8668 Lakeshore Drive
Rutledge, TN, 37861 $ 699,000
Bedrooms-- Baths-- Sq 1,248 Monthly Estimate*
$ 4,414
for $699,000. This 1,248 square foot building was built in 2025 on a lot size of 33.04.
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.
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FeaturesGeneralZoning 0
Year Built 2025
Property Subtype Multi Family
Tax Year 2025
County Grainger
Property Type Commercial Sale
HOA false
Subdivision Name None
Status Active
Directions From US-11E N Turn left onto Churchview St. Turn left onto TN-92 N Turn right onto TN-375 N. Destination will be on the left. No sign on property.
City Rutledge
MLS Area Grainger County
Lot Size Units Acres
Lot Size Square Feet 1439222.4
Tax Annual Amount 122.2
MLS Area Minor Grainger County
Standard Status Active
Tax Lot 0
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InteriorTotal Stories 1
Total Baths 0
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ExteriorTotal Parking 6
Lot Size Area 33.04
Number of Buildings 3
Building Area Total 1248
Lot Size Acres 33.04
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* Excluded FeaturesList ByWallace Real Estate LakesideBroker
randy.hobbs03@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,414
- Monthly Property Taxes
- $10
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Rutledge, TN
Average List Price $599,333
Percent of Sale Price 14%
About Rutledge, TN 1,307 Population
7% Since 2002
$ 33,604 Median Income
45.96 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $699,000 | | Listed Price |