# 468 Melrose Place, Dayton, TN 37321

> **TL;DR:** 4bd/3ba single family, $799,000 ($270/sqft), built 2013, 2,957 sqft.
> Fireplace, Waterfront, View, A/C. Est. $4,862/mo. Listed 69 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $799,000 |
| Price/sqft | $270 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 2,957 |
| Year Built | 2013 |
| Lot Size | 46,609 sqft (1.07 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 69 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Lake

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,462 |
| HOA | $1,400 |
| **Total** | **$4,862** |

## Nearby Schools

- **Elementary:** Frazier Elementary School
- **Middle:** Rhea County Middle
- **High:** Rhea County High School

## Key Amenities

- Fireplace
- Waterfront
- View
- A/C

## Property Highlights

- Built in 2013
- 1.07 acre lot
- Fireplace
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 468 Melrose Place, Dayton, TN 37321
- **County:** Rhea
- **Neighborhood:** Melrose Landing
- **Coordinates:** 35.492313, -84.901024
- **Google Maps:** https://www.google.com/maps?q=35.492313,-84.901024

## Listing Agent

- **Name:** Cindy Yawn
- **Brokerage:** Coldwell Banker Pryor Realty
- **Phone:** 4233226987
- **Email:** cindyhyawn@gmail.com

## Primary Photo

![468 Melrose Place - Primary Photo](http://lh.rdcpix.com/a5ec457081142af03836ad43985b5649l-f2542597647r.jpg)

*71 total photos available on [listing page](https://www.propertysimple.com/listing/468-melrose-place-dayton-tn-37321-1531051)*

---

**MLS#:** 1531051 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/468-melrose-place-dayton-tn-37321-1531051)

---

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