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206 Lakeshire Dr, Spring City, TN, 37381

2beds
2baths
1,056sqft
$295,000
$279price/sqft
$2,367/moest. monthly cost
$94,680/yrincome needed

About This Home

100% Financing !!! Enjoy beautiful water views from this fully remodeled 2- bedroom, 2-bath home, with the marina just a few steps away! Whether you're looking for a full-time residence, vacation home, or investment property, this move-in-ready home offers the perfect combination of comfort and convenience. Recent updates include a new roof, new windows, new HVAC system, and new appliances, giving you peach of mind for years to come. A spacious 2-car detached garage provides plenty of room for vehicles, storage, or a workshop. Come see it today!!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

8/10
7/10
4/10
Rhea County High SchoolGrades 9-127.8 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1969

Materials

  • Foundation: Block,Slab
  • Roof: Metal
  • Construction materials: Frame,Other,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Gas Cooktop,None
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bathroom

  • Level: First

Bathroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Open Floorplan,Walk-In Closet(s)
  • Window features: Insulated Windows,Vinyl Frames
  • Flooring: Laminate
  • Finished area above ground: 1,056

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,056 sqft

Laundry

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 037g B 02400 000

Features

  • Levels: One
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: None
  • Fencing: None
  • Has view: Yes
  • View description: Lake,River,Water
  • Has water view: Yes
  • Water view: Lake,River,Water
  • On waterfront: Yes
  • Waterfront features: Marina in Community,River Access

Lot

  • Lot size: 0.47 Acres
  • Features: Lake on Lot,Level,Sloped,Views,Rural
  • Lot size dimensions: 75 x 271.43 IRR

Parking

  • Total spaces: 2
  • Parking features: Concrete
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Inland Flooding
Landslide
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance $123$1,476
Property Taxes $578$6,936
Electricity $175$2,103
Total$2,367$28,404

Income You'd Need if You Spent...

35% on housing$81,154/yr
40% on housing$71,010/yr
45% on housing$63,120/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 37381$154
Rhea County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 37381$274
Rhea County$176

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$275,000
2026-06-29Listed for sale$295,000
2024-01-12Sold$84,250
2023-12-30Pending sale$91,500
2023-12-29Contingent$91,500
2023-12-08Listed for sale$91,500
2022-05-26Sold$45,000
2022-04-21Pending sale$45,000
2022-01-12Listing removed--
2022-01-10Listed for sale$45,000

For Sale by Agent

AgentCarolann Smith
BrokerageWeathersbee Realty

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