Lot 12R Albert's Cove, Rutledge, TN 37861

$79,900
List Price
$79,900
MLS#
609191
Status
ACTIVE
Type
Land
City
Rutledge
County
Grainger

Property Description

How would you like to own a lot that slopes upwardly, just perfectly, providing views of Cherokee Lake and the Great Smoky Mountains? An ideal site for building a home. Not steep, but just right, allowing you to build above the surrounding land and by doing so achieving a fine view. Well, that is what you get with this lot. The lot is free of trees, ready to build, saving you the thousands it would cost to clear the land. And get this city water is available. No costly well to dig. Plus, high-speed internet fiber has also arrived. Work from home and not worry about slow internet speed. There are absolutely no HOA fees and low property taxes with this ownership. A better setting for your new home would be hard to find. This lot has now sold 3 times in the past two years. Every time for a higher price. It is now owned by a developer that will be building on it later this year. But until then he is listing if for sale. If it sells fine. If not fine, he will build a majestic home with a majestic view. And, even though he is obviously selling it for more than what he paid, it is still undervalued. Views like this, on a setting like this, don't come around very often. Located in Grainger County, with its scenic farmland but close to everything. Cherokee Dam, with year-round facilities for unloading your boat, grilling stations, a public beach, restrooms, pavilion, and campground is a 5-minute drive. Just 9 miles to Jefferson Memorial Hospital an award-winning four-star health care provider. Shopping? 10 miles from Walmart and Lowe's. And, if you want more things to do, Knoxville is a half hour drive. Pigeon Forge and Gatlinburg, less than an hour. Tennessee, a state with NO State Income Tax and 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 this slice of paradise

Additional Information

Acres
0.65
Lot Description
Cleared
Subdivision
Alberts Cove

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Calculator source: Real Geeks

Listing courtesy of Cherokee Lake Realty.