0.59 Acres of Residential Land for Sale in Rutledge, Tennessee

Lakeshore Dr Lot 9, Rutledge, TN 37861

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$32,900
0.59 acres
Active sale agoEst $318/mo

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!

Property details

Coordinates
36.2467, -83.44
Community
Rolling Hills
Elevation
1,132 feet
MLS Number
LAAR 702979
Date Listed

Parcels

  • 029 069E A 02300 000 2017

Property taxes

2023
$118

This 0.59-acre property is located at Lakeshore Dr Lot 9 in Rutledge, TN 37861 with latitude 36.2467 and longitude -83.44. The property is currently available for sale for $32,900 with a price per acre of $55,763. Listing data is sourced from Lakeway Area Association of Realtors # 702979.

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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