Price Reduction - Waterfront
Address
217 Masters Lane, Bean Station, TN
Price
$ 885,000
Property Attributes
  • ID#710694
  • TypeSingle Family
  • Listing Status Active
  • CountyGRAINGER
  • CityBean Station
  • NeighborhoodGalilee Shores
  • Zip37708
  • StyleContemporary
  • Year Built2021
  • Taxes$ 2686
  • Price$ 885,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4200
  • Lot Size0.6 Acres
Data Source:
Lakeway Area MLS (LAAMLS)
Property Description

Wake up to breathtaking lake views and the peaceful beauty of East Tennessee at 217 Masters Lane in Bean Station. This stunning full-brick lakefront home on Cherokee Lake sits on just over half an acre with more than 145 feet of lake frontage, offering the perfect blend of comfort, space, and waterfront living. Inside, the home features 3 bedrooms and 3 bathrooms with a bright open-concept layout designed to maximize both natural light and lake views. The primary suite is conveniently located on the main level, complete with a spacious ensuite bathroom featuring a large walk-in shower, creating a relaxing retreat at the end of the day. Main-level laundry adds everyday convenience. Downstairs, the HUGE 2100sqft HEATED AND COOLED unfinished basement with poured concrete walls and a finished full bathroom provides endless possibilities! Expand your living space, create a lakefront entertainment area, home gym, fitness area, workshop, or additional bedrooms while still having plenty of storage. Step outside and enjoy life on Cherokee Lake, known for its over 400 miles of scenic shoreline, incredible fishing, boating, and year-round natural beauty. With generous lake frontage and room to enjoy the outdoors, this property offers the ideal setting for a permanent residence, vacation getaway, or investment opportunity. If you've been dreaming of lakefront living with space, privacy, and incredible views, this property delivers. ***Photos have been virtually staged ***Higher level lake photos have been AI enhanced to show approximately how high lake rises in the summer. All information deemed reliable but not guaranteed. Buyers to verify all information including square footage.

Price History
3/12/2026 Listed $985,000
4/6/2026 4$950,000
5/20/2026 4$920,000
6/4/2026 3$899,000
8/13/2026 2$885,000

General Features

Living Area 4200.0
Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s),Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Electric Range,ENERGY STAR Qualified Appliances,Microwave,Range Hood,Refrigerator,Washer
Garage Spaces 2.0
Patio/Porch Features Covered,Deck,Front Porch,Patio,Porch,Rear Porch
Architectural Style Contemporary
Pool Features None
Construction Materials Brick
Year Built 2021
Electric 220 Volts in Laundry,Circuit Breakers
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 023.29
Waterfront Features Lake
County Grainger
New Construction No
Property Type Residential
Association Amenities Laundry
HOA No
Attached Garage Yes
Subdivision Name Galilee Shores
Garage Y/N Yes
Total Rooms 9
Full Baths 3
Status Active
Directions Continue to follow W Andrew Johnson Hwy,Take TN-343 N/Buffalo Trail to US-25E N/US-25 E South 10 min (4.6 mi),Continue on US-25E N/US-25 E South to Grainger County 14 min (12.8 mi),Turn left onto M
City Bean Station
Body of Water Cherokee Lake
Senior Community Y/N No
Lot Size Units Acres
Lot Size Square Feet 26136.0
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2686.05
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Structure Type House
Standard Status Active
Occupancy Type Vacant
MobileHomeRemainsYN No
Sewer_co_Septic_sp_Tank True
Heating_co_Central True
Year Built Effective 2021

Interior Features

Interior Amenities Eat-in Kitchen,Bar,Ceiling Fan(s),Crown Molding,Double Vanity,Granite Counters,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Smart Camera(s)/Recording,Smart Thermostat,Tray Ceiling(s),Walk-I
Basement Concrete,Daylight,Exterior Entry,Full,Interior Entry,Unfinished,Walk-Out Access,Walk-Up Access
Flooring Plank
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Drapes,Screens,Vinyl Clad Frames
Fireplace Y/N No
Above Grade Finished Area 2100.0
Laundry Features Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0.0
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 3

Exterior Features

Exterior Amenities Balcony,Lighting,Rain Gutters
Fencing Back Yard,Chain Link
Lot Features Back Yard,Gentle Sloping,Landscaped,Level,Views,Waterfront
Water Source Public
Lot Size Area 0.6
Spa No
Building Area Total 4200.0
Lot Dimensions 1
Lot Size Acres 0.6
Road Surface Type Paved
Frontage Type Waterfront
Waterfront Y/N Yes
Road Frontage Type County Road
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Exterior_sp_Features_co_Balcony True

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37708

Price
AVG $480K
$890K
Taxes
AVG $1,032
$2,686
Year Built
AVG 1990
2021
Visits
AVG 2
1
Data Provided by Inside Real Estate®

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