488 Masters Lane, Bean Station, TN 37708
Galilee Shores · Grainger County - 45 County
Key Facts
Description
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 with an option to put a floating dock in with correct TVA permits. 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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Craftsman
Year Built
2025
Living Area
5,238 sq ft
Lot Size
1.10 acres
Garage Spaces
2
MLS® Listing#
1319222
Property Features
Interior
Appliances
Cooling
Heating
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Construction
Security
Sewer
Water Source
Schools
- Elementary:
- Bean Station
- Middle:
- Rutledge
- High:
- Grainger County Adult
Financial Details
Parcel Number
041 023.43
Directions
From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.
Affordability Calculator
$249,000
Estimated monthly payment
$6,626/mo
Principal $996,000 · Est. interest $1,389,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bean Station, TN
- $810,345
- Median Listing Price
- 37
- Median Days on Market
- 2,766
- Median Sq Ft
- $304
- Median Price / Sq Ft
- 205
- Active Listings
- This home’s price is 54% above the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bean Station, TN.
Location
Getting Around
Points of Interest in Bean Station, TN
Showing the Bean Station area map.
Nearby Schools
Grainger High School
Secondary · 2.6 mi away
Bean Station Elementary School
Elementary · 2.9 mi away
Kingswood School
School · 3.2 mi away
Kingswood Hiking Trail
Elementary · 3.6 mi away
Rutledge Primary School
Elementary · 6.7 mi away
Grainger County Schools
School · 7.3 mi away
Rutledge Elementary School
Elementary · 8.1 mi away
Fairview Marguerite
Elementary · 8.1 mi away
Rutledge Middle School
Secondary · 8.2 mi away
Manley Elementary
Elementary · 8.3 mi away
West Elementary
Elementary · 8.4 mi away
Faith Christian Academy
School · 8.5 mi away
Seventh Day Adventist Church
School · 8.6 mi away
Alternative School School System
School · 9.2 mi away
Dui Programs of East Tennessee
Secondary · 9.2 mi away
Meadowview Middle School
Secondary · 9.4 mi away
Citizen Tribune
School · 9.4 mi away
Morristown-Hamblen High School East
Secondary · 9.5 mi away
Alpha Primary School
Elementary · 9.7 mi away
Mooresburg Elementary School
Elementary · 9.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2924 Americus Dr, Thompsons Station, TN | $874,900 | 4 | 4 | 3,401 |
| 2000 Callaway Park Pl, Thompsons Station, TN | $874,900 | 4 | 4 | 3,236 |
| 6753 Bethesda Arno Rd, Thompsons Station, TN | $874,999 | 3 | 2 | 2,437 |
| 1830 Popes Chapel Rd, Thompsons Station, TN | $884,900 | 4 | 3 | 3,280 |
| 3068 Americus Dr, Thompsons Station, TN | $897,400 | 4 | 4 | 3,013 |
| 217 Masters Lane, Bean Station, TN | $899,000 | 3 | 3 | 4,200 |
Moving Cost Estimate
EXIT Agents in Bean Station
Listing Courtesy: Single Tree Realty - 8654653397