468 Melrose Place
Dayton, TN, 37321 $ 769,000
Bedrooms4 Baths3.0 Sq 2,957 Monthly Estimate*
$ 5,311
for $769,000 with 4 bedrooms and 3 full baths. This 2,957 square foot home was built in 2013 on a lot size of 1.07.
Nestled on a beautiful waterfront, dockable lot with peaceful water views, this custom-built home offers the perfect blend of Southern charm, thoughtful design, and everyday comfort. This gorgeous home offers 4 bedrooms, 3 bathrooms, and lots of extras for entertainment. From the moment you arrive, you're welcomed by timeless curb appeal, featuring a classic stone-and-siding exterior, manicured landscaping, and an inviting front entry. Inside, the home opens to a warm and well-appointed interior with rich hardwood floors, detailed trim work, and abundant natural light throughout. The heart of the home is a stunning kitchen designed for both gathering and functionality, featuring custom cabinetry, a statement wood-topped island, and an open flow into the main living area. The living room offers a cozy yet refined space with a fireplace, built-ins, and access to the expansive rear porch. Step outside to the covered porch overlooking a serene backyard and water view--an ideal setting for morning coffee, evening relaxation, or entertaining guests year-round. Just beyond, a beautiful brick patio surrounded by roses and framed by an antique gate creates an enchanting outdoor space perfect for gatherings or quiet moments. The spacious primary suite provides a private retreat with a beautifully appointed bath and generous closet space. Additional bedrooms and flexible living areas offer room for family, guests, or a home office. The second floor has a large family room space with a kitchen area, perfect for relaxed gatherings. Situated on a large, scenic lot, this property offers a rare combination of privacy, usable outdoor space, and natural beauty--all while remaining conveniently located. This is more than a home--it's a lifestyle. Melrose Place is a gated community and offers a community boat launch and slips.
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FeaturesGeneralSewer Septic Tank
Heating Central Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Refrigerator Self Cleaning Oven Other
HOA Fee 1400
Garage Spaces 2
Architectural Style Traditional
Security Features Gated Community
Construction Materials Frame Other
Year Built 2013
Property Subtype Single Family Residence
Assoc Fee Paid Per Yearly
County Rhea County - 42
Property Type Single Family
Association Amenities Other
HOA true
Attached Garage true
Subdivision Name Melrose Landing
Total Rooms 8
Full Baths 3
Status Active
Directions From office take Hwy 27N turn right on New Union turn right on Melrose Landing turn right on Melrose Place. House is on right.
High School Rhea County
City Dayton
MLS Area Rhea County - 42
Lot Size Units Acres
Lot Size Square Feet 46609.2
Property Attached Y/N false
MLS Area Minor Rhea County - 42
Structure Type 1 1/2 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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InteriorInterior Amenities Walk-In Closet(s) Kitchen Island Pantry Breakfast Bar
Basement Crawl Space
Flooring Carpet Hardwood Vinyl Tile
Total Fireplaces 1
Fireplace Features Ventless Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Half Baths 0
Total Bedrooms 4
Total Baths 3
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ExteriorParking Features Garage Door Opener Attached
Lot Features Waterfront
Water Source Public
Lot Size Area 1.07
Building Area Total 2957
Lot Size Acres 1.07
Frontage Type Lakefront
Lot Size Source Tax Records
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* Excluded FeaturesList ByColdwell Banker Pryor RealtyBroker
cindyhyawn@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,311
- Monthly Property Taxes
- $213
- 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.
Learn more about how to save NearbySingle family listings in Dayton, TN
Average List Price $419,429
Percent of Sale Price 45%
About Dayton, TN 7,454 Population
20% Since 2002
$ 36,220 Median Income
35.15 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4508136 Elementary School
4596729 Middle School
Rhea County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/17/2026 | $769,000 | -3.75% | Price Down |
| 3/25/2026 | $799,000 | | Listed Price |