Price Reduction - Waterfront - Primary on Main
Address
199 Piney Bay Lane, Spring City, TN
Price
$ 1,449,000
Property Attributes
  • MLS#1533980
  • TypeSingle Family
  • Listing Status Active
  • CountyRHEA
  • CitySpring City
  • NeighborhoodPiney Bay
  • Zip37381
  • StyleContemporary
  • Taxes$ 2946
  • Price$ 1,449,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3887
  • Lot Size0.44 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description

RECENTLY REDUCED!! RARE WATTS BAR LAKE PENINSULA HOME - WATERFRONT ON THREE SIDES! Experience year-round lakefront living with this immaculate 2-story home, perfectly situated at the end of a quiet cul-de-sac on a rare peninsula lot with 450 feet of lakefront. Enjoy breathtaking, unobstructed lake views stretching over 2.5 miles, along with spectacular sunrise views. The level lot with a gentle slope leads from the 1,000 sq ft patio directly to the water, creating effortless access to the lake and your private dock. Outdoor living is enhanced with a lake-fed irrigation system, outdoor shower, and extensive exterior lighting. Waterfront features include a 1,000 sq ft synthetic surface private dock, a boat slip and double jet ski slip, both with power lifts, and a large storage closet for water toys and equipment. Interior highlights of this spacious home include 4 bedrooms/large bonus room (sleeps 20), 4 full bathrooms, 10-ft and cathedral ceilings, catwalk overlooking the kitchen and entryway, huge great room with stone fireplace (unused; easily convertible to gas), and water views from nearly every room. The beautifully appointed kitchen includes stainless steel appliances, new French-door refrigerator with extended warranty, soft-close maple cabinetry, quartz countertops, large center island and a pass-thru window to the screened porch. The main level offers a private primary suite with its own entrance to the outdoors overlooking the lake. The large laundry room has a pantry, cabinetry, counters, utility sink and access to the screened porch. The upper level offers 2 full baths, 3 bedrooms or a large bonus room that can easily accommodate up to 10 guests (currently used as an office/workout space). Additional features include zoned HVAC system, 2TB security system, 7-station intercom system, 7,500 watt portable generator, and oversized 2-car garage with shelving, sink, cabinetry, and integrated workbench. This exceptional property can be purchased turnkey. Making it ideal as a full-time residence or vacation retreat. Enjoy boating, water skiing, fishing, and exploring the many nearby resorts, marinas, and waterfront restaurants that make life on Watts Bar Lake so special. Schedule your showing today before this incredible lake home is gone.

Elementary School Middle School High School
Spring City Elementary School Spring City Elementary & Middle Rhea County High School
Price History
5/4/2026 Listed $1,499,000
9/2/2026 4$1,449,000

General Features

Sewer Holding Tank,Private Sewer
Heating Central,Electric,Zoned
Cooling Ceiling Fan(s),Central Air,Multi Units,Zoned
Utilities Electricity Connected,Natural Gas Available,Sewer Connected,Water Connected,Propane,Underground Utilities
Possession Negotiable
Roof Metal
Appliances Washer,Vented Exhaust Fan,Tankless Water Heater,Stainless Steel Appliance(s),Self Cleaning Oven,Refrigerator,Plumbed For Ice Maker,Microwave,Instant Hot Water,Ice Maker,Gas Range,Exhaust Fan,Dryer,Di
Garage Spaces 2.0
Patio/Porch Features Awning(s),Covered,Porch - Screened,Rear Porch,Screened
Architectural Style Contemporary,Other
Security Features Security System,Smoke Detector(s)
Construction Materials Cement Siding,HardiPlank Type,Stone
Year Built 2012
View Lake,River,Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Waterfront Features Lake,Lake Front,Navigable Water,River Access
Community Features Fishing,Lake
County Rhea
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Piney Bay
Garage Y/N Yes
Other Structures Boat House
Total Rooms 8
Full Baths 4
Status Active
Directions From office in Spring City,Hwy 27N,right on E Jackson Ave,left on Toestring Valley Road,right on Piney Point Road,left on Piney Bay Lane,follow to property at end. SOP
High School Rhea County High School
City Spring City
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 19166.4
Carport Y/N No
Listing Terms Cash,Conventional,VA Loan
Elementary School Spring City
Land Lease Y/N No
Tax Annual Amount 2946.02
Home Warranty Y/N No
Middle/Junior High School Spring City Elementary & Middle
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Structure Type House
Standard Status Active
Occupancy Type Owner
MobileHomeRemainsYN No
Legal Description 032O A 008.00
Heating_co_Central True
Utilities_co_Natural_sp_Gas_sp_Available True
Utilities_co_Underground_sp_Utilities True

Interior Features

Interior Amenities Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,Double Closets,Double Vanity,Eat-in Kitchen,Entrance Foyer,High Ceilings,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Primary Downstairs,Sep
Basement Crawl Space
Flooring Carpet,Ceramic Tile,Hardwood,Luxury Vinyl,Wood,Other
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Double Pane Windows,Insulated Windows,Low-Emissivity Windows,Screens,Window Treatments
Fireplace Y/N Yes
Above Grade Finished Area 3887.0
Laundry Features Laundry Room,Main Level,Washer Hookup
Total Bedrooms 4
LivingAreaSource Estimated
Total Baths 4

Exterior Features

Exterior Amenities Awning(s),Boat Slip,Dock,Lighting,Outdoor Shower,Private Yard,Rain Gutters,Smart Camera(s)/Recording,Smart Irrigation
Fencing None
Parking Features Concrete,Garage,Garage Door Opener,Garage Faces Side
Lot Features Back Yard,Cleared,Gentle Sloping,Level,Views,Waterfront,Wooded,See Remarks
Water Source Public
Lot Size Area 0.44
Foundation Details Block,Permanent
Spa No
Building Area Total 3887.0
Lot Dimensions 32.92 X 228.89 IRR
Lot Size Acres 0.44
Road Surface Type Paved
Waterfront Y/N Yes
Road Frontage Type County Road
Other Equipment Generator,Intercom,Irrigation Equipment
Crops Included Y/N No
Road Responsibility Public Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

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
$1.45M
Taxes
AVG $1,394
$2,946
Visits
AVG 1
29
Data Provided by Inside Real Estate®

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