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Residential Land for Sale in Rutledge, Tennessee

Grainger County, Rutledge, TN 37861

$54,900
0.54 acres
Active sale
ago
Est $382/mo

Owner financing available. Call for information on the terms. Rare opportunity to own a parcel of land with direct access to Lakeshore Drive. All the adjacent lots were sold years ago and have very nice homes built on them. Lot 1 was held by the developer to build a personal home but is now being made available. On one side of the lot is the private entrance to the gated Shiloh Springs Subdivision. A nice group of mature trees will provide shade and extreme privacy on that side. The building area of the land is cleared saving you the thousands of dollars it takes to clear a lot of this size. The short distance to Lakeshore Drive will also save you the cost of concrete when building a driveway. Plus, public water is available. This is huge as the current cost of building a well will run you $20,000 plus. When you take into consideration the savings on clearing the land, cost of a driveway, and well drilling when you get ready to build your home, this lot is a steal. Lakeshore Drive in one direction will take you to the city of Morristown. The other direction will take you to Jefferson City. Conveniently located to shopping and medical facilities in both cities. There are two Walmarts and two Lowe's within 18 miles. Hospitals? There are also two within 16 miles. Schools, shopping, golf courses, and dining are all close by. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. 4 full, mild seasons, and no destructive hurricanes, or flooding with this lot. You can have all this and have close access to Cherokee Lake, with its world-renowned fishing, boating, and recreation! Live the Cherokee Lake Life!

Location

Zip code
37861
Elevation
1,227 feet
Coordinates
36.268, -83.4098

Directions

Lakeshore Drive, next to Shiloh Springs entrance.

Property details

Lot size
0.54 acres23,522 sq ft
Zoning
Residential
MLS #
LAAR 712446
Posted

Property taxes

2025
$110

Parcels

  • 061F B 00100 000

Details and features

Listing

Type
Land
Subtype
Single Family Residence
Address
Lakeshore Lot: 1

Lot

View
Hills, Valley
Features
Cleared

Structure

Water
Public
Sewer
Septic Needed

Listing history

DateEventPriceChangeSource
Aug 4, 2026New listing$54,900LAAR
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This 0.54-acre property is located in Rutledge, TN 37861. The land is available for sale, priced at $54,900.

Listed by Cherokee Lake Realty, (865) 471-8222

Checked 1 hour agoUpdated Source

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