232 Waters Edge Way

Active

Tracy City, TN 37387

2
Bedrooms
2
Bathrooms
844.00
Sq Ft
0.2500
Acres
Updated 2 minutes ago MLS #: 3050192 Listed 4 months ago

$425,000.00

Est. Monthly: $2,051.24
$504
Per Sq Ft

About This Property

Experience the ultimate modern mountain lifestyle in this impeccably designed sanctuary within the exclusive gated community of The Retreat at Water’s Edge. This turn-key, fully furnished residence is a masterclass in spatial design, offering a high-performing short-term rental (STR) opportunity or a private mountain-top escape. Step inside a light-filled interior where soaring ceilings and oversized windows bring the beauty of the Cumberland Plateau indoors. The heart of the home is a sleek, modern white kitchen featuring premium cabinetry, stainless appliances, and an eat-in island designed for slow mornings and effortless entertaining. The open-concept layout flows seamlessly into a versatile loft—perfect as a cozy reading nook, meditation space, or additional sleeping quarters to maximize rental occupancy. Outdoor living is prioritized for relaxation and guest appeal; sip morning coffee on the covered front porch swing, enjoy bug-free evenings in the screened patio, or gather around your private fire pit under the starlit Tennessee sky. Investors will appreciate the neighborhood's robust amenities, including a 95-acre private lake for kayaking and fishing, scenic hiking trails, and community pavilions. Strategically located near the University of the South in Sewanee and a short drive from Middle Tennessee’s most iconic waterfalls—including Foster Falls and the Fiery Gizzard Trail—this property is perfectly positioned to capture the region's high tourism demand. Through limited marketing and while the owner also blacks time periods for personal stays, this property has booked 25% occupancy for the past 2 years.

Location

Subdivision The Retreat At Waters Edge
Directions Take I-24 to Monteagle exit 134. Head towards Monteagle/Tracy City. Turn left on Hwy 41, travel approx. 5 miles to the gated community The Retreat at Water's Edge. Keep on Water's Edge Way. Homes are located on the right.

Interior Features

Interior Features Ceiling Fan(s),High Ceilings,Open Floorplan,High Speed Internet
Heating Central,Electric
Cooling Central Air,Electric
Flooring Vinyl
Appliances Electric Oven,Electric Range,Dishwasher,Refrigerator,Stainless Steel Appliance(s)
Basement None,Crawl Space

Exterior & Property

Stories 2
Construction Materials Fiber Cement
Exterior Features Smart Lock(s)
Lot Features Wooded
Patio/Deck Features Porch,Covered,Deck,Screened
Sewer/Septic STEP System
Water Source Public

Schools

K-5
Elementary School
Tracy Elementary
6-8
Middle School
Monteagle Elementary
9-12
High School
Grundy Co High School

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 2022
Annual Taxes $1,518.00
Listing Office Compass RE
Listing Agent Megan Baker Jernigan
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-03T05:37:30+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Tracy City and the The Retreat At Waters Edge neighborhood

Tracy City Market

City-wide statistics

Explore Tracy City
62
Active Listings
$320,243.53
Avg Price
1,147
Avg Sq Ft
2.3
Avg Bedrooms

The Retreat At Waters Edge

Neighborhood statistics

Explore The Retreat At Waters Edge
19
Active Listings
$319,768.42
Avg Price
609
Avg Sq Ft
1.8
Avg Bedrooms

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3050192

Currently active listing

4 months ago • Nov 24, 2025

130 days on market

$425,000.00

Sold

MLS# 2597794

Property sold and closed

2 years ago • Feb 15, 2024

43 days on market

$365,000.00

Sold: $345,000.00