240 Gordon Drive, Spring City, TN 37381 (MLS # 1317342)


Lakefront Living with 2 Acres on Watts Bar Lake With NO HOA - Renovated 3BR/2BA Home with Income Potential! ✨Enjoy the best of lakefront living on beautiful Watts Bar Lake! This newly renovated three-bedroom, two-bath home is perfectly situated on a quiet cove, offering peace, privacy, and endless opportunities. PROPERTY HIGHLIGHTS: "¢ Spacious Lot: Enjoy over 2 acres of level, all-grass land with the option to purchase an adjoining lot for even more space. "¢ Turnkey Living: This home is being sold fully furnished - just bring your suitcase! "¢ Income Potential: Already operating as a successful Airbnb/VRBO, the property generates $15,000-$20,000 annually with minimal rentals, with the potential to significantly increase income for an active host. "¢ Outbuildings: Two versatile storage buildings (20x20 and 10x20), with the smaller unit already equipped with power. "¢ Utilities: Private well currently in use (public water tap in place) and high-speed internet already connected to the home. LIFESTYLE & LOCATION: Nestled in a quiet area with serene lake views, this home offers the perfect balance of relaxation and recreation. Whether you're seeking a family getaway, primary residence, or income-generating investment, this property checks all the boxes. 📍 Don't miss this rare opportunity to own a large, level lot with the option to purchase a second adjoining lot (1 acre) "” perfect for building an additional home or creating even more rental income. Call today for a showing! *Buyer to verify all information & measurements before making an informed offer*

LAST UPDATED 10/2/2025 TRACT Wallace & Liza True Estate
YEAR BUILT 1971 COMMUNITY Rhea County - 42
GARAGE SPACES 2.0 COUNTY Rhea County - 42
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
High School Rhea County


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Gas Range, Microwave, Range, Refrigerator
AREA Rhea County - 42
BASEMENT Crawl Space
CONSTRUCTION Brick, Frame, Vinyl Siding, Wood Siding
EXTERIOR Dock
FIREPLACE Yes
GARAGE Yes
HEAT Central, Electric, Propane
INTERIOR Breakfast Bar, Eat-in Kitchen, Kitchen Island
LOT 2 acre(s)
LOT DESCRIPTION Cul-De-Sac, Irregular Lot, Level
LOT DIMENSIONS 149x890 IRR
PARKING Off Street, Garage Faces Side, Garage Door Opener, Attached
SEWER Septic Tank
STYLE Traditional
SUBDIVISION Wallace & Liza True Estate
TAXES 1222.17
VIEW Yes
VIEW DESCRIPTION Lake
WATER Public, Well
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake Front, Lake Privileges, Waterfront Access

SATELLITE VIEW



 
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Listed with Isham-Jones Realty

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