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1235 New Lake Rd UNIT 5, Spring City, 37381
Priced At: $400,000
Property Details for ID: 1332394
SqFt: 1,680
Price SqFt: $238
Total Bedrooms: 4
Full Baths: 3 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-03-12T15:45:52Z
Subdivision: Taylor S Landing Ph 1
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.
Schools Information
Elementary School:Middle / Junior School:
High School: Rhea County
Building Description
Site Built: Yes
Year Built: 2008
Total Rooms: 10
SqFt (Total): 1,680
SqFt (Main Lvl): 840
SqFt (2nd Flr Lvl): 840
Full Baths: 3
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Basement: No
Basement Type: None
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 150
HOA Freq: Monthly
HOA Contact: -
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
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.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!