1235 New Lake Road # Unit 5 Spring City, TN $ 400,000
1235 New Lake Road # Unit 5
$ 400,000
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1235 New Lake Road # Unit 5

Spring City, TN, 37381
$ 400,000
Bedrooms4 Baths3.0 Sq 1,680

Monthly Estimate*

$ 2,463

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Condo for sale in Spring City, TN

for $400,000 with 4 bedrooms and 3 full baths. This 1,680 square foot condo was built in 2008 on a lot size of 1.59.

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.

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Condo Active

Price

$ 400,000

Bedrooms

4

Full Bath

3

Property Type

Condo

Taxes

$ 2,089

Style

Contemporary

Lot Size

1.59

Year Built

2008

Town/City

Spring City

County/Region

Rhea

MLS | Web ID

3147855

Features
General
Living Area 1680
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
HOA Fee 150
Patio/Porch Features Deck Covered Patio Porch
Architectural Style Contemporary
Security Features Smoke Detector(s)
Construction Materials Fiber Cement Stone
Year Built 2008
View Water
Topography Level Other
Levels Three Or More
Unit Number Unit 5
Property Subtype Other Condo
Assoc Fee Paid Per Monthly
County Rhea County TN
New Construction N
Property Type Residential
Association Amenities Sidewalks
Attached Garage N
Energy Efficient Windows
Subdivision Name Taylor's
Full Baths 3
Status Active
Buyer Financing Other Conventional FHA VA
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.
High School Rhea County High School
City Spring City
Senior Community Y/N N
Lot Size Units Acres
Elementary School Spring City Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 2089
Middle/Junior High School Spring City Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Interior Amenities High Ceilings Open Floorplan Walk-In Closet(s) Wet Bar
Flooring Carpet Tile
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 4
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Exterior Amenities Dock
Parking Features Detached
Lot Features Level Other
Water Source Public
Total Parking 0
Lot Size Area 1.59
Building Area Total 1680
Lot Dimensions 147.30 X 511.54 IRR
Lot Size Acres 1.59
Lot Size Source Assessor
Waterfront Y/N N
Other Equipment Irrigation System
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Internal Only
Street Number 1 1235
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* Excluded Features
List By
Greater Downtown Realty Dba Keller Williams Realty

Broker

team@asherblackrealtor.com

Email

Affordability Calculator

$2,637
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$174
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3424206 Elementary School
3424205 Middle School
Rhea County High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$400,000 Listed Price

Map


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1235 New Lake Road # Unit 5, Spring City, TN, 37381 is a Condo for sale at $400,000 with 1,680 sqft and a lot size of 1.59. 1235 New Lake Road # Unit 5 has 4 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 37381 which is in Spring City, TN