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25 photos

$107,500

421 Waterfront Way, Spring City, TN 37381
Spring City, TN 37381
Listed by Melody McNeill · CENTURY 21 Legacy
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Build your dream home and enjoy breathtaking views of Watts Bar Lake from this beautiful 1.11-acre corner lot in the prestigious gated Lakefront Estates community. Nestled in a peaceful setting with gently rolling terrain, this scenic property offers the perfect blend of privacy, natural beauty, and resort-style amenities--ideal for a full-time residence or a relaxing vacation retreat. Conveniently located just 52 miles from Chattanooga, 62 miles from Knoxville, and 142 miles from Nashville, this property offers an easy escape while remaining accessible to major cities. A rare bonus for the new owner: Lot #62 includes a covered boat slip (#2) at the community dock at no additional cost, providing immediate access to all that Watts Bar Lake has to offer. Annual HOA dues are $1,200, with an additional $200 annual fee for the boat slip. Residents of Lakefront Estates enjoy exceptional community amenities, including a gated entrance, private community boat ramp, beautifully paved walking trails with gazebos, and a spacious clubhouse featuring a fitness center, full kitchen, gathering area, and restrooms. Whether you're ready to build your forever home or a weekend lake getaway, this exceptional lake-view property offers the perfect opportunity to enjoy East Tennessee's lake lifestyle in one of the area's most desirable waterfront communities.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1350217
Property type
Land
Subdivision
Lakefront Estates
Status
Active
Days on market
79
On market date
July 31, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Spring City Elementary
4.17 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
557
Student:teacher ratio
12.4:1
District
Rhea County Department of Education
Middle
Spring City Middle School
4.81 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
278
Student:teacher ratio
13.2:1
District
Rhea County Department of Education
High
Rhea County High School
9.1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,535
Student:teacher ratio
17.8:1
District
Rhea County Department of Education

Walkability

Blended score for Spring City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

22
Car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Spring City, from live MLS data.

On the market 79 days -- 47 fewer days than Spring City's current average of 126 days.
For reference, the median list price across 83 active listings in Spring City right now is $265,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$797/mo
$21,500 down
$86,000 loan
Principal & interest$558
Property tax (est.)$90
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.