Sold
Last Sold Price
3 beds1,440 sqft
168 Water Way Dr, Rutledge, TN 37861
Single FamilyProperty Type
0.72 acresLot Size
2023Year Built
$224/sq ftPrice per sq ft
2 carsParking Spaces

Description

Brand new construction underway! This 1 level, 3BR, 2BA, 2 car garage (fiber optic available), with a seasonal Cherokee Lake view will be one of the most solid built homes you'll ever find and loaded with efficiency, comfort, and an open floor plan with split bedrooms. This home is being QUALITY BUILT with the General Contractor on site and working during construction. Located only 4 miles from a public boat launch, less than 4 miles to 2 marinas/boat launch and only 20 minutes to Jefferson City...Brand new construction underway! This 1 level, 3BR, 2BA, 2 car garage (fiber optic available), with a seasonal Cherokee Lake view will be one of the most solid built homes you'll ever find and loaded with efficiency, comfort, and an open floor plan with split bedrooms. This home is being QUALITY BUILT with the General Contractor on site and working during construction. Located only 4 miles from a public boat launch, less than 4 miles to 2 marinas/boat launch and only 20 minutes to Jefferson City where you will find all the necessities you will need. If you desire a bigger town to shop, Morristown is only 18 miles away and roughly 26 minutes. Some pictures shown are of a replica model, and this home will be flipped and with additional living space added in the living area. Some finishing details may be possible given enough time is given and within reasonable budget for the home. New Construction pictures are of the actual home. More pictures and details to be added as the progress continues.
  • Listed by: Rodney Pratt • Franklin Realty Inc
Listing closed: 01/10/2024 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3536895

Recent comparable sales

Median sold price

$356,000

Avg days on market

38

Sale-to-list ratio

98.5%

Rutledge, TN

9 comparable properties found

$356,000 | 174 Water Way Drive, Rutledge, TN 37861
1/20
1

$356,000

Sold 01/28/25

3
Bedrooms
1,500
Square Feet
0.84
Acres
a view of a house with wooden deck and furniture
1/39
2

$340,000

Sold 02/28/25

3
Bedrooms
1,500
Square Feet
0.58
Acres
$369,000 | 199 Chippewa Lane, Rutledge, TN 37861
1/45
3

$369,000

Sold 06/22/26

3
Bedrooms
1,525
Square Feet
0.49
Acres
$390,000 | 241 Chippewa Lane, Rutledge, TN 37861
1/50
4

$390,000

Sold 07/27/26

3
Bedrooms
1,527
Square Feet
0.49
Acres
$389,900 | 229 Chippewa Lane, Rutledge, TN 37861
1/25
5

$389,900

Sold 01/31/25

3
Bedrooms
1,630
Square Feet
0.53
Acres
$348,400 | 7288 Lakeshore Drive, Rutledge, TN 37861
1/57
6

$348,400

Sold 07/15/26

3
Bedrooms
1,680
Square Feet
0.76
Acres
$225,000 | 122 Roberts Ridge, Rutledge, TN 37861
1/34
7

$225,000

Sold 05/06/25

3
Bedrooms
1,350
Square Feet
0.28
Acres
$367,000 | 235 Chippewa Lane, Rutledge, TN 37861
1/45
8

$367,000

Sold 04/13/26

3
Bedrooms
1,724
Square Feet
0.49
Acres
9

$195,000

Sold 05/15/25

3
Bedrooms
1,344
Square Feet
0.28
Acres

Location

Listing Courtesy of Franklin Realty Inc, Rodney Pratt

Sold By Franklin Realty Inc, Rodney Pratt

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Property Information for 168 Water Way Drive

Property Details
  • Taxes: $2,022 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Traditional
  • Subdivision Name: Water Way Gardens
  • View: Lake
  • Waterfront: No
Building Information
  • Stories: 1
  • Year Built: 2023
  • Lot Size: 0.72 AC / 31,363 SF
Summary
Location and General Information
  • Directions: From Jefferson City, take Highway 92 to a right on Highway 375 (Lakeshore Dr) to a left on to Water Way Dr. Home is the 1st one on the right side.
  • Levels: One
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
  • Topography: Other,Corner Lot,Rolling Slope
Parking
  • Garage Spaces: 2.00
  • Parking Features: Attached
  • Parking Total: 2.00
Taxes and HOA Information
  • Tax Lot: 1
Property
Building Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Units: Square Feet
  • Flooring: Wood, Laminate, Other, Tile
Green Features
  • Green Energy Efficient: Windows
Lot Information
  • Lot Features: Other, Corner Lot, Rolling Slope
  • Lot Size Source: Survey
  • Lot Size Units: Acres
  • Parcel Number: 070 01103 000
  • Lot Size Area: 0.72
Property and Assessments
  • Construction Materials: Stone, Vinyl Siding, Other
  • Documents Count: 5
  • New Construction: Yes
  • Possession: Close Of Escrow
  • Property Attached: No
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Stories: 1
  • Year Built Details: New
Utilities
  • Basement: Crawl Space
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Microwave, Range, Oven
  • Fireplace Features: Other, None
  • Fireplaces Total: 0
  • Fireplace: No
  • Interior Features: Walk-In Closet(s), Ceiling Fan(s), Kitchen Island
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
Bedroom Information
  • Main Level Beds: 3
Exterior Features
  • Attached Garage: Yes
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Patio And Porch Features: Porch, Covered
  • Pool Private: No
  • View YN: Yes
Room Information
Room 1
  • Room Features: Walk-In Closet(s)
  • Room Type: Bedroom 1
Room 2
  • Room Type: Kitchen

Property History for 168 Water Way Drive

DateEvent & SourcePriceAppreciation
Jan 10, 2024

Closed

REALTRACS #3536895

$322,531
Jan 10, 2024

Closed

KAARMLS #1236072

$322,531
Oct 5, 2023

Contract - Not Showing

REALTRACS #3536895

DateEvent & SourcePrice
01/10/2024

Closed

REALTRACS #3536895

$322,531
01/10/2024

Closed

KAARMLS #1236072

$322,531
10/05/2023

Contract - Not Showing

REALTRACS #3536895

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

Public Records for 168 Water Way Drive

Taxable ValueLand$4,200Additions$43,875Total$48,075
Tax Record2025$1,130 ($94 / month)
Home Facts
Beds0Baths2.2Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories1Lot Size31,363 SqFtStyleSingle Family ResidenceYear Built2023Year Renovated2023CountyGRAINGERAPN070 01103

Schools near 168 Water Way Drive

This home is within Grainger County School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Rutledge Primary School
PublicPK to 1

Rutledge Elementary School
Public2 to 6

Rutledge Middle School
Public7 to 8

Grainger High School
Public9 to 12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 168 Water Way Drive, Rutledge, TN 37861
$322,531
3
1,440
31,363
$356,000
3
1,500
36,590
$30,000
67,082
$15,000
44,431
$30,000
67,082
$139,900
20,037

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.

Listing Courtesy of Franklin Realty Inc, Rodney Pratt

Based on information submitted to the MLS GRID as of 09/04/2026 05:50 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.