1,248 sqft$560/sqft
8668 Lakeshore Dr, Rutledge, TN 37861
Est: $3,563/moGet pre-approved

Description

Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds...Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.
LISTING UPDATED: 08/07/2026 03:41 PM

  1. Listed by Randy Hobbs • Wallace
    P: (865)-973-7546 C: (865)-973-7546 randy.hobbs03@gmail.com

Property Details for 8668 Lakeshore Drive

Status
MLS #
3499724
Days on Market
1
Taxes
$122 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
2025
Lot Size
-
Waterfront
No

Location

Listing Courtesy of Wallace, Randy Hobbs (865.973.7546)
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Building Information for 8668 Lakeshore Drive

Stories-Residences3Year Built2025Building Size-Lot Size-

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$3,563 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,553

Property Taxes

$10

HOA Dues

$0

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Property Information for 8668 Lakeshore Drive

Summary
Location and General Information
  • Directions: From US-11E N, Turn left onto Churchview St., Turn left onto TN-92 N, Turn right onto TN-375 N. Destination will be on the left. No sign on property. Latitude: 36.259541 Longitude: -83.421294
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
Parking
  • Parking Total: .00
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 061 05607 000
Property and Assessments
  • Construction Materials: Frame, Other
  • Documents Count: 3
  • New Construction: No
  • Possession: Close Of Escrow
  • Senior Community: No
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Heat Pump
  • Heating: Yes
  • Utilities: Electricity Available
Interior and Exterior Features
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • Roof: Metal
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3

Property History for 8668 Lakeshore Drive

DateEvent & SourcePriceAppreciation
Aug 7, 2026

Listed (Active)

REALTRACS #3499724

$699,000
DateEvent & SourcePrice
08/07/2026

Listed (Active)

REALTRACS #3499724

$699,000

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

Schools near 8668 Lakeshore Drive

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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8668 Lakeshore Drive is a multi-family home for sale in Rutledge, TN 37861. This property was listed for sale on August 7, 2026 by Wallace, it's currently listed at $699,000. This listing's school district is Grainger County School District. Nearby schools include Rutledge Primary School, Rutledge Elementary School and Rutledge Middle School. 8668 Lakeshore Drive is a 0-bed, 0-bath, 1,248 sqft multi-family home built in 2025.

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 Wallace, Randy Hobbs (865.973.7546)

Based on information submitted to the MLS GRID as of 08/07/2026 03:41 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.