Lot 20 Masters Lane, Unit 20

Closed 8/23/24
Closed 8/23/24
Lot 20 Masters Ln - 1
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Sold
Last Sold Price
$43,500
22,215 Lot Size0.51 Acres
lot 20 Masters Ln, Unit 20, Bean Station, TN 37708
LandProperty Type
0.51 acresLot Size

Description

Imagine living in one of Cherokee Lake's newest subdivisions, Galilee Shores, where tranquility and convenience blend seamlessly. Lot 20 Masters Ln offers a spacious 0.51-acre canvas for your dream home. This lot is ready for a custom site-built home, with a minimum requirement of 1800 sq ft for single-level homes and 2250 sq ft for multi-level. The lot is cleared, providing a straightforward building process and seasonal views of Cherokee Lake and the surrounding mountains. With underground electric...Imagine living in one of Cherokee Lake's newest subdivisions, Galilee Shores, where tranquility and convenience blend seamlessly. Lot 20 Masters Ln offers a spacious 0.51-acre canvas for your dream home. This lot is ready for a custom site-built home, with a minimum requirement of 1800 sq ft for single-level homes and 2250 sq ft for multi-level. The lot is cleared, providing a straightforward building process and seasonal views of Cherokee Lake and the surrounding mountains. With underground electric and public water available at the road, and a septic system already perked for a 3-bedroom home, you have all the utilities you need to start building. Galilee Shores offers a lifestyle perfect for those who love the outdoors, with easy access to Cherokee Lake just minutes away for boating, fishing, and lakeside picnics. This serene subdivision has no HOA, allowing you to enjoy the community without added fees or restrictions. Imagine evenings spent watching the sunset over the lake or weekends exploring the natural beauty of the area. Lot 20 Masters Ln isn't just a place to build a house; it's a place to create a home and a lifestyle you'll cherish for years to come.
  • Listed by: Amy Shrader • REMAX Real Estate Ten of Morristown
Listing closed: 08/23/2024 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 9967999

Recent comparable sales

Median sold price

$50,000

Avg days on market

285

Sale-to-list ratio

83.8%

Bean Station, TN

9 comparable properties found

$40,000 | O O Terrace Drive, Bean Station, TN 37708
1/3
1

$40,000

Sold 04/15/26

Unavailable
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Unavailable
Bathrooms
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Square Feet
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Acres

O O Terrace Drive, Bean Station, TN 37708

$287,500 | 141 Twin Church Road, Unit 4 & 5, Bean Station, TN 37708
1/36
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Sold 06/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.32
Acres

141 Twin Church Road, Unit 4 & 5, Bean Station, TN 37708

3

$50,000

Sold 05/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres

615 Spradling Road, Bean Station, TN 37708

$135,000 | 14 Masters Lane, Bean Station, TN 37708
1/11
4

$135,000

Sold 03/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.63
Acres

14 Masters Lane, Bean Station, TN 37708

$135,000 | 13 Masters Lane, Bean Station, TN 37708
1/11
5

$135,000

Sold 03/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.63
Acres

13 Masters Lane, Bean Station, TN 37708

$30,000 | Lot 61 Whispering Court, Bean Station, TN 37708
1/21
6

$30,000

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.59
Acres

Lot 61 Whispering Court, Bean Station, TN 37708

$120,000 | 34 Logans Bluff, Unit 34, Bean Station, TN 37708
1/14
7

$120,000

Sold 08/21/26

Unavailable
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Unavailable
Bathrooms
Unavailable
Square Feet
0.69
Acres

34 Logans Bluff, Unit 34, Bean Station, TN 37708

8

$13,095

Sold 05/14/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres

405 Industrial Drive, Bean Station, TN 37708

$30,000 | 61 Whispering Court, Bean Station, TN 37708
1/21
9

$30,000

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.59
Acres

61 Whispering Court, Bean Station, TN 37708

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Location

Listing Courtesy of REMAX Real Estate Ten of Morristown, Amy Shrader (423.748.8811)

Sold By REMAX Real Estate Ten of Morristown, Ashley Hunt (865.438.4543)

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Principal and Interest

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Property Taxes

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Property Information for Lot 20 Masters Lane, Unit 20

Property Details
  • Taxes: $225 / year
  • MLS Type: Land
  • County: Grainger County
  • View: Mountain(s), Water
  • Zoning: Residential
  • Subdivision: Not Listed
Building Information
  • Lot Size: 0.51 AC
Summary
Location and General Information
  • City: Bean Station
  • County: Grainger
  • Directions: Hwy 25E North and bear right on 11W towards Rutledge. 4.5 miles to left on Masters Ln. Lot near end of road on right.
  • Latitude: 36.32
  • Longitude: -83.40
  • Postal Code: 37708
  • State Or Province: TN
  • MLS Area Major: 205 - Grainger County
  • MLS Area Minor: 205 - Grainger County
  • Road Frontage Type: 2 Lane Road
  • Road Surface Type: Paved
  • General Property Description : Zoning: Residential
Taxes and HOA Information
  • Association: No
  • Parcel Number: 041 023.46
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 395
  • Location Tax Legal Info : Deed Page: 725
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $225.01
School Information
  • High School: Grainger Co.
  • Middle Or Junior School: Rutledge
  • Elementary School: Bean Station
Property
Lot Information
  • Lot Size Dimensions: 106x233 IRR
  • Lot Size Square Feet: 22,216.00
  • Lot Size Acres: 0.51
  • Lot Features: See Remarks
  • Lot Size Area: .51
  • Lot Size Units: Acres
  • General Property Description : Acres: .51
Property and Assessments
  • Property Type: Land
  • Property Type Label: Land
  • AccessTrans : Public Maintained Road: Yes
  • Easements : Utility Easement: Yes
  • Info Available : Aerial: Yes
  • Info Available : Building Restrictions: Yes
  • Land Type : LotTract: Yes
  • Land Type : Residential: Yes
  • Land Type : ResortVacation: Yes
  • Road Access : 2 Lane Road: Yes
  • Showing Instructions : Vacant: Yes
Utilities
  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available
  • Sewer: None, See Remarks
  • Water Source: At Road, Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00

Property History for Lot 20 Masters Lane, Unit 20

DateEvent & SourcePriceAppreciation
Aug 23, 2024

Closed

Tennessee Virginia Regional MLS #9967999

$43,500—
Aug 12, 2024

Contract - Not Showing

Tennessee Virginia Regional MLS #9967999

—
Jul 1, 2024

Listed (Active)

Tennessee Virginia Regional MLS #9967999

$50,000—
DateEvent & SourcePrice
08/23/2024

Closed

Tennessee Virginia Regional MLS #9967999

$43,500
08/12/2024

Contract - Not Showing

Tennessee Virginia Regional MLS #9967999

—
07/01/2024

Listed (Active)

Tennessee Virginia Regional MLS #9967999

$50,000

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

Schools near Lot 20 Masters Lane, Unit 20

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Lot 20 Masters Lane, Unit 20, Bean Station, TN 37708
$43,500
–
–
–
22,215
Lot 20 Masters Lane, Bean Station, TN 37708
$43,500
–
–
–
22,215
14 Masters Lane, Bean Station, TN 37708
$135,000
–
–
–
27,442
13 Masters Lane, Bean Station, TN 37708
$135,000
–
–
–
27,442
11 West S Highway, Bean Station, TN 37708
$237,000
–
–
–
689,119
477 Masters Lane, Bean Station, TN 37708
$135,000
–
2.5
2,319
30,056

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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.

Listing Courtesy of REMAX Real Estate Ten of Morristown, Amy Shrader (423.748.8811)

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: 09/30/2024 11:30 PM