Sold
Last Sold Price
42,253 Lot Size0.97 Acres
Masters Ln, Bean Station, TN 37708
LandProperty Type
0.97 acresLot Size

Description

Every day will feel like a vacation with the lakefront living and beautiful mountain views you get at Galilee Shores Lot 7, the largest lot available at just under an acre (0.97) on Cherokee Lake. Lot 7 is a level to gently rolling parcel with NO HOA fees. Subdivision includes underground utilities, public water and no city taxes. Get the rural wide open spaces life yet you only need a short drive to get you to Morristown, Knoxville, Pigeon Forge, Gatlinburg or the Tri-Cities. Building requirements...Every day will feel like a vacation with the lakefront living and beautiful mountain views you get at Galilee Shores Lot 7, the largest lot available at just under an acre (0.97) on Cherokee Lake. Lot 7 is a level to gently rolling parcel with NO HOA fees. Subdivision includes underground utilities, public water and no city taxes. Get the rural wide open spaces life yet you only need a short drive to get you to Morristown, Knoxville, Pigeon Forge, Gatlinburg or the Tri-Cities. Building requirements are: one level home 1800 sq ft. minimum, and two story home 2250 sq ft. minimum.
  • Listed by: Solid Rock Realty, Shane Bales • Solid Rock Realty
  • Listed by: Leigh Ann Bales • Solid Rock Realty
Listing closed: 02/11/2022 12:00 AM • Source: KAARMLS, MLS#: 1176454

Recent comparable sales

Median sold price

$40,000

Avg days on market

294

Sale-to-list ratio

79.8%

Bean Station, TN

9 comparable properties found

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

$135,000

Sold 03/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.63
Acres
$135,000 | 14 Masters Lane, Bean Station, TN 37708
1/11
2

$135,000

Sold 03/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.63
Acres
$75,000 | Wolfe Road Road, Bean Station, TN 37708
1/8
3

$75,000

Sold 09/25/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
24.5
Acres
$280,000 | 1693 Steve Brown Road, Bean Station, TN 37708
1/37
4

$280,000

Sold 07/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
17.26
Acres
$27,900 | Lot #39 Bayside Boulevard, Bean Station, TN 37708
1/18
5

$27,900

Sold 02/25/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.77
Acres
$22,500 | Lot 33 Bayside Boulevard, Bean Station, TN 37708
1/13
6

$22,500

Sold 05/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.24
Acres
$30,000 | Lot 61 Whispering Court, Bean Station, TN 37708
1/21
7

$30,000

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.59
Acres
$22,000 | 1-2 Rhondas Way, Bean Station, TN 37708
1/15
8

$22,000

Sold 06/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.29
Acres
$40,000 | O O Terrace Drive, Bean Station, TN 37708
1/3
9

$40,000

Sold 04/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.73
Acres

Location

Listing Courtesy of Solid Rock Realty, Solid Rock Realty, Shane Bales; Solid Rock Realty, Leigh Ann Bales (865.566.5266)

Sold By Elite Realty Group, Erika Angelopoulos (423.307.8566)

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Property Information for Masters Lane

Property Details
  • MLS Type: Lots & Acreage
  • Sub division Name: Galilee Shores
  • Zoning Description: Zoned Residential
  • View: Country Setting, Mountain View
  • Zoning Zoned Residential: True
Building Information
  • Lot Size: 0.97 AC
Summary
Location and General Information
  • City: Bean Station
  • County Or Parish: Grainger County - 45
  • Directions: North on HWY 11W from Rutledge to Galilee Shores (Masters Ln) on the Right
  • FrontageType: Lakefront
  • Latitude: 36.317638
  • Longitude: -83.395572
  • MLS Area Major: Grainger County - 45
  • MLS Area Minor: Grainger County - 45
  • Postal Code: 37708
  • State Or Province: TN
  • Topography: Level,Cleared
  • Road Access Public Road: True
  • Road Frontage State: True
  • View Country Setting: True
  • View Lakefront: True
  • View Mountain View: True
  • Location Tax Legal Info Community: Bean Station
  • Location Tax Legal Info Area: Grainger County - 45
  • Remarks Misc Directions: North on HWY 11W from Rutledge to Galilee Shores (Masters Ln) on the Right
  • Amenities Available Lake: true
  • Property Sub-Type Waterfront Access: True
  • Topography Cleared: True
  • Topography Level: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 0000
  • Location Tax Legal Info Total Tax: 0.0
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.97
  • Lot Size Units: Acres
  • Lot Size Square Feet: 42253.2
  • Lot Features: Lake Access, Lakefront, Waterfront Access
  • Lot Size Acres: 0.97
  • Lot Size Source: Owner
  • Lot Size Dimensions: 292 X 194 X 370
  • General Property Description SqFt - Min Ranch: 1800.0
  • General Property Description SqFt - Min 2 Story: 2250.0
  • General Property Description Lot Dimensions: 292 X 194 X 370
  • General Property Description Acres: 0.97
  • General Property Description Acre Source: Owner
  • Lot Description Lake Access: True
  • Lot Description Lakefront: True
  • Lot Description Level: True
  • Lot Description Waterfront Access: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: Yes
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements Typical Subdivision: True
  • Easements Other: True
  • Documents on File Restrictions: True
  • Developmnt Potential Single Family: True
  • Possession At Closing: True
Utilities
  • Improvements Curbs Gutters: True
  • Improvements Utilities on Site: True
  • Utilities Available Electricity: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: Yes

Property History for Masters Lane

DateEvent & SourcePriceAppreciation
Feb 11, 2022

Closed

KAARMLS #1176454

$157,000
Dec 23, 2021

Contract - Not Showing

KAARMLS #1176454

Dec 21, 2021

Listed (Active)

KAARMLS #1176454

$159,900
DateEvent & SourcePrice
02/11/2022

Closed

KAARMLS #1176454

$157,000
12/23/2021

Contract - Not Showing

KAARMLS #1176454

12/21/2021

Listed (Active)

KAARMLS #1176454

$159,900

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

Schools near 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Masters Lane, Bean Station, TN 37708
$157,000
42,253
$510,000
3
2,328
34,848
$975,000
2.25
2,156
29,185
$813,400
3
1,980
26,136
3
2,802
21,780
$869,000
4
3,964
27,878

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 Solid Rock Realty, Solid Rock Realty, Shane Bales; Solid Rock Realty, Leigh Ann Bales (865.566.5266)

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: 02/27/2023 08:56 AM