$1,125,500
SOLD AUG 8, 2025

135 Nancy Point Spring City, TN 37381

4 Beds
3 Baths
2,668 Sq Ft
1.25 Acres

Recently Sold

$422 Per Sq Ft

13% Below List Price

9 Days on Market

Highlights

  • Docks
  • Deck
  • High Ceiling
  • Lake View
  • Contemporary Architecture
  • No HOA

About This Home

As of August 2025

Discover your dream lakefront retreat on Watts Bar Lake! This stunning property offers year-round deep water (22 feet in summer, 14-16 feet in winter) and is ideally situated on the main channel with breathtaking panoramic views of the lake and surrounding mountains. Set on 1.25 private acres with 230 feet of shoreline , this fully furnished 4-bedroom, 3-bath home features an open floor plan. It has two spacious living areas, and three master bedrooms— the two upstairs suites each open to a private deck overlooking the water. The property includes a two-story dock equipped with two boat slips and lifts, plus two jet ski slips with lifts, offering everything you need for the ultimate lake lifestyle. Newly installed mini-split HVAC system throughout (just 2 months old) provides energy-efficient comfort throughout the home. You can take your brand new club car down the concrete path to the dock . A professionally installed retaining wall adds durability and structure to the lakeside terrain . Whether you're looking for a full-time residence, a weekend escape, or a short-term rental investment, this home has it all—move-in ready and FULLY furnished. It is conveniently located with multiple marinas and lake restaurants just a short boat ride from this home, which provides great entertainment and food. Don't miss this rare opportunity to own a slice of paradise on one of Tennessee's most desirable lakes. Your lake life begins here!

Last Agent to Sell the Property

Ivey Hayes

simpliHOM License #369719 Listed on: 07/01/2025

simpliHOM

Last Buyer's Agent

Ivey Hayes

simpliHOM License #369719 Listed on: 07/01/2025

simpliHOM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1988

Lot Details

  • 1.25 Acre Lot
  • Sloped Lot

Parking

  • Gravel Driveway

Property Views

  • Lake
  • Valley

Home Design

  • Contemporary Architecture
  • Metal Roof

Interior Spaces

  • 2,668 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Keys On The Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026L C 00800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1988
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), High Ceilings, High Speed Internet
  • Appliances: Electric Oven, Double Oven, Oven, Cooktop, Electric Range, Dishwasher, Dryer, Washer, Refrigerator, Microwave
  • Flooring: Other
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Full, Finished
  • Building Area Units: Square Feet
  • Living Area: 2668
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Dock
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Metal
  • Topography: Sloped
  • View: Valley, Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 1.25
  • Lot Size: 110X251.83 IRR
  • Lot Size Units: Acres
  • Parcel #: 026L C 00800 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1892

MLS Schools

  • Elementary School: Spring City Elementary
  • High School: Rhea County High School
  • Middle Or Junior School: Spring City Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Aug 6, 2025
Sold by
Logue Lori L and Halleck Stephen E
Bought by
Geissler Trust and Geissler
Seller's Agent
Ivey Hayes
simpliHOM
Buyer's Agent
Ivey Hayes
simpliHOM
List Price
$1,300,000
Sold Price
$1,125,500
Premium/Discount to List
-$174,500
-13.42%
Views
30
Current Estimated Value
$854,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$270,717
Avg. Annual Appreciation
-44.31%
Original Mortgage
$825,500
Outstanding Balance
$824,778
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$30,005

Purchase Details

Closed on
Jan 3, 2002
Bought by
Neff Karen Etvir Henry Phillip

Purchase Details

Closed on
Aug 19, 1988
Bought by
Allen Roy and Allen Mary W

Purchase Details

Closed on
Jun 30, 1986
Bought by
Hurley Marion C

Purchase Details

Closed on
Jan 9, 1978
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,125,500 Crossland Title
Warranty Deed $1,125,500 Crossland Title
Warranty Deed $145,000 --
Warranty Deed $14,800 --
Warranty Deed $11,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,500 New Conventional
Closed $825,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $1,125,500 -13.4% $422 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $1,300,000 -- $487 / Sq Ft
Source: Realtracs

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,437 $139,400 $0 $0
2024 $1,437 $106,575 $33,750 $72,825
2023 $1,684 $74,700 $28,750 $45,950
2022 $1,684 $74,700 $28,750 $45,950
2021 $1,684 $74,700 $28,750 $45,950
2020 $1,684 $74,700 $28,750 $45,950
2019 $1,684 $74,700 $28,750 $45,950
2018 $1,632 $74,300 $35,000 $39,300
2017 $1,632 $74,300 $35,000 $39,300
2016 $1,365 $74,300 $35,000 $39,300
2015 $1,303 $62,125 $35,000 $27,125
2014 $1,303 $62,125 $35,000 $27,125
2013 -- $62,125 $35,000 $27,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2978630

Realtracs

APN: 026L-C-008.00