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$115,000

Raeanne Drive, Spring City, TN 37381
Spring City, TN 37381
Listed by Stephanie Howard · Engel & Volkers Knoxville
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare opportunity to own over 11 acres of unrestricted, build-ready land on quiet Raeanne Drive in Spring City! This beautiful property offers the perfect blend of privacy, natural beauty, and convenience with endless possibilities. Build your dream home, barndominium, family compound, or create multiple homesites (buyer to verify subdivision and perc test requirements with Rhea County). The property is partially cleared with a gentle slope, mature hardwoods, seasonal views, and several potential building sites. Electric is available at the road, making it even easier to bring your vision to life. Venture to the back of the property to discover a natural spring and a cave, creating a truly one-of-a-kind setting that's perfect for nature lovers, outdoor enthusiasts, or anyone seeking a peaceful retreat. With no HOA and no restrictions, you're free to bring your builder, animals, RVs, boats, or design the private getaway you've always envisioned. Conveniently located just 8 minutes from Watts Bar Lake public boat ramps and marinas, 10 minutes from Spring City shopping and dining, 20 minutes to Dayton, 50 minutes to Chattanooga, and about an hour to Knoxville, you'll enjoy peaceful country living without sacrificing accessibility. Whether you're looking for a private estate, mini-farm, recreational property, family homestead, or long-term investment, this East Tennessee acreage offers incredible flexibility and value. Survey and topographical map are available. Drive by anytime--sign on property. Opportunities to own over 11 unrestricted acres with unique natural features in this desirable location are becoming increasingly rare!

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1348271
Property type
Land
Subdivision
N/A
Status
Active
Days on market
37
On market date
July 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
11.57 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
8.34 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
7.53 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
8.99 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).

9
Very car-dependent
out of 100
EPA National Walkability Index
2.2 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 37 days -- 89 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
$843/mo
$23,000 down
$92,000 loan
Principal & interest$597
Property tax (est.)$96
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated July 15, 2026.

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.