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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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 2022
  • 0.91 Acre Lot
  • Waterfront
  • 2 Car Garage
  • 261 days on Market

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    2022
  • Architectural Style
    Traditional
  • Construction Materials
    Frame, Brick, Fiber Cement
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Garage
  • Living Area
    1800.0
  • Interior Features
    Eat-in Kitchen, Walk-In Closet(s), Master Downstairs, Breakfast Bar
  • Appliances
    Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring
    Vinyl
  • Exterior Features
    Dock
  • Patio And Porch
    Covered, Porch
  • Security Features
    Smoke Detector(s)
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Electric, Propane, Central
  • Basement
    Crawl Space

  • Acres
    0.91
  • Lot Features
    Level, Waterfront, Landscaped
  • Water Front Features
    Lake Front
  • Water Front
    Yes
  • View
    Mountain(s), Lake
  • Water
    Public

  • Area
    Grainger County - 45
  • County
    Grainger
  • City
    Rutledge
  • Neighborhood
    Penensulia Pointe
  • Zip Code
    37861

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Frequently Asked Questions

How do I schedule a tour of 487 Peninsula Pointe?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 487 Peninsula Pointe.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 487 Peninsula Pointe?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $819,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Rutledge, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 487 Peninsula Pointe?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 487 Peninsula Pointe at around $4,666. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 487 Peninsula Pointe?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Grainger County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 487 Peninsula Pointe?

In most cases, yes. Whether 487 Peninsula Pointe is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Rutledge's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 487 Peninsula Pointe?

We can handle that for you. Our preferred local agent specializes in residentials in Rutledge and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $819,900 with 1,800 sqft of space—that comes out to approximately $456 per square foot.

How long has this property been on the market?

487 Peninsula Pointe was listed on February 23, 2026, which means it's been on the market for 261 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2022, making it approximately 4 years old.

What is the lot size of this property?

487 Peninsula Pointe sits on a 0.91-acre lot, which is 39,640 square feet.

Is 487 Peninsula Pointe still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, East Tennessee REALTORS MLS. All rights reserved.

Last Updated: November 11, 2026 at 01:01AM | Source: East Tennessee REALTORS MLS | MLS#: 1330463