1255 New Lake Road Unit 23, Spring City, TN 37381
Hoover Landing · Rhea County
Key Facts
Description
Completely furnished and turn-key, this beautiful 3 bedroom, 2.5 bath townhome on Watts Bar Lake is ready for you to walk in and immediately start enjoying lake life. Whether you're looking for a short-term rental investment, weekend getaway, or full-time residence, this property offers the perfect blend of comfort and convenience. The home includes a deeded boat slip with year-round water under the dock, making it easy to spend your days boating, fishing, and enjoying everything Watts Bar Lake has to offer. Inside, the open floor plan is ideal for entertaining, featuring a spacious living area and a large kitchen island that creates the perfect gathering space for family and friends after a day on the water. The primary suite offers a walk-in tile shower with easy access and a private covered porch off the master with peaceful lake views. Step outside to enjoy multiple outdoor living areas, including a back porch and a lower patio, providing plenty of space to relax, grill, and entertain. The community also offers a huge common area and sandy beach with a designated swimming area, as well as a private boat ramp for Hoover Landing owners giving you even more ways to enjoy the water and soak up the best of lake living. If you've been dreaming of easy, low-maintenance lake living, this move-in ready townhome makes it simple--just bring your boat and start enjoying beautiful summers on Watts Bar Lake.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Style
Other
Year Built
2018
Stories
2
Living Area
1,680 sq ft
Lot Size
2.41 acres
Lot Dimensions
167.31 X 118.74
Days on Market
82
MLS® Listing#
3216891
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Security
Community
Utilities
Sewer
Water Source
Rooms
- Kitchen
- Master Bathroom
Schools
- Elementary:
- Spring City Elementary
- Middle:
- Spring City Middle School
- High:
- Rhea County High School
Financial Details
HOA
$150 / Monthly
Annual Taxes
$2,199
Parcel Number
037B B 00202C004
Directions
Take New Lake Road down past the baseball fields ''Spring City Dixie Youth'', and the condos will be on your left hand side of the road towards the lake. When you pull in, this condo will be the fourth one on the right, #23.
Affordability Calculator
$81,000
Estimated monthly payment
$2,156/mo
Principal $324,000 · Est. interest $452,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spring City, TN
- $458,561
- Median Listing Price
- 56
- Median Days on Market
- 2,066
- Median Sq Ft
- $225
- Median Price / Sq Ft
- 1,375
- Active Listings
- This home’s price is 12% below the area median.
- Its price per sq ft is 7% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spring City, TN.
Location
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Points of Interest in Spring City, TN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 216 North Church Street, Mountain City, TN | $284,000 | 4 | 2 | 2,368 |
| 200 Sable Road, Spring City, TN | $284,900 | 3 | 2 | 1,260 |
| 200 Sable Rd, Spring City, TN | $284,900 | 3 | 2 | 1,260 |
| 200 Sable Road, Spring City, TN | $284,900 | 3 | 2 | 1,260 |
| 200 Sable Rd, Spring City, TN | $284,900 | 3 | 2 | 1,260 |
| 200 Sable Road, Spring City, TN | $284,900 | 3 | 2 | 1,260 |
Moving Cost Estimate
EXIT Agents in Spring City
Listing Courtesy: simpliHOM - 4232857693
Last Updated: 2026-04-28