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For sale
    • $849,900

    487 Peninsula Point, Rutledge, TN 37861

    3beds
    1,800sqft
    : 
    $5,055/mo
    Get pre-qualified
    Single Family Residence
    Built in 2022
    0.91 Acres Lot
    $-- Zestimate®
    $472/sqft
    $-- HOA

    What's special

    Tranquil lake sceneryBack porchOne-level layout
    Lake Living Made Easy Enjoy peaceful lake views from both the front and back porch of this charming 3-bedroom, 1,800 sq ft ranch-style home designed for relaxed, easy living. This one-level layout offers comfortable living spaces with a natural flow, perfect for everyday living or a weekend retreat. Large windows invite in natural light and frame the water views, creating a calm and welcoming atmosphere throughout. Even better -- living room and bedroom furniture remain with the home, making this an ideal turnkey opportunity for a full-time residence, vacation getaway, or investment property. Step onto either porch with your morning coffee or unwind in the evening while taking in the tranquil lake scenery. Whether you're entertaining guests or enjoying quiet time by the water, this home delivers the lifestyle buyers are looking for.
    153 days
    |
    880
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Nichols 865-389-2568,

    Billy Houston Group, Realty Executives 865-577-7653

    Source: East Tennessee Realtors,MLS#: 1330463MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Propane, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
      Features
      • Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
      • Flooring: Vinyl
      • Windows: Insulated Windows
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 1,800
      • Total interior livable area: 1,800 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Main Level
      • Attached garage spaces: 2
      Features
      • Exterior features: Prof Landscaped, Dock
      • Has view: Yes
      • View description: Mountain(s), Country Setting
      • Has water view: Yes
      • Waterfront features: Waterfront
      • Frontage type: Lakefront
      Lot
      • Size: 0.91 Acres
      • Features: Level
      Details
      • Parcel number: 069l a 026.02

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Frame, Brick
      Condition
      • Year built: 2022

      Utilities & green energy

      • Sewer: Septic Tank, Perc Test On File
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Penensulia Pointe
      Location
      • Region: Rutledge

      Financial & listing details

      • Price per square foot: $472/sqft
      • Tax assessed value: $315,100
      • Annual tax amount: $1,851
      • Date on market: 2/24/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/24/2026Listed for sale$849,900+0.1%$472/sqft
        Source: East Tennessee Realtors #1330463 Report a problem
        12/29/2025Listing removed$849,000$472/sqft
        Source: East Tennessee Realtors #1308043 Report a problem
        10/20/2025Price change$849,000-1.2%$472/sqft
        Source: East Tennessee Realtors #1308043 Report a problem
        7/11/2025Listed for sale$859,000+560.8%$477/sqft
        Source: East Tennessee Realtors #1308043 Report a problem
        6/2/2022Sold$130,000$72/sqft
        Source: Public Record Report a problem
        11/19/2021Sold$130,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,851 $78,775
        2024$1,851 $78,775
        2023$1,851 +197.2%$78,775 +190.4%
        2022$623 $27,125
        2021-- $27,125
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 37861

        Getting around

        0 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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