Skip main navigation
Sold for $465,000
  • $465,000

    113 Peninsula Dr, Gray, TN 37615

    2beds
    1,690sqft
    Single Family Residence, Residential
    Built in 1984
    0.63 Acres Lot
    $465,600 Zestimate®
    $275/sqft
    $1,973 Estimated rent

    Home value

    $465,600

    $442,000 - $489,000

    $1,973/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,973/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,973/mo

    Rent Zestimate®

    Refinance and save

    $2,848/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,848/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    True lake frontageQuieter cove settingClassic a-frame architectureOutdoor living spacesWalls of windows
    LAKEFRONT LIVING ON BOONE LAKE. What if home felt a little more like vacation? Mornings overlooking the water. An afternoon on the lake without loading the boat, fighting the ramp or hauling anything home. Dinner on the deck. One more sunset before calling it a night. That's life at 113 Peninsula Drive. This lakefront A-frame isn't just a house near the water. It's a home designed around actually living on the lake. Step outside and your boat is waiting at your own covered boathouse with boat lift, making spontaneous lake days exactly that: spontaneous. No trailering. No marina run. Just grab the cooler, walk down to the water and go. Main channel gets the traffic. Cove living gets the peace. Here, the water feels almost like an extension of the neighborhood. The cove is quieter, more protected, and mostly traveled by the neighbors who live around you. Back at the house, the classic A-frame architecture gives the property the kind of character a lake house should have, while walls of windows and outdoor living spaces keep the water connected to everyday life. Features a bedroom and a full bath on the main level and a second bedroom and full bath in the loft. New roof in 2025. New HVAC in 2025. Basement den area provides extra space for entertaining. Whether you're hosting friends for a summer weekend, unwinding after work or sneaking in an early-morning cruise before the rest of the lake wakes up, this is a property built for the moments people move to the lake to have. And here's the part that's easy to underestimate: you're getting the lake lifestyle while still being conveniently positioned for Johnson City, Gray and Kingsport. 13 minutes from from the Tri-Cities Airport. 21 minutes from ETSU and Bristol Motor Speedway. So if you're looking at this through an investment lens, the setting is easy to imagine as a Boone Lake getaway. Classic A-frame character, true lake frontage, a quieter cove setting and a covered boathouse with boat lift create the kind of experience vacation guests are actually searching for. Spend the weekend on the water, come back to the house for dinner, wake up and do it all over again. Whether it becomes a full-time home, personal lake retreat or potentially a short-term rental, 113 Peninsula offers something increasingly hard to recreate: an experience. All information contained herein is deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan & Sarah McKinney 423-773-1607,

    KW Johnson City

    Bought with:

    David Gorley, 358073

    Crye-Leike Realtors

    Source: TVRMLS,MLS#: 9999418

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Range
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,690
    • Total interior livable area: 1,690 sqft
    • Finished area below ground: 330

    Property

    Features
    • Stories: 2
    • Patio & porch: Back, Deck, Front Porch
    • Exterior features: Dock
    • On waterfront: Yes
    • Waterfront features: Lake
    Lot
    • Size: 0.63 Acres
    • Dimensions: 189 x 145
    • Topography: Sloped
    Details
    • Additional structures: Boat House
    • Parcel number: 013k A 01700 000
    • Zoning: RS

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: A-Frame,Contemporary
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • Average
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Lake
    • Subdivision: Luther Payne
    HOA
    • Has HOA: No
    Location
    • Region: Gray

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $424,300
    • Annual tax amount: $1,814
    • Date on market: 8/12/2026
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/29/2026Sold$465,000$275/sqft
    Source: TVRMLS #9999418 Report a problem
    8/28/2026Pending sale$465,000$275/sqft
    Source: TVRMLS #9999418 Report a problem
    8/12/2026Listed for sale$465,000+72.2%$275/sqft
    Source: TVRMLS #9999418 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/11/2020Sold$270,000+29.8%$160/sqft
    Source: Public Record Report a problem
    3/1/2018Listing removed$1,400$1/sqft
    Source: Owner Report a problem
    2/19/2018Listed for rent$1,400$1/sqft
    Source: Owner Report a problem
    3/3/2005Sold$208,000+12.4%$123/sqft
    Source: Public Record Report a problem
    4/8/2002Sold$185,000$109/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,814 $106,075
    2024$1,814 +31.7%$106,075 +65.6%
    2023$1,377 $64,050
    2022$1,377 $64,050
    2021$1,377 $64,050
    2020$1,377 $64,050
    2019$1,377 $64,050 +9.8%
    2018-- $58,325
    2017$1,388 $58,325
    2016$1,388 +20.2%$58,325
    2015$1,155 $58,325
    2014$1,155 $58,325
    2013-- $58,325 -2.5%
    2011$1,145 $59,850
    2010$1,145 $59,850
    2009$1,145 $59,850
    2008-- $59,850 +27.3%
    2007$1,105 +17.5%$47,000
    2006$940 +7%$47,000
    2005$879 $47,000
    2004$879 +44.3%$47,000 +49%
    2003$609 $31,550 +8.3%
    2001-- $29,133 -75%
    2000-- $116,533
    Find assessor info on the county website

    Neighborhood: 37615

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Boones Creek
    • Middle: Boones Creek
    • High: Daniel Boone

    Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $465,600

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $465,600