For sale

$849,900

487 Peninsula Point, Rutledge, TN 37861

3beds

1,800sqft

Est.: 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.

92 days

672

30

Tour with a local agent

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

Price history

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

Public tax history

Year	Property taxes	Tax 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.

See how much you could borrow to make a competitive offer.

Get pre-qualified