Lake Homes Realty
Enter City or Zip

345 mallard baye

Rutledge, TN 37861

$724,900

3 BEDS 3-Full BATHS
0.76 AC LOT
Residential - Single Family
Image 1
Bedrooms 3
Total Baths 3
Full Baths 3
Acreage 0.77
Status Off Market
MLS # 703975
County Grainger
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.77
MLS # 703975
County Grainger
This is only the second time this home has been on the market. The former home of Gordie Reed, a member of the American Power Boat Association's Hall of Fame and holder of three World Records in Power Boat Racing, the home was purchased as a vacation home by a doctor's family to use exclusively as a vacation home a little over three years ago. Rarely used, and with changing family priorities, the home is available for sale again.The home sits on 0.77 of an acre with 172 feet of lakefront property. And, yes, the covered dock stays. The backyard is large enough to add a swimming pool, just as the neighbors have done recently. A Florida style design with a covered carport, the concrete driveway wraps around the rear of the home providing plenty of parking space for boats and/or recreational vehicles. 1,690 square feet of living space on the main level with an additional 1,690 square feet of basement. The home is being sold fully furnished, with just a few personal items that the family will keep. Three bedrooms and two bathrooms are on the main level. A covered main level rear deck provides views of Cherokee Lake, with the main bedroom also having its own private deck. The basement is partially finished and includes two additional rooms recently converted into bedrooms. One with bunk beds as part of the furniture. That's five bedrooms for large family lake gatherings. There is a bathroom in the basement as well. Please note there was remodeling taking place as the photos were taken. The rooms will be completed in time for the new owners to take over. The basement can be accessed through the driveway, no need to climb steps, and providing its own private entryway. The remainder of the basement has been used as storage and includes a garage door for easier accessibility. The roof was replaced four years ago. The home was painted three years ago. The heat pump was serviced this month. The home has had little use and is in fine shape.So, bottom line, this property presents opportunities for the new owners. As a vacation rental it provides plenty of space for renters with five rooms of bedroom furniture. As a vacation getaway for the owners, it has all that you need for lake living. Or, as a full-time residence, it allows you to live the lake life fulltime. Tennessee, which has NO State Income Tax and some of the lowest property taxes in the nation. Four full, mild seasons. Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. Located in Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital is 12.8 miles. Walmart and Lowe's are within 14 miles. You can have all this and access to Cherokee Lake, with its fishing, boating, and recreation activities. Looking for Lake Life, East Tennessee style? This home is for you.Live the Cherokee Lake Life!
Location not available

Exterior Features

  • Style Contemporary
  • Construction House
  • Siding Block, Concrete, Synthetic Stucco
  • Exterior Balcony, Dock, Private Entrance, Rain Gutters
  • Roof Shingle
  • Garage Yes
  • Water Well
  • Sewer Septic Tank
  • Lot Dimensions 133/216/176/235
  • Lot Description Back Yard, Cleared, Front Yard, Lake On Lot, Landscaped, Views, Waterfront

Interior Features

  • Appliances Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Heating Heat Pump
  • Cooling Ceiling Fan(s), Heat Pump
  • Basement Bath/Stubbed, Block, Daylight, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access
  • Fireplaces 1
  • Fireplaces Description Living Room
  • Year Built 1996

Neighborhood & Schools

  • Subdivision Mallard Bay

Financial Information

  • Parcel ID 008.00

Contact our Agent !

By clicking “Submit”, you agree that Lake Homes Realty, its affiliates, and real estate professionals may contact you by phone, text, or email to any phone number and email address you provided, including by automated means, even if your number is on a federal, state, or our internal Do Not Call list. You also agree to our Terms of Use and Privacy Policy.