488 Masters Ln

Bean Station, TN 37708

$1,325,000
Price
3
Beds
5,238 Sq. Ft.
$253 / Sq. Ft.
5,238
Sq. Ft.
$253
per Sq. Ft.
Exterior 8
Exterior 13
Outside twilight
Exterior 9
Exterior 4
Exterior 3
Exterior 12
Great Room
Great Room 2
Great Room 3
Great Room 5
Great Room 8
Great Room 6
Great Room 4
Great Room 7
Kitchen 4
Kitchen 3
Kitchen 1
Kitchen 2
Pantry
Bedroom 1
Bedroom 2
2nd Bedroom
2nd Bedroom 2
Bathroom 1
Master Bedroom 3
Master Bedroom
Master Closet
Master Bath
Master Bath 2
Master Bath 3
Shower
Laundry 2
Mudroom
2 car garage
Exterior 7
Fenced backyard
Basement porch
Basement Great Room
Basement mainroom
Basement Kitchen
Basement Pantry
Basement room
Basement room 3
Basement walk in closet
Basement Bathroom
Basement flex room
Basement spare room
Basement Laundry Room
Back porch lakeview

Description

Welcome to 488 Masters Lane — a stunning custom-built Craftsman home offering just over 5,200 sq. ft. of exceptional lakefront living on the shores of Cherokee Lake. Designed and built by a local builder, this residence blends timeless craftsmanship with modern comfort and an inviting, open layout. Step inside to discover the great room with gas fireplace and 20' vaulted ceiling! On the main level you will find 3 spacious bedrooms, 2.5 baths. The thoughtful floor plan features expansive living areas,...Welcome to 488 Masters Lane — a stunning custom-built Craftsman home offering just over 5,200 sq. ft. of exceptional lakefront living on the shores of Cherokee Lake. Designed and built by a local builder, this residence blends timeless craftsmanship with modern comfort and an inviting, open layout. Step inside to discover the great room with gas fireplace and 20' vaulted ceiling! On the main level you will find 3 spacious bedrooms, 2.5 baths. The thoughtful floor plan features expansive living areas, a chef's kitchen, and large windows that capture breathtaking lake views throughout on the main level with the lower level with separate access providing a whole additional living space with large main room and separate kitchen for visiting family and friends! The lower level also has a full bathroom and two additional flex rooms perfect for offices, hobby spaces, or guest accommodations. Enjoy peaceful mornings or entertaining evenings on your covered back deck overlooking the water, or take advantage of your direct lake access for boating, fishing, and relaxing weekends on the water. The 2-car garage, ample storage, and quality finishes throughout add to the home's perfect blend of elegance and functionality. Nestled right off of Highway 11W in Bean Station, the home is less than 20 minutes from Morristown, 45 minutes to downtown Knoxville, and a hour from Pigeon Forge and The Smoky Mountains! Schedule a tour today!
  1. Listed by Jarrod Brown • Single Tree Realty

Property Details for 488 Masters Lane

Architectural Style
Craftsman
Sub division Name
Galilee Shores
View
Mountain View, Country Setting, Lake
Style Craftsman
True
LISTING UPDATED: 11/14/2025 09:18 AM

Property Details for 488 Masters Lane

StatusActive
MLS #1319222
Days on Market66
Taxes$315 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Residence
Year Built2025
Lot Size1.10 AC / 47,916 SF
CountyGrainger County

Location

Listing Courtesy of Single Tree Realty, Jarrod Brown
Add your commute

Building Information for 488 Masters Lane

Stories-Year Built2025Building Size-Lot Size1.10 AC / 47,916 SF

Payment Calculator

$6,574 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,547

Property Taxes

$26

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 488 Masters Lane

Summary
Location and General Information
  • City: Bean Station
  • County Or Parish: Grainger County - 45
  • Directions: From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.
  • FrontageType: Lakefront
  • Latitude: 36.31782
  • Longitude: -83.399001
  • 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 Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.
  • Amenities Available Lake: true
Parking
  • Attached Garage: Yes
  • Parking Features: Garage Faces Side, 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: 2.0
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
  • Parcel Number: 041 023.43
  • Location Tax Legal Info Total Tax: 314.9
  • General Property Description HOA: No
Virtual Tour
Property
Lot Information
  • Building Area Source: Plans
  • Lot Size Area: 1.1
  • Lot Size Units: Acres
  • Lot Size Square Feet: 47916.0
  • Year Built: 2025
  • Lot Features: Lake/Water Access, Cul-De-Sac, Lakefront, Rolling Slope
  • Building Area Total: 5238.0
  • Lot Size Acres: 1.1
  • Lot Size Source: Survey
  • General Property Description SqFt - Main Lvl: 2619.0
  • General Property Description SqFt - Down Lvl: 2619.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Plans
  • General Property Description Acres: 1.1
  • General Property Description Acre Source: Survey
  • General Property Description Site Built: Yes
  • Lot Description Cul-De-Sac: True
  • Lot Description Lakefront: True
  • Lot Description Waterfront Access: True
  • Lot Description Rolling Slope: 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
  • Misc Features Internet Available: True
  • Sewer Septic Tank: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement, Block, Frame, Other
  • Siding Fiber Cement: True
  • Siding Other: True
  • Community Amenities Lake Access: True
  • Exterior Features Porch - Covered: True
  • Misc Features Pantry: True
Interior Features
  • Beds Total: 3
  • Baths Full: 3
  • Baths Half: 1
  • Cooling: Central Cooling
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Bathrooms Total Integer: 4
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Heating Details: Central, Electric
  • Fireplace Features: Gas Log
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace Gas Log: True
  • Cooling Central Cooling: True
  • Basement Finished: True
  • Basement Walkout: True
  • General Property Description Number of Bedrooms: 3
  • General Property Description Number of Rooms: 17
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 1.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: Yes
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Other Rooms DenStudy: 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
  • 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: 17
Rental
Rent Information
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Electric

Property History for 488 Masters Lane

DateEvent & SourcePriceAppreciation
Nov 14, 2025

Price Change

KAARMLS #1319222

$1,325,000—
Oct 19, 2025

Listed (Active)

KAARMLS #1319222

$1,350,000—
DateEvent & SourcePrice
11/14/2025

Price Change

KAARMLS #1319222

$1,325,000
10/19/2025

Listed (Active)

KAARMLS #1319222

$1,350,000

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

Schools near 488 Masters Lane

This home is within Grainger County School District.
Rating
School
Type
Grades
Distance
Bean Station Elementary School
Public - PK to 6
Rutledge Middle School
Public - 7 to 8
Grainger High School
Public - 9 to 12
Grainger Academy
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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More information about 488 Masters Lane, Bean Station, TN 37708

488 Masters Lane is a single family home for sale in Bean Station, TN 37708. This property was listed for sale on October 19, 2025 by Single Tree Realty, it's currently listed at $1,325,000. This listing's school district is Grainger County School District. Nearby schools include Bean Station Elementary School, Rutledge Middle School and Grainger High School. 488 Masters Lane is a 3-bed, 4-bath, 5,238 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 makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Single Tree Realty, Jarrod Brown

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 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 11/14/2025 09:18 AM