488 Masters Lane, Bean Station, TN 37708

New
$1,350,000
Property Type: Single Family Bedrooms: 3 Square Footage: 5,238 Lot Size (sq. ft.): 47,916 Status: Active
Current Price: $1,350,000 List Date: 10/19/2025 Last Modified: 10/19/2025

Description

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!

More Information MLS# 1319222

Contract Info

Auction Y/N: No Listing Price: 1350000 Current Price: $1,350,000 Status: Active Listing Date: 2025-10-19

Location, Tax & Legal Info

Area: Grainger County - 45 Property Sub-Type: Residential City/County Code: County Elementary School: Bean Station Middle School: Rutledge Total Tax: 314.9 High School: Grainger County Adult

General Property Description

Type: Basement Ranch # Bedrooms: 3 Acres: 1.1 Acre Source: Survey # of Rooms: 17 Restrictions: Yes Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 2619 SqFt - Down Lvl: 2619 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 5238 Baths - Full: 3 Baths - 1/2: 1 Year Built: 2025

Remarks & Misc

Directions: From Rutledge Pike turn onto Masters Lane, home at back of cul-de-sac first driveway on right. Public Remarks: 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!

Fencing

Chain: 1

Atchd/Dtchd Type

Detached: 1

Style

Craftsman: 1

Construction

Block: 1 Frame: 1

Siding

Fiber Cement: 1 Other: 1

Fireplace

Gas Log: 1

Cooling

Central Cooling: 1

Floors

Luxury Vinyl Plank: 1

Garage/Parking

Garage Spaces: 2 Attached: 1 Garage Door Opener: 1 Garage Faces Side: 1 Main Level: 1 Off-Street Parking: 1

Basement

Finished: 1 Walkout: 1

Lot Description

Cul-De-Sac: 1 Lake/Water Access: 1 Rolling Slope: 1 Waterfront: 1

Fuel

Electric: 1

View

Country Setting: 1 Lake View: 1 Lakefront: 1 Mountain View: 1

Heat

Central: 1

Community Amenities

Lake/Water Access: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1 Washer: 1

Other Rooms

Den/Study: 1 Extra Storage: 1 Family Room: 1 Great Room: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1 Office: 1

Exterior Features

Porch - Covered: 1

Misc Features

Internet Available: 1 Kitchen Island: 1 Pantry: 1 Walk-in Shower: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 USDA/Rural: 1 VA Loan: 1

Location Tax Legal Info

House #: 488 Street Name: Masters St Suffix: Lane State/Province: TN Zip Code: 37708 PIN #: 041 023.43 Subdivision: Galilee Shores Geo Lat: 36.31782 Geo Lon: -83.399001

Status Change Info

Status Change Date: 2025-10-19

Property Features

Style: Craftsman Construction: Block; Frame Siding: Fiber Cement; Other Basement: Finished; Walkout Lot Description: Cul-De-Sac; Lake/Water Access; Rolling Slope; Waterfront View: Country Setting; Lake View; Lakefront; Mountain View Fireplace: Gas Log Floors: Luxury Vinyl Plank Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Water: Public Other Rooms: Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office Misc Features: Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect Exterior Features: Porch - Covered Fencing: Chain Community Amenities: Lake/Water Access New Financing: Cash; Conventional; FHA; USDA/Rural; VA Loan
Listing Office: Single Tree Realty
Office Phone: 865-465-3397
Last Updated: October - 19 - 2025
488 Masters Lane, Bean Station, TN 37708- MLS# 1319222
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