Watts Bar Lake Lakefront Property

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468 Melrose Place
Dayton, TN 37321

Property

$799,000

DIRECT lakefront

Single Family: Traditional
8 rooms, 4 bedrooms, 3 full baths, 0 half baths

Rhea County - 42
(Melrose Landing)

Nestled on a beautiful waterfront, dockable lot with peaceful water views, this custom-built home offers the perfect blend of Southern charm, thoughtful design, and everyday comfort. This gorgeous home offers 4 bedrooms, 3 bathrooms, and lots of extras for entertainment. From the moment you arrive, you're welcomed by timeless curb appeal, featuring a classic stone-and-siding exterior, manicured landscaping, and an inviting front entry. Inside, the home opens to a warm and well-appointed interior with rich hardwood floors, detailed trim work, and abundant natural light throughout. The heart of the home is a stunning kitchen designed for both gathering and functionality, featuring custom cabinetry, a statement wood-topped island, and an open flow into the main living area. The living room offers a cozy yet refined space with a fireplace, built-ins, and access to the expansive rear porch. Step outside to the covered porch overlooking a serene backyard and water view--an ideal setting for morning coffee, evening relaxation, or entertaining guests year-round. Just beyond, a beautiful brick patio surrounded by roses and framed by an antique gate creates an enchanting outdoor space perfect for gatherings or quiet moments. The spacious primary suite provides a private retreat with a beautifully appointed bath and generous closet space. Additional bedrooms and flexible living areas offer room for family, guests, or a home office. The second floor has a large family room space with a kitchen area, perfect for relaxed gatherings. Situated on a large, scenic lot, this property offers a rare combination of privacy, usable outdoor space, and natural beauty--all while remaining conveniently located. This is more than a home--it's a lifestyle. Melrose Place is a gated community and offers a community boat launch and slips.

Property Information

Total Living Area: 2957 sq. ft.,
Garage/Parking: 2 garage spaces, parking spaces
Approx. Acres: 1.07
Living Area - Main Level: 2957 sq. ft.
Living Area - 2nd Floor: 0 sq. ft.
Living Area - Lower: 0 sq. ft.

Room Details

Features

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Other Property Information

Year Built: 2013

Tax Information

Taxes (Total): $2,559
City Taxes: $0
County Taxes: $2,559
Parcel #: 092J A 02100 000

Listed by Cindy Yawn of Coldwell Banker Pryor Realty

ETN # 1334001

© Knoxville Area Association of Realtors® MLS. Listing 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. Listing information is deemed reliable but not guaranteed accurate by the KAAR MLS.

East Tennessee Realtors® MLS data last updated on Friday, May 1, 2026 at 2:27 AM

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