#1297947, Listing office: Realty Executives Associates
$1,950,000 List price
302 Key Cove Rd Spring City, TN 37381
5 beds
4 full
4,039 sqft
0.5 acres
$483 / sqft
House
Property details
About 302 Key Cove Rd
This exceptional lakefront home on Watts Bar Lake is your invitation to embrace life at a slower pace, surrounded by nature, friends, and family. Thoughtfully designed across three expansive levels, this home is a true haven for relaxation, recreation, and memorable gatherings—all nestled in a peaceful cove just off the main channel of the Tennessee River, with year-round water access. Did I mention the home comes furnished. Conveniently located just 75 minutes from both Chattanooga and Knoxville, this spacious retreat was purposefully built as the ultimate multi-family vacation destination. The main level boasts an open-concept layout centered around a grand, fully-equipped kitchen, complete with natural stone countertops, rich wood cabinetry, and stove with built-in air fryer. A wine fridge stands ready to chill your favorite bottles, and the adjoining dining area—wrapped in windows—welcomes up to 12 guests to dine with stunning lake views. The heart of the home flows seamlessly from the kitchen and dining areas into the warm and inviting family room, where a wood-burning fireplace anchors cozy gatherings. The adjacent screened-in deck is a favorite retreat, offering serene views across the lake—views that stretch across the entire back of the home on every level. Upstairs, two loft-style balconies overlook the main living area, keeping the whole home visually and emotionally connected. The lower level is an entertainer's dream, with soaring 11-foot ceilings, space for games like air hockey, and media-ready features for movie nights. Step outside onto the lower patio, outfitted with an outdoor TV connection, an 8-person Dynasty Radiance hot tub, and an infrared heater for chilly evenings. Prefer the great outdoors? A few steps take you to the lakeside firepit—ideal for starlit chats or marshmallow roasts.
Highlights
Home typeSingle Family Residence
HeatingExhaust Fan, Central, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Multi Unit(s)
Size4,039 sqft
BasementYes
Lot size0.5 Acres
Year built2007
ParkingPaved, Basement, Concrete, Driveway, Garage, Garage Door Opener, Attached
MLS #20251859
Garage2 spaces
WaterfrontWaterfront, River Front, River Access, Navigable Water, Lake Privileges, Lake Front
FireplaceWood Burning
ViewWater, Trees/Woods, Skyline, Rural, River, Panoramic, Lake
Summary
- Full Bathrooms: 4
- Appliances: Wine Cooler, Water Softener, Water Purifier, Washer, Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Slate, Tile
- Interior: In-Law Floorplan, Wired for Sound, Wired for Data, Walk-In Closet(s), Tray Ceiling(s), Storage, Soaking Tub, Smart Thermostat, Pantry, Open Floorplan, Kitchen Island, High Speed Internet, High Ceilings, Granite Counters, Eat-in Kitchen, Double Vanity, Bar, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Crown Molding
- Fireplace: Wood Burning
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Paved, Basement, Concrete, Driveway, Garage, Garage Door Opener, Attached
- Waterfront: Waterfront, River Front, River Access, Navigable Water, Lake Privileges, Lake Front
- View: Water, Trees/Woods, Skyline, Rural, River, Panoramic, Lake
- Exterior: Barbecue, Rain Gutters, Outdoor Grill, Balcony, Dock, Fire Pit
- Architectural Style: Other
- Heating: Exhaust Fan, Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Multi Unit(s)
- List Price: $1,950,000
- Price/SqFt: $482
- Annual Tax Amount: $4,298
- Tax Year: 2022
- Lot: Sloped, Landscaped, Cleared, Waterfront
- Directions: From Rhea County Hwy/Hwy 27 Travel North, Turn Right on Rocky Springs Road, Continue on Euchee Chapel Road, Take a slight right on Stump Hollow Road, Turn left on Debbie Drive, Turn left on Key Cove Road, Home will be on your right.
- Year Built: 2007
- Living Area: 4,039 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 20251859
- MLS Name: RiverCounties
- Office Name: KW Cleveland
- Office Phone: (423) 303-1200
- Office Email: lilydupuy@kw.com
- Listing Agent: Sophia Chase
Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 3:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 25, 2024 | Home Sold | $1,400,000 |
| Jul 06, 2006 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $191,750 | $- |
| 2022 | $191,750 | $4,298 |
| 2021 | $190,600 | $4,298 |
| 2020 | $190,600 | $4,298 |
| 2019 | $190,600 | $3,604 |
| 2018 | $164,050 | $3,604 |
| 2017 | $164,050 | $3,651 |
History based on county public records data.
Nearby schools
6
Spring City Elementary School
Public District PK-5
7.2 mi
•270 E Jackson Ave
6
Ridge View Elementary School
Public District PK-5
9.8 mi
•625 Pumphouse Rd
6
Meigs North Elementary School
Public District PK-5
10.3 mi
•22015 State Highway 58 N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,487. Most Spring City, TN residents have annual incomes between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
46%
35k-100k
13%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
7%
Single, with Kids
47%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
45%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
Ram
GMC
What do the neighbors listen to?
Classic Country
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 302 Key Cove Rd
The listing price of 302 Key Cove Rd property is $1,950,000.
The property 302 Key Cove Rd is a house located in Spring City, Tennessee, 37381.
Active Listing: 302 Key Cove Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 302 Key Cove Rd are: Spring City Elementary School (GreatSchools Rating 6/10), Ridge View Elementary School (GreatSchools Rating 6/10), Meigs North Elementary School (GreatSchools Rating 6/10), Spring City Middle School (GreatSchools Rating 5/10), Midway Middle School (GreatSchools Rating 7/10), Pine View Elementary School (GreatSchools Rating 6/10), Midway High School (GreatSchools Rating 7/10), Rockwood High School (GreatSchools Rating 5/10), Midtown Educational Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $4,298 (source: MLS/based on county public records data).
The last sale was on April 25, 2024 for $1,400,000 (source: MLS/tax record).
The property at 302 Key Cove Rd has 5 bedrooms and 4 bathrooms.
The property 302 Key Cove Rd is 4,039 SqFt (source: MLS/tax record).
The year of construction for 302 Key Cove Rd is 2007.
This home is located at 302 Key Cove Rd in Spring City, TN and zip code 37381. This 4,039 square foot home, which was built in 2007, sits on a 0.50 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $1,950,000.
Over 2 listings were sold over their listed price in June 2025 in Spring City, TN. In the same period over 12 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Spring City, TN increased by 4% between May and June 2025. The median list price of listings available in June 2025 was $289,900, while the average time on the real estate market was 54 days.
From Rocket Homes Real Estate and based on county public records data.