Active
558 Peninsula Point
Rutledge TN, 37861
$969,000
$253.86 per sqft
Active
3 Beds
3 Baths
3,817 sqft
Residential
Built in 2016
Year-round lakefront living and lake views! And we do mean Lakefront Living! Year-round water. No worries about losing your home's lake frontage, when TVA lowers lake levels every single year. If your land sits in a shallow area of Cherokee Lake, or in one of the many lake coves found in Tennessee, you will lose ALL of your lake frontage. Imagine purchasing a beach front home in Florida, South Carolina, wherever, and finding that later in the year the beach is gone? Nothing but sand. Well, that can happen with any TVA lake if you purchase a home in one of the shallow banks of any of these lakes. There are several nearby homes that recently sold for just under one million dollars this year that are now dealing with this issue. As we know, a lot of folks from other states are relocating to Tennessee, with some of them not being aware how lake levels fluctuate yearly. Until it's too late. This home will not have this problem. Cherokee Lake frontage in January. Cherokee Lake frontage in December. Cherokee Lake frontage year-round! A few additional features add to the uniqueness of this property. The house sits in a No-Flood Zone. Have Cherokee Lake in your backyard without the fear of water encroaching into your house as we have recently seen with the disasters that Hurricane Helene brought into neighboring areas. Yet the land is very level and flat. You can walk out your back door and stroll down to the lake. No hills, bumps, dips as you find with many lakefront properties which can create hazards. This part of Cherokee Lake is in a No-Wake Zone. Safety. You can kayak, swim, float without worrying about turbulence from boats/jet skis powering by. Finally, the views. From the living area, from the bedrooms, from the basement, from the decks, you have unobstructed views of Cherokee Lake. Annual Fourth of July fireworks celebrations can be enjoyed from the backyard with the lake as a background. Live the Cherokee Lake Life year-round! This brick and stone low exterior maintenance home was custom built by the owners in 2017. Just under 4,000 square feet of finished living area. A large two-car garage with oversized doors for parking SUVs and trucks. All the main living space is on one level. A generously designed open floor plan taking advantage of Cherokee Lake views. High vaulted ceilings with a custom stone fireplace fed by a 500-gallon underground propane tank. Rich alder wood cabinets frame the large granite kitchen island which can sit five family members and friends. Need more room for a family get together? There are two separate areas which will provide more dining options. Three bedrooms on the main level of the house. With the main and second bedrooms having excellent lake views. The main bedroom suite is huge, with his and hers walk-in-closets. The bathroom features a garden tub and a deep custom tile shower. Matching granite counter tops are also abundant in the bathroom vanities. The walkout basement has a sizable entertainment/game room area. An additional lake view bedroom. Another full bathroom. An office. Lots of additional storage with a mechanical room and a second lakefront garage large enough for vehicles and water toys. Two large heat pumps cool and heat the residence. There is no HOA in this community! Short term vacation rentals are allowed. High speed fiber internet for streaming, and for those of us that work from home, is available. The property sits on a dead-end street, allowing privacy and ideal for walking, strolling, bike riding, with very little drive by traffic. Located in Grainger County, with its scenic farmland but close to everything. Hospitals, Walmart, and Lowe's are all within 15 miles. Knoxville, Tennessee's is close by. Within an 8-hour drive of 20 states, family and friends can visit as you relocate to TN. Own your own lake playground with a ''No Flood Zone'', ''No Wake Zone'', ''Year-round water'' property. Live the Dream. Live the Cherokee Lake Life!
1285562
MLSⓇ ID
December 27, 2024
Listed
December 31, 2024
Updated
Map
558 Peninsula Point
Rutledge TN, 37861
Interior Features
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Cathedral Ceiling(s), Island in Kitchen, Pantry, Walk-In Closet(s)
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
Floor Description
Hardwood, Tile
Fireplace
Yes
Fireplace Description
Gas Log
Cooling
Yes
Cooling Description
Central Cooling, Ceiling Fan(s)
Heating
Yes
Heating Description
Heat Pump, Propane, Electric
Exterior/Building Features
Lot Size
0.69 Acres
Exterior Features
Deck
Lot Features
Cul-De-Sac, Waterfront Access, Lakefront
Architectual Style
Contemporary
Sewer
Septic Tank
Other Property Details
Area Name
Grainger County - 45
Garage
Yes
Garage Spaces
2
Parking
Garage Door Opener, Main Level
View
Yes
View Description
Mountain View, Lake
County
Grainger County - 45
Water Source
Shared Well
Pool
No
Courtesy of Cherokee Lake Realty, Felix Valdes
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Eleanor Cippel shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:09 PM UTC, 12/31/2024