Price Reduction - Waterfront
Address
468 Melrose Place, Dayton, TN
Price
$ 769,000
Property Attributes
  • MLS#1531051
  • TypeSingle Family
  • Listing Status Active
  • CountyRHEA
  • CityDayton
  • NeighborhoodMelrose Landing
  • Zip37321
  • StyleRanch
  • Taxes$ 2559
  • Price$ 769,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2957
  • Lot Size1.07 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description

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.

Elementary School Middle School High School
Frazier Elementary School Rhea County Middle Rhea County High School
Price History
3/25/2026 Listed $799,000
9/17/2026 4$769,000

General Features

Sewer Septic Tank
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Electricity Connected,Water Connected,Propane
Possession Close Of Escrow
Roof Shingle
Appliances Water Heater,Refrigerator,Induction Cooktop,Electric Cooktop,Dishwasher,Built-In Electric Oven
HOA Fee 1400.0
Garage Spaces 2.0
Association Fee Includes Other
Patio/Porch Features Porch - Covered,Screened
Architectural Style Ranch
Construction Materials Frame,HardiPlank Type
Year Built 2013
View Lake
Stories Count 1
Levels One and One Half
Property Subtype Single Family Residence
Waterfront Features Lake Front
Community Features Gated,Lake
Assoc Fee Paid Per Annually
County Rhea
New Construction No
Property Type Residential
Association Amenities Boat Slip,Gated
HOA Yes
Attached Garage Yes
Subdivision Name Melrose Landing
Garage Y/N Yes
Other Structures None
Full Baths 3
Status Active
Directions From the office,take Hwy 27N,turn right on New Union,turn right on Melrose Landing,turn right on Melrose Place. The house is on right.
High School Rhea County High School
City Dayton
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 46609.2
Carport Y/N No
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Frazier Elementary School
Land Lease Y/N No
Tax Annual Amount 2559.0
Home Warranty Y/N No
Middle/Junior High School Rhea County Middle
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
MobileHomeRemainsYN No
Legal Description 092j A 021.00
Sewer_co_Septic_sp_Tank True
Heating_co_Central True

Interior Features

Interior Amenities Breakfast Bar,Breakfast Room,Ceiling Fan(s),Double Vanity,En Suite,Separate Dining Room,Soaking Tub,Walk-In Closet(s)
Flooring Carpet,Tile,Vinyl
Fireplace Features Great Room,Propane
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N Yes
Above Grade Finished Area 2957.0
Laundry Features Laundry Room
Total Bedrooms 4
LivingAreaSource Appraiser
Total Baths 3

Exterior Features

Exterior Amenities Boat Slip,Other
Parking Features Driveway,Garage,Garage Door Opener,Garage Faces Side
Lot Features Back Yard,Front Yard,Irregular Lot,Landscaped,Waterfront
Water Source Public
Lot Size Area 1.07
Foundation Details Block
Spa No
Building Area Total 2957.0
Lot Dimensions 125.64 X 241.07
Lot Size Acres 1.07
Road Surface Type Asphalt
Waterfront Y/N Yes
Road Frontage Type Private Road
Crops Included Y/N No
Road Responsibility Private Maintained Road
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37321

Price
AVG $450K
$770K
Taxes
AVG $1,164
$2,559
Visits
AVG 26
56
Data Provided by Inside Real Estate®