Sold
Last Sold Price
32,234 Lot Size0.74 Acres
Waterway Dr, Rutledge, TN 37861
LandProperty Type
0.74 acresLot Size

Description

Ready to build your dream home! This property is located just across the street from the north shore of Cherokee Lake! Rural setting on a quiet dead end street, cup de sac (no through traffic). Fantastic views of Cherokee Lake! Great fishing, boating and water recreation is only minutes away! This relatively flat lot has utilities at the road, would need septic but ready to go! Build your Cherokee Lake home and start living the TN Lake Life!Ready to build your dream home! This property is located just across the street from the north shore of Cherokee Lake! Rural setting on a quiet dead end street, cup de sac (no through traffic). Fantastic views of Cherokee Lake! Great fishing, boating and water recreation is only minutes away! This relatively flat lot has utilities at the road, would need septic but ready to go! Build your Cherokee Lake home and start living the TN Lake Life!
  • Listed by: Niki Horner • Re/Max Preferred Properties, Inc.
Listing closed: 12/30/2021 12:00 AM • Source: KAARMLS, MLS#: 1161962

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Recent comparable sales

Median sold price

$38,000

Avg days on market

79

Sale-to-list ratio

71.8%

Rutledge, TN

9 comparable properties found

$27,500 | Lot 5 Rolling Hills Estates, Rutledge, TN 37861
1/6
1

$27,500

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.58
Acres
$30,000 | Lot 48 Cherokee Cove Estates, Rutledge, TN 37861
1/5
2

$30,000

Sold 01/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.51
Acres
$35,000 | Lot 7 Waterway Drive, Rutledge, TN 37861
1/6
3

$35,000

Sold 06/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.75
Acres
$45,000 | 0 Ostrich Lane, Rutledge, TN 37861
1/24
4

$45,000

Sold 01/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.8
Acres
$55,000 | Grainger Landing, Rutledge, TN 37861
1/11
5

$55,000

Sold 05/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.85
Acres
$38,500 | Lot 24 Rolling Hills Estates, Rutledge, TN 37861
1/6
6

$38,500

Sold 04/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.08
Acres
$1 | Turley Mills Drive, Rutledge, TN 37861
1/4
7

$1

Sold 05/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
$38,000 | Lot 46 Ernie Roberts Road, Rutledge, TN 37861
1/4
8

$38,000

Sold 12/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres
$50,000 | Lot 47 Ernie Roberts Road, Rutledge, TN 37861
1/7
9

$50,000

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.37
Acres

Location

Listing Courtesy of Re/Max Preferred Properties, Inc., Niki Horner

Sold By Home & Garden Real Estate, Mike Newman (865.932.7000)

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Property Information for Waterway Drive

Property Details
  • Taxes: $149 / year
  • MLS Type: Lots & Acreage
  • Sub division Name: Waterway Gardens
  • Zoning Description: Zoned Residential
  • Zoning Zoned Residential: True
Building Information
  • Lot Size: 0.74 AC
Summary
Location and General Information
  • City: Rutledge
  • County Or Parish: Grainger County - 45
  • Directions: Take 92 past Cherokee Dam. right on Lakeshore, left onto Waterway Dr. Property in the cul de sac. Property is on the left, sign on property!
  • Latitude: 36.250265
  • Longitude: -83.431938
  • MLS Area Major: Grainger County - 45
  • MLS Area Minor: Grainger County - 45
  • Postal Code: 37861
  • State Or Province: TN
  • Topography: Cleared,Level
  • Road Access Public Road: True
  • Road Frontage County: True
  • Road Frontage Paved: True
  • View Lake: True
  • Location Tax Legal Info Area: Grainger County - 45
  • Remarks Misc Directions: Take 92 past Cherokee Dam. right on Lakeshore, left onto Waterway Dr. Property in the cul de sac. Property is on the left, sign on property!
  • Amenities Available Lake: true
  • Topography Cleared: True
  • Topography Level: True
  • Topography Level: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 070 011.11 000
  • Location Tax Legal Info Total Tax: 149.1
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.74
  • Lot Size Units: Acres
  • Lot Size Square Feet: 32234.0
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.74
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: Tbd
  • General Property Description Lot Dimensions: Tbd
  • General Property Description Lot Size SqFt: 32234.0
  • General Property Description Acres: 0.74
  • General Property Description Acre Source: Tax Records
  • Lot Description Cul-De-Sac: True
  • Lot Description Level: 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
  • Documents on File Restrictions: True
  • Developmnt Potential Single Family: True
  • Possession At Closing: True
Utilities
  • Utilities Available Electricity: True
Interior and Exterior Features
Exterior Features
  • Improvements None: True
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: Yes

Property History for Waterway Drive

DateEvent & SourcePriceAppreciation
Dec 30, 2021

Closed

KAARMLS #1161962

$21,000
Dec 9, 2021

Contract - Not Showing

KAARMLS #1161962

Jul 28, 2021

Listed (Active)

KAARMLS #1161962

$23,900
DateEvent & SourcePrice
12/30/2021

Closed

KAARMLS #1161962

$21,000
12/09/2021

Contract - Not Showing

KAARMLS #1161962

07/28/2021

Listed (Active)

KAARMLS #1161962

$23,900

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

Schools near Waterway 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Waterway Drive, Rutledge, TN 37861
$21,000
32,234
$15,000
2
1,164
44,431
$475,000
2
1,463
37,026
$405,000
4
2,000
61,419
1
1,196
54,886
$240,000
4
3,085
48,352

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 Re/Max Preferred Properties, Inc., Niki Horner

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: 05/07/2022 10:56 AM