Price Reduction - Water Views - Primary on Main
Address
199 Piney Bay Lane, Spring City, TN
Price
$ 1,449,000
Property Attributes
- MLS#1339476
- TypeSingle Family
- Listing Status Active
- CountyRhea
- CitySpring City
- AreaRhea County
- NeighborhoodPiney Bay
- Zip37381
- StyleOther, Contemporary
- Year Built2012
- Taxes$ 2946
- Price$ 1,449,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3887
- Lot Size0.44 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description
RECENTLY REDUCED!! RARE WATTS BAR LAKE PENINSULA HOME - WATERFRONT ON THREE SIDES! Experience year-round lakefront living with this immaculate 2-story home, perfectly situated at the end of a quiet cul-de-sac on a rare peninsula lot with 450 feet of lakefront. Enjoy breathtaking, unobstructed lake views stretching over 2.5 miles, along with spectacular sunrise views. The level lot with a gentle slope leads from the 1,000 sq ft patio directly to the water, creating effortless access to the lake and your private dock. Outdoor living is enhanced with a lake-fed irrigation system, outdoor shower, and extensive exterior lighting. Waterfront features include a 1,000 sq ft synthetic surface private dock, a boat slip and double jet ski slip, both with power lifts, and a large storage closet for water toys and equipment. Interior highlights of this spacious home include 4 bedrooms/large bonus room (sleeps 20), 4 full bathrooms, 10-ft and cathedral ceilings, catwalk overlooking the kitchen and entryway, huge great room with stone fireplace (unused; easily convertible to gas), and water views from nearly every room. The beautifully appointed kitchen includes stainless steel appliances, new French-door refrigerator with extended warranty, soft-close maple cabinetry, quartz countertops, large center island and a pass-thru window to the screened porch. The main level offers a private primary suite with its own entrance to the outdoors overlooking the lake. The large laundry room has a pantry, cabinetry, counters, utility sink and access to the screened porch. The upper level offers 2 full baths, 3 bedrooms or a large bonus room that can easily accommodate up to 10 guests (currently used as an office/workout space). Additional features include zoned HVAC system, 2TB security system, 7-station intercom system, 7,500 watt portable generator, and oversized 2-car garage with shelving, sink, cabinetry, and integrated workbench. This exceptional property can be purchased turnkey, making it ideal as a full-time residence or vacation retreat. Enjoy boating, water skiing, fishing, and exploring the many nearby resorts, marinas, and waterfront restaurants that make life on Watts Bar Lake so special. Schedule your showing today before this incredible lake home is gone.
| Elementary School | Middle School | High School |
|---|---|---|
| Spring City Elementary School | Spring City Middle School | Rhea County High School |
| Price History | |
|---|---|
| 5/4/2026 | Listed $1,499,000 |
| 9/2/2026 | 3$1,449,000 |
General Features
| Sewer | Other |
|---|---|
| Heating | Central,Propane,Zoned,Electric |
| Cooling | Central Cooling,Ceiling Fan(s) |
| Appliances | Tankless Water Heater,Gas Range,Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Self Cleaning Oven,Washer |
| Garage Spaces | 2 |
| Architectural Style | Other,Contemporary |
| Security Features | Smoke Detector |
| Construction Materials | Cement Siding,Block,Frame |
| Year Built | 2012 |
| View | Country Setting,Lake |
| Property Subtype | Single Family Residence |
| County | Rhea County - 42 |
| Property Type | Single Family |
| Attached Garage | true |
| Subdivision Name | Piney Bay |
| Other Structures | Boat - House |
| Total Rooms | 8 |
| Full Baths | 4 |
| Status | Active |
| Directions | From office in Spring City, Hwy 27N, left on E Jackson Ave, left on Toestring Valley Road, right on Piney Point Road, left on Piney Bay Lane, home at the end. SOP |
| High School | Rhea County |
| City | Spring City |
| MLS Area | Rhea County - 42 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 19166.4 |
| Elementary School | Spring City |
| Property Attached Y/N | false |
| Middle/Junior High School | Spring City |
| MLS Area Minor | Rhea County - 42 |
| Structure Type | 2 Story |
| Standard Status | Active |
| New Financing Cash | true |
| New Financing VA Loan | true |
| New Financing Coventional | true |
Interior Features
| Interior Amenities | Walk-In Closet(s),Cathedral Ceiling(s),Kitchen Island,Pantry,Eat-in Kitchen |
|---|---|
| Basement | Crawl Space |
| Flooring | Carpet,Hardwood,Tile |
| Total Fireplaces | 1 |
| Fireplace Features | Stone,Wood Burning |
| Basement (Y/N) | false |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Windows - Insulated,Window - Energy Star |
| Fireplace Y/N | true |
| Total Bedrooms | 4 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Irrigation System,Dock |
|---|---|
| Parking Features | Garage Door Opener,Attached,Main Level |
| Lot Features | Lake/Water Access,Cul-De-Sac,River,Waterfront,Wooded,Level |
| Water Source | Public |
| Lot Size Area | 0.44 |
| Building Area Total | 3887 |
| Lot Size Acres | 0.44 |
| Frontage Type | Lakefront |
| Lot Size Source | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37381
Price
Taxes
Year Built
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 13, 2026 2:55 PM UTC Some properties may subsequently have sold
River Counties Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
