$42,900
Lot 138 Baye Road Rutledge, TN 37861
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Listed by Felix Valdes • Cherokee Lake Realty
$42,900
Est. payment /mo
33,976 SqFt
UPDATED:
10/13/2024 11:48 PM
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 33,976 sqft
Price per Sqft $1
Subdivision Mallard Bay
MLS Listing ID 702609
HOA Fees $75
Originating Board Lakeway Area Association of REALTORS®
Annual Tax Amount $204
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 0.78
Property Description
OWNERS OF THIS PROPERTY HAVE GIVEN INSTRUCTIONS TO DROP THE SALES PRICE ANOTHER $6,000! YOU WILL NOT FIND A PARCEL OF LAND WITH A BETTER VIEW OF CHEROKEE LAKE AT THIS PRICE!
The owners chose this spot to build their forever home. They applied for a septic system permit with the State of Tennessee and received it. They hired a crew to clear the land of all brush and tree growth and prepare the lot for building. Photos displayed show the amount of growth that was on the lot before clearing. A second photo shows the result once the land was cleared. In other words, they have spent thousands of dollars to do what needs to be done before breaking ground. Their loss will be the new owners' gain. But, in life, as we all know, stuff happens, and plans change. So, this family's loss can be your gain. They sincerely hope that the family that settles on this parcel of land will enjoy it as much as they would have.
Lot 138, at .78 of an acre, is a large parcel of land for this community and totally cleared. Clearing and removing all the debris created by the fallen trees, and brush, on a lot of this size, costs thousands of dollars. If you've ever had a large tree taken down, you know exactly what we are referring to. This writer had ONE tree taken down in my backyard and it cost over $2,000. Which was the lowest estimate received. And receiving a septic system permit from the State will remove any doubt as to whether the land you are purchasing is suitable for building a home. Without a permit, you cannot build a home in Tennessee. Lot 138 is prepped, approved, and ready to build today!
The home site has enough elevation where the designed home will have wonderful views of Cherokee Lake. But, without the steepness that would create accessibility issues as you see with Norris or Douglas Lake lots. This lakeview property is not lakefront, but you can WALK across the street to Cherokee Lake. And within 9 miles you can find 8 boat launch sites and 5 marinas to keep your boat year-round. Cherokee Dam, with year-round facilities for unloading your boat, parking, grilling stations, a public beach, restrooms, pavilion, and campground is less than 9 miles. See accompanying photos. Grainger County Park with pavilions for family gatherings, walking trails, playgrounds, and boat ramp is less than 3 miles away. High-speed fiber internet, for those of us that work from home, and cable services are also available. And, get this, total property taxes are only $204 per year.
Located in historic Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital (a four-star nationally ranked health care provider), Walmart, Lowe's, and restaurants are within 15 miles. Knoxville, Tennessee's third largest city, is 37 miles. So, if you work in Knoxville, settle in Grainger County, where you pay lower property taxes and get much more property for the money. This much land, with this type of location would cost you five times more in lake communities around Knoxville.
Tennessee, which has NO State Income Tax and four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! No hurricanes, no ice storms, no alligators or pythons, and little history of tornadoes and flooding in this area of East Tennessee. Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its renowned fishing, boating, and recreation activities by owning your dream property at a premier Cherokee Lake community.
Live the Cherokee Lake Life!
The owners chose this spot to build their forever home. They applied for a septic system permit with the State of Tennessee and received it. They hired a crew to clear the land of all brush and tree growth and prepare the lot for building. Photos displayed show the amount of growth that was on the lot before clearing. A second photo shows the result once the land was cleared. In other words, they have spent thousands of dollars to do what needs to be done before breaking ground. Their loss will be the new owners' gain. But, in life, as we all know, stuff happens, and plans change. So, this family's loss can be your gain. They sincerely hope that the family that settles on this parcel of land will enjoy it as much as they would have.
Lot 138, at .78 of an acre, is a large parcel of land for this community and totally cleared. Clearing and removing all the debris created by the fallen trees, and brush, on a lot of this size, costs thousands of dollars. If you've ever had a large tree taken down, you know exactly what we are referring to. This writer had ONE tree taken down in my backyard and it cost over $2,000. Which was the lowest estimate received. And receiving a septic system permit from the State will remove any doubt as to whether the land you are purchasing is suitable for building a home. Without a permit, you cannot build a home in Tennessee. Lot 138 is prepped, approved, and ready to build today!
The home site has enough elevation where the designed home will have wonderful views of Cherokee Lake. But, without the steepness that would create accessibility issues as you see with Norris or Douglas Lake lots. This lakeview property is not lakefront, but you can WALK across the street to Cherokee Lake. And within 9 miles you can find 8 boat launch sites and 5 marinas to keep your boat year-round. Cherokee Dam, with year-round facilities for unloading your boat, parking, grilling stations, a public beach, restrooms, pavilion, and campground is less than 9 miles. See accompanying photos. Grainger County Park with pavilions for family gatherings, walking trails, playgrounds, and boat ramp is less than 3 miles away. High-speed fiber internet, for those of us that work from home, and cable services are also available. And, get this, total property taxes are only $204 per year.
Located in historic Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital (a four-star nationally ranked health care provider), Walmart, Lowe's, and restaurants are within 15 miles. Knoxville, Tennessee's third largest city, is 37 miles. So, if you work in Knoxville, settle in Grainger County, where you pay lower property taxes and get much more property for the money. This much land, with this type of location would cost you five times more in lake communities around Knoxville.
Tennessee, which has NO State Income Tax and four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! No hurricanes, no ice storms, no alligators or pythons, and little history of tornadoes and flooding in this area of East Tennessee. Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its renowned fishing, boating, and recreation activities by owning your dream property at a premier Cherokee Lake community.
Live the Cherokee Lake Life!
Location
State TN
County Grainger
Community Mallard Bay
Direction Enter Mallard Baye, immediate left. Lot will be on the left, look for sign.
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available, Fiber Internet
Waterfront No
Building
Lot Description Cleared, Views
Others
Senior Community No
Tax ID 012.00
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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