1 month on rocket

Torbett Rd, Spring City, TN, 37381

$800,000

0.90 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1279495
Lot Size0.90 Acres
StatusActive

About Torbett Rd

Once-in-a-Generation Lakefront Opportunity on Watts Bar Lake Discover a rare gem with this stunning lake lot on a private peninsula, offering over 500 feet of private driveway and more than 600 feet of pristine shoreline. Spanning .9 acres, this property boasts year-round deep water access at the end of the peninsula, perfect for boating enthusiasts. Enjoy unmatched, 180-degree unobstructed views of Watts Bar Lake, the majestic Cumberland Plateau, and breathtaking mountain scenery. With a westerly orientation, you'll be treated to spectacular sunsets every evening. The property features a sturdy seawall and a grandfathered concrete boat ramp, alongside concrete steps for easy access to the water. Located just 15 minutes from downtown Spring City, you'll have all your immediate needs within reach while enjoying the tranquility of lakeside living. Don't miss this incredible opportunity to create your dream retreat! Semi adjacent lot is also available MLS# 1279506. Buyer to verify all information

Property Details

Property Features

Listing Office:

  • Office Name: So-Legacy Group
  • Office Phone: (714) 469-0377

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly
  • Lot Size: 0.90 Acres

Other

Directions Information:

  • Directions: Take Highway 27 north to Spring City, then Highway 68 (Watts Bar Highway). Turn left onto Wolf Creek Road, remain left at the fork to continue onto Torbett Road. At end of Blue Heron Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000
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Housing Market Comparison

See how this home compares to others in Spring City, TN.

Med. Sold Price

$345K

Med. Price/SqFt

$190

Avg. Days On Market

46

# of Sold Homes

14

Torbett Rd vs Spring City

39 DAYS ON ROCKET

-7 Days

$800,000

+$455K More

KEY TAKEAWAY

This property is $455K more than the Median Sold Price in Spring City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1279495

Listing Office:

  • Office Name: So-Legacy Group
  • Office Phone: (714) 469-0377

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2021Home Sold
$70,000
Jun 01, 2021Home Sold
$180,000
Mar 06, 2019Home Sold
$60,000
Aug 28, 2018Home Sold
$17,350
Apr 28, 2016Home Sold
$21,000
Apr 28, 2016Home Sold
$21,000
Nov 08, 2013Home Sold
$79,980
Nov 08, 2013Home Sold
$79,980
Feb 28, 2012Home Sold
$17,000
Feb 28, 2012Home Sold
$17,000

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-974231
6
/10
  • Spring City Elementary School

  • 270 E Jackson Ave

  • 3.61 miles

  • Public District Grades PK-5

school-card-donut-974232
6
/10
  • Meigs North Elementary School

  • 22015 State Highway 58 N

  • 6.56 miles

  • Public District Grades PK-5

school-card-donut-974233
7
/10
  • Frazier Elementary School

  • 3900 Double S Rd

  • 13.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,934. The most common annual income of people living in Spring City, TN is between $35k-100k. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Torbett Rd

What is the listing price of this property?

The listing price of Torbett Rd property is $800,000.

What type of property is this?

The property Torbett Rd is land located in Spring City, Tennessee, 37381.

Is this property for sale now?

Active Listing: Torbett Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on July 20, 2021 for $70,000. (source: MLS/tax record).

How much acreage is this property?

The property Torbett Rd is 0.90 acres.
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Rocket HomesTennesseeRhea CountySpring City37381Torbett Rd

This home is located at Torbett Rd in Spring City, TN and zip code 37381. This home sits on a 0.90 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $800,000.

Over 1 listings were sold over their listed price in October 2024 in Spring City, TN. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Spring City, TN between September 2024 and October 2024 decreased by 5.7%. The median list price of listings available in October 2024 was $345,000, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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