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0 Baths

$54,900

Lot 1 Lakeshore, Rutledge TN, 37861

Price per sqft$2.33
Lot size0.54 Acres
Property typeLand

Overview

Active

Listed Aug 3, 2026

Updated Aug 4

Owner financing available. Call for information on the terms. Rare opportunity to own a parcel of land with direct access to Lakeshore Drive. All the adjacent lots were sold years ago and have very nice homes built on them. Lot 1 was held by the developer to build a personal home but is now being made available. On one side of the lot is the private entrance to the gated Shiloh Springs Subdivision. A nice group of mature trees will provide shade and extreme privacy on that side. The building area of the land is cleared saving you the thousands of dollars it takes to clear a lot of this size. The short distance to Lakeshore Drive will also save you the cost of concrete when building a driveway. Plus, public water is available. This is huge as the current cost of building a well will run you $20,000 plus. When you take into consideration the savings on clearing the land, cost of a driveway, and well drilling when you get ready to build your home, this lot is a steal. Lakeshore Drive in one direction will take you to the city of Morristown. The other direction will take you to Jefferson City. Conveniently located to shopping and medical facilities in both cities. There are two Walmarts and two Lowe's within 18 miles. Hospitals? There are also two within 16 miles. Schools, shopping, golf courses, and dining are all close by. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. 4 full, mild seasons, and no destructive hurricanes, or flooding with this lot. You can have all this and have close access to Cherokee Lake, with its world-renowned fishing, boating, and recreation! Live the Cherokee Lake Life!

Additional information

MLS® ID
712446

Exterior Features

Lot Size
0.54 Acres

Other Property Details

Taxes
$110
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Felix Valdes with Cherokee Lake Realty
Listing Contact:  

The IDX display contains information sourced from the Lakeway Area Association of REALTORS® as of 8/4/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/4/2026 at 5:24 AM UTC

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