$194,000
$5K PRICE DROP

Lot 48 Shiloh Springs Rd Rutledge, TN 37861

Estimated payment $1,087/month

Total Views 8,614
0.97 Acre
$200,000 Price per Acre
42,253 Sq Ft Lot

Highlights

  • Community Boat Slip
  • Cul-De-Sac
  • Picnic Area
  • Gated Community
  • Views
  • Trails

About This Lot

One of the finest, if not the finest, building lots is now for sale at Shiloh Springs, a private-gated Cherokee Lake community. Why is it one of the finest? Location: This is the closest lot to the residents-only boat dock and ramp. Walk out your door and your boat slip is steps away. Or, if you don't like keeping your boat in the water, the ramp is right there for unloading/loading your boat. You have access to a boat dock and ramp, next to your home, without having to spend tens of thousands of dollars on building or maintaining them. And if you don't wish to fill up your garage with your trailer, residents have a designated parking area for trailers, boats and/or jet skis. Size and privacy: 0.97 of an acre runs parallel down the road so you have no neighbors on that side. To the rear, that land is owned by TVA. No one can build behind you. And Cherokee Lake backs up to the lot, so accessing the Lake is a plus. It's a long lot, so you can build your home in the center, providing privacy from all sides. No subdivision overcrowding here. Views: Cherokee Lake is within a few feet. The view is unobstructed and cannot be blocked by having someone build a home in front of you. The land is cleared with access to underground utilities. No falling tree branches to knock out electricity or ugly power lines which will impact that view. So, to sum it up. A large parcel of land. Year-round views of Cherokee Lake. Lake access. Access to a boat dock. The finest!
Located in Grainger County, with its scenic farmland but close to everything. It is conveniently located to the towns of Morristown and Jefferson City. Two Walmart's are within 18 miles. Two major hospitals are within 17 miles. And, if you work in Knoxville, you can be at the I-40 397 exit ramp in 36 miles. Move to East Tennessee, which has NO State Income Tax and some of the lowest property taxes in the nation. When gas was $7 in California, it was half that in East TN! 4 full, mild seasons, and no destructive hurricanes, flooding, tornadoes, blizzards, sharks, alligators or pythons to fear and deal with in the Cherokee Lake area. Last winter, when there was 4 feet of snow on the ground up north, the ground was barely moist here! If you are relocating, this area is within an 8-hour drive of 20 of the 50 states, allowing you to remain close to family members. Live the Cherokee Lake Life!

Listing Agent

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 08/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $449

Lot Details

  • 0.97 Acre Lot
  • Cul-De-Sac
  • Cleared Lot

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Septic Needed

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 048.00

Community Details

Overview

  • Association fees include maintenance structure, snow removal
  • Shiloh Springs Subdivision
  • Maintained Community
  • Community Parking

Amenities

  • Picnic Area
  • Community Storage Space

Recreation

  • Community Boat Slip
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$449

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.97
  • Subdivision Name: Shiloh Springs
  • Directions: Off Lakeshore Drive, enter gate. Stay right. At split, stay left. Next split, stay left. Nest road, turn right. Lot will be on the left.
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Cul-De-Sac, Views
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Amenities: Boat Slip, Gated, Maintenance, Picnic Area, Parking, Storage, Trail(s)
  • Association Fee: 86.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Snow Removal

Lot Info

  • Lot Size Sq Ft: 42253.2
  • Parcel #: 048.00
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 448.85
  • Tax Map Number: 061G
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
12/10/2025 12/10/25 Price Changed $194,000 -2.5% --
08/15/2025 08/15/25 For Sale $199,000 +20.6% --
12/18/2023 12/18/23 Sold $165,000 -10.8% -- View Prior Sale
12/04/2023 12/04/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $184,900 -- --
Source: Lakeway Area Association of REALTORS®

Source: Lakeway Area Association of REALTORS®

MLS Number: 708699

Lakeway Area Association of REALTORS®