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Privacy, panoramic views, and true lake living await on this exceptional nearly 5-acre lakefront oasis with over 500 feet of Watts Bar Lake shoreline. Tucked among mature trees along the main channel, this rare property offers the perfect setting to build your dream lake home and enjoy the beauty, privacy, and recreation of East Tennessee lake life. A primitive road is already in place, providing convenient access to an ideal building site while preserving the property's natural character. The property also includes deeded use of a boat slip at the community dock, with deep water suitable for year-round boating. You also have the option to apply for a private dock off of lot 39. With easy access to nearby marinas, waterfront restaurants, and local lake hangouts, weekends here are made for boating, fishing, sunset cruises, and relaxing by the water. Located within the gated Rivermyst subdivision, the property offers private roads, underground electricity, sensible restrictions, security cameras, and a community dock--providing the privacy and amenities sought by buyers looking for a premier Watts Bar Lake waterfront property. Just an hour from both Knoxville and Chattanooga, yet surrounded by the charm of small-town living, Spring City offers boutique shops, a seasonal farmers market, community festivals, local restaurants, grocery stores, doctors' offices, and everyday conveniences. Here, you can enjoy peaceful lakefront living without giving up easy access to the city. If you've been searching for luxury lakefront land, private Watts Bar Lake property, lakefront acreage, or a secluded Tennessee lake retreat, this exceptional property offers the space, privacy, water access, and location to create something truly special.

Highlights

  • Land
  • 4.95 Acre Lot
  • Waterfront
  • 46 days on Market

  • Security Features
    Security Gate
  • Cooling
    None
  • Heating
    None

  • Acres
    4.95
  • Lot Features
    Wooded, Rolling Slope, Sloped, Level, Waterfront, Corner Lot, Private, Other
  • Water Front Features
    Pond, Lake Front
  • Water Front
    Yes
  • View
    Mountain(s), Lake

  • County
    Rhea
  • City
    Spring City
  • Neighborhood
    Rivermyst Ph 1 Replat
  • Zip Code
    37381

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Frequently Asked Questions

How do I schedule a tour of 495 Waterside Way?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 495 Waterside Way.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 495 Waterside Way?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $450,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Spring City, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 495 Waterside Way?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 495 Waterside Way at around $2,662. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 495 Waterside Way?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Rhea County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 495 Waterside Way?

In most cases, yes. Whether 495 Waterside Way is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Spring City's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 495 Waterside Way?

We can handle that for you. Our preferred local agent specializes in lands in Spring City and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

495 Waterside Way was listed on September 28, 2026, which means it's been on the market for 46 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

495 Waterside Way sits on a 4.95-acre lot, which is 215,622 square feet.

What are the property taxes for 495 Waterside Way?

The most recent public record shows annual property taxes for 495 Waterside Way were approximately $1,210. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 495 Waterside Way still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 13, 2026 at 06:13PM. 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.