468 Melrose Place

Dayton, TN
$ 799,000 Beds 4 Baths 3 Sq 2,957
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 799,000
  • City
  • Dayton
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Rhea
  • Half Bathrooms
  • 0
  • Area
  • Rhea County
  • Lot Size
  • 1.07 Acres
  • Zip
  • 37321
  • Sqr Footage
  • 2,957
  • Year Built
  • 2013
  • Taxes
  • $ 2559
  • Style
  • Traditional
  • MLS#
  • 1334001
Listed By: Coldwell Banker Pryor Realty
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank
Heating Central,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Refrigerator,Self Cleaning Oven,Other
HOA Fee 1400
Garage Spaces 2
Architectural Style Traditional
Security Features Gated Community
Construction Materials Frame,Other
Year Built 2013
Property Subtype Single Family Residence
Assoc Fee Paid Per Yearly
County Rhea County - 42
Property Type Single Family
Association Amenities Other
HOA true
Attached Garage true
Subdivision Name Melrose Landing
Total Rooms 8
Full Baths 3
Status Active
Directions From office, take Hwy 27N, turn right on New Union, turn right on Melrose Landing, turn right on Melrose Place. House is on right.
High School Rhea County
City Dayton
MLS Area Rhea County - 42
Lot Size Units Acres
Lot Size Square Feet 46609.2
Property Attached Y/N false
MLS Area Minor Rhea County - 42
Structure Type 1 1/2 Story
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true

Interior Features

Interior Amenities Walk-In Closet(s),Kitchen Island,Pantry,Breakfast Bar
Basement Crawl Space
Flooring Carpet,Hardwood,Vinyl,Tile
Total Fireplaces 1
Fireplace Features Ventless,Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Total Bedrooms 4
Total Baths 3

Exterior Features

Parking Features Garage Door Opener,Attached
Lot Features Waterfront
Water Source Public
Lot Size Area 1.07
Building Area Total 2957
Lot Size Acres 1.07
Frontage Type Lakefront
Lot Size Source Tax Records

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Kingsport, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Rhea County High School

Price History

3/25/2026 Listed $799,000

Property vs Zip Code Average in 37321

Price
AVG $400K
$800K
Taxes
AVG $1,087
$2,559
Year Built
AVG 1986
2013

Areas That We Cover

468 Melrose Place Dayton, TN is a Single Family Home for sale at $799000 with 2957 sqft and a lot size of 1.07 Acres Acre(s). 468 Melrose Place Dayton has 4 bedrooms, 3 baths and was built in 2013. The property's zip code is 37321 which is in Dayton, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.