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Lakeville Drive, Spring City, 37381
Priced At: $225,000
Property Details for ID: 1322198
MLS Status: Active
Property Type: Land
On Market Date: 2025-11-17T22:17:41Z
Subdivision: Apollo Shores
Public Remarks: 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.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
Building Description
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HOA Information
HOA Fee: 216
HOA Freq: Yearly
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Directions
From Spring City take 27N to right on Rocky Springs. Pass Arrowhead Marina; enter Apollo shores
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!