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  • $699,000

    8668 Lakeshore Dr, Rutledge, TN 37861

    --beds
    --baths
    1,248sqft
    : 
    $4,157/mo
    Get pre-qualified
    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $560/sqft
    $-- HOA

    What's special

    Water featuresThree income-producing tiny homesPrivate pondGated acresMature timberEstablished logging roads
    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.
    7 days
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    172
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    14
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Randy Hobbs 865-973-7546,

    Wallace 865-342-4200

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3499724MLS Logo

      Facts & features

      Interior

      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Interior area
      • Total structure area: 1,248
      • Total interior livable area: 1,248 sqft

      Property

      Lot
      • Dimensions: 1181 x 1571 x 46 x 707 x 83 x 102 x 340 x 805
      Details
      • Parcel number: 061 05607 000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Other
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Utilities for property: Electricity Available

      Community & HOA

      Location
      • Region: Rutledge

      Financial & listing details

      • Price per square foot: $560/sqft
      • Annual tax amount: $122
      • Date on market: 8/7/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Listed for sale$699,000$560/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3499724 Report a problem
        10/15/2025Listing removed$1,200$1/sqft
        Source: Zillow Rentals Report a problem
        9/17/2025Price change$1,200-20%$1/sqft
        Source: Zillow Rentals Report a problem
        9/4/2025Price change$1,500-6.3%$1/sqft
        Source: Zillow Rentals Report a problem
        8/16/2025Listed for rent$1,600$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 37861

        Getting around

        0 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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