Rutledge, TN 37861,558 Peninsula Point
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Rutledge, TN 37861,558 Peninsula Point
Rutledge, TN 37861,558 Peninsula Point
Rutledge, TN 37861,558 Peninsula Point
Rutledge, TN 37861,558 Peninsula Point
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2025
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$ 969,000
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558 Peninsula Point Rutledge, TN 37861

3 Beds

3 Baths

3,817 SqFt


UPDATED:

12/31/2024 09:30 PM

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 3,817 sqft

Price per Sqft $253

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 Description

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!

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 Finished, Walkout

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

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, 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 Cul-De-Sac, Waterfront Access, 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

Energy Description Electric, Propane


Listed by Cherokee Lake Realty
agent

Miranda Jenkins

Founding Advisor | REALTOR® | License ID: 359699

+1(865) 660-0486

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558 Peninsula Point