2863 New Lake Road

Off Market

2863 New Lake Road

Spring City TN 37381

2.28 ac.

Land

Last sold for $345,000

Ivey Hayes, last sold this property on 29 July 2026 after 53 days on market.

Overview

Build the life you've always dreamed of on this rare Watts Bar Lake waterfront property! Featuring over 200 feet of shoreline and a huge gently sloping to nearly level lot, this exceptional property offers endless possibilities for your future with a concrete boat ramp. With utilities available at the road, this is more than just a vacant piece of land--it's the future homesite where your dream lake home can become reality, an incredible investment opportunity, or even a potential short-term rental retreat. Imagine waking up each morning to breathtaking East Tennessee sunrises over the water, spending your afternoons boating, fishing, swimming, and making lifelong memories on beautiful Watts Bar Lake. The generous lot size and easy access to the water provide the perfect setting for creating your own private lakefront oasis. Opportunities like this are becoming increasingly difficult to find on Watts Bar Lake. Conveniently located between Chattanooga and Knoxville, you'll enjoy the perfect balance of peaceful lake living while remaining close to shopping, dining, entertainment, and everyday conveniences. Whether you're looking to build your forever home, a weekend getaway, or an investment property, this exceptional waterfront tract offers the space, setting, and potential to make your vision a reality. Don't miss your chance to own a piece of East Tennessee paradise!

Features

2.28 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Spring City over the last 12 months, the estimated median property value of 2863 New Lake Road is $54k.

Median value

$54k

Estimated value range

$8.5k - $345k

Median days on market

Estimated value trend

37%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Spring City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2863 New Lake Road

2026

Sold

$345,000

29 Jul 2026 by Ivey Hayes, of EXIT Realty Stumbo & CO

2026

Sold

$215,000

30 Apr 2026 by Patti Marsden, of Keller Williams Realty Greater Downtown

Happy sellers in Spring City

94%

94% of sellers in Spring City reported that their sale price either exceeded or met their price expectations.

Spring City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Spring City over the last 12 months.

Local market activity for land plots in Spring City

In the last 12 months, 42 land plots similar to 2863 New Lake Road, have been sold.

This represents a 33% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Spring City for a market analysis.

Donna Baisley

at Baisley Hometown Realty, LLC

(52 reviews)

Get a market analysis

Kristi Tollett

at HIGHLANDS ELITE REAL ESTATE

(50 reviews)

Get a market analysis

Kayla Hahn

at Movin & Groovin Realty Solutions, PLLC

(51 reviews)

Get a market analysis

Teresa D Congioloso

at Keller Williams Ridge to River

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Spring City

Donna Baisley

Sellers who recommend Donna Baisley have praised them for being local expert, responsive, clear communication, dedicated, resourceful, empathetic, and friendly