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Grainger 37861
Lot 138 Baye Road
$48,900
↓ $10K (17%)
Land - For Sale

Lot 138 Baye Road

Rutledge, TN 37861
bedrooms
Studio
bathrooms
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
Felix Valdes
Cherokee Lake Realty
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
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 – 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…

Property Highlights

Comparables

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Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grainger


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Frequently Asked Questions

When was property at 138 Baye Road built and last sold?
The property at 138 Baye Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 138 Baye Road is $59,489.
What are some comparable homes to 138 Baye Road?
There are currently no comparable homes to 138 Baye Road.

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