488 Masters Lane, Bean Station, TN 37708
$1,325,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
5,238
Lot Size (sq. ft.):
47,916
Status:
Active
Current Price:
$1,325,000
List Date:
10/19/2025
Last Modified:
3/11/2026
Overview
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 with an option to put a floating dock in with correct TVA permits. 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!
Listing Details MLS# 1319222
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
Contract Info
- Auction Y/N
- No
- Listing Price
- 1325000
General Property Description
- Type
- Basement Ranch
- Acres
- 1.1
- Acre Source
- Survey
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 5238
- SqFt - Main Lvl
- 2619
- SqFt - Down Lvl
- 2619
- # Bedrooms
- 3
- Baths - Full
- 3
- Baths - 1/2
- Yes
- # of Rooms
- 17
- Fireplace
- Yes
- # Fireplace
- Yes
- Property Status
- N/A
- HOA
- No
- Year Built
- 2025
- Bonus Room
- Yes
- Extra Storage
- Yes
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Basement
- Yes
Status Change Info
- Status Change 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
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 with an option to put a floating dock in with correct TVA permits. 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
Fencing
- Chain
- Yes
Atchd/Dtchd Type
- Detached
- Yes
Style
- Craftsman
- Yes
Construction
- Block
- Yes
- Frame
- Yes
Siding
- Fiber Cement
- Yes
- Other
- Yes
Fireplace
- Gas Log
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Luxury Vinyl Plank
- Yes
Garage/Parking
- Garage Spaces
- 2
- Attached
- Yes
- Garage Door Opener
- Yes
- Garage Faces Side
- Yes
- Main Level
- Yes
- Off-Street Parking
- Yes
Basement
- Finished
- Yes
- Walkout
- Yes
Lot Description
- Cul-De-Sac
- Yes
- Lake/Water Access
- Yes
- Rolling Slope
- Yes
- Waterfront
- Yes
Fuel
- Electric
- Yes
View
- Country Setting
- Yes
- Lake View
- Yes
- Lakefront
- Yes
- Mountain View
- Yes
Heat
- Central
- Yes
Community Amenities
- Lake/Water Access
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
- Washer
- Yes
Other Rooms
- Den/Study
- Yes
- Extra Storage
- Yes
- Family Room
- Yes
- Great Room
- Yes
- Laundry/Utility
- Yes
- Mstr Bdrm Main Level
- Yes
- Office
- Yes
Exterior Features
- Porch - Covered
- Yes
Misc Features
- Internet Available
- Yes
- Kitchen Island
- Yes
- Pantry
- Yes
- Walk-in Shower
- Yes
- Walk-In Closet(s)
- Yes
- Washer/Dryer Connect
- Yes
Sewer
- Septic Tank
- Yes
Water
- Public
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- USDA/Rural
- Yes
- VA Loan
- Yes
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
IDX
Office Phone: 865-465-3397
Last Updated: March - 11 - 2026
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