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Lot 9 Lakeshore Drive, Rutledge, TN 37861

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For Sale

$32,900

0.59 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • 0.6 acres
    Lot size

Explore this Property

Lot 9 is 0.59 of an acre and has access to public water. No need to install a well. The average cost of installing a well today is $20,000. The land is totally cleared. Clearing the land for building a home will also run into thousands of dollars. The savings in not having to do these two necessaries as you prepare your site for building your home can just about equal what you are paying for this lot. If you work from home, high-speed fiber internet is available. There are no city property taxes, only county taxes. Property taxes for 2023 were $117.50. Total. There is no HOA, so there are no HOA fees. Restrictions for building a home on this property are minimal. The home can be just 1,200 square feet. However, there are no mobile homes allowed.This is a corner lot, so no neighbors to the front of you or to one side. The lot is not lakefront, but as you can see from the photos, Cherokee Lake is across the road and within 9 miles you can find 8 launch sites for your boat and 5 marinas that will allow you to keep your boat year-round.Easy access right off Lakeshore Drive. Close to Jefferson City and Morristown. Four-star rated Jefferson Memorial Hospital is 12 miles away. Walmart is 15 miles. Restaurants, malls, theaters, more hospitals, schools, and retail shops are all nearby. And, if you want more things to do, Knoxville, Tennessee's third largest city is 37 miles away. Want to feel like a tourist? Pigeon Forge and Gatlinburg, recognized as the ''Gateway to the Smokies'' are within 44 miles. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. Four full, mild seasons, within a day's drive of most of the nation, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its world-renowned fishing, boating, and recreation activities by living in scenic Grainger County. Live the Cherokee Lake Life!
MLS# 702979

Courtesy Of Cherokee Lake Realty

(865) 471-8222

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.59 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to Lot 9 Lakeshore Drive, Rutledge, TN 37861

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Copyright © 2024 Lakeway Area 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. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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