Closed
Last Sold Price
$925,000
3 beds1,936 sqft

140 Baye Rd, Rutledge, TN 37861

Description

NEW construction at Cherokee Lake! Completion scheduled in time for Thanksgiving. Looking for a home that is lake front? Check! Dockable? Check! Extremely level and accessible? Check! The home is at the mouth of a Cherokee Lake cove with 111 feet of seasonal lakefront access. Since it is at the mouth of a lake cove you will typically have water lapping your backyard from spring to fall. You can also have a boat dock on this lot. What does that mean? On a lot of TVA controlled lakefronts, Cherokee...NEW construction at Cherokee Lake! Completion scheduled in time for Thanksgiving. Looking for a home that is lake front? Check! Dockable? Check! Extremely level and accessible? Check! The home is at the mouth of a Cherokee Lake cove with 111 feet of seasonal lakefront access. Since it is at the mouth of a lake cove you will typically have water lapping your backyard from spring to fall. You can also have a boat dock on this lot. What does that mean? On a lot of TVA controlled lakefronts, Cherokee Lake included, TVA will not grant you a permit to build a dock. Here you can. A beautiful modern farmhouse style design with board and batten Hardi board siding, accented with stacked stone throughout the home's exterior. Hardi siding is made of a composite of cement, sand, and cellulose fibers and can resist fire, pests, and rot. At 1,960 square feet on the main level, the plan is a great size for any family. PLUS, there is also over 1,900 square feet of a walk-out basement. The basement has nine-foot walls and an abundance of windows with its own entry door. The basement is unfinished but has already been plumbed for an extra bathroom. If you choose, you can have it fully completed for an additional fee, or complete part of it, or do it later. Or choose to do what a lot of families have done, leave it as is. Use it as a low maintenance recreation space, work area, or as a space for ample storage. Your call. Add all this square footage up and you're looking at just under 4,000 square feet of living space. Just inside the home, you'll walk into a large great room that is warmed by an electric fireplace. No gas fumes or logs to stain the walls and ceilings. There is an abundance of windows throughout the entire house, and the cathedral ceilings with can lights add to the openness. The kitchen flows seamlessly with the great room and dining room in the open layout. The kitchen includes a walk-in pantry and a large island with built-in shelves. Upgraded granite countertops with thick 4-inch overhangs, and tall white cabinets with soft close drawers complete the design. The main bedroom suite includes his/her vanities and a large custom tiled zero-entry shower. Bedrooms 2 and 3 share a centrally located hall bathroom. The rear of the home features a large covered rear deck area, with Trex-style flooring, vinyl deck rails, and views of Cherokee Lake. Please note that the floor plan pictured includes a double staircase leading to a loft over the garage. This home will not have a loft; therefore, a double staircase will not be present, adding more open living space. The house has a poured, solid wall foundation, no block construction as is typical in this area. When using blocks, it's only a matter of time before the mortar joints crack. This home is solidly built, it isn't going anywhere! Public city water is onsite, not on a well system. High-speed fiber internet allows you to work at home with no delays. This home not only adds up to quality construction but practicality throughout! Phase I of the construction is taking place now. When Phase II is ongoing, there will be a $5,000 price increase. At Phase III another $5,000 price increase. And, when the home is completed, Phase IV, there will be a final $5,000 increase. If you purchase the home during Phase I or II, you will not only have a savings on the sales price, but you can also select interior wall colors, granite colors, and some other options. Located in historic Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital and Walmart are within 15 miles. Knoxville, Tennessee's third largest city, is 37 miles. Move to the Cherokee Lake area. No devastating hurricanes, flooding, tornadoes, blizzards, sharks, alligators, or pythons in this part of the country to fear and deal with. When there is 4 feet of snow on the ground up north, the ground is barely moist here! 4 full mild seasons within an 8-hour drive of 20 neighboring states! When gas hit $7 in California, it was half that in East TN! And Tennessee has NO state income tax & LOW property taxes! This home and site check all the boxes. Live the Cherokee Lake Life!
Single FamilyProperty Type
0.82 acresLot Size
2024Year Built
$478/sq ftPrice per sq ft
$100/yrHOA Fees
2 carsParking Spaces
  • Listed by: Felix Valdes 865.471.8222 Felix@cherokeelakerealty.com • Cherokee Lake Realty
Listing closed: 12/05/2024 01:00 AM
Source: Lakeway Area AOR, MLS#: 703968
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Recent comparable sales

Median sold price

$400,000

Avg days on market

133

Sale-to-list ratio

94.8%

Rutledge, TN

9 comparable properties found

$710,000 | 460 Peninsula Pointe, Rutledge, TN 37861
1/48
1

$710,000

Sold 08/15/25

3
Bedrooms
1,684
Square Feet
1.35
Acres
$367,000 | 235 Chippewa Lane, Rutledge, TN 37861
1/45
2

$367,000

Sold 04/13/26

3
Bedrooms
1,724
Square Feet
0.49
Acres
$470,000 | 284 Woodstock Drive, Rutledge, TN 37861
1/45
3

$470,000

Sold 04/02/26

3
Bedrooms
1,982
Square Feet
0.58
Acres
a front view of a house with a yard
1/50
4

$465,000

Sold 06/02/25

3
Bedrooms
2,160
Square Feet
0.49
Acres
$375,000 | 134 Pocahontas Lane, Rutledge, TN 37861
1/44
5

$375,000

Sold 10/16/26

3
Bedrooms
1,700
Square Feet
0.58
Acres
$400,000 | 3711 Rocky Branch Road, Rutledge, TN 37861
1/46
6

$400,000

Sold 11/02/26

3
Bedrooms
1,666
Square Feet
0.83
Acres
$389,900 | 229 Chippewa Lane, Rutledge, TN 37861
1/25
7

$389,900

Sold 01/31/25

3
Bedrooms
1,630
Square Feet
0.53
Acres
$350,000 | 146 Eva Lane, Rutledge, TN 37861
1/43
8

$350,000

Sold 10/16/26

3
Bedrooms
1,587
Square Feet
0.65
Acres
$575,000 | 355 Pheasant View, Rutledge, TN 37861
1/43
9

$575,000

Sold 03/26/26

3
Bedrooms
2,341
Square Feet
0.56
Acres

Location

Add your commute
Property Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,968 per month

Principal and Interest

$4,938

Property Taxes

$22

HOA Dues

$8

The Payment Calculator is for illustrative purposes only.
Get prequalified

Property information

140 Baye Road

Property Details

  • Taxes: $259 / year
  • MLS Type: Residential / Single Family Residence
  • County: Grainger County
  • Architectural Style: Craftsman
  • Subdivision Name: Mallard Bay
  • Has View: Yes
  • View: Lake, Panoramic
  • Waterfront Features: Lake Front, Lake
  • Has Waterfront: Yes

Building Information

  • Year Built: 2024
  • Lot Size: 0.82 AC / 35,719 SF

Summary

Location and General Information

  • Directions: Off Lakeshore Drive, etner Mallard Baye and make an immediate left. Home will be past the curve on right.
  • Latitude: 36.235581
  • Longitude: -83.443541
  • Water Body Name: Cherokee Lake

Taxes and HOA

  • Association Fee: $100.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Association: Yes
  • Association Fee Monthly: $8.33
  • Parcel Number: 002.00
  • Tax Annual Amount: $259.00
  • Tax Map Number: 069M
  • Tax Year: 2023

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, Garage

Property

Lot Information

  • Frontage Type: Lakefront
  • Lot Features: Back Yard, Cleared, Front Yard, Landscaped, Level, Views, Waterfront
  • Lot Size Acres: 0.82
  • Lot Size Area: 0.82
  • Lot Size Dimensions: 189/157/112/314
  • Lot Size Square Feet: 35719.2
  • Lot Size Units: Acres
  • Road Frontage Type: County Road
  • Road Surface Type: Paved

Property and Assessments

  • Above Grade Finished Area: 1936.0
  • Below Grade Unfinished Area: 1936.0
  • Building Area Total: 3872.0
  • Development Status: Under Construction
  • Living Area: 1936.0
  • New Construction: Yes
  • Property Condition: Under Construction, New Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2024

Building Features

  • Structure Type: House
  • Construction Materials: Board & Batten Siding, Concrete, Hardi Plank Type, Stone
  • Foundation Details: Concrete Perimeter, Permanent, Slab
  • Roof: Shingle

Utilities

  • Electric: 220 Volts in Laundry, Circuit Breakers
  • Property Power Voltage: 220
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Water Available
  • Water Source: Public

Interior and Exterior Features

Exterior Features

  • Association Amenities: Laundry, Maintenance Grounds, Maintenance Structure
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, ENERGY STAR Qualified Appliances, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood
  • Basement: Bath/Stubbed, Concrete, Daylight, Exterior Entry, Interior Entry, Unfinished, Walk-Out Access, Walk-Up Access
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
  • Has Fireplace: Yes
  • Total Fireplaces: 1
  • Fireplace Features: Electric, Living Room
  • Flooring: Ceramic Tile, Hardwood
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Rooms: 15
  • Water Heater: Electric
  • Window Features: Insulated Windows

Room Information

Room 1

  • Type: Master Bedroom
  • Level: Main

Room 2

  • Type: Master Bathroom
  • Level: Main

Room 3

  • Type: Basement
  • Level: Basement

Room 4

  • Type: Kitchen
  • Level: Main

Room 5

  • Type: Living Room
  • Level: Main

Room 6

  • Type: Laundry
  • Level: Main

Property History

140 Baye Road

DateEventPrice
Dec 5, 2024

Closed (Public Record)

Public Record #1546820088

$925,000
Dec 5, 2024

Closed

Lakeway Area AOR #703968

$925,000
Jul 5, 2024

Contract - Not Showing

Lakeway Area AOR #703968

—
DateEventPrice
12/05/2024

Closed (Public Record)

Public Record #1546820088

$925,000

+627.8% / yr

12/05/2024

Closed

Lakeway Area AOR #703968

$925,000
07/05/2024

Contract - Not Showing

Lakeway Area AOR #703968

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

140 Baye Road

Beds

0

Total Finished SqFt

3,636 SqFt

Above Grade Finished SqFt

2,208 SqFt

Finished Basement SqFt

1,428 SqFt

Stories

1

Lot Size

35,719 SqFt

Schools

Near 140 Baye Road

This home is within Grainger County School District.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Similar Homes

New listings in 37861

$299,000 | 1151 Wa Ni Village Road, Rutledge, TN 37861
1/15
New

$299,000

3
Bedrooms
1,792
Square Feet
0.52
Acres
$385,000 | 128 Neal Drive, Unit 128, Rutledge, TN 37861
1/9

$385,000

3
Bedrooms
1,563
Square Feet
0.78
Acres
$774,900 | 796 Holston Shores Drive, Rutledge, TN 37861
1/54

$774,900

4
Bedrooms
3,078
Square Feet
1.58
Acres
$219,000 | 1720 Jackson Road, Rutledge, TN 37861
1/42
Active Under Contract

$219,000

4
Bedrooms
1,512
Square Feet
1.2
Acres
a view of outdoor space and yard
1/49

$499,000

3
Bedrooms
1,880
Square Feet
1.09
Acres
$275,000 | 130 Walnut Lane, Rutledge, TN 37861
1/38

$275,000

2
Bedrooms
1,249
Square Feet
2.3
Acres
$165,000 | 1338 Central Point Road, Rutledge, TN 37861
1/43

$165,000

4
Bedrooms
2,048
Square Feet
0.42
Acres
a front view of a house with garden
1/26

$600,000

2
Bedrooms
1,734
Square Feet
0.36
Acres
a view of a house with yard and sitting area
1/20

$450,000

2
Bedrooms
1,720
Square Feet
0.46
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 140 Baye Road, Rutledge, TN 37861
$925,000
3
1,936
35,719
$25,900
–
–
–
31,363
$45,000
–
–
–
48,351
$45,500
–
–
–
42,253
$49,000
–
–
–
82,764
$49,900
–
–
–
36,590

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Cherokee Lake Realty, Felix Valdes (865.471.8222)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lakeway Area Association of REALTORS®. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Lakeway Area Association of REALTORS®. All Rights Reserved.