0.78 Acres of Residential Land for Sale in Rutledge, Tennessee

Baye Rd Lot 138, Rutledge, TN 37861

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$48,900
0.78 acres
Active sale$10k dropEst $476/mo

Owners have given instructions to drop the sales price $10,000! You will NOT find a parcel of land with a better view of Cherokee Lake at this price!The owners chose this spot to build their forever home. They applied for a septic system permit with the State of Tennessee and received it. They hired a crew to clear and prep the lot for building. Photos displayed show the amount of growth that was on the lot before clearing. Then, one photo shows the end result once the land was cleared. In other words, they spent a lot of money to do what needs to be done before breaking ground. But, in life, as we all know, stuff happens, and plans change. So, this family's loss can be your gain. They sincerely hope that the family that settles on this parcel of land will enjoy it as much as they would have.Lot 138, at .78 of an acre, is a large parcel of land for this community and totally cleared. Clearing and removing all the debris created by the fallen trees and brush, on a lot of this size, costs thousands of dollars. If you've ever had a large tree taken down, you know exactly what we are referring to. This writer had ONE tree taken down in my backyard and it cost over $2,000. Which was the lowest estimate received. And receiving a septic system permit from the State will remove any doubt as to whether the land you are purchasing is suitable for building a home. Without a permit, you cannot build a home in Tennessee. Lot 138 is prepped, approved, and ready to build today!The home site has enough elevation where the designed home will have wonderful views of Cherokee Lake. But, without the steepness that would create accessibility issues as you see with Norris or Douglas Lake lots. This lakeview property is not lakefront, but you can WALK across the street to Cherokee Lake. And within 9 miles you can find 8 boat launching sites and 5 marinas to keep your boat year-round. Cherokee Dam, with year-round facilities for unloading your boat, parking, grilling stations, a public beach, restrooms, pavilion, and campground is less than 9 miles. See accompanying photos. Grainger County Park with pavilions for family gatherings, walking trails, playgrounds, and boat ramp is less than 3 miles away. High-speed fiber internet, for those of us that work from home, and cable services are also available. And, get this, total property taxes are only $204 per year.Located in historic Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital (a four-star nationally ranked health care provider), Walmart, Lowe's, and restaurants are within 15 miles. Knoxville, Tennessee's third largest city, is 37 miles. So, if you work in Knoxville, settle in Grainger County, where you pay lower property taxes and get much more property for the money. This much land, with this type of location would cost you five times more in lake communities around Knoxville.Tennessee, which has NO State Income Tax and four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! No hurricanes, no ice storms, no alligators or pythons, and little history of tornadoes and flooding in this area of East Tennessee. Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its renowned fishing, boating, and recreation activities by owning your dream property at a premier Cherokee Lake community.Live the Cherokee Lake Life!

Property details

Coordinates
36.2358, -83.4385
Community
Mallard Bay
Elevation
1,115 feet
MLS Number
LAAR 702609
Date Listed

Parcels

  • 029 069M D 01200 000 2017

Property taxes

2022
$204

This 0.78-acre property is located at Baye Rd Lot 138 in Rutledge, TN 37861 with latitude 36.2358 and longitude -83.4385. The property is currently available for sale for $48,900 with a price per acre of $62,692. Listing data is sourced from Lakeway Area Association of Realtors # 702609.

Verify sale details at the property source or contact Cherokee Lake Realty at (865) 471-8222.

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Copyright (C) 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.

Listing checked and updated . Parcel data by Regrid.

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