248 Alberts Cove
Closed 2/22/24
Closed 2/22/24
Description
Brand new home construction, final touches are being done but the home is now ready to move in! It sits like a castle, overlooking Cherokee Lake and the Great Smoky Mountains, with miles and miles of views! Check out the drone aerial photos that were taken during the construction phase. This home was designed, planned, and scheduled to be completed earlier this year. The listing price was then set at $745,000. With building costs reaching an all-time high, supply line delays, and the uncertainty...Brand new home construction, final touches are being done but the home is now ready to move in! It sits like a castle, overlooking Cherokee Lake and the Great Smoky Mountains, with miles and miles of views! Check out the drone aerial photos that were taken during the construction phase. This home was designed, planned, and scheduled to be completed earlier this year. The listing price was then set at $745,000. With building costs reaching an all-time high, supply line delays, and the uncertainty of how much higher costs would go up during the construction phase, completion was put on hold. Now the house is completed, and because of the savings achieved with the reduced costs, the home is now listed at $649,900. Two original design ideas were removed which contributed to the lower sales price as well. The installation of an underground propane tank, gas lines, and the installation of gas appliances and a fireplace were eliminated from the finished product. A modern farmhouse style with Tennessee stone accentuating the exterior lower walls. The home is constructed on poured solid concrete walls. This house is built like a tank, the walls are at least ten inches thick, twelve inches in some sections. Just under 3,000 sq ft of living space, on the main level and in the fully finished basement. Lots and lots of windows to bring in the views, both on the main level and in the basement. Views of Cherokee Lake and the mountains from every room. Nine-foot ceilings, engineered hardwood, luxury vinyl plank, and tile floors throughout the house. White cabinets with easy close drawers and upgraded four-inch overhang granite countertops. Unique burnt white oak barrel ceiling over the dining area. Zero-entry custom shower. 2-car garage with a concrete driveway. A wraparound covered deck, with black walnut posts and poplar ceilings, to enjoy lake views from every angle. And... a second fully equipped kitchen in the basement for family and guests. No mini kitchen with this home. Granite counter tops, white cabinets, and a full-size appliance package (including a second dishwasher) are all part of this second kitchen. The home site offers it all: public water, high-speed fiber internet, a dead-end road providing little road traffic and privacy, and get this - NO HOA! None. 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. See accompanying photos. Just 9 miles to 4-star rated Jefferson Memorial Hospital. Shopping? Yep. 10 miles from Walmart and Lowe's. It checks all the boxes! Move to the Cherokee Lake area of Tennessee. No devastating hurricanes, flooding, tornadoes, blizzards, sharks, alligators, or pythons in this part of the country to fear. When there is 4 feet of snow on the ground up north and west, the ground is barely moist here! 4 full mild seasons within an 8-hour drive of 20 neighboring states and the Great Smoky Mountains in its backyard! Knoxville is a half hour drive. Pigeon Forge is 41 miles. And NO state income tax & low property taxes! When gas hit $7 in California, it was half that in East TN! Live the Cherokee Lake Life!
- Listed by Felix Valdes • Cherokee Lake Realty
Property Details for 248 Alberts Cove
Architectural Style
Craftsman, Contemporary
Sub division NameAlberts Cove
ViewMountain View, Country Setting, Wooded, Lake
Style ContemporaryTrue
Style CraftsmanTrue
LISTING CLOSED: 02/22/2024 12:00 AM
Property Details for 248 Alberts Cove
| Status | Closed |
|---|---|
| MLS # | 1248538 |
| Days on Market | 14 |
| Taxes | $1,000 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Single Family / Residential |
| Year Built | 2023 |
| Lot Size | 0.65 AC / 28,314 SF |
| County | Grainger County |
Location
Listing Courtesy of Cherokee Lake Realty, Felix Valdes
Sold By Keller Williams, Mark Day (918.724.5829)
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Building Information for 248 Alberts Cove
Stories-Year Built2023Building Size-Lot Size0.65 AC / 28,314 SF
Payment Calculator
$3,297 per month
30 year fixed, 6.36% Interest
Principal and Interest
$3,214
Property Taxes
$83
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 248 Alberts Cove
Summary
Location and General Information
- City: Rutledge
- County Or Parish: Grainger County - 45
- Directions: Off Lakeshore Drive turn on Alberts Cove. Home will be on right.
- Latitude: 36.188694
- Longitude: -83.481783
- MLS Area Major: Grainger County - 45
- MLS Area Minor: Grainger County - 45
- Postal Code: 37861
- State Or Province: TN
- View Country Setting: True
- View Mountain View: True
- View Wooded: True
- Location Tax Legal Info Area: Grainger County - 45
- Remarks Misc Directions: Off Lakeshore Drive turn on Alberts Cove. Home will be on right.
- Amenities Available Lake: true
Parking
- Attached Garage: Yes
- Parking Features: Garage Door Opener, Other, Attached, Main Level
- Atchd Dtchd Type Detached: True
- Garage Parking Attached: True
- Garage Parking Garage Door Opener: True
- Garage Parking Main Level: True
- Garage Parking Garage Spaces: 2.0
Taxes and HOA Information
- Association Fee: 0.0
- Association: false
- Parcel Number: 083P A 012.00
- Location Tax Legal Info Total Tax: 1000.0
- General Property Description HOA Fee: 0.0
- General Property Description HOA: No
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.65
- Lot Size Units: Acres
- Lot Size Square Feet: 28314.0
- Year Built: 2023
- Lot Features: Corner Lot
- Building Area Total: 2880.0
- Living Area Source: Owner
- Lot Size Acres: 0.65
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 1440.0
- General Property Description SqFt - Down Lvl: 1440.0
- General Property Description SqFt - 2nd Flr Lvl: 0.0
- General Property Description SqFt - 3rd Flr Lvl: 0.0
- General Property Description SqFt - Source: Owner
- General Property Description Acres: 0.65
- General Property Description Acre Source: Tax Records
- General Property Description Site Built: Yes
- General Property Description New Construction: Under Construction
- Lot Description Corner Lot: True
- Lot Description Other: True
Property and Assessments
- Possession: At Closing
- Sign On Property: Yes
- Property Attached: No
- Property Type Label: Single Family
- Floor Plans Count: 0
- Property Type: Single Family
- Property Sub Type: Residential
- Possession At Closing: True
Utilities
- General Property Description Sewer: Septic Tank
- Fuel Electric: True
- Misc Features Internet Available: True
- Sewer Septic Tank: True
- Water Public: True
Interior and Exterior Features
Exterior Features
- Exterior Features: Window - Energy Star, Windows - Insulated, Porch - Covered, Deck, Cable Available (TV Only), Doors - Energy Star
- Construction Materials: Stone, Vinyl, Frame, Brick
- Siding Stone: True
- Siding Vinyl: True
- Exterior Features Cable Available (TV Only): True
- Exterior Features Deck: True
- Exterior Features Doors - Energy Star: True
- Exterior Features Porch - Covered: True
- Exterior Features Window - Energy Star: True
- Exterior Features Windows - Insulated: True
Interior Features
- Beds Total: 3
- Baths Full: 2
- Baths Half: 1
- Fireplaces Total: 0
- Fireplace: No
- Bathrooms Total Integer: 3
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
- Fireplace Features: None
- Flooring: Hardwood, Vinyl, Tile
- Heating: Yes
- Fireplace None: True
- Cooling Ceiling Fan(s): True
- Cooling Central Cooling: True
- Floors Hardwood: True
- Floors Tile: True
- Floors Vinyl: True
- Basement Finished: True
- Basement Plumbed: True
- Basement Slab: True
- Basement Walkout: True
- Basement Other: True
- General Property Description Number of Bedrooms: 3
- General Property Description Number of Rooms: 15
- General Property Description Fireplace: No
- General Property Description Number of Fireplace: 0.0
- General Property Description Basement: Yes
- General Property Description Bonus Room: No
- Heat Central: True
- Heat - Heat Pump: True
- Dining Area Eat-in Kitchen: True
- Dining Area KitchenDining Rm Co: True
- Appliances Dishwasher: True
- Appliances Microwave: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Self Cleaning Oven: True
- Appliances Smoke Detector: True
- Appliances Other: True
- Other Rooms Addl Living Quarter: True
- Other Rooms Great Room: True
- Other Rooms Laundry Utility: True
- Other Rooms Mstr Bdrm Main Level: True
- Misc Features Cathedral Ceiling: True
- Misc Features Trey Ceiling: True
- Misc Features Walk-in Closets: True
- Misc Features Walk-in Shower: True
- Misc Features WasherDryer Connect: True
Room Information
Room
- Rooms Total: 15
Room 1
- RoomType: Bathroom
Room 2
- Room Type: Bathroom
Room 3
- Room Type: Bedroom 2
Room 4
- Room Type: Bedroom 3
Room 5
- Room Type: Bonus Room
Room 6
- Room Type: Eat In Breakfast Area
Room 7
- Room Type: Garage
Room 8
- Room Type: Great Room
Room 9
- Room Type: Kitchen
Room 10
- Room Type: Kitchen
Room 11
- Room Type: Master Bedroom
Room 12
- Room Type: Utility Room
Room 13
- Room Type: Eat In Breakfast Area
Room 14
- Room Type: Other
Rental
Rent Information
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
- Tenant Expenses Heating: Central,Heat Pump,Electric
Property History for 248 Alberts Cove
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 22, 2024 | Closed (Public Record) Public Record #1528229399 | $645,000 | +486.4% / yr |
| Feb 22, 2024 | Closed KAARMLS #1248538 | $645,000 | — |
| Jan 5, 2024 | Contract - Not Showing KAARMLS #1248538 | — | |
| Dec 22, 2023 | Withdrawn KAARMLS #1213731 | — | |
| Dec 22, 2023 | Listed (Active) KAARMLS #1248538 | $649,900 | — |
| Aug 8, 2023 | Temporarily Off Market KAARMLS #1213731 | — | |
| Jun 3, 2023 | Price Change KAARMLS #1213731 | $744,900 | — |
| Dec 15, 2022 | Listed (Active) KAARMLS #1213731 | $734,900 | — |
| Jul 20, 2022 | Closed (Public Record) Public Record #1494494450 | $38,500 | +15.2% / yr |
| Jan 6, 2021 | Closed (Public Record) Public Record #687056613 | $31,000 | -1.0% / yr |
| May 27, 2005 | Closed (Public Record) Public Record #464752817 | $36,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/22/2024 | Closed (Public Record) Public Record #1528229399 | $645,000 +486.4% / yr |
| 02/22/2024 | Closed KAARMLS #1248538 | $645,000 |
| 01/05/2024 | Contract - Not Showing KAARMLS #1248538 | — |
| 12/22/2023 | Withdrawn KAARMLS #1213731 | — |
| 12/22/2023 | Listed (Active) KAARMLS #1248538 | $649,900 |
| 08/08/2023 | Temporarily Off Market KAARMLS #1213731 | — |
| 06/03/2023 | Price Change KAARMLS #1213731 | $744,900 |
| 12/15/2022 | Listed (Active) KAARMLS #1213731 | $734,900 |
| 07/20/2022 | Closed (Public Record) Public Record #1494494450 | $38,500 +15.2% / yr |
| 01/06/2021 | Closed (Public Record) Public Record #687056613 | $31,000 -1.0% / yr |
| 05/27/2005 | Closed (Public Record) Public Record #464752817 | $36,500 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 248 Alberts Cove
Taxable ValueLand$6,950Additions$67,600Total$74,550
Tax Record2025$1,752 ($146 / month)
Home Facts
Beds0Total Finished SqFt4,320 SqFtAbove Grade Finished SqFt2,880 SqFtFinished Basement SqFt1,440 SqFtStories1Lot Size28,314 SqFtStyleSingle Family ResidenceYear Built2022CountyGRAINGERAPN083P A 01200
Schools near 248 Alberts Cove
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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| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
$80,000 | – | – | – | 1.3 | |
$65,000 | – | 1 | 1,200 | 0.93 | |
– | – | 2 | 1,456 | 1.1 | |
$625,000 | 3 | 3 | 3,336 | 2.5 | |
– | – | 4 | 1,833 | 2.72 | |
$145,000 | – | 2 | 1,500 | 0.56 | |
– | – | 3 | 1,985 | 1.9 | |
$16,000 | – | 3 | 1,500 | 37.06 | |
– | – | 2 | 1,780 | 2.12 | |
$303,000 | – | 2 | 1,440 | 0.57 | |
$115,000 | – | – | – | 2.8 | |
$31,000 | – | – | – | 0.64 | |
– | – | 2 | 1,401 | 1 | |
$80,000 | – | – | – | 1.3 | |
– | – | 1.5 | 3,055 | 0.75 |
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Listing Courtesy of Cherokee Lake Realty, Felix Valdes
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 02/23/2024 06:15 AM