NOT LISTED FOR SALE

135 Nancy Point Spring City, TN 37381

Estimated Value: $616,000 - $880,000

4 Beds
3 Baths
2,668 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2025

Last sale price $1,125,500 $422 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $4,441 / mo

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 Brokerage Phone: 4232857693 License #369719 Listed on: 07/02/2025

simpliHOM

Last Buyer's Agent

Ivey Hayes

simpliHOM Brokerage Phone: 4232857693 License #369719 Listed on: 07/02/2025

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

1.25 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Aug 6, 2025
Sold by
Bought by
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
$797,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$327,620
Avg. Annual Appreciation
-31.20%
Original Mortgage
$825,500
Outstanding Balance
$824,778
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$26,898

Purchase Details

Closed on
Jan 3, 2002
Bought by

Purchase Details

Closed on
Aug 19, 1988
Bought by

Purchase Details

Closed on
Jun 30, 1986
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $825,500
Closed $825,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,880 $139,400 $33,750 $105,650
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

  • I

    Seller's Agent in 2025

    Ivey Hayes

    simpliHOM

    (423) 285-7693

    91 Total Sales

    Ivey Hayes
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Map

Source: Realtracs

MLS Number: 2978630

Realtracs

APN: 026L-C-008.00

Tennessee Rhea County Spring City 37381

135 Nancy Point, Spring City, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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