Masters Ln

Bean Station, TN 37708

$157,000
Last Sold Price
42,253 / 0.97
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Closed 2/11/22
Closed 2/11/22
00001
0002 Graphic Layout
2017-09-08 10.47.24
2017-09-08 10.47.27
2017-09-08 10.52.33
aerial shot google
IMG_4001
IMG_4002
IMG_4003
IMG_4004
IMG_4005
IMG_4006
IMG_4007
Survey 1
IMG_8787

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.

Property Details for Masters Lane

Sub division Name
Galilee Shores
Zoning Description
Zoned Residential
View
Country Setting, Mountain View
Zoning Zoned Residential
True
LISTING UPDATED: 02/27/2023 08:56 AM

Property Details for Masters Lane

StatusClosed
MLS #1176454
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage
Year Built-
Lot Size0.97 AC
CountyGrainger County
Get preapproved with Rocket Mortgage1

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)

Add your commute

Building Information for Masters Lane

Lot Size0.97 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$765 per month

30 year fixed, 6.15% Interest

Principal and Interest

$765

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for Masters Lane

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, Compass 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
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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes 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