Price Reduction - Water Views - New Construction
Address
248 Cherokee Cove, Rutledge, TN
Price
$ 649,900
Property Attributes
  • MLS#710487
  • TypeSingle Family
  • Listing Status Active
  • CountyGrainger
  • CityRutledge
  • NeighborhoodOther
  • Zip37861
  • StyleCraftsman
  • Year Built2025
  • Taxes$ 1448
  • Price$ 649,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage3820
  • Lot Size0.51 Acres
Data Source:
Lakeway Area MLS (LAAMLS)
Property Description

Picture waking up in a brand-new home. Coffee in the kitchen, morning light pouring through the timber-framed entry, and Cherokee Lake just down the road waiting on you. That's the everyday reality at 248 Cherokee Cove in Rutledge. This 2025-built Timbercraft home delivers 4,000 square feet of living space with the kind of craftsmanship you'd expect to wait years for. The great room stops you at the door: vaulted ceilings with exposed wood timber beams, shiplap walls, wide-plank floors, and a staircase dressed in custom iron tree railings that look like they belong in a mountain lodge. The open layout means whoever's cooking in the kitchen with the sage green shaker cabinets, granite island, and stainless appliances is never cut off from the conversation. The primary suite sits on the main level so you're not climbing stairs at the end of the day. The walk-in closet is the size of a real room, and the bathroom has a double granite vanity, a soaking tub, and a floor-to-ceiling tiled shower with black fixtures. Step out back onto the large open deck and you've got tree canopy, fresh air, and Cherokee Lake views. Upstairs, two bedrooms with wood louvered closet doors give guests or family their own space without crowding the main level. The finished basement adds a large rec room or den, a bonus room that works perfectly as a home office or flex space, and a second bonus room for storage or hobbies. The basement walks out to a covered patio, and the garage connects at the lower level. The subdivision boat ramp puts Cherokee Lake within reach without the waterfront price tag. You get the lake lifestyle, a brand-new home, and room to spread out.

Price History
2/21/2026 Listed $750,000
4/17/2026 7$699,900
6/24/2026 4$675,000
8/26/2026 4$649,900

General Features

Living Area 3820
Sewer Septic Tank
Heating Central,Electric
Cooling Central Air,Electric
Utilities Cable Available,Electricity Connected,Water Connected,Fiber Internet
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Electric Oven,Microwave,Refrigerator
Garage Spaces 2
Patio/Porch Features Deck,Front Porch,Patio
Architectural Style Craftsman
Construction Materials Log,Stone,Wood Siding
Year Built 2025
Electric 220 Volts in Laundry,Circuit Breakers
View Lake,Mountain(s)
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 069L B 04700 000
Waterfront Features Lake Privileges
County Grainger
New Construction true
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Other
Garage Y/N true
Other Structures None
Total Rooms 11
Full Baths 2
Status Active
Directions Lakeshore to Cherokee Cove Estates. Bear right. Home on right
City Rutledge
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 22215.6
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1448.78
Home Warranty Y/N No
Property Condition New Construction
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Virtual Tour https://bit.ly/3DTourCherokee
Structure Type House
Standard Status Active
Occupancy Type Vacant
MobileHomeRemainsYN No
Sewer_co_Septic_sp_Tank true
Heating_co_Central true
Utilities_co_Cable_sp_Available true

Interior Features

Interior Amenities Beamed Ceilings,Ceiling Fan(s),Granite Counters,High Speed Internet,Kitchen Island,Natural Woodwork,Open Floorplan,Vaulted Ceiling(s),Walk-In Closet(s)
Basement Daylight,Finished,Full,Walk-Out Access,Walk-Up Access
Flooring Luxury Vinyl
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Tilt Windows,Vinyl Clad Frames
Fireplace Y/N false
Above Grade Finished Area 2536
Half Baths 1
Laundry Features Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 1284
Main Level Bedrooms 1
Main Level Bathrooms 2
Total Baths 3

Exterior Features

Fencing None
Lot Features Back Yard,Gentle Sloping,Views
Water Source Public
Lot Size Area 0.51
Foundation Details Concrete Perimeter
Spa No
Building Area Total 4755
Lot Dimensions 111.56x200
Lot Size Acres 0.51
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type County Road
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37861

Price
AVG $570K
$650K
Taxes
AVG $1,129
$1,448
Year Built
AVG 2005
2025

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