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Active 174 days on market

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

Instant pre-approval

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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
Approximate, by road

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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.