$1,325,000
$25K PRICE DROP

488 Masters Ln Bean Station, TN 37708

Estimated payment $6,975/month

Total Views 3,999
3 Beds
3.5 Baths
5,238 Sq Ft
$253 Price per Sq Ft

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Bonus Room
  • Craftsman Architecture
  • Main Floor Primary Bedroom
  • Great Room

About This Home

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!

Listing Agent

Jarrod Brown

Single Tree Realty License #327586 Listed on: 10/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $315

Year Built

  • Built in 2025

Lot Details

  • 1.1 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Chain Link Fence
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Lake
  • Mountain
  • Countryside Views

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 5,238 Sq Ft Home
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Home Office
  • Bonus Room
  • Storage
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Schools

  • Bean Station Elementary School
  • Rutledge Middle School
  • Grainger County Adult High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association
  • Galilee Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041 023.43

Home Details

Home Type

Single Family

Est. Annual Taxes

$315

Year Built

Built in 2025

Lot Details

0

Parking

2

Listing Details

  • Directions: From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2025
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.1
  • Subdivision Name: Galilee Shores
  • Architectural Style: Craftsman
  • Contract Info:List PriceSqFt2: 252.95
  • General Property Description:SqFt - Main Lvl: 2619.0
  • General Property Description:SqFt - Down Lvl: 2619.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Has Basement: Finished, Walk-Out Access
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Pantry, Walk-In Closet(s), Kitchen Island

Exterior Features

  • View: Lake, Mountain View, Country Setting
  • Lot Features: Waterfront, Cul-De-Sac, Rolling Slope, Lake/Water Access
  • Construction Type: Block, Frame, Other, Fiber Cement
  • Patio And Porch Features: Porch - Covered

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Main Level, Off Street, Garage Door Opener, Garage Faces Side

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Lake/Water Access

Schools

  • Elementary School: Bean Station
  • High School: Grainger County Adult
  • Middle Or Junior School: Rutledge

Lot Info

  • Parcel #: 041 023.43

Tax Info

  • Tax Annual Amount: 314.9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Price Changed $1,325,000 -1.9% $253 / Sq Ft
10/19/2025 10/19/25 For Sale $1,350,000 -- $258 / Sq Ft
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1319222

East Tennessee REALTORS® MLS