481 Masters Ln

4,400 Sq. Ft.
$272 / Sq. Ft.
4,400
Sq. Ft.
$272
per Sq. Ft.

Description

Finished in 2025 and tucked away at the end of a cul-de-sac, this stunning lakefront basement ranch offers a rare combination of setting and features. With approximately 4,400 sq ft, 3 bedrooms (+ 2 additional rooms), 5.5 bathrooms, and mountain views, this home is designed for both everyday comfort and unforgettable entertaining. Inside, you will find cathedral ceilings, luxury vinyl plank and tile flooring, quartz countertops throughout, high-end appliances (full-size refrigerator & freezer, 8...Finished in 2025 and tucked away at the end of a cul-de-sac, this stunning lakefront basement ranch offers a rare combination of setting and features. With approximately 4,400 sq ft, 3 bedrooms (+ 2 additional rooms), 5.5 bathrooms, and mountain views, this home is designed for both everyday comfort and unforgettable entertaining. Inside, you will find cathedral ceilings, luxury vinyl plank and tile flooring, quartz countertops throughout, high-end appliances (full-size refrigerator & freezer, 8 burner stove, beverage cooler) and thoughtful details. The kitchen is a true showpiece with a large island featuring a 4-inch quartz reveal that extends into the guest half bath, creating a custom, luxurious feel & beautiful finishes. The primary suite on the main level offers a spa-like retreat with a generously sized soaker tub, which provides extra length and depth for ultimate relaxation, walk-in shower with floor to ceiling tile, the closet is a custom showcase closet with display areas to stylishly feature your favorite items, offering convenient access to the laundry room. Also on the main floor, there's a junior suite featuring tailored built-ins in the closet. An office with an attached full bathroom. And tying it all together, a stone fireplace that echoes the exterior accents. The finished basement expands your living space with its own kitchenette, theater room, additional laundry area, and plenty of room for guests, hobbies, or multi-generational living. Home has 2 HVAC units. And a whole-house generator that powers all of the upstairs and the downstairs, this home is built for comfort and peace of mind. Step outside and take in the incredible waterfront setting. Approximately three-quarters of the shoreline has easy walk-in entry and no steep drop-off, making it ideal for enjoying the lake. The large upstairs deck was designed to impress, featuring vaulted ceilings, Anderson sliders, durable high-end decking, and sweeping lake views. A sleek railing ensures those views remain unobstructed. Gas and electrical options are also available on this level. Perfect for relaxing or entertaining. Additional highlights include an oversized 4-car tandem garage, fenced yard, Energy Star windows, Hardie board plank siding with stone accents, and 10-inch thick concrete foundation walls
Luxury, function, and a rare lakefront setting come together beautifully at 481 Masters Ln.
  1. Listed by Teri Jo Fox • The Knox Fox Real Estate Group

Property Details for 481 Masters Lane

Architectural Style
Traditional
Sub division Name
Galilee Shores
View
Mountain View, Country Setting, Lake
Style Traditional
True
LISTING UPDATED: 03/24/2026 03:14 PM

Property Details for 481 Masters Lane

StatusActive
MLS #1333920
Days on Market2
Taxes$7,020 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Residence
Year Built2025
Lot Size0.53 AC / 23,086 SF
CountyGrainger County

Location

Listing Courtesy of The Knox Fox Real Estate Group, Teri Jo Fox
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Building Information for 481 Masters Lane

Stories-Year Built2025Building Size-Lot Size0.53 AC / 23,086 SF

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Principal and Interest

$5,799

Property Taxes

$585

HOA Dues

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Property Information for 481 Masters Lane

Summary
Location and General Information
  • City: Bean Station
  • County Or Parish: Grainger County - 45
  • Directions: From I-40 take exit 392 for Rutledge Pike/US-11W N, Continue on this road for 36 Miles, (R) onto Masters Ln SOP
  • FrontageType: Lakefront
  • Latitude: 36.317572
  • Longitude: -83.398452
  • MLS Area Major: Grainger County - 45
  • MLS Area Minor: Grainger County - 45
  • Postal Code: 37708
  • State Or Province: TN
  • View Country Setting: True
  • View Lake: True
  • View Lakefront: True
  • View Mountain View: True
  • Location Tax Legal Info Area: Grainger County - 45
  • Remarks Misc Directions: From I-40 take exit 392 for Rutledge Pike/US-11W N, Continue on this road for 36 Miles, (R) onto Masters Ln SOP
  • Amenities Available Lake: true
Parking
  • Attached Garage: Yes
  • Parking Features: Off-Street Parking, Garage Door Opener, 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 Off-Street Parking: True
  • Garage Parking Garage Spaces: 4.0
School Information
  • Elementary School: Bean Station
  • High School: Grainger County Adult
  • Middle Or Junior School: Rutledge
  • Location Tax Legal Info Elementary School: Bean Station
  • Location Tax Legal Info Middle School: Rutledge
  • Location Tax Legal Info High School: Grainger County Adult
Taxes and HOA Information
  • Association Fee: 0.0
  • Association: false
  • Parcel Number: 041 023.42
  • Location Tax Legal Info Total Tax: 7020.0
  • General Property Description HOA Fee: 0.0
  • General Property Description HOA: No
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Property
Lot Information
  • Building Area Source: Owner
  • Lot Size Area: 0.53
  • Lot Size Units: Acres
  • Lot Size Square Feet: 22220.94
  • Year Built: 2025
  • Lot Features: Lake/Water Access, Cul-De-Sac, Waterfront
  • Building Area Total: 4400.0
  • Lot Size Acres: 0.53
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: 40x202x173x230
  • General Property Description SqFt - Main Lvl: 2200.0
  • General Property Description SqFt - Down Lvl: 2200.0
  • 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 Lot Dimensions: 40x202x173x230
  • General Property Description Lot Size SqFt: 22220.94
  • General Property Description Acres: 0.53
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Cul-De-Sac: True
  • Lot Description Lakefront: True
  • Lot Description Waterfront Access: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 3
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Septic Tank
  • Fuel Electric: True
  • Fuel Propane: True
  • Misc Features Internet Available: True
  • Sewer Septic Tank: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Vinyl, Prof Landscaped
  • Construction Materials: Other, Fiber Cement, Stone, Frame
  • Siding Fiber Cement: True
  • Siding Stone: True
  • Exterior Features Deck: True
  • Exterior Features Doors - Energy Star: True
  • Exterior Features Patio: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Prof Landscaped: True
  • Exterior Features Window - Energy Star: True
  • Exterior Features Windows - Insulated: True
  • Exterior Features Windows - Vinyl: True
  • Misc Features Pantry: True
  • Misc Features Wet Bar: True
Interior Features
  • Beds Total: 3
  • Baths Full: 5
  • Baths Half: 1
  • Cooling: Central Cooling, Ceiling Fan(s), Zoned
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Bathrooms Total Integer: 6
  • Cooling Details: Yes
  • Kitchen Appliances: Tankless Water Heater, Gas Range, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Heating Details: Central, Propane, Zoned, Electric
  • Fireplace Features: Gas, Stone, Gas Log
  • Flooring: Tile
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace Gas Log: True
  • Fireplace Stone: True
  • Fireplace Gas: True
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Cooling Zoned: True
  • Floors Tile: True
  • Floors Other: True
  • Basement Finished: True
  • Basement Walkout: True
  • General Property Description Number of Bedrooms: 3
  • General Property Description Number of Rooms: 14
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 1.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: No
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Dining Area Breakfast Bar: True
  • Dining Area Formal Dining Area: True
  • Dining Area KitchenDining Rm Co: True
  • Dining Area Living Room Dining Room: True
  • Appliances Backup Generator: True
  • Appliances Dishwasher: True
  • Appliances Disposal: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Appliances Tankless Water Heatter: True
  • Appliances Washer: True
  • Other Rooms Addl Living Quarter: True
  • Other Rooms Basement Rec Room: True
  • Other Rooms Extra Storage: True
  • Other Rooms Family Room: True
  • Other Rooms Great Room: True
  • Other Rooms Laundry Utility: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Other Rooms Split Bedroom: True
  • Misc Features Cathedral Ceiling: True
  • Misc Features Island in Kitchen: True
  • Misc Features Walk-in Closets: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
Room Information
Room
  • Rooms Total: 14
Rental
Rent Information
  • Contract Info Occupancy: Permanent Residence
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s),Zoned
  • Tenant Expenses Heating: Central,Propane,Zoned,Electric

Property History for 481 Masters Lane

DateEvent & SourcePriceAppreciation
Mar 24, 2026

Listed (Active)

KAARMLS #1333920

$1,195,000—
DateEvent & SourcePrice
03/24/2026

Listed (Active)

KAARMLS #1333920

$1,195,000

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

Schools near 481 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.

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481 Masters Lane is a single family home for sale in Bean Station, TN 37708. This property was listed for sale on March 24, 2026 by The Knox Fox Real Estate Group, it's currently listed at $1,195,000. This listing's school district is Grainger County School District. Nearby schools include Bean Station Elementary School, Rutledge Middle School and Grainger High School. 481 Masters Lane is a 3-bed, 6-bath, 4,400 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 The Knox Fox Real Estate Group, Teri Jo Fox

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: 03/24/2026 03:14 PM