304 Masters Lane
Closed 11/30/23
Closed 11/30/23
Single FamilyProperty Type
0.8 acresLot Size
2022Year Built
$219/sq ftPrice per sq ft
2 carsParking Spaces
Description
New construction steps away from Cherokee Lake! Completion scheduled for August. Looking for a homesite that is level? No stairs? No HOA fees and low property taxes? Well, you just found it in historic Bean Station. In 1775, pioneers Daniel Boone and William Bean first observed what is now Bean Station during a long hunting excursion, as they traversed ''The Great Indian Warpath''. After fighting in the American Revolutionary War one year later, Bean was awarded 3,000 acres in the area he previously...New construction steps away from Cherokee Lake! Completion scheduled for August. Looking for a homesite that is level? No stairs? No HOA fees and low property taxes? Well, you just found it in historic Bean Station. In 1775, pioneers Daniel Boone and William Bean first observed what is now Bean Station during a long hunting excursion, as they traversed ''The Great Indian Warpath''. After fighting in the American Revolutionary War one year later, Bean was awarded 3,000 acres in the area he previously surveyed for settlement during his excursion with Boone, becoming Bean Station. Just off Highway 11W, once known as ''The Great Indian Warpath'', sits this home. In fact, the backyard faces the ''The Great Indian Warpath.'' There are 26 lots in this community, known as Galilee Shores. This home is on the 4th largest lot. The front yard faces Cherokee Lake. The property is not lakefront, but within minutes there are several marinas and public boat launching ramps. The backyard faces the mountains and a centuries-old farm with a cabin dating back to the days of Daniel Boone. The location is exceptional. Pull out of your driveway, left on 11W, and go straight into Knoxville. Go right instead and head to Kingsport. Even though the days of going on the ''warpath'' are no longer, it's nice to know you can take that path and go to do some stuff. Bean Station, one of the earliest settled communities in Tennessee, is today considered a popular lakeside community appealing to young families, retirees, and a commuter town for the city of Morristown. Hospitals, Walmart, Home Depot, Lowe's, schools, restaurants, theaters, and retail shops are all nearby. There is no HOA. Short-term rentals are fine. Can't use the property? Rent it out, make some money! There are no city property taxes to pay, just county taxes. Utilities are underground, public water and high-speed internet are on-site. As mentioned, the lot is a nice size, you have both a front and backyard, without the home sitting on the edge of the road. The site is as level as any that you will find in East Tennessee. The Farmhouse style architectural design is all one level. Don't let the front dormer fool you. It is there for looks only. There are no stairs to climb anywhere. None. Zilch. The entire floor plan is on one level. The 1,800 square feet of living area is all usable. The attached garage, with a side entry door, adds another 528 square feet. A total of 2,328 square feet of housing. Enter through the stone accented solid wood ''Yellowstone'' style front door and the arched beamed ceilings open floor plan immediately grabs your attention. Luxury Vinyl Plank flooring is throughout. LVP is one of the most durable flooring options out there. It can withstand moisture, as well as wear and tear. And if you have pets, it is more resistant to scratches than wood flooring. The kitchen includes white cabinets, quartz countertops, a center island, and a separate offset area for dining. Stainless steel appliance package, refrigerator, range/stove, microwave, and dishwasher will be added during the final phase of construction. French doors, with built-in blinds, lead to the covered porch and backyard. The main bedroom/bathroom features a custom walk-in tiled, pebbled shower, double vanities, and a large walk-in closet. Mirrors and closet clothes racks will be installed during the final construction phase. There are two additional bedrooms and an adjacent bathroom at the opposite end of the house. A separate laundry room is wired and plumbed for a full-size washer and dryer set. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. Four full, mild seasons, within an 8-hour drive of 20 neighboring states 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. Live the Cherokee Lake Life!
- Listed by: Felix Valdes • Cherokee Lake Realty
Listing closed: 11/30/2023 12:00 AM • Source: KAARMLS, MLS#: 1235963
Recent comparable sales
Median sold price
$475,000
Avg days on market
111
Sale-to-list ratio
94.5%
Bean Station, TN
9 comparable properties found
1/49
$650,000
Sold 07/31/26
- 3
- Bedrooms
- 2
- Bathrooms
- 2,196
- Square Feet
- 0.6
- Acres
1/54
$475,000
Sold 12/05/25
- 3
- Bedrooms
- 3
- Bathrooms
- 2,015
- Square Feet
- 0.48
- Acres
1/38
$577,500
Sold 10/23/24
- 3
- Bedrooms
- 3
- Bathrooms
- 2,520
- Square Feet
- 0.46
- Acres
1/36
$385,000
Sold 09/12/25
- 3
- Bedrooms
- 2
- Bathrooms
- 3,360
- Square Feet
- 3.52
- Acres
1/42
$429,900
Sold 03/26/26
- 4
- Bedrooms
- 2
- Bathrooms
- 1,904
- Square Feet
- 1.06
- Acres
1/44
$345,000
Sold 11/14/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,456
- Square Feet
- 0.68
- Acres
1/45
$475,000
Sold 04/17/26
- 3
- Bedrooms
- 2
- Bathrooms
- 2,268
- Square Feet
- 0.57
- Acres
1/52
$599,900
Sold 07/08/26
- 3
- Bedrooms
- 2
- Bathrooms
- 2,452
- Square Feet
- 1
- Acres
1/61
$526,000
Sold 07/29/26
- 3
- Bedrooms
- 2
- Bathrooms
- 3,559
- Square Feet
- 1.2
- Acres
Location
Listing Courtesy of Cherokee Lake Realty, Felix Valdes
Sold By Cherokee Lake Realty, Felix Valdes (865.471.8222)
Add your commute
Payment Calculator
$2,614 per month
30 year fixed, 6.55% Interest
Principal and Interest
$2,592
Property Taxes
$22
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 304 Masters Lane
Property Details
- Taxes: $259 / year
- MLS Type: Single Family / Residential
- County: Grainger County
- Architectural Style: Other
- Sub division Name: Galilee Shores
- View: Mountain View, Country Setting, Lake
- Style Other: True
Building Information
- Year Built: 2022
- Lot Size: 0.80 AC / 34,848 SF
Summary
Location and General Information
- City: Bean Station
- County Or Parish: Grainger County - 45
- Directions: On Hwy 11W, from Morristown, enter Galilee Shores on left. Home will be on right. Look for sign.
- Latitude: 36.317798
- Longitude: -83.396007
- MLS Area Major: Grainger County - 45
- MLS Area Minor: Grainger County - 45
- Postal Code: 37708
- State Or Province: TN
- View Country Setting: True
- View Mountain View: True
- View Other: True
- Location Tax Legal Info Area: Grainger County - 45
- Remarks Misc Directions: On Hwy 11W, from Morristown, enter Galilee Shores on left. Home will be on right. Look for sign.
- Amenities Available Lake: true
Parking
- Attached Garage: Yes
- Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level
- Atchd Dtchd Type Detached: True
- Garage Parking Attached: True
- Garage Parking Garage Door Opener: True
- Garage Parking Main Level: True
- Garage Parking SideRear Entry: True
- Garage Parking Garage Spaces: 2.0
Taxes and HOA Information
- Association Fee: 0.0
- Parcel Number: 023.50
- Location Tax Legal Info Total Tax: 259.22
- General Property Description HOA: No
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.8
- Lot Size Units: Acres
- Lot Size Square Feet: 34848.0
- Year Built: 2022
- Lot Features: Level
- Building Area Total: 2328.0
- Living Area Source: Owner
- Lot Size Acres: 0.8
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 1800.0
- General Property Description SqFt - Down Lvl: 0.0
- 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: 0.8
- General Property Description Acre Source: Tax Records
- General Property Description Site Built: Yes
- Lot Description Level: 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, Porch - Covered, Deck, Doors - Energy Star
- Construction Materials: Fiber Cement, Other, Block, Brick
- Siding Fiber Cement: True
- Community Amenities Lake Access: True
- Exterior Features Deck: True
- Exterior Features Doors - Energy Star: True
- Exterior Features Porch - Covered: True
- Exterior Features Window - Energy Star: True
- Misc Features Pantry: True
Interior Features
- Beds Total: 3
- Baths Full: 2
- Baths Half: 0
- Fireplaces Total: 0
- Fireplace: No
- Bathrooms Total Integer: 2
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
- Fireplace Features: Other, None
- Heating: Yes
- Fireplace None: True
- Cooling Ceiling Fan(s): True
- Cooling Central Cooling: True
- Basement None: True
- General Property Description Number of Bedrooms: 3
- General Property Description Number of Rooms: 12
- General Property Description Fireplace: No
- General Property Description Number of Fireplace: 0.0
- General Property Description Basement: No
- General Property Description Bonus Room: No
- 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
- Other Rooms Breakfast Room: 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: 12
Room 1
- RoomType: Master Bedroom
Room 2
- Room Type: Kitchen
Room 3
- Room Type: Bedroom 2
Room 4
- Room Type: Bedroom 3
Room 5
- Room Type: Utility Room
Room 6
- Room Type: Garage
Rental
Rent Information
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
- Tenant Expenses Heating: Heat Pump,Electric
Property History for 304 Masters Lane
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 30, 2023 | Closed (Public Record) Public Record #1523096114 | $510,000 | +1090.8% / yr |
| Nov 30, 2023 | Closed KAARMLS #1235963 | $510,000 | — |
| Sep 10, 2023 | Contract - Not Showing KAARMLS #1235963 | — | |
| Aug 9, 2023 | Listed (Active) KAARMLS #1235963 | $524,900 | — |
| Oct 31, 2022 | Closed (Public Record) Public Record #1500947674 | $35,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/30/2023 | Closed (Public Record) Public Record #1523096114 | $510,000 +1090.8% / yr |
| 11/30/2023 | Closed KAARMLS #1235963 | $510,000 |
| 09/10/2023 | Contract - Not Showing KAARMLS #1235963 | — |
| 08/09/2023 | Listed (Active) KAARMLS #1235963 | $524,900 |
| 10/31/2022 | Closed (Public Record) Public Record #1500947674 | $35,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 304 Masters Lane
Taxable ValueLand$11,300Additions$54,225Total$65,525
Tax Record2025$1,540 ($128 / month)
Home Facts
Beds0Total Finished SqFt1,896 SqFtAbove Grade Finished SqFt1,896 SqFtStories1Lot Size34,848 SqFtStyleSingle Family ResidenceYear Built2022CountyGRAINGERAPN041 02350
Schools near 304 Masters Lane
This home is within Grainger County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Bean Station Elementary School PublicPK to 6 | ||
Rutledge Middle School Public7 to 8 | ||
Grainger High School Public9 to 12 | ||
Grainger Academy 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.
Similar Homes
New listings in 37708
1/20
$235,000
- Unavailable
- Bedrooms
- 1
- Bathrooms
- 1,014
- Square Feet
- 0.77
- Acres
1/45
1/28
1/26
1/63
1/8
1/41
1/28
1/60
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 304 Masters Lane, Bean Station, TN 37708 | $510,000 | 3 | 2 | 2,328 | 34,848 |
$157,000 | – | – | – | 42,253 | |
$869,000 | – | 4 | 3,964 | 27,878 | |
$54,500 | – | – | – | 21,344 | |
– | – | 3 | 2,802 | 21,780 | |
$25,000 | – | – | – | 20,908 | |
$25,000 | – | – | – | 21,780 | |
$25,000 | – | – | – | 23,086 | |
$120,000 | – | – | – | 23,958 | |
$72,500 | – | – | – | 23,958 | |
$37,000 | – | – | – | 30,056 | |
$813,400 | – | 3 | 1,980 | 26,136 | |
$115,000 | – | 3 | 2,744 | 27,007 | |
$237,000 | – | – | – | 689,119 | |
$975,000 | – | 2.25 | 2,156 | 29,185 | |
$135,000 | – | – | – | 27,442 |
Explore Nearby Homes
- Turners Landing Homes for Sale
- Legacy Bay Homes for Sale
- Lone Mountain Shores Homes for Sale
- Virginia Homes for Sale
- Rock Harbor Homes for Sale
- Hickory Pointe Homes for Sale
- Plainview Homes for Sale
- Norris Shores Homes for Sale
- Middlesborough Homes for Sale
- Baileyton Homes for Sale
- Sunset Bay Homes for Sale
- Fairgarden Homes for Sale
- Sunrise Homes for Sale
- Arminda Homes for Sale
- Ridgeview Heights Homes for Sale
- Bean Station Homes for Sale
- Mooresburg Homes for Sale
- Morristown Homes for Sale
- Russellville Homes for Sale
- Washburn Homes for Sale
- Rutledge Homes for Sale
- Talbott Homes for Sale
- Thorn Hill Homes for Sale
- Whitesburg Homes for Sale
- Jefferson City Homes for Sale
- White Pine Homes for Sale
- Sneedville Homes for Sale
- Bulls Gap Homes for Sale
- Tazewell Homes for Sale
- Eidson Homes for Sale
- 37861 Homes for Sale
- 37881 Homes for Sale
- 37811 Homes for Sale
- 37814 Homes for Sale
- 37860 Homes for Sale
- 37869 Homes for Sale
- 37879 Homes for Sale
- 37888 Homes for Sale
- 37813 Homes for Sale
- 37857 Homes for Sale
- 37877 Homes for Sale
- 37891 Homes for Sale
- 37711 Homes for Sale
- 37760 Homes for Sale
- 37810 Homes for Sale
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 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: 11/30/2023 07:23 PM