$400,000
About this home
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.
Highlights
Property details
- MLS #
- 1332394
- Property type
- Condominium
- Subdivision
- Taylor S Landing Ph 1
- Status
- Active
- Days on market
- 177
- On market date
- March 12, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.01 acres
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 557
- Student:teacher ratio
- 12.4:1
- District
- Rhea County Department of Education
- Enrollment
- 278
- Student:teacher ratio
- 13.2:1
- District
- Rhea County Department of Education
- 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).
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 26 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.