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Active 246 days on market

487 Peninsula Pointe

Rutledge, TN 37861 · Penensulia Pointe · Grainger County

$819,900

$30,000 price cut · Aug 17

Beds
3
Baths
2
Sq ft
1,800
Acres
0.91
Built
2022

Listing courtesy of Billy Houston Group, Realty Executives · MLS #1330463

Description

Lake Living Made Easy

Enjoy peaceful lake views from both the front and back porch of this charming 3-bedroom, 1,800 sq ft ranch-style home designed for relaxed, easy living.

This one-level layout offers comfortable living spaces with a natural flow, perfect for everyday living or a weekend retreat. Large windows invite in natural light and frame the water views, creating a calm and welcoming atmosphere throughout.

Even better -- living room and bedroom furniture remain with the home, making this an ideal turnkey opportunity for a full-time residence, vacation getaway, or investment property.

Step onto either porch with your morning coffee or unwind in the evening while taking in the tranquil lake scenery. Whether you're entertaining guests or enjoying quiet time by the water, this home delivers the lifestyle buyers are looking for.

Details

Home

Type
Residential · Single Family Residence
Style
Ranch
Year built
2022
Living area
1,800 sq ft
Bedrooms
3
Bathrooms
2 full
Basement
Crawl Space
Garage
2-car
Parking
Attached, Main Level

Interior

Rooms
Great Room, Split Bedroom, Laundry/Utility, Mstr Bdrm Main Level
Flooring
Vinyl
Fireplaces
1
Appliances
Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
Features
Eat-in Kitchen, Breakfast Bar, Walk-In Closet(s)
Also
Washer/Dryer Connect, Walk-In Closet(s), Walk-in Shower

Exterior

Construction
Brick, Frame, Fiber Cement
Architecture
Traditional
Porch & patio
Porch - Covered

Land

Lot size
0.91 acres
Lot
Waterfront
Views
Lake, Mountain View, Country Setting
Deed restrictions
Yes

Utilities

Water
Public
Sewer
Septic · perc test on file
Heating
Central, Propane, Electric

Listing

MLS #
1330463
Status
Active
On market
246 days
Listed
Feb 24, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$456
1,800 sq ft

Price history

Aug 17, 2026
Price cut
$819,900 −$30,000
Before
Listed
$849,900

Accepted

  • Cash
  • Conventional

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Location
Neighborhood
Penensulia Pointe
County
Grainger
ZIP
37861

Drive times

  • Douglas Lake 45 min
  • Morristown 45 min
  • Tazewell 45 min
  • downtown Knoxville 60 min
Approximate, by road

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Listing courtesy of Billy Houston Group, Realty Executives. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1330463.