Build your dream lake home in the beautiful Bluewater Peninsula subdivision in Bean Station, TN. This level 1-acre lakefront building lot offers the perfect combination of privacy, recreation, and convenience within a desirable gated community on Cherokee Lake.
Enjoy direct lake access with the option to build your own private dock, or take advantage of the public boat dock and launch located just 1.1 miles away. With gently rolling terrain and scenic lake and mountain views, this property is ideal for a primary residence, vacation retreat, or investment opportunity.
Property Highlights:
Approximately 1 acre of level lakefront property
Dockable lot on Cherokee Lake
Located in the gated Bluewater Peninsula community
Public boat dock and launch only 1.1 miles away
Peaceful setting with beautiful East Tennessee scenery
Utilities available for building
Convenient Location:
15 minutes to Morristown
54 minutes to Knoxville
Approximately 1 hour to the Great Smoky Mountains National Park
Experience the best of East Tennessee lake living with boating, fishing, kayaking, and stunning sunsets right outside your door while still being close to shopping, dining, and everyday conveniences.
Lot/land
$225,000
LOT 3R Bluewater Way, Bean Station, TN 37708
--beds
--baths
1.04Acres
Single Family Residence, Land
Built in ----
1.04 Acres Lot
$-- Zestimate®
$--/sqft
$83/mo HOA
What's special
Gently rolling terrainDirect lake access
- 30 days |
- 360 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
James Jamey Vaughn 423-258-1627,
RE/MAX Real Estate Ten Midtown 423-581-8881
Source: Lakeway Area AOR,MLS#: 711653
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront
- Body of water: Cherokee Lake
Lot
- Size: 1.04 Acres
- Dimensions: 264 x 1180 x 201 x 228
- Features: Cleared, Level, Waterfront
Details
- Additional structures: None
- Parcel number: 003.00
- Other equipment: None
Utilities & green energy
- Sewer: Septic Needed
- Water: Public
- Utilities for property: Electricity Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: Bluewater Peninsula
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Other
- HOA fee: $1,000 annually
- HOA name: Bluewater Peninsula
Location
- Region: Bean Station
Financial & listing details
- Annual tax amount: $784
- Date on market: 5/27/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $225,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37708
Nearby schools
GreatSchools rating
- 6/10Bean Station Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 5/10Rutledge Middle SchoolGrades: 7-8Distance: 10.4 mi
- 3/10Grainger High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Bean Station
- Middle: Rutledge
- High: Grainger High School
Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Grainger County
- Bean Station
- 37708
- LOT 3R Bluewater Way









