Parking3 Car Garage or more, Attached, Main Level, Off Street Parking
Attached Garage3 spaces
Year Built2023
HeatingCentral, Electric
CoolingMulti Unit(s), Central Air, Electric
FireplaceGas Logs, In Living Room, Outside
ViewOther, Water, Trees/Woods
MLS #1386788
Lot Size0.87 Acres
StatusActive
About 575 Waterfront Way
Come home to one of the most enchanting, breathtaking cul-de-sac lots in the year round waterfront gated Lakefront Estates community on Watts Bar. Covered porches welcome you and your guests from front to back with glowing fireplace and outdoor entertaining and dining area. A service window opens from the kitchen to the covered back overlooking the most soothing waters guaranteeing to improve your mental health and regain your spirit! This urban designed waterfront refuge promises total comfort as your primary residence or the ideal weekend escape with an exterior of very low maintenance exterior cement fiber siding crowned by the perfect blend of standing seam metal, shingle and rolled commercial roof promising strong architectural character. Thoughtfully planned and designed for casual living and filled with natural light bringing the outside in and surrounded by inviting water views. The tone for a seamless, open flow of living and dining areas with ten foot ceilings highlighted by stain grade wood casings and accent walls throughout. Linear gas fireplaces provide dramatic focal points reinforcing clean contemporary lines inside and out! The expansive family room easily lends itself to entertaining large gatherings while the warmth of wood detail promotes the perfect ambiance for more intimate evenings with family and friends. The kitchen is completely open to the family room with fireplace and eating area with oversized work/serve island. Quartz countertops and solid backsplash with 48-inch free-standing six burner gas stove and double ovens, this kitchen will easily meet the scrutiny of the most discriminating family chefs. Overlooking big water views, a service window from the kitchen opens to the covered back inviting the outside in. The master retreat is privately tucked away on the main level with a spa-like bath and custom designed closet. Two guest suites are located on the second level where endless water views continue in the expansive bonus, play or
Property Details
Property Features
Property Information:
Architectural Style: 2 Level
Year Built: 2023
Living Area: 3,535 SqFt
Listing Office:
Office Name: Real Estate Partners Chattanooga LLC
Interior Features
Interior Information:
Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator, Ice Maker, Tankless Water Heater
Interior: Ceiling - 9 Ft or More, Ceiling - Cathedral, Island Work/Center, Laundry Room, Pantry, Walk-in Closet, Washer & Dryer Hookup, Wet Bar/Refresh Center
Fireplace: Gas Logs, In Living Room, Outside
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Exterior Information:
View: Other, Water, Trees/Woods
Exterior: Porch, Porch Covered
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: 3 Car Garage or more, Attached, Main Level, Off Street Parking
Lot Features
Lot Information:
Lot: Level, Views, Wooded
Lot Size: 0.87 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Multi Unit(s), Central Air, Electric
Other
Directions Information:
Directions: Hwy 27 North approx. 16 miles. Right onto TN 68S 1.8 miles. Left on Wolf Creek Road 2.7 miles. Right on Pin Hook Rd. Left onto Waterfront Way at the gates. House is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $1,395,000
Price Per SqFt: $395/SqFt
HOA Fees:
Amount: $1500
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,155
Per Month
Principal & Interest
$6,963
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$125
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,249
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Spring City Elementary School
270 E Jackson Ave
Distance between this listing and this school4.24 miles
Public District Grades PK-5
6
/10
Meigs North Elementary School
22015 State Highway 58 N
Distance between this listing and this school6.20 miles
Public District Grades PK-5
7
/10
Frazier Elementary School
3900 Double S Rd
Distance between this listing and this school14.11 miles
Public District Grades KG-5
Nearby Schools
5
/10
Spring City Middle School
751 Wassom Memorial Hwy # 68
Distance between this listing and this school4.91 miles
Public District Grades 6-8
6
/10
Meigs Middle School
586 N Main St
Distance between this listing and this school9.17 miles
Public District Grades 6-8
4
/10
Rhea Middle School
405 Pierce Rd
Distance between this listing and this school9.38 miles
Public District Grades 6-8
Nearby Schools
5
/10
Rhea County High School
885 Eagle Ln
Distance between this listing and this school9.36 miles
Public District Grades 9-12
7
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school9.43 miles
Public District Grades 9-12
7
/10
Midway High School
530 Loudon Hwy
Distance between this listing and this school16.21 miles
The neighbors living near this home have an average income of $49,934. Residents of Rhea County, TN typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 575 Waterfront Way
What is the listing price of this property?
The listing price of 575 Waterfront Way property is $1,395,000.
What type of property is this?
The property 575 Waterfront Way is a house located in Spring City, Tennessee, 37381.
Is this property for sale now?
Active Listing: 575 Waterfront Way is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 575 Waterfront Way has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 575 Waterfront Way is 3,535 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 575 Waterfront Way is 2023.
This home is located at 575 Waterfront Way in Spring City, TN and zip code 37381. This 3,535 square foot home, which was built in 2023, sits on a 0.87 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $1,395,000.
Rhea County, TN housing market in March 2024 saw over 2 listings sold above listed price, more than 13 sold at listed price and over 11 sold below. Between February 2024 and March 2024, Rhea County, TN real estate market has seen increase in the number of listings by 18.8%. In March 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $299,000.
From Rocket Homes Real Estate and based on county public records data.