487 Peninsula Point, Rutledge, TN 37861
Property image
Property image
FOR SALE
0.91 ACRES

$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*
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Home Highlights

Single-Family Home
Built in 2022
0.91 acre lot
$456/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 487 Peninsula Point.
  • Schools1 Preschool School2 Elementary Schools1 Middle School3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Active Status

MLS Status: Active

Interior Features

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)

Exterior Features

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

Days on Market

Days on Market: 180+

Property Information

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

Price & Status

Price
List Price: $819,900Price Per Sqft: $456

Location

Direction & Address
City: RutledgeCommunity: Penensulia Pointe

Agent Information

Listing Agent
Listing ID: 1330463

Building

Building Area
Building Area: 1800 Square Feet

Lot Information

Lot Area: 0.91 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 1330463Water View

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Deborah W.
    "Great area known for its beauty, lake fun, fishing, friendly neighbors, and peaceful solitude. Surrounded by awe inspiring lake and mountain views, this area and subdivision continue to attract both local and out-of-state buyers seeking an affordable dream home in a dream location. Many residents walk the neighborhood daily for exercise and to check on neighbors. Additionally, the area is very close to Morristown, Jefferson City, and Knoxville for you daily and weekly needs, plus special desires for educational, athletic, cultural, recreational and social activities."

Market trends in Rutledge

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41

Home Value

Trulia Estimate
$796K
Since 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
MonthEstimated 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

DateEventPrice
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

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.

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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.