakefront Living! Welcome to your private retreat on the water, where breathtaking panoramic lake views create the perfect place to relax, recharge, and make lifelong memories. This exceptional lakefront property offers the ideal blend of comfort, entertainment, and outdoor living -- and has also served as a successful rental property, providing excellent income-producing potential for investors or owners looking to offset ownership costs. The main level features a spacious primary suite, an open-concept living room, dining area, and kitchen designed to maximize the stunning water views, along with a dry bar, laundry room, half bath, and attached two-car garage. A second washer and dryer are also conveniently located in the garage, ideal for guests, lake towels, and rental use. Upstairs, you will find two additional bedrooms, a full bathroom, and a versatile loft-style landing area perfect for a home office, reading nook, or additional sitting space. The fully finished lower level is built for entertaining and hosting guests, offering a large family/game room, a recently added full bathroom, and two additional sleeping areas including one outfitted with custom queen-size bunk beds. Step outside to expansive upper and lower decks that provide plenty of room to unwind, entertain, or simply take in the incredible scenery. Both decks lead down to the private dock featuring a large upper observation/sunning deck, a boat slip with electric lift, two jet ski ports, and a swim / fishing platform. The entire home is being sold fully furnished as shown in the photos, making this a truly turnkey opportunity for a personal lake retreat, vacation home, or continued short-term rental investment.
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 2 Story Basement
- Year built
- 2007
- Living area
- 3,224 sq ft
- Bedrooms
- 3
- Bathrooms
- 3 full, 1 half
- Basement
- Finished
- Garage
- 2-car
- Parking
- Attached, Main Level, Garage Door Opener, Garage Faces Side
Interior
- Rooms
- Basement Rec Room, Extra Storage, Mstr Bdrm Main Level
- Flooring
- Carpet, Tile, Hardwood, Luxury Vinyl Plank
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
- Features
- Dry Bar, Walk-In Closet(s), Cathedral Ceiling(s)
- Also
- Washer/Dryer Connect, Dry Bar, Drapes, Walk-In Closet(s), Walk-in Shower, Cathedral Ceiling(s), Internet Available, DSL Available
Exterior
- Construction
- Brick
- Architecture
- Traditional
- Porch & patio
- Porch - Covered
Land
- Lot size
- 0.29 acres
- Lot
- Waterfront, Lake/Water Access
- Views
- Lake, Mountain View
- Deed restrictions
- Yes
- Permitted use
- Permanent residence
Utilities
- Water
- Public
- Sewer
- Septic
- Heating
- Central, Electric
Listing
- MLS #
- 1339839
- Status
- Active
- On market
- 174 days
- Listed
- May 7, 2026
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $299
- 3,224 sq ft
Price history
- Oct 6, 2026
- Price cut
- $965,000 −$30,000
- Before
- Listed
- $995,000
Accepted
- Cash
- VA Loan
- Conventional
- FHA
- New Loan
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Location
- Neighborhood
- Newport Resort
- County
- Rhea
- ZIP
- 37381
Drive times
- Watts Bar Lake 25 min
- Crossville 45 min
- Athens 60 min
- Lenoir City 60 min
- ORNL 60 min
- Pellissippi State 60 min
- Turkey Creek 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 # 1339839.