487 Peninsula Pointe

Rutledge, TN
$ 819,900 Beds 3 Baths 2 Sq 1,800
Monthly Estimate* How much can I afford?

Lake Living Made Easy Enjoy peaceful lake views from both the front and back porch of this charming 3-bedroom, 1,800 sq ft ranch-style home designed for relaxed, easy living. This one-level layout offers comfortable living spaces with a natural flow, perfect for everyday living or a weekend retreat. Large windows invite in natural light and frame the water views, creating a calm and welcoming atmosphere throughout. Even better -- living room and bedroom furniture remain with the home, making this an ideal turnkey opportunity for a full-time residence, vacation getaway, or investment property. Step onto either porch with your morning coffee or unwind in the evening while taking in the tranquil lake scenery. Whether you're entertaining guests or enjoying quiet time by the water, this home delivers the lifestyle buyers are looking for.

Active

  • Price
  • $ 819,900
  • City
  • Rutledge
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Grainger
  • Half Bathrooms
  • 0
  • Area
  • Grainger County
  • Lot Size
  • 0.91 Acres
  • Zip
  • 37861
  • Sqr Footage
  • 1,800
  • Year Built
  • 2022
  • Taxes
  • $ 1851
  • Style
  • Traditional
  • MLS#
  • 1330463
Listed By: Billy Houston Group, Realty Executives
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank,Perc Test On File
Heating Central,Propane,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Microwave,Refrigerator,Self Cleaning Oven
Garage Spaces 2
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Fiber Cement,Frame,Brick
Year Built 2022
View Mountain View,Country Setting,Lake
Property Subtype Single Family Residence
County Grainger County - 45
Property Type Single Family
Attached Garage true
Subdivision Name Penensulia Pointe
Total Rooms 8
Full Baths 2
Status Active
Directions Rutledge Pike to right on Rocky Branch Rd to right onto TN-375 S to left into Penensulia Pointe Subdivision to home on the left. SOP
City Rutledge
MLS Area Grainger County - 45
Lot Size Units Acres
Lot Size Square Feet 39639.6
Property Attached Y/N false
MLS Area Minor Grainger County - 45
Structure Type Ranch
Standard Status Active
New Financing Cash true
New Financing Coventional true

Interior Features

Interior Amenities Walk-In Closet(s),Breakfast Bar,Eat-in Kitchen
Basement Crawl Space
Flooring Vinyl
Total Fireplaces 1
Fireplace Features Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Insulated
Fireplace Y/N true
Total Bedrooms 3
Total Baths 2
Other_sp_Rooms_co_Great_sp_Room true

Exterior Features

Exterior Amenities Prof Landscaped,Dock
Parking Features Attached,Main Level
Lot Features Waterfront,Level
Water Source Public
Lot Size Area 0.91
Building Area Total 1800
Lot Size Acres 0.91
Frontage Type Lakefront
Lot Size Source Tax Records

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/24/2026 Listed $849,900
8/17/2026 4% - $819,900

Property vs Zip Code Average in 37861

Price
AVG $570K
$820K
Taxes
AVG $1,271
$1,851
Year Built
AVG 2005
2022

487 Peninsula Pointe Rutledge, TN is a Single Family Home for sale at $819900 with 1800 sqft and a lot size of 0.91 Acres Acre(s). 487 Peninsula Pointe Rutledge has 3 bedrooms, 2 baths and was built in 2022. The property's zip code is 37861 which is in Rutledge, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.