123 Substation Rd, Mooresburg, TN 37811
What's special
Three homes. One property. Cherokee Lake access one tenth of a mile from the driveway. Out-of-state buyers keep asking the same question: how do you get on Cherokee Lake without a million dollar waterfront price tag? This is one answer. 1.68 unrestricted acres in Mooresburg with a 3-bedroom, 2-bath home remodeled top to bottom in 2020, a 2-bedroom, 1-bath home, and a 12x32 tiny home with a full kitchen, full bath, and stackable washer and dryer. Live in one. Rent the other two. Or fill all three with the people you actually want to see. Every home has its own covered porch, its own driveway, and its own electric meter. Two detached carports, a 648 square foot garage for the boat, and three storage buildings. The land is unrestricted, so you can add a septic and park campers or RVs if you want another stream of income. Here's what nobody tells you until you get here. Tennessee has no state income tax. Cherokee Lake runs 54 miles with public ramps up and down it. The Smokies are about an hour and a half southeast, and Knoxville's airport is close enough that family can fly in for a long weekend instead of planning a road trip. Cherokee Lake access is at the end of the road. This property is tucked off Hwy 11W in Hawkins County, where the road stays quiet and the ridgelines do the decorating. Three roofs, one closing, and a boat ramp at the end of the street.
- 97 days
- 480
- 42
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Amy Shrader 423-748-8811,
RE/MAX Real Estate Ten Midtown 423-581-8881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric, Other
Appliances
- Included: Dryer, Electric Oven, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Main Level, Multiple Locations, Washer Hookup
Features
- Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Open Floorplan, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Vinyl
- Windows: Vinyl Frames
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Metal
- Common walls with other units/homes: No Common Walls
Interior area
- Finished area above ground: 2,036
- Finished area below ground: 0
Video & virtual tour
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Rain Gutters, Storage
- Fencing: None
- Waterfront features: Lake Privileges
Lot
- Size: 1.68 Acres
- Dimensions: 278.40 x 306.55
- Features: Back Yard, Front Yard, Irregular Lot, Level
Details
- Additional structures: Garage(s), Storage
- Parcel number: 132 12300 000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Manufactured Home
Materials
- Metal Siding, Vinyl Siding
- Foundation: Permanent, Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: 220 Volts in Laundry, Circuit Breakers
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Mooresburg
Financial & listing details
- Tax assessed value: $81,300
- Annual tax amount: $768
- Date on market: 7/24/2026
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Pending sale | $289,900 |
Source:  Lakeway Area AOR #712313 Report a problem | ||
| 9/18/2026 | Price change | $289,900-10.8% |
Source:  East Tennessee Realtors #1349394 Report a problem | ||
| 7/24/2026 | Listed for sale | $325,000 |
Source: Lakeway Area AOR #712313 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $519 +11.7% | $20,325 +11.7% |
| 2024 | $465 +9.9% | $18,200 |
| 2023 | $423 +436.9% | $18,200 +435.3% |
| 2022 | $79 | $3,400 |
| 2021 | -- | $3,400 -20.9% |
| 2020 | $109 | $4,300 |
| 2019 | $109 -16.5% | $4,300 -16.5% |
| 2018 | $130 +0.3% | $5,150 |
| 2017 | $130 | $5,150 |
| 2016 | $130 +2.4% | $5,150 |
| 2015 | $127 -3.7% | $5,150 -3.7% |
| 2014 | $132 +5% | $5,350 -0.1% |
| 2013 | $126 -0.2% | $5,357 |
| 2012 | $126 +0.2% | $5,357 |
| 2011 | $126 | $5,357 |
| 2010 | -- | $5,357 +23.3% |
| 2009 | $117 +3.6% | $4,343 |
| 2008 | $113 | $4,343 |
| 2007 | $113 +10.6% | $4,343 |
| 2006 | $102 -11.9% | $4,343 |
| 2005 | $116 -3.4% | $4,343 -8.8% |
| 2004 | $120 +5% | $4,761 |
| 2002 | $115 | $4,761 |
| 2001 | -- | $4,761 -75% |
| 2000 | -- | $19,043 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
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