Blue Water Bay Phase I Homes for Sale

Welcome to Blue Water Bay Phase I, a hidden gem nestled in the picturesque hills of Smithville, Tennessee, within the charming Dekalb County. This enchanting subdivision offers a unique blend of natural beauty and modern living, making it an ideal choice for families, retirees, and anyone seeking a serene lifestyle.

At Blue Water Bay, residents are treated to stunning views of the tranquil waters and lush landscapes that surround the area. The subdivision features a variety of homes for sale, each designed with comfort and style in mind. From cozy single-family residences to spacious multi-level homes, there’s something to suit every taste and budget. Many properties boast contemporary designs, open floor plans, and outdoor spaces perfect for entertaining or simply enjoying the peaceful ambiance.

The community is not just about beautiful homes; it also offers a vibrant lifestyle. With nearby access to recreational activities like fishing, hiking, and boating, residents can immerse themselves in the great outdoors. Smithville itself is a friendly town filled with local shops, dining options, and community events that foster a strong sense of belonging.

Whether you’re looking to make a permanent move or a seasonal retreat, Blue Water Bay Phase I is the perfect place to call home. Explore the homes for sale today and discover the enchanting lifestyle that awaits you in this delightful subdivision. Embrace the tranquility, connect with nature, and create lasting memories in Blue Water Bay!

Newest Blue Water Bay Phase I Homes for Sale

$725,000

3 Beds ⋅ 4 Baths ⋅ 3251632 MLS ⋅ ACTIVE Status ⋅ 1.8900000000000001 Acres ⋅ 37166 Zip Code

Tucked among the trees on nearly 2 private acres in sought-after Blue Water Bay, this authentic Center Hill Lake log home offers the lake retreat buyers dream about but rarely find. With seasonal lake views, warm wood interiors, and room to gather family and friends, this is the kind of place where memories are made after long days on the water and evenings spent enjoying the peaceful surroundings. One of the home's most distinctive features is the beautifully renovated kitchen, where modern design meets timeless cabin character. Gorgeous sage green cabinetry, coordinating granite countertops, and an updated layout create a fresh, contemporary feel while maintaining the warmth and authenticity of the log home experience. Outdoor living shines with both a spacious new sun deck and new screened porch, creating the perfect spaces for morning coffee, entertaining, or unwinding after a day on Center Hill Lake. The lower level is designed for fun and relaxation with a recreation and bar area, space for a pool table, and the convenience of a private bathroom, making it ideal for guests and game day gatherings. Outdoor enthusiasts will appreciate the oversized garage with epoxy floors and plenty of room for boats, side-by-sides, jet skis, Razors, vehicles, and lake gear. The fenced backyard offers seasonal lake views, raised garden beds, and extensive landscaping that creates a private retreat. From the moment you arrive, the curb appeal sets this home apart with mature landscaping and a charming brick-inlaid circular walkway leading to the front entrance. Blue Water Bay owners and guests enjoy resort-style amenities including a community pool, fitness center, clubhouse, and walking trails, while marinas, boating, fishing, hiking, and kayaking are just minutes away. Whether you're searching for a full-time residence, weekend escape, or vacation home, this property also offers excellent short-term rental potential with projected annual income of approximately $70,000.

480 Seaton Dr, Smithville

$709,000

4 Beds ⋅ 4 Baths ⋅ 3186998 MLS ⋅ ACTIVE Status ⋅ 0.2 Acres ⋅ 37166 Zip Code

Whether you're looking for a lake house getaway or short term rental income property this custom home with a beautiful lake view delivers both. Overlooking Center Hill Lake this **fully furnished** house comfortably hosts 11 guests with a spacious open floor plan, soaring vaulted ceilings, beautiful hardwood floors, wood burning fireplace, soapstone countertops & stainless appliances. Soak in the views in the hot tub on one of two porches overlooking the lake. Basement media/game room w/ pool table. HVAC replaced 2021, exterior completely re-painted 2022, newer windows on back of home. Short term rentals are allowed. Lawncare included in HOA. Blue Water Bay offers a community pool with incredible lake views and club house. Conveniently located 6 miles from downtown Smithville. Hidden Harbor Marina 13 miles from house. Municipal airport 3 miles. Buyer eligible for 1% preferred lender credit when financing with the Wedig Team at CMG Home Loans.

105 Sandgate Ct, Smithville

$999,000

4 Beds ⋅ 4 Baths ⋅ 3183265 MLS ⋅ ACTIVE Status ⋅ 0.85 Acres ⋅ 37166 Zip Code

Welcome to your private retreat in the desirable Blue Water Bay subdivision just off Center Hill Lake! This custom-built 4 bedroom, 3.5 bath home offers the perfect blend of space, functionality, and natural beauty. Step inside to find a formal dining room and a thoughtfully designed kitchen featuring a gas range, prep sink with disposal in the island, and ample workspace for cooking and entertaining. The main level also includes a spacious mudroom with pantry and access to a large utility room, conveniently located just off the upstairs 2-car garage. The primary suite is a true sanctuary with an oversized walk-in closet, double vanity en suite bath, and a private sunroom that opens onto the upper deck—perfect for enjoying peaceful mornings surrounded by nature. Upstairs also includes two additional bedrooms connected by a walk-through bathroom. Downstairs, you’ll find a versatile open bedroom/bonus room with a full bath and closet, along with an additional 15x26 space ideal for a craft room, office, or man cave. This level opens onto a covered patio, extending your living space outdoors. The basement garage offers EXCEPTIONAL storage with room for at least 3 vehicles or a boat, plus a 7x10 storm/panic room for added peace of mind. Surrounded by trees, this home feels like a private treehouse oasis. For those seeking a lake view, selective tree clearing could create stunning views of Center Hill Lake.

615 Seaton Dr, Smithville

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