886 Tate Rd Bean Station, TN 37708
Estimated payment $6,487/month
Highlights
- Lake Front
- Community Lake
- Contemporary Architecture
- 1.44 Acre Lot
- Deck
- Private Lot
About This Home
Lakefront Residential Paradise with Income & Multi-Use Potential | 5 Beds | 5 Baths | 2 Kitchens | 1.44 Acres | Bean Station, TNWhether you're seeking a full-time residence, a smart investment, a multi-generational living opportunity or vacation retreat, this versatile stunning lakefront home in beautiful Bean Station, TN delivers privacy, comfort, and potential.Situated on 1.44 private acres on beautiful Cherokee lake this one-of-a kind end lot opportunity sits on a quiet cove that offers year-round lakefront water views and is Dock allowed making this the perfect choice for fishing, kayaking, or simply relaxing by the water in every season.Each level of this home has it's own outside private entry and encompasses approximately 2,304 total square feet with 672 Square feet of additional potential living space in the walkout basement that includes lake facing windows! This home features a mirrored layout on both levels containing in total - 5 bedrooms, 5 full bathrooms, 2 full kitchens, 2 great rooms with brick wood burning fireplaces, 2 dining areas, 2 laundry areas (washer & dryer included). The floorplan offers large windows and sliding glass doors showcasing the serene waterfront views. The upper level of this home features a cathedral ceiling and you will find custom built in bookcases in both great rooms. The expansive covered decks on all levels and lakefront patio area makes for the perfect place to entertain or soak in the peaceful surroundings with a cup of coffee. This layout is ideal for multi-family living, guest accommodations, or dual rental opportunities—with plenty of space and privacy on each level and fiber internet available.Recent upgrades include New Magnolia Hardwood flooring and Tile, New roof, New split-system HVAC unit, Fresh exterior paint, Updated bathroom vanities, New concrete driveway with parking area, 3 new decks beautifully done with wrought iron railing and so much more.Enjoy ample room for boat and camper storage, abundant wildlife including ducks, geese, and eagles. This home offers direct access to a fisherman's paradise!One of the most unique features of this property is the TVA-protected land across the lake and adjacent to the lot, ensuring your scenic views and privacy remain undisturbed.Don't miss out on this rare opportunity to own a flexible use, upgraded lakefront home with year-round water access, incredible views, and peaceful surroundings. Call today to schedule your own private showing!All information obtained from CRS Tax records and Seller thus, deemed reliable. Buyer to verify all measurements and information on property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,803
Year Built
- Built in 1982
Lot Details
- 1.44 Acre Lot
- Lake Front
- Private Lot
- Lot Has A Rolling Slope
Parking
- Assigned Parking
Property Views
- Lake Views
- Countryside Views
Home Design
- Contemporary Architecture
- Block Foundation
- Wood Siding
- Rough-In Plumbing
Interior Spaces
- 2,304 Sq Ft Home
- Living Quarters
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- Insulated Windows
- Great Room
- Open Floorplan
- Storage Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Stubbed For A Bathroom
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Bean Station Elementary School
- Rutledge Middle School
- Rutledge High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Well
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 052 025.10
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,803 | $76,725 | $22,300 | $54,425 |
| 2023 | $1,803 | $76,725 | $22,300 | $54,425 |
| 2022 | $1,762 | $76,725 | $22,300 | $54,425 |
| 2021 | $1,762 | $76,725 | $22,300 | $54,425 |
| 2020 | $1,662 | $76,725 | $22,300 | $54,425 |
| 2019 | $1,662 | $59,350 | $22,300 | $37,050 |
| 2018 | $1,436 | $59,350 | $22,300 | $37,050 |
| 2017 | $1,436 | $59,350 | $22,300 | $37,050 |
| 2016 | $1,436 | $59,350 | $22,300 | $37,050 |
| 2015 | $1,522 | $59,350 | $22,300 | $37,050 |
| 2014 | $1,522 | $60,896 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2025 04/26/25 | For Sale | $1,200,000 | +439.3% | $521 / Sq Ft |
| 08/10/2018 08/10/18 | Sold | $222,500 | -7.3% | $97 / Sq Ft |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- |
| 07/20/2018 07/20/18 | For Sale | $239,900 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $222,500 | Colonial Title Group Inc | |
| Warranty Deed | $100 | -- | |
| Deed | $200,000 | -- | |
| Warranty Deed | $152,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $4,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: East Tennessee REALTORS® MLS
MLS Number: 1298866
APN: 052-025.10
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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