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

$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

Overview

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.

Listing Details MLS# 1332394

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

Contract Info

Auction Y/N
No
Listing Price
400000

General Property Description

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

Status Change Info

Status Change 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

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.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Other
Yes

Construction

Block
Yes

Siding

Stone
Yes

Fireplace

Gas
Yes

Cooling

Central Cooling
Yes

Floors

Hardwood
Yes

Garage/Parking

Garage Spaces
1
Designated Parking
Yes
Detached
Yes

Basement

None
Yes

Lot Description

Lake/Water Access
Yes

Fuel

Electric
Yes

View

Lake View
Yes

Heat

Central
Yes

Community Amenities

Boat Ramp
Yes
Dock
Yes
Lake/Water Access
Yes
Picnic/Barbeque Area
Yes
Sidewalks
Yes

Dining Area

Eat-in Kitchen
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Exterior Features

Balcony
Yes
Deck
Yes
Patio
Yes
Porch - Covered
Yes

Misc Features

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

Sewer

Public Sewer
Yes

Water

Public
Yes

Outbuildings

Storage Shed
Yes

Association Fee Incl

All Amenities
Yes
Grounds Maintenance
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Showing

See Agent Instructns
Yes

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
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.