$48,900
↓ $10K (17%)
●
Land -
For Sale
Lot 138 Baye Road
Rutledge, TN 37861
Studio
0 Bath
$258
Estimated Monthly
$0
HOA / Fees
13.92%
Cap Rate
About This Property
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!
Unit Size
-
Days on Market
88 days
Land Size
0.78 acres
Price per sqft
-
Property Type
Land
Property Taxes
$17
HOA Dues
-
Year Built
-
Listed By
Last updated: 14 days ago (LAARTN #702609)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 21, 2024 | Price Decreased |
$48,900
↓ $10K
(17%)
|
|
Price Decreased | |||
Feb 7, 2024 | Listed by Cherokee Lake Realty | $58,900 | |
Listed by Cherokee Lake Realty | |||
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Aug 22, 2021 | In contract | - | |
In contract | |||
Jun 23, 2021 | Listed by Cherokee Lake Realty | $26,900 | |
Listed by Cherokee Lake Realty | |||
|
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Wish to own a slice of paradise? You can do so at Cherokee Lake.
Quit looking at homes where you must settle for what someone else
designed. Build your permanent home or your vacation home at
Mallard Baye â a wonderful Cherokee Lake community nestled between
Morristown and Jefferson City. Lot 138 at .78 of an acre is wooded.
Some think this is a disadvantage. We think not. A perceived
disadvantage of living in a subdivision is the lack of privacy
between homes. With this parcel of land…
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