465 Mallard Baye, Rutledge, TN 37861

$699,000
3
BD
3
BA
3,837
SqFt
List Price
$699,000
MLS#
604441
Status
PENDING
Type
Single Family Residential
City
Rutledge
County
Grainger
Bedrooms
3
Bathrooms
3
Baths Half
1
Baths Full
2
Living Area
3,837
Year Built
1993

Property Description

Do you, like most of us, view and binge on those home makeover shows? Those fixer-upper shows that show a home that has been turned from an ugly duckling into a beautiful swan? Well, here is a rare opportunity to purchase one of these makeover homes after it has become that beautiful swan! Built in 1993, the home is receiving a complete make-over by the top construction firm in the area. Because of this, current interior photos are not being displayed. These will be displayed as the home is remodeled. New exterior siding, garage doors, landscaping overhaul, driveway refurbishing, and a complete dock makeover. By the way, all this is just for the exterior of the home. Inside, walls are coming down and the floor plan is being opened up. New floors, tile, paint, counter tops, cabinets, and appliances. You get the picture. A total make-over. Now, here is what doesn't have to be changed. The land. 1.21 acres of lakefront property. Most parcels in this community are considerably less than an acre. Not this one. Look at the aerial photos and see how the backyard dominates the surrounding homes. Large enough to add a swimming pool, gazebo, workshop, if you choose. You get the idea. The property is perfectly angled towards the main channel of Cherokee Lake. So, you have year-round views of the water. And, as mentioned, it is dock-friendly, unlike some lakefront properties on TVA lakes that are not permitted to have a dock. Hospitals & Walmart are less than 15 miles. Restaurants, malls, theaters, schools, and retail shops are nearby. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. Four full, mild seasons, within a day's drive of most of the nation, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its world-renowned fishing, boating, and recreation activities by owning at a premier Cherokee Lake community. Live the Cherokee Lake Life!

Additional Information

Acres
1.21
Appliances
Washer Connection, Dryer-Electric, Electric Range/Oven, Refrigerator, Electric Smooth Top, Dishwasher, Dryer Connection-Electric, Microwave, Washer
Basement
Yes
Cooling
Electric, Heat Pump
Exterior Features
Boat Dock, Cable TV
Living Area
3,837
Lot Description
Mountain View, Lake Access, Zoned, Lake Front, Lake View, Restricted, Main Channel
Style
Contemporary, Traditional
Subdivision
Mallard Bay
Year Built
1993
Subdivision
Mallard Bay
Heating
Heat Pump
Master Bedroom Level
Main
Fireplaces
1
Hoa
Yes
Water
Well
Sewer
Septic System

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cherokee Lake Realty.