Lakeville Drive, Spring City, TN 37381

$225,000

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List Price
$225,000
MLS#
1322198
Status
ACTIVE
Type
Land
City
Spring City
County
Rhea

Property Description

12 lots sold together as a package. Incredible investment opportunity in a lake-minded community on beautiful Watts Bar Lake.....Four of the lots can share a dock, offering rare and valuable access to one of Tennessee's most desirable lakes. Arrowhead Marina is just steps away, making this location a dream for boaters, vacationers, and outdoor lovers......Perfectly positioned between Spring City and Rockwood, TN, this area continues to grow with new construction homes built in recent years, proving its strong appeal and rising demand......The POA fees are unbelievably affordable at only $18 per lot per year. Short-term rentals aren't permitted, but 6-month rentals are allowed, which pairs wonderfully with the development potential these lots offer......With land so close to (and even directly on) the water becoming harder and harder to find at this price point, this 12-lot package stands out as a truly rare opportunity for investors, builders, or anyone dreaming of lakeside development.

Additional Information

Acres
1.56
Community Amenities
Lake/Water Access, Boat Ramp, Playground
Lot Description
Rolling Slope, Rolling
Lot Dimensions
1.56 Acres total
Subdivision
Apollo Shores
Zoning
Zoned Residential
Restrictions
Yes
Hoa Fees
$216
Hoa Freq
Yearly

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Calculator source: Real Geeks

Agent: Heath Bunn |

Office: Exit Rocky Top Realty |