1235 New Lake Rd UNIT 5 Spring City, TN $ 400,000
1235 New Lake Rd UNIT 5
$ 400,000
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1235 New Lake Rd UNIT 5

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

Monthly Estimate*

$ 2,763

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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 0.01.

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

Other

Lot Size

0.01

Year Built

2008

Town/City

Spring City

County/Region

Rhea

MLS | Web ID

1332394

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Cooling
Appliances Dishwasher Microwave Range Refrigerator
HOA Fee 150
Garage Spaces 1
Association Fee Includes All Amenities Grounds Maintenance
Architectural Style Other
Construction Materials Stone Block
Year Built 2008
View Lake
Unit Number UNIT 5
Property Subtype Condominium
Community Features Sidewalks
Assoc Fee Paid Per Monthly
County Rhea County - 42
Property Type Single Family
HOA true
Attached Garage false
Subdivision Name Taylor S Landing Ph 1
Other Structures Storage
Total Rooms 10
Full Baths 3
Status Active
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
City Spring City
MLS Area Rhea County - 42
Lot Size Units Acres
Lot Size Square Feet 435.6
Property Attached Y/N false
MLS Area Minor Rhea County - 42
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
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Interior
Interior Amenities Walk-In Closet(s) Kitchen Island Eat-in Kitchen
Basement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Balcony
Parking Features Designated Parking Detached
Lot Features Lake/Water Access
Water Source Public
Lot Size Area 0.01
Building Area Total 1680
Lot Size Acres 0.01
Lot Size Source Tax Records
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* Excluded Features
List By
Asher Black

Listing Agent

Keller Williams Realty

Broker

team@asherblackrealtor.com

Email

Affordability Calculator

$2,937
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,763
Monthly Property Taxes
$174
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4508136 Elementary School
4596729 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 Rd UNIT 5, Spring City, TN, 37381 is a Condo for sale at $400,000 with 1,680 sqft and a lot size of 0.01. 1235 New Lake Rd 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