Skip to content
Photo 1 of 60
Photo 1 of 60 — 1235 New Lake Road Unit 5, Spring City, TN 37381
View all 60 photos→

1235 New Lake Road Unit 5, Spring City, TN 37381

Taylor's · Rhea County

Key Facts

4Beds
3Baths
1,680Sq Ft
2008Year Built
1.59Lot (acres)

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

Contemporary

Year Built

2008

Living Area

1,680 sq ft

Lot Size

1.59 acres

Lot Dimensions

147.30 X 511.54 IRR

Days on Market

91

MLS® Listing#

3147855

Property Features

Interior

High CeilingsOpen FloorplanWalk-In Closet(s)Wet Bar

Exterior

Dock

Cooling

Central AirElectric

Heating

CentralElectric

Flooring

CarpetTile

Fireplace

Living RoomGas

Parking

Detached

Laundry

Electric Dryer HookupWasher Hookup

Patio

DeckCoveredPatioPorch

Lot Features

LevelOther

Construction

Fiber CementStone

Foundation

Slab

Roof

Other

Security

Smoke Detector(s)

Community

Sidewalks

Utilities

Electricity AvailableWater Available

Sewer

Public Sewer

Water Source

Public

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

$2,089

Parcel Number

037B B 00200 000

Directions

Traveling I-40 take exit 347, take Hwy 27S, travel 22 miles to Spring City, left at the McDonalds on New Lake Road, one mile on left.

Affordability Calculator

$80,000

Estimated monthly payment

$2,129/mo

Principal $320,000 · Est. interest $446,428 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Spring City, TN

$456,563
Median Listing Price
56
Median Days on Market
2,081
Median Sq Ft
$223
Median Price / Sq Ft
1,398
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

  • 1235 New Lake Road Unit 5, Spring City, TN 37381

Points of Interest in Spring City, TN

Showing the Spring City area map.

Nearby Schools

  • Spring City Elementary School

    Elementary · 0.9 mi away

  • Spring City Middle School

    Secondary · 1.2 mi away

  • Rhea County High School

    Secondary · 7.9 mi away

  • Meigs North Elementary

    Elementary · 9.4 mi away

  • Meigs Middle School

    Secondary · 11.6 mi away

  • Meigs County High School

    Secondary · 11.8 mi away

  • Rhea County Academy

    School · 13.6 mi away

  • Frazier Elementary School

    Elementary · 14.2 mi away

  • Rhea County Schools

    School · 14.2 mi away

  • Pine View Elementary

    Elementary · 14.3 mi away

  • Little Learners at First Church

    School · 15.9 mi away

  • Dayton City School

    Elementary · 16.0 mi away

  • Rockwood Middle School

    Secondary · 16.2 mi away

  • Crab Orchard Elementary School

    Elementary · 16.3 mi away

  • Rockwood High School

    Secondary · 16.3 mi away

  • E K Baker Elementary School

    Elementary · 16.6 mi away

  • Frank P Brown Elementary

    Elementary · 16.8 mi away

  • Dayton Headstart

    School · 17.0 mi away

  • Homestead Elementary School

    Elementary · 17.1 mi away

  • Meigs South Head Start

    School · 17.4 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Spring City

RealTracs logo

Listing Courtesy: Greater Downtown Realty dba Keller Williams Realty - 4232084943

Based on information submitted to the MLS GRID as of 2026-03-12 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-03-12

Data Terms of Use
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: . “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.”

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Realtracs. MLS® Listing#3147855. © 2026EXIT Realty®. All rights reserved.