$819,900
Original price: $849,900
- 3 Beds
- 2 Baths
- 1,800 sqft (on 0.91 acres)
487 Peninsula Point, Rutledge, TN 37861
Est. Mortgage $4,782/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2022
0.91 acre lot
$456/sqft
2 Car Garage
Local Information
-- mins to
About this House
Lake Living Made Easy
Enjoy peaceful lake views from both the front and back porch of this charming 3-bedroom, 1,800 sq ft ranch-style home designed for relaxed, easy living.
This one-level layout offers comfortable living spaces with a natural flow, perfect for everyday living or a weekend retreat. Large windows invite in natural light and frame the water views, creating a calm and welcoming atmosphere throughout.
Even better -- living room and bedroom furniture remain with the home, making this an ideal turnkey opportunity for a full-time residence, vacation getaway, or investment property.
Step onto either porch with your morning coffee or unwind in the evening while taking in the tranquil lake scenery. Whether you're entertaining guests or enjoying quiet time by the water, this home delivers the lifestyle buyers are looking for.
Enjoy peaceful lake views from both the front and back porch of this charming 3-bedroom, 1,800 sq ft ranch-style home designed for relaxed, easy living.
This one-level layout offers comfortable living spaces with a natural flow, perfect for everyday living or a weekend retreat. Large windows invite in natural light and frame the water views, creating a calm and welcoming atmosphere throughout.
Even better -- living room and bedroom furniture remain with the home, making this an ideal turnkey opportunity for a full-time residence, vacation getaway, or investment property.
Step onto either porch with your morning coffee or unwind in the evening while taking in the tranquil lake scenery. Whether you're entertaining guests or enjoying quiet time by the water, this home delivers the lifestyle buyers are looking for.
Last check for updates: about 2 hours ago
Listing courtesy of Kelly Nichols, (865) 389-2568
Billy Houston Group, Realty Executives, (865) 577-7653
Source: East Tennessee Realtors, MLS#1330463

Home Details for 487 Peninsula Point
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MLS Status: Active |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1800 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning OvenDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Central,Propane,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas LogHas a Fireplace |
Windows, Doors, Floors & Walls Window: Insulated WindowsFlooring: Vinyl |
Levels, Entrance, & Accessibility Floors: Vinyl |
View Has a ViewView: Mountain(s), Country Setting |
Security Security: Smoke Detector(s) |
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Exterior Home Features Exterior: Prof Landscaped, DockNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Main Level |
Frontage WaterfrontWaterfront: WaterfrontFrontage Type: LakefrontOn Waterfront |
Water & Sewer Sewer: Septic Tank, Perc Test On File |
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Days on Market: 180+ |
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Year Built Year Built: 2022 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Fiber Cement, Frame, BrickNot Attached Property |
Property Information Parcel Number: 069l a 026.02 |
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Price List Price: $819,900Price Per Sqft: $456 |
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Direction & Address City: RutledgeCommunity: Penensulia Pointe |
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Listing Agent Listing ID: 1330463 |
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Building Area Building Area: 1800 Square Feet |
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Lot Area: 0.91 acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 1330463Water View |
Around this home
What Locals Say about Rutledge
At least 8 Trulia users voted on each feature.
90 % Say parking is easy
90 % Say yards are well-kept
89 % Say car is needed
82 % Say there's holiday spirit
67 % Say there's wildlife
56 % Say it's walkable to grocery stores
50 % Say it's dog friendly
50 % Say people would walk alone at night
46 % Say it's quiet
39 % Say neighbors are friendly
38 % Say there are sidewalks
25 % Say kids play outside
22 % Say it's walkable to restaurants
13 % Say there are community events
11 % Say they plan to stay for at least 5 years
11 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Rutledge
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41
Home Value
Trulia Estimate
$796KSince last month
Increased$8K (+1%)Since last year
Decreased$22K (-2.7%)Since last sale
Increased$666K (+512.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +93% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $796K |
| August 2026 | $788K |
| July 2026 | $818K |
| June 2026 | $817K |
| May 2026 | $820K |
| April 2026 | $822K |
| March 2026 | $824K |
| February 2026 | $840K |
| January 2026 | $812K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | $820,000 | 05/27/26 | 4 | 3.5 | 3,480 | |
0.33 | Single-Family Home | $850,000 | 06/09/26 | 3 | 3.5 | 2,900 | |
0.43 | Single-Family Home | $411,550 | 09/04/26 | 4 | 4 | 3,173 | |
0.76 | Single-Family Home | $369,000 | 06/22/26 | 3 | 2 | 1,525 | |
0.76 | Single-Family Home | $369,000 | 06/22/26 | 3 | 2 | 1,525 | |
0.81 | Single-Family Home | $367,000 | 04/13/26 | 3 | 2 | 1,724 | |
0.81 | Single-Family Home | $367,000 | 04/13/26 | 3 | 2 | 1,724 | |
0.75 | Single-Family Home | $445,000 | 05/13/26 | 3 | 2 | 2,400 | |
0.83 | Single-Family Home | $390,000 | 07/27/26 | 3 | 2 | 1,527 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | - | - | - | - | Off Market | |
0.09 | $710,500 | 3 | 1.5 | 1,684 | Off Market | |
0.10 | $853,400 | 3 | 3 | 3,817 | Off Market | |
0.15 | $325,000 | - | - | - | For Sale | |
0.27 | - | - | - | - | Off Market | |
0.27 | $799,900 | 3 | 2.5 | 2,684 | For Sale | |
0.30 | $820,000 | 4 | 3.5 | 3,480 | Recently Sold | |
0.30 | - | - | - | - | Off Market | |
0.30 | - | - | - | - | Off Market | |
0.34 | $59,900 | - | - | - | Recently Sold | |
0.34 | $59,900 | - | - | - | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Aug 17, 2026 Source: East Tennessee Realtors #1330463 | PriceChange | $819,900 Price decreased by 4% |
Feb 24, 2026 Source: East Tennessee Realtors #1330463 | Listed For Sale | $849,900 |
Dec 29, 2025 Source: East Tennessee Realtors #1308043 | ListingRemoved | $849,000 |
Oct 20, 2025 Source: East Tennessee Realtors #1308043 | PriceChange | $849,000 Price decreased by 1% |
Jul 11, 2025 Source: East Tennessee Realtors #1308043 | Listed For Sale | $859,000 |
Jun 2, 2022 Source: N/A | Sold | $130,000 |
Nov 19, 2021 Source: N/A | Sold | $130,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,851 | $315,100 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kelly Nichols, Billy Houston Group, Realty Executives, (865) 577-7653
Agent Phone: (865) 389-2568

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: Zillow, Inc., local broker - Eric Young - (865) 378-5282.
Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Eric Young - (865) 378-5282.
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Frequently asked questions about 487 Peninsula Point
- What is the estimated monthly payment for 487 Peninsula Point?Based on a $819,900 list price with 20% down at today's rates, the estimated monthly payment for 487 Peninsula Point in Rutledge, TN is approximately $4,872 (about $4,449 principal & interest, $348 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Rutledge?Residents describe Rutledge, TN as easy to park in, well-kept, and walkable to grocery stores. See homes for sale in Rutledge, TN.
- What are the closest schools to 487 Peninsula Point?The closest schools to 487 Peninsula Point in Rutledge, TN are Grainger Academy (High), Grainger County Adult High School, Grainger High School (rated 3/10).
- What is 487 Peninsula Point estimated to be worth?Trulia's estimated value for 487 Peninsula Point in Rutledge, TN is $795,800.
- Does 487 Peninsula Point have air conditioning?Yes, 487 Peninsula Point in Rutledge, TN has air conditioning.
- How big is the lot at 487 Peninsula Point?The lot at 487 Peninsula Point in Rutledge, TN is about 0.91 acres (39,640 sq ft).
487 Peninsula Point, Rutledge, TN 37861 is a 3 bedroom, 2 bathroom, 1,800 sqft single-family home built in 2022. This property is currently available for sale and was listed by East Tennessee Realtors on Feb 24, 2026. The MLS # for this home is MLS# 1330463.

