Address
302 Key Cove Road, Spring City, TN
Price
$ 1,590,000
Property Attributes
  • MLS#1531330
  • TypeSingle Family
  • Listing Status Active
  • CountyRhea
  • CitySpring City
  • NeighborhoodNone
  • Zip37381
  • StyleSingle Family Residence
  • Year Built2007
  • Taxes$ 5508
  • Price$ 1,590,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4826
  • Lot Size0.5 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description

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.

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

General Features

Sewer Septic Tank
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric,Multi Units,Zoned
Utilities Electricity Connected,Water Connected,Underground Utilities
Possession Close Of Escrow
Roof Asphalt,Shingle
Appliances Wine Refrigerator,Wine Cooler,Water Softener Owned,Water Softener,Water Purifier Owned,Water Purifier,Water Heater,Washer/Dryer Stacked,Stainless Steel Appliance(s),Self Cleaning Oven,Refrigerator,Mic
Garage Spaces 2
Patio/Porch Features Composite,Covered,Deck,Enclosed,Front Porch,Patio,Porch,Porch - Covered,Porch - Screened,Rear Porch,Screened
Pool Features None
Security Features Fire Alarm,Security Service,Security System,Smoke Detector(s)
Construction Materials Brick,HardiPlank Type,Stone
Year Built 2007
View Lake,Panoramic,River,Trees/Woods,Water
Stories Count 2
Levels Three Or More
Property Subtype Single Family Residence
Waterfront Features Lake,Lake Front,Lake Privileges,Navigable Water,River Access,River Front
Community Features Curbs,Lake
County Rhea
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name None
Garage Y/N true
Other Structures Boat House,RV/Boat Storage
Total Rooms 17
Full Baths 4
Status Active
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
High School Rhea County High School
City Spring City
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 21823.56
Carport Y/N false
Listing Terms Cash,Conventional,VA Loan
Spa Features Above Ground,Fiberglass,Heated,Private
Elementary School Spring Creek Elementary
Land Lease Y/N No
Tax Annual Amount 5508.22
Home Warranty Y/N true
Middle/Junior High School Spring City Elementary & Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N No
Additional Parcels Y/N false
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.zillow.com/view-imx/d4bb0301-48bf-49ad-a783-2d6c847eedd1?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type House
Standard Status Active
Occupancy Type Vacant
MobileHomeRemainsYN No
Legal Description Parcel ID/Tax ID: 026E E 006.00
Sewer_co_Septic_sp_Tank true
Heating_co_Central true
Utilities_co_Underground_sp_Utilities true

Interior Features

Interior Amenities Bar,Breakfast Bar,Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Central Vacuum,Chandelier,Connected Shared Bathroom,Crown Molding,Double Closets,Double Vanity,Eat-in Kitchen,En Suite,Entrance
Basement Finished,Full
Flooring Carpet,Hardwood,Slate,Tile
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds,Insulated Windows,Screens,Shades,Vinyl Frames
Fireplace Y/N true
Above Grade Finished Area 3348
Laundry Features Common Area,Electric Dryer Hookup,In Basement,In Bathroom,Inside,Laundry Room,Lower Level,Sink,Washer Hookup
Total Bedrooms 5
LivingAreaSource Owner
Total Baths 4

Exterior Features

Exterior Amenities Balcony,Boat Slip,Dock,Dock - Stationary,Electric Grill,Fire Pit,Gas Grill,Lighting,Outdoor Grill,Private Yard,Rain Gutters,Smart Irrigation
Fencing None
Parking Features Basement,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Side,Kitchen Level,Utility Garage
Lot Features Back Yard,Cleared,Few Trees,Front Yard,Gentle Sloping,Landscaped,Rock Outcropping,Rural,Sloped Down,Sprinklers In Front,Sprinklers In Rear,Views,Waterfront
Water Source Public
Inclusions Homes like this don't just check boxes - They create a feeling. Once you experience it, you won't want to leave.
Lot Size Area 0.5
Foundation Details Block,Brick/Mortar,Combination,Permanent,Slab
Spa true
Building Area Total 4826
Lot Dimensions 106 X206
Lot Size Acres 0.5
Road Surface Type Asphalt
Waterfront Y/N true
Road Frontage Type County Road
Other Equipment Other
Crops Included Y/N No
Road Responsibility Public Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No
Exterior_sp_Features_co_Balcony true
Exterior_sp_Features_co_Outdoor_sp_Grill true

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

Property vs Single Family Average in 37381

Price
AVG $570K
$1.59M
Taxes
AVG $1,331
$5,508
Year Built
AVG 1993
2007