$1,325,000
Bean Station, TN 37708
MLS# 1319222
3 beds | 5238 sqft
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Property 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. 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!
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 1325000
Current Price: $1,325,000
Status: Active
Listing Date: 2025-10-19
Location, Tax & Legal Info
Area: Grainger County - 45
Property Sub-Type: Residential
City/County Code: County
Elementary School: Bean Station
Middle School: Rutledge
Total Tax: 314.9
High School: Grainger County Adult
General Property Description
Type: Basement Ranch
# Bedrooms: 3
Acres: 1.1
Acre Source: Survey
# of Rooms: 17
Restrictions: Yes
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 2619
SqFt - Down Lvl: 2619
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 1
HOA: No
Basement: Yes
Bonus Room: Yes
Extra Storage: Yes
SqFt - Total (Aprox): 5238
Baths - Full: 3
Baths - 1/2: 1
Year Built: 2025
Remarks & Misc
Directions: From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.
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!
Fencing
Chain: 1
Atchd/Dtchd Type
Detached: 1
Style
Craftsman: 1
Construction
Block: 1
Frame: 1
Siding
Fiber Cement: 1
Other: 1
Fireplace
Gas Log: 1
Cooling
Central Cooling: 1
Floors
Luxury Vinyl Plank: 1
Garage/Parking
Garage Spaces: 2
Attached: 1
Garage Door Opener: 1
Garage Faces Side: 1
Main Level: 1
Off-Street Parking: 1
Basement
Finished: 1
Walkout: 1
Lot Description
Cul-De-Sac: 1
Lake/Water Access: 1
Rolling Slope: 1
Waterfront: 1
Fuel
Electric: 1
View
Country Setting: 1
Lake View: 1
Lakefront: 1
Mountain View: 1
Heat
Central: 1
Community Amenities
Lake/Water Access: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Other Rooms
Den/Study: 1
Extra Storage: 1
Family Room: 1
Great Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Office: 1
Exterior Features
Porch - Covered: 1
Misc Features
Internet Available: 1
Kitchen Island: 1
Pantry: 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Public: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
USDA/Rural: 1
VA Loan: 1
Location Tax Legal Info
House #: 488
Street Name: Masters
St Suffix: Lane
State/Province: TN
Zip Code: 37708
PIN #: 041 023.43
Subdivision: Galilee Shores
Geo Lat: 36.31782
Geo Lon: -83.399001
Status Change Info
Status Change Date: 2025-10-19
Property Features
Style: Craftsman
Construction: Block; Frame
Siding: Fiber Cement; Other
Basement: Finished; Walkout
Lot Description: Cul-De-Sac; Lake/Water Access; Rolling Slope; Waterfront
View: Country Setting; Lake View; Lakefront; Mountain View
Fireplace: Gas Log
Floors: Luxury Vinyl Plank
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer
Sewer: Septic Tank
Water: Public
Other Rooms: Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office
Misc Features: Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Exterior Features: Porch - Covered
Fencing: Chain
Community Amenities: Lake/Water Access
New Financing: Cash; Conventional; FHA; USDA/Rural; VA Loan
IDX
Listing Office: Single Tree Realty
Office Phone: 865-465-3397
Last Updated: November - 14 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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