558 Peninsula Point Rutledge, TN 37861
3 Beds
3 Baths
3,817 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,817 sqft
Price per Sqft $252
Subdivision Peninsula Pointe Estates
MLS Listing ID 1285562
Style Contemporary
Bedrooms 3
Full Baths 3
Originating Board East Tennessee REALTORS® MLS
Year Built 2016
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type Single Family Residence
Property Description
Year-round lakefront living! And we do mean Lakefront Living! Year-round water. No worries about losing your home's lake frontage, when TVA lowers lake levels. If your land sits in a shallow area of Cherokee Lake, 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 nearby homes that recently sold for one million dollars 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. 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. You can walk out your back door and stroll down to the lake. No hills, bumps, dips as you find with many lakefront properties. Once you get in the water, this part of Cherokee Lake is in a No-Wake Zone. Safety. You can kayak, swim, float without worrying about turbulence from boats. Finally, the views. From the living area, from the bedrooms, from the basement, from the decks, you have unobstructed views of Cherokee Lake. Fourth of July fireworks can be enjoyed from the backyard with the lake as a background.
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. An 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. Need more room for a family get together? There are two separate areas which will provide more seating. Three bedrooms on the main level of the house. With the primary and second bedrooms having lake views. The primary 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 in the bathroom vanities. The walkout basement has a sizable entertainment room area. Anotherl lake view bedroom and bathroom. An office. Lots of additional storage with a mechanical room and a second lakefront garage large enough for vehicles. Two large heat pumps cool and heat the residence.
There is no HOA in this community! High speed fiber internet is available. The property sits on a dead-end street, allowing privacy and ideal for walking, strolling, and bike riding. Located in Grainger County, with its scenic farmland but close to everything. Hospitals are within 13 miles. Walmart and Lowe's are 15 miles. Knoxville, Tennessee's third largest city, is close by. Within an 8-hour drive of 20 states, family and friends can visit as you relocate to East Tennessee. 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!
Location
State TN
County Grainger County - 45
Area 0.69
Rooms
Other Rooms Basement Rec Room, LaundryUtility, Bedroom Main Level, Office, Breakfast Room, Great Room, Mstr Bedroom Main Level
Basement Walkout, Finished
Interior
Interior Features Cathedral Ceiling(s), Island in Kitchen, Pantry, Walk-In Closet(s)
Heating Heat Pump, Propane, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Hardwood, Tile
Fireplaces Number 1
Fireplaces Type Gas Log
Fireplace Yes
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heat Source Heat Pump, Propane, Electric
Laundry true
Exterior
Exterior Feature Deck
Parking Features Garage Door Opener, Main Level
Garage Spaces 2.0
Garage Description Garage Door Opener, Main Level
View Mountain View, Lake
Total Parking Spaces 2
Garage Yes
Building
Lot Description Lake/Water Access, Cul-De-Sac, Lakefront
Faces Off Lakeshore Drive enter Peninsula Pointe Estates. Home will be on right, close to the cul-de-sac.
Sewer Septic Tank
Water Shared Well
Architectural Style Contemporary
Structure Type Brick
Others
Restrictions Yes
Tax ID 015.00
Security Features Smoke Detector
Energy Description Electric, Propane