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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!
488 Masters Lane, Bean Station, 37708
Priced At: $1,325,000
Listing Videos - 1
Property Details for ID: 1319222
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 5,238
Price SqFt: $253
Total Bedrooms: 3
Full Baths: 3 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-19T16:22:59Z
Subdivision: Galilee Shores
Public Remarks: Welcome to 488 Masters Lane — a stunning custom-built Craftsman home offering just over 5,200 sq. ft. of exceptional lakefront living on the shores of Cherokee Lake. Designed and built by a local builder, this residence blends timeless craftsmanship with modern comfort and an inviting, open layout. Step inside to discover the great room with gas fireplace and 20' vaulted ceiling! On the main level you will find 3 spacious bedrooms, 2.5 baths. The thoughtful floor plan features expansive living areas, a chef's kitchen, and large windows that capture breathtaking lake views throughout on the main level with the lower level with separate access providing a whole additional living space with large main room and separate kitchen for visiting family and friends! The lower level also has a full bathroom and two additional flex rooms perfect for offices, hobby spaces, or guest accommodations. Enjoy peaceful mornings or entertaining evenings on your covered back deck overlooking the water, or take advantage of your direct lake access for boating, fishing, and relaxing weekends on the water. The 2-car garage, ample storage, and quality finishes throughout add to the home's perfect blend of elegance and functionality. Nestled right off of Highway 11W in Bean Station, the home is less than 20 minutes from Morristown, 45 minutes to downtown Knoxville, and a hour from Pigeon Forge and The Smoky Mountains! Schedule a tour today!
Schools Information
Elementary School: Bean StationMiddle / Junior School: Rutledge
High School: Grainger County Adult
Building Description
Site Built: Yes
Year Built: 2025
Total Rooms: 17
SqFt (Total): 5,238
SqFt (Main Lvl): 2,619
SqFt (Down Lvl): 2,619
Full Baths: 3
1/2 Baths: 1
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Walkout
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.
Your commute
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Mortgage Calculator
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!