302 Key Cove Road

Spring City, TN
$ 1,590,000 Beds 5 Baths 4 Sq 4,826 Virtual Tour
Monthly Estimate* How much can I afford?

Experience luxury lakefront living at its finest on beautiful Watts Bar Lake. Wake up to glassy water, peaceful mornings, and the kind of serenity only true waterfront living can offer. Tucked away in a private, protected cove with YEAR-ROUND WATER and just a short swim to the main channel of the Tennessee River, this exceptional property delivers the ultimate Tennessee lake lifestyle. Designed for both entertaining and relaxation, the home features an open-concept layout centered around a stunning chef's kitchen with granite countertops, rich wood cabinetry, a stove with a built-in air fryer, wine fridge, and spacious dining area surrounded by breathtaking lake views. The inviting main living space is anchored by a wood-burning fireplace and flows seamlessly onto a screened-in deck overlooking the water. The private primary suite is conveniently located on the main level. Upstairs, loft-style overlooks create an open yet functional design for guests and family, while the lower level offers 11-foot ceilings, game space, and a media-ready entertainment area perfect for movie nights after long days on the lake. Step outside to expansive outdoor living spaces featuring an outdoor TV hookup, infrared heater, and an 8-person Dynasty Radiance hot tub designed for year-round enjoyment. The covered enclosed boathouse and dock can also be expanded per TVA approval. Whether you're searching for a full-time residence, luxury vacation retreat, multi-generational getaway, or income-producing opportunity, this home offers a rare blend of privacy, elegance, and functionality. Conveniently located within driving distance of Chattanooga, Knoxville, Nashville, and Atlanta, opportunities like this on Watts Bar Lake are becoming increasingly difficult to find.

Active

  • Price
  • $ 1,590,000
  • City
  • Spring City
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • RHEA
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.5 Acres
  • Zip
  • 37381
  • Sqr Footage
  • 4,826
  • Year Built
  • 2007
  • Taxes
  • $ 5508
  • Style
  • MLS#
  • 3164281
Listed By: Real Estate Partners Chattanooga, LLC;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 4826
Sewer Septic Tank
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Roof Asphalt
Appliances Stainless Steel Appliance(s),Oven,Refrigerator,Microwave,Ice Maker,Electric Oven,Cooktop,Dishwasher,Dryer,Washer
Garage Spaces 2
Patio/Porch Features Deck,Covered,Patio,Porch,Screened
Security Features Fire Alarm,Smoke Detector(s)
Construction Materials Stone,Brick,Other
Year Built 2007
View Lake,River,Water
Stories Count 3
Topography Cleared,Views,Other
Levels Three Or More
County Rhea County,TN
New Construction No
Property Type Residential
Attached Garage No
Energy Efficient Thermostat,Windows
Subdivision Name None
Garage Y/N Yes
Full Baths 4
Status Active
Buyer Financing Other,Conventional,VA
Directions From Rhea County Hwy/Hwy 27 Travel North,Turn Right on Rocky Springs Road,Continue on Euchee Chapel Road,Take a slight right on Stump Hollow Road,Turn left on Debbie Drive,Turn left on Key Cove Road
High School Rhea County High School
City Spring City
Senior Community Y/N No
Lot Size Units Acres
Year Built Details Existing
Tax Annual Amount 5508
Middle/Junior High School Spring City Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Built-in Features,Ceiling Fan(s),Central Vacuum,Entrance Foyer,High Ceilings,In-Law Floorplan,Open Floorplan,Smart Thermostat,Walk-In Closet(s),Wet Bar,High Speed Internet
Basement Full,Finished
Flooring Carpet,Wood,Slate,Tile
Total Fireplaces 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Owner
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 4

Exterior Features

Exterior Amenities Dock,Gas Grill,Smart Irrigation,Balcony
Parking Features Garage Door Opener,Garage Faces Side,Concrete,Driveway
Lot Features Cleared,Views,Other
Water Source Public
Total Parking 2
Lot Size Area 0.5
Building Area Total 4826
Lot Dimensions 106 X206
Lot Size Acres 0.5
Lot Size Source Agent Calculated
Waterfront Y/N Yes
Covered Spaces 2
Other Equipment Irrigation System

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Spring City Middle School
High School Rhea County High School

Price History

3/28/2026 Listed $1,800,000
4/15/2026 7% - $1,690,000
7/10/2026 6% - $1,590,000

Property vs Zip Code Average in 37381

Price
AVG $570K
$1.59M
Taxes
AVG $1,323
$5,508
Year Built
AVG 1994
2007
Visits
AVG 8
50
Data Provided by Inside Real Estate®

Areas That We Cover

302 Key Cove Road Spring City, TN is a Single Family Home for sale at $1590000 with 4826 sqft and a lot size of 0.5 Acres Acre(s). 302 Key Cove Road Spring City has 5 bedrooms, 4 baths and was built in 2007. The property's zip code is 37381 which is in Spring City, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.