$989,000
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558 Peninsula Point Unit 558 Rutledge, TN 37861
Single Family
Residence
3
Beds
3
Baths
Sq. Ft.
0.69
Acre
Lot
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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 every single year. If your land sits in a shallow area of Cherokee Lake, or in one of the many lake coves, you will lose ALL of your lake frontage. Thi...s home will have 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. 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/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 primary and second bedrooms having excellent 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 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, one for the main level and the second for the basement. There is no HOA in this community! None! 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 to crowd the road. 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. Even Dolly Parton's Dollywood is nearby. Within an 8-hour drive of 20 states, so 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!
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MLS#
705451
Property Type
Single Family
Bedrooms
3
Bathrooms
3 Full
Year Built
2016
Lot Size
0.69
Sewer
Other, Holding Tank
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