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
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.