Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!

558 Peninsula Point, Rutledge, 37861

Priced At: $969,000

Property Details for ID: 1285562

Contact Us Schedule Showing Text Flyer Email Flyer

SqFt: 3,817
Price SqFt: $254
Total Bedrooms: 3
Full Baths: 3 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2024-12-27T21:38:13Z
Subdivision: Peninsula Pointe Estates

Public Remarks: Year-round lakefront living and lake views! And we do mean Lakefront Living! Year-round water. No worries about losing your home's lake frontage, when TVA lowers lake levels every single year. If your land sits in a shallow area of Cherokee Lake, or in one of the many lake coves found in Tennessee, you will lose ALL of your lake frontage. Imagine purchasing a beach front home in Florida, South Carolina, wherever, and finding that later in the year the beach is gone? Nothing but sand. Well, that can happen with any TVA lake if you purchase a home in one of the shallow banks of any of these lakes. There are several nearby homes that recently sold for just under one million dollars this year that are now dealing with this issue. As we know, a lot of folks from other states are relocating to Tennessee, with some of them not being aware how lake levels fluctuate yearly. Until it's too late. This home will not have this problem. Cherokee Lake frontage in January. Cherokee Lake frontage in December. Cherokee Lake frontage year-round! A few additional features add to the uniqueness of this property. The house sits in a No-Flood Zone. Have Cherokee Lake in your backyard without the fear of water encroaching into your house as we have recently seen with the disasters that Hurricane Helene brought into neighboring areas. Yet the land is very level and flat. You can walk out your back door and stroll down to the lake. No hills, bumps, dips as you find with many lakefront properties which can create hazards. This part of Cherokee Lake is in a No-Wake Zone. Safety. You can kayak, swim, float without worrying about turbulence from boats/jet skis powering by. Finally, the views. From the living area, from the bedrooms, from the basement, from the decks, you have unobstructed views of Cherokee Lake. Annual Fourth of July fireworks celebrations can be enjoyed from the backyard with the lake as a background. Live the Cherokee Lake Life year-round! This brick and stone low exterior maintenance home was custom built by the owners in 2017. Just under 4,000 square feet of finished living area. A large two-car garage with oversized doors for parking SUVs and trucks. All the main living space is on one level. A generously designed open floor plan taking advantage of Cherokee Lake views. High vaulted ceilings with a custom stone fireplace fed by a 500-gallon underground propane tank. Rich alder wood cabinets frame the large granite kitchen island which can sit five family members and friends. Need more room for a family get together? There are two separate areas which will provide more dining options. Three bedrooms on the main level of the house. With the main and second bedrooms having excellent lake views. The main bedroom suite is huge, with his and hers walk-in-closets. The bathroom features a garden tub and a deep custom tile shower. Matching granite counter tops are also abundant in the bathroom vanities. The walkout basement has a sizable entertainment/game room area. An additional lake view bedroom. Another full bathroom. An office. Lots of additional storage with a mechanical room and a second lakefront garage large enough for vehicles and water toys. Two large heat pumps cool and heat the residence. There is no HOA in this community! Short term vacation rentals are allowed. High speed fiber internet for streaming, and for those of us that work from home, is available. The property sits on a dead-end street, allowing privacy and ideal for walking, strolling, bike riding, with very little drive by traffic. Located in Grainger County, with its scenic farmland but close to everything. Hospitals, Walmart, and Lowe's are all within 15 miles. Knoxville, Tennessee's is close by. Within an 8-hour drive of 20 states, family and friends can visit as you relocate to TN. Own your own lake playground with a ''No Flood Zone'', ''No Wake Zone'', ''Year-round water'' property. Live the Dream. Live the Cherokee Lake Life!

Schools Information

Elementary School: ********
Middle / Junior School:
High School:

Building Description

Building Style: Contemporary
Type: 2 Story Basement
Site Built: Yes
Year Built: 2016
Total Rooms: 15
SqFt (Total): 3,817
SqFt (Main Lvl): 2,277
SqFt (Down Lvl): 1,540
Full Baths: 3
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Basement: Yes
Basement Type: Finished, Walkout

  Exterior Features

Features: Deck
Construction: Brick

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer

  Room Dimensions

Bathroom: Bedroom 2: Bedroom 3: Garage: Utility Room: Great Room: Master Bedroom: Kitchen:

  Interior Features

Floors: Hardwood, Tile
Other Rooms: Basement Rec Room, Bedroom Main Level, Breakfast Room, Great Room, LaundryUtility, Mstr Bdrm Main Level, Office
Misc Features: Cathedral Ceiling, Internet Available, Island in Kitchen, Pantry, Walk-in Closets, Walk-in Shower, WasherDryer Connect

  Property Details

Acreages: 0.69
Lot Description: Cul-De-Sac, Waterfront Access, Lakefront
View: Lake, Lakefront, Mountain View

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Cash, Conventional, FHA, VA Loan

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 1
Fireplace Type(s): Gas Log
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Heat Pump

Garage / Parking

Garage Spaces, Garage Door Opener, Main Level

  Community Features

Outbuildings


Presented By: / Cherokee Lake Realty

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Off Lakeshore Drive enter Peninsula Pointe Estates. Home will be on right, close to the cul-de-sac.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

Listing Id: (Click to View)
List Price:
Full Baths:
Half Baths:
Total Beds:
Total SqFt:
Address:
Public Remarks:


Mortgage Calculator

Loan Amount (80% of list price)

$

Term (in years)?

What will be the interest rate?

%


Instructions: Enter numbers and decimal points. No commas or other characters.


This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.

Four Reasons to Use Crown And Anchor Realty

Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

Video Services

We will set your home/property apart from others on the market with professional quality, innovative video marketing complete with narration and music.

On-Time Guarantee

From showings to closing; we know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, we already have a network of qualified purchasers looking for the right home or property.

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.