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8668 Lakeshore Drive

Rutledge, TN 37861
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Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.

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Detail Ic Property Details

Property Type : Residential Income

Price : $699,000

AD Id : 89243465

MLS Id : RTC3499724

Living Area Size : 1,248

Year Built : 2025

County : Grainger County

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Feature Features

  • Interior Features

    Roof: Metal

    Roofing Information

    Metal
  • Flooring Information

    Construction Materials: Frame, Other
  • Heating & Cooling

    Heating: Electric, Heat Pump Has Heating: Yes Cooling: Central Air Has Cooling: Yes

  • Building Information

    Year Built: 2025

  • Lot Information

    Lot Dimensions: 1181x1571x46x707x83x102x340x805

    Property Information

    Property Type: Residential Income

  • Listing Price Information

    Original List Price:$699000

  • Tax Information

    Annual Tax: $122 Parcel Number: 061 05607 000

  • Utility Information

    Electricity Available
  • Location Information

    City: Rutledge Direction: From US-11E N, Turn left onto Churchview St., Turn left onto TN-92 N, Turn right onto TN-375 N. Destination will be on the left. No sign on property. Latitude: 36.259541 Longitude: -83.421294
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
196 Roberts Ridge, Rutledge, TN, 37861 $229,900 3 2 1,250 1,250 SqFt
248 Cherokee Cove, Rutledge, TN, 37861 $675,000 3 3 3,820 3,820 SqFt
1946 Spoon Hollow Rd, Rutledge, TN, 37861 $179,000 3 2 1,200 1,200 SqFt
311 Alberts Cove, Rutledge, TN, 37861 $1,100,000 4 4 5,072 5,072 SqFt
1982 Holston Shores Drive, Rutledge, TN, 37861 $539,900 3 3 2,318 2,318 SqFt
854 Holston Shores Dr, Rutledge, TN, 37861 $799,900 3 4 2,460 2,460 SqFt
796 Holston Shores Drive, Rutledge, TN, 37861 $824,900 4 4 3,078 3,078 SqFt
434 Henry Clark Lane, Rutledge, TN, 37861 $699,900 3 2 1,824 1,824 SqFt
125 Ball, Rutledge, TN, 37861 $202,000 3 2 1,296 1,296 SqFt
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ByOwner last updated this listing 08/11/2026 @ 06:20

MLS: REALTRAC #3499724 LISTED BY: Randy Hobbs, Wallace 865-342-4200 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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