1235 New Lake Rd UNIT 5, Spring City, TN 37381

New
$400,000
Property Type: Single Family Bedrooms: 4 Square Footage: 1,680 Lot Size (sq. ft.): 436 Status: Active
Current Price: $400,000 List Date: 3/12/2026 Last Modified: 3/12/2026

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.

More Information MLS# 1332394

Contract Info

Auction Y/N: No Listing Price: 400000 Current Price: $400,000 Status: Active Listing Date: 2026-03-12

Location, Tax & Legal Info

Unit #: UNIT 5 Area: Rhea County - 42 Property Sub-Type: Condominium City/County Code: City Limits Total Tax: 2089.42 High School: Rhea County

General Property Description

Type: 2 Story # Bedrooms: 4 Acres: 0.01 Acre Source: Tax Records # of Rooms: 10 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 150 HOA Freq: Monthly HOA Contact: - Property Status: N/A SqFt - Main Lvl: 840 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 840 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: Mandatory Basement: No Bonus Room: No SqFt - Total (Aprox): 1680 Baths - Full: 3 Year Built: 2008

Remarks & Misc

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. Public Remarks: 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.

Atchd/Dtchd Type

Detached: 1

Style

Other: 1

Construction

Block: 1

Siding

Stone: 1

Fireplace

Gas: 1

Cooling

Central Cooling: 1

Floors

Hardwood: 1

Garage/Parking

Garage Spaces: 1 Designated Parking: 1 Detached: 1

Basement

None: 1

Lot Description

Lake/Water Access: 1

Fuel

Electric: 1

View

Lake View: 1

Heat

Central: 1

Community Amenities

Boat Ramp: 1 Dock: 1 Lake/Water Access: 1 Picnic/Barbeque Area: 1 Sidewalks: 1

Dining Area

Eat-in Kitchen: 1

Appliances

Dishwasher: 1 Microwave: 1 Range: 1 Refrigerator: 1

Exterior Features

Balcony: 1 Deck: 1 Patio: 1 Porch - Covered: 1

Misc Features

Kitchen Island: 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Wired for Internet: 1

Sewer

Public Sewer: 1

Water

Public: 1

Outbuildings

Storage Shed: 1

Association Fee Incl

All Amenities: 1 Grounds Maintenance: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 1235 Street Name: New Lake St Suffix: Rd State/Province: TN Zip Code: 37381 PIN #: 037B B 002.00 Subdivision: Taylor S Landing Ph 1 Geo Lat: 35.678867 Geo Lon: -84.855142

Status Change Info

Status Change Date: 2026-03-12

Property Features

Style: Other Construction: Block Siding: Stone Basement: None Lot Description: Lake/Water Access View: Lake View Fireplace: Gas Floors: Hardwood Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator Sewer: Public Sewer Water: Public Misc Features: Kitchen Island; Walk-in Shower; Walk-In Closet(s); Wired for Internet Exterior Features: Balcony; Deck; Patio; Porch - Covered Outbuildings: Storage Shed Dining Area: Eat-in Kitchen Community Amenities: Boat Ramp; Dock; Lake/Water Access; Picnic/Barbeque Area; Sidewalks Association Fee Incl: All Amenities; Grounds Maintenance Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; VA Loan
Listing Office: Keller Williams Realty
IDX
Office Phone: 423-664-1900
Last Updated: March - 12 - 2026
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