558 Peninsula Pointe
Closed 8/4/25
Closed 8/4/25
Description
This lakefront home is an incredible opportunity, coming in at a total sales price of just $235 a square foot. Imagine the challenge of constructing a high-quality, 3,816 square foot, all-brick home, on a beautiful, level lakefront lot, at this price today. Impossible! But don't just take our word for it - talk to a builder and ask them to replicate this floor plan, along with the cost of lakefront land, and see this value for yourself. Year-round lakefront living! And we do mean Lakefront Living!...This lakefront home is an incredible opportunity, coming in at a total sales price of just $235 a square foot. Imagine the challenge of constructing a high-quality, 3,816 square foot, all-brick home, on a beautiful, level lakefront lot, at this price today. Impossible! But don't just take our word for it - talk to a builder and ask them to replicate this floor plan, along with the cost of lakefront land, and see this value for yourself. Year-round lakefront living! And we do mean Lakefront Living! Year-round water. No worries about losing your home's lake frontage, when TVA lowers lake levels. If your land sits in a shallow area of Cherokee Lake, you will lose ALL of your lake frontage. Imagine purchasing a beach front home in Florida, South Carolina, wherever, and finding that later in the year the beach is gone? Nothing but sand. Well, that can happen with any TVA lake if you purchase a home in one of the shallow banks of any of these lakes. There are nearby homes that are currently listed or recently sold for one million dollars that are now dealing with this issue. As we know, a lot of folks from other states are relocating to Tennessee, with some of them not being aware how lake levels fluctuate yearly. This home will not have this problem. Cherokee Lake frontage in January. Cherokee Lake frontage in December. Cherokee Lake frontage year-round! A few additional features add to the uniqueness of this property. The house sits in a No-Flood Zone. Have Cherokee Lake in your backyard without the fear of water encroaching into your house as we have recently seen with the disasters that Hurricane Helene brought into other lakes. Yet the land is very level. You can walk out your back door and stroll down to the lake. No hills, bumps, dips as you find with many lakefront properties. Once you get in the water, this part of Cherokee Lake is in a No-Wake Zone. Safety. You can kayak, swim, float without worrying about turbulence from boats. Finally, the views. From the living area, from the bedrooms, from the basement, from the decks, you have unobstructed views of Cherokee Lake. Fourth of July fireworks can be enjoyed from the backyard with the lake as a background. This brick and stone low exterior maintenance home was custom built by the owners in 2017. Just under 4,000 sq ft of finished living area. A large two-car garage with oversized doors for parking SUVs and trucks. All the main living space is on one level. An open floor plan taking advantage of Cherokee Lake views. High vaulted ceilings with a custom stone fireplace fed by a 500-gallon underground propane tank. Rich alder wood cabinets frame the large granite kitchen island. Need more room for a family get together? There are two separate areas which will provide more seating. Three bedrooms on the main level of the house. With the primary and second bedrooms having lake views. The primary bedroom suite is huge, with his and hers walk-in-closets. The bathroom features a garden tub and a deep custom tile shower. Matching granite counter tops in the bathroom vanities. The walkout basement has a sizable entertainment room area. Another lake view bedroom and bathroom. An office. Lots of additional storage with a mechanical room and a second lakefront garage large enough for vehicles. Two large heat pumps cool and heat the residence. With the skyrocketing costs of building materials, constructing a new home of this size and caliber would demand a significantly higher investment. As previously mentioned, this is a remarkable opportunity to own a home filled with exceptional features at an unbeatable value!
- Listed by Felix Valdes • Cherokee Lake Realty
Property Details for 558 Peninsula Pointe
Architectural Style
Contemporary
Sub division NamePeninsula Pointe Estates
ViewMountain View, Lake
Style ContemporaryTrue
LISTING CLOSED: 08/04/2025 12:00 AM
Property Details for 558 Peninsula Pointe
| Status | Closed |
|---|---|
| MLS # | 1285562 |
| Days on Market | 255 |
| Taxes | $2,408 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Single Family / Single Family Residence |
| Year Built | 2016 |
| Lot Size | 0.69 AC / 30,056 SF |
| County | Grainger County |
Location
Listing Courtesy of Cherokee Lake Realty, Felix Valdes
Sold By Cherokee Lake Realty, Felix Valdes (865.471.8222)
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Building Information for 558 Peninsula Pointe
Stories-Year Built2016Building Size-Lot Size0.69 AC / 30,056 SF
Payment Calculator
$4,521 per month
30 year fixed, 6.55% Interest
Principal and Interest
$4,320
Property Taxes
$201
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 558 Peninsula Pointe
Summary
Location and General Information
- City: Rutledge
- County Or Parish: Grainger County - 45
- Directions: Off Lakeshore Drive enter Peninsula Pointe Estates. Home will be on right, close to the cul-de-sac.
- FrontageType: Lakefront
- Latitude: 36.238272
- Longitude: -83.432188
- MLS Area Major: Grainger County - 45
- MLS Area Minor: Grainger County - 45
- Postal Code: 37861
- State Or Province: TN
- View Lakefront: True
- View Mountain View: True
- Location Tax Legal Info Area: Grainger County - 45
- Remarks Misc Directions: Off Lakeshore Drive enter Peninsula Pointe Estates. Home will be on right, close to the cul-de-sac.
- Amenities Available Lake: true
Parking
- Attached Garage: No
- Parking Features: Garage Door Opener, Main Level
- Atchd Dtchd Type Detached: 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
- Parcel Number: 015.00
- Location Tax Legal Info Total Tax: 2408.16
- General Property Description HOA: No
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Building Area Source: Owner
- Lot Size Area: 0.69
- Lot Size Units: Acres
- Lot Size Square Feet: 30056.4
- Year Built: 2016
- Lot Features: Lake/Water Access, Cul-De-Sac, Lakefront
- Building Area Total: 3817.0
- Lot Size Acres: 0.69
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 2277.0
- General Property Description SqFt - Down Lvl: 1540.0
- 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: 0.69
- 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: 0
- 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 Shared Well: True
Interior and Exterior Features
Exterior Features
- Construction Materials: Brick
- Exterior Features Deck: True
- Misc Features Pantry: True
Interior Features
- Beds Total: 3
- Baths Full: 3
- Baths Half: 0
- Fireplaces Total: 1
- Fireplace: Yes
- Bathrooms Total Integer: 3
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Fireplace Features: Gas Log
- Flooring: Hardwood, Tile
- Heating: Yes
- Fireplace Gas Log: True
- Cooling Ceiling Fan(s): True
- Cooling Central Cooling: True
- Floors Hardwood: True
- Floors Tile: True
- Basement Finished: True
- Basement Walkout: True
- General Property Description Number of Bedrooms: 3
- General Property Description Number of Rooms: 15
- General Property Description Fireplace: Yes
- General Property Description Number of Fireplace: 1.0
- General Property Description Basement: Yes
- General Property Description Bonus Room: No
- Heat - Heat Pump: 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 Basement Rec Room: 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 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: 15
Room 1
- RoomType: Bathroom
Room 2
- Room Type: Bedroom 2
Room 3
- Room Type: Bedroom 3
Room 4
- Room Type: Garage
Room 5
- Room Type: Utility Room
Room 6
- Room Type: Great Room
Room 7
- Room Type: Master Bedroom
Room 8
- Room Type: Kitchen
Rental
Rent Information
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
- Tenant Expenses Heating: Heat Pump,Propane,Electric
Property History for 558 Peninsula Pointe
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 4, 2025 | Closed (Public Record) Public Record #1908559138 | $850,000 | — |
| Aug 4, 2025 | Closed KAARMLS #1285562 | $850,000 | — |
| Jul 4, 2025 | Contract - Not Showing KAARMLS #1285562 | — | |
| Jun 22, 2025 | Price Change KAARMLS #1285562 | $899,000 | — |
| May 7, 2025 | Price Change KAARMLS #1285562 | $924,900 | — |
| Mar 20, 2025 | Price Change KAARMLS #1285562 | $965,000 | — |
| Dec 27, 2024 | Listed (Active) KAARMLS #1285562 | $969,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/04/2025 | Closed (Public Record) Public Record #1908559138 | $850,000 |
| 08/04/2025 | Closed KAARMLS #1285562 | $850,000 |
| 07/04/2025 | Contract - Not Showing KAARMLS #1285562 | — |
| 06/22/2025 | Price Change KAARMLS #1285562 | $899,000 |
| 05/07/2025 | Price Change KAARMLS #1285562 | $924,900 |
| 03/20/2025 | Price Change KAARMLS #1285562 | $965,000 |
| 12/27/2024 | Listed (Active) KAARMLS #1285562 | $969,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 558 Peninsula Pointe
Taxable ValueLand$20,875Additions$81,600Total$102,475
Tax Record2025$2,408 ($201 / month)
Home Facts
Beds0Total Finished SqFt1,856 SqFtAbove Grade Finished SqFt1,856 SqFtUnfinished Basement SqFt1,856 SqFtStories1Lot Size30,056 SqFtStyleSingle Family ResidenceYear Built2016CountyGRAINGERAPN069L A 01500
Schools near 558 Peninsula Pointe
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 |
|---|---|---|---|---|---|
$305,000 | – | 2 | 1,448 | 1.25 | |
$55,100 | – | 3 | 2,580 | 0.85 | |
– | – | 1 | 1,288 | 1.33 | |
– | – | 2 | 1,835 | 0.85 | |
$864,900 | 3 | 3 | 2,796 | 1.02 | |
$110,000 | – | 4 | 1,352 | 1.01 | |
$75,000 | – | – | – | 1.02 | |
$96,000 | – | 4 | 2,533 | 0.91 | |
$800,000 | – | 2 | 2,414 | 0.9 | |
$325,000 | – | 3 | 1,875 | 1.37 | |
$865,000 | 3 | 3 | 2,796 | 1.02 | |
$130,000 | – | – | – | 0.91 | |
$130,000 | – | – | – | 0.91 | |
– | – | 5 | 3,300 | 2.55 | |
– | – | 1 | 1,684 | 1.76 |
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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. 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 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: 08/06/2025 12:14 PM