Sold for $1,200,000 on 10/24/24
$1,200,000
852 Dreamland Rd, Spring City, TN 37381
5beds
3,682sqft
Single Family Residence
Built in 2023
1.36 Acres Lot
$1,212,200 Zestimate®
$326/sqft
$4,373 Estimated rent
Home value
$1,212,200
Estimated sales range
Not available
$4,373/mo
Zestimate® history
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Owner options
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What's special
Stunning modern lake home! Featuring a dock, exceptional privacy and incredible 180-degree views, this house is located on the Watts Bar section of the Tennessee River, just 1 hour from Chattanooga or Knoxville. The home comes with an adjoining lot that brings the property to a total of 1.3+ acres! It has 5 bedrooms + a bonus, 6.5 bathrooms, a commercial-style kitchen, home theater, custom flagstone fire-pit, billiards table and even a hot tub. Even though it has the space to entertain large groups, this 2023 home is extremely energy-efficient, featuring Hardie siding, Anderson windows and LG Inverter HVAC systems. The garage is wired for an electric vehicle charger. The floating dock sits in a private cove that has deep water year round. The additional included lot has also been approved for a dock and a 4-bedroom home and provides either seclusion or an opportunity to build a second residence. The outlet from the cove to Watts Bar Lake is passable by boat from the spring to the fall, and the property is located just 3.9 miles from Spring City Marina, 3.5 miles from Rhea Harbor Marina and 1.5 miles from Spring City Boat Ramp. Seller will include the custom furniture with acceptable offer. This is the ultimate turnkey lake getaway you've been dreaming of! Shown to qualified buyers by appointment only. (Information is provided in good faith and is deemed reasonable, but is not guaranteed).
Zillow last checked: 8 hours ago
Listing updated: October 24, 2024 at 12:59pm
Listed by:
Daniel J Staub 423-486-4929,
Keller Williams Realty
Bought with:
Comps Unrepresented Buyer
COMPS ONLY
Source: Greater Chattanooga Realtors,MLS#: 1391686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Electric, Multi Units
Appliances
- Included: Disposal, Dishwasher, Free-Standing Gas Range, Refrigerator
Features
- High Ceilings, Open Floorplan, Primary Downstairs, Sound System, Walk-In Closet(s), Tub/shower Combo, En Suite
- Flooring: Luxury Vinyl, Plank
- Basement: Finished,Partial
- Has fireplace: No
Interior area
- Total structure area: 3,682
- Total interior livable area: 3,682 sqft
- Finished area above ground: 3,682
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Garage spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Covered, Deck, Patio, Porch, Porch - Covered
- Exterior features: Boat Slip, Lighting, Dock - Floating
- Has spa: Yes
- Has view: Yes
- View description: Other, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: River Access
Lot
- Size: 1.36 Acres
- Dimensions: 406.16 x 167.80
- Features: Gentle Sloping, Lake on Lot, Level, Other, Split Possible
Details
- Parcel number: 031k C 001.00
- Special conditions: Investor
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Underground Utilities
Community & neighborhood
Location
- Region: Spring City
- Subdivision: Holiday Point Ii
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2024 | Sold | $1,200,000-13%$326/sqft |
Source: Greater Chattanooga Realtors #1391686 | ||
| 10/4/2024 | Pending sale | $1,380,000$375/sqft |
Source: | ||
| 10/3/2024 | Contingent | $1,380,000$375/sqft |
Source: Greater Chattanooga Realtors #1391686 | ||
| 5/9/2024 | Listed for sale | $1,380,000+1100%$375/sqft |
Source: Greater Chattanooga Realtors #1391686 | ||
| 9/19/2022 | Sold | $115,000+85.5%$31/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,767 +127.5% | $427,600 +280.3% |
| 2023 | $2,535 +181.1% | $112,425 +181.1% |
| 2022 | $902 | $40,000 |
Find assessor info on the county website
Neighborhood: 37381
Nearby schools
GreatSchools rating
- 7/10Spring City Elementary SchoolGrades: PK-5Distance: 1 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 9 mi
Schools provided by the listing agent
- Elementary: Spring City
- Middle: Spring City Elementary & Middle
- High: Rhea County High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$1,212,200
2% more+ $24,244
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$1,236,444