345 Magnolia Dr, Spring City, TN, 37381
About This Home
Brand-New Rustic Cabin Retreat on 3 lots, just over an acre. Enjoy peaceful country living in this newly built cabin, offering 2-3 bedrooms and 2 full baths. This home features an inviting open floor plan with warm tongue-and-groove finishes designed for comfort and versatility. The main level includes a spacious primary bedroom, a full bath, a generous laundry room, and a well-appointed kitchen complete with all appliances. Upstairs, you'll find two roomy spaces perfect for additional bedrooms, a home office, or hobby rooms, along with a second full bath. Enjoy quiet mornings and relaxing evenings on the covered concrete porch, surrounded by nature and abundant wildlife. Privately tucked away in the Lakewood Village community, this property provides lake access just a street away and is conveniently located near multiple marinas, resorts, a TWRA boat launch, and a fishing pier. Whether you're looking for a serene getaway, a cozy full-time home, or a great short-term rental investment, this charming cottage is the one. Schedule your private tour today before this gem gets away! Additional lots are available!!
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2025
Materials
- Construction materials: Other,Wood Siding,Block,Log
Type & Style
- Home type: SingleFamily
- Architectural style: Other,Log
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range,Refrigerator
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Eat-in Kitchen,Bonus Room
- Window features: Windows - Vinyl,Insulated Windows
- Flooring: Hardwood
- Fireplace features: None
Heating & Cooling
- Heating features: None,Electric
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
Property
Details
- Parcel number: 038K C 018.00, 019.00,020.00
Features
- Has view: Yes
- View description: Country Setting,Trees/Woods
Lot
- Lot size: 1.30 Acres
- Features: Private,Wooded,Corner Lot,Level,Rolling Slope
Parking
- Parking features: None
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
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Earthquake
- Hail
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,339 | $16,068 |
| Home Insurance | $110 | $1,320 |
| Property Taxes | $291 | $3,492 |
| Electricity | $175 | $2,103 |
| Total | $1,915 | $22,980 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-25 | Listed for sale | $274,900 |
| 2023-10-18 | Sold | $15,000 |
View on Zillow